Insurance Addendum Clause Samples
An Insurance Addendum is a supplementary agreement attached to a primary contract that outlines specific insurance requirements for one or more parties involved. It typically details the types and minimum amounts of insurance coverage required, such as general liability or property insurance, and may specify proof of coverage or additional insured provisions. The core function of this clause is to ensure that all parties are adequately protected against potential risks and liabilities arising from the contract, thereby allocating risk and providing clarity on insurance obligations.
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Insurance Addendum. At the request of either party, the ▇▇▇▇▇▇▇ ESD and the Association agree to form a Joint Insurance Committee of no more than six (6) people, three (3) from each party, to study and make recommendations to the District and Association about advantages and disadvantages of insurance alternatives compared to the present coverage. It is suggested that the HR Director initiate organization of the committee. For the purpose of this article, DESDA and the District agree that a MOU may need to be developed to comply with state requirements.
Insurance Addendum. Sections 8.01 and 8.02 of the Original Agreement shall be deleted and replaced with the following:
Insurance Addendum. Springfield Metropolitan Housing Authority (“SMHA”) and Teamsters, Local 284 (the “Union”) hereby supplement the collective bargaining agreement (the “Agreement”) entered into between the parties, effective January 1, 2017, with the following information regarding the insurance benefits that will be available to employees during the contract term.
Insurance Addendum. TurnKey shall enroll Owner in its Accommodations Protection Program (the “Program”) unless Owner opts out as provided in Section 3 (“Opting Out”) of this Insurance Addendum or has previously opted out of the Program.
Insurance Addendum. Owner’s insurance identification card is kept within the vehicle in the glove box. Renter will not remove or tamper with the insurance card. Renter will show the insurance card only when requested by law enforcement or during an accident. Renter must obtain the insurance information of the other driver involved in any accident or damage prior to or at the same time as providing the insurance identification for this Vehicle to the other driver. Owner recommends that, in the event the other driver refuses to provide insurance information and/or license, ▇▇▇▇▇▇ should wait for law enforcement to respond and DO NOT share Renter and/or Authorized Driver license(s), Owner’s insurance, or your personal auto insurance until prompted by law enforcement. Owner recommends that Renter attempt to obtain full plate details, color, make and model of other vehicle if it is safe to do so. Owner recommends that pictures be taken of damage to both vehicles and any property damage resulting from the automobile accident or damage.
Insurance Addendum. This addendum applies to the lease ("Lease") that consists of Schedule 1 and each Acceptance Certificate that is made in connection therewith, all being made in accordance with Master Lease Agreement number 73558WA-006 dated September 20, 2007 between BancLeasing, Inc., as Lessor, and Advanced Medical Isotope Corporation, as Lessee. Lessee hereby certifies that property and liability insurance coverage(s) ("Coverage(s)") required by the Leasse is provided under the insurance policy or policies referenced below. I.essee hereby authorizes Lessor to obtain, and any insurance company or companies providing said Coverage(s) to release or issue to Lessor upon Lessor's request, either or both, the policy or policies of insurance, and/or endorsement(s) of Coverage. Agent/Broker Name:_________________________________________________________________________________________________ Company Name: ____________________________________________________________________________________________________ Policy No.:___________________________ Policy Expiration Date ____________________________________________________________ Address: _________________________________________________________________________________________________________ City: ____________________________________________________State:_________________________ Zip: ________________________ Phone No.: _______________________________________________ Fax No.: ___________________________________________________ Please provide a certificate of insurance, lender's loss payable endorsement, and additional insured endorsement as follows: Loss Payee & Additional Insured: BancLeasing, Inc. and Washington Trust Bank As Their Interests Appear 660 North Central Expressway, Suite 400 Plano, TX ▇▇▇▇▇ ▇▇▇.▇▇▇.▇▇▇▇ Phone ▇▇▇.▇▇▇.▇▇▇▇ Fax BY: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ NAME: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ TITLE: President DATE: 9/21/07 CashFlow LEASE Lease #: ▇▇▇▇▇▇▇-▇▇▇ ▇▇▇▇▇▇▇▇ #: 1 Date: September 20, 2007 This Progress Payment Addendum is an Addendum to that certain Master Lease Agreement referenced above. All terms and conditions of the Master Lease Agreement not inconsistent with this addendum shall be and remain in full force and effect. All capitalized terms used herein but not defined herein shall have the same meaning as set forth in the Master Lease Agreement. Lessee hereby acknowledges that AccSys Technology, Inc. ("Vendor") requires advance payment(s) in the manner specified below ("Progress Payments") prior to complete delivery, i...
Insurance Addendum. Should your project bid succeed, our contract requires that you return to us the signed contract and Certificate of Insurance showing commercial general liability, business auto liability, employers liability insurance and work comp. Our contract requires that you provide a copy of any endorsement issued by your insurance company naming us as an additional insured. We must receive these before you begin work or provide services on the project. Your policies also should: • Include at least $1,000,000 limits of commercial general liability, business auto liability and employer’s liability. • Be issued by an insurance carrier that maintains an A.M. Best's Rating of "A-" or better, is duly admitted in the State of Minnesota and is reasonably acceptable to us. (Your insurance agent can advise you about ratings on insurance companies). Your commercial general liability policy should: • Include commercial general liability aggregate limits of at least $2,000,000 with the general aggregate limit applicable per project. • Be an occurrence coverage form equivalent to ISO's CG 00 01 10 01. • Include coverage for liability arising from premises-operations, independent contractors, products- completed operations, personal and advertising injury and liability assumed under an insured contract (including tort liability of another assumed in a business contract). • Include no endorsements or modifications arising from pollution, explosion, collapse, underground property damage or work performed by subcontractors. • Include a waiver of subrogation. • Name us as an additional insured on a primary basis for ongoing and completed work ISO forms CG 20 10 07 04 and CG 20 37 07 04 (or using substitute forms that provide equivalent coverages). Additionally, we require that your business will: • ▇▇▇▇▇ completed operations insurance for 5 years beyond project completion. • Name our company as an additional insured on a primary basis on your commercial general liability insurance for 5 years beyond project completion. • Provide at least 30 days written notice prior to cancellation or termination of your commercial general liability, business auto liability and employer’s liability policies. A copy must be provided to your insurance agent with a copy of. You must include all insurance costs in your bid, as you will be unable to renegotiate these costs later. Please contact me if your agent would like the names of carriers that meet these requirements and can provide these coverages.