Common use of Insurance and Claims Clause in Contracts

Insurance and Claims. 2.13.1 Premiums paid for insurance to cover the risks related to Petroleum Operations according to Contractor's practice or any of its employees and/or outsiders, which is in compliance with international petroleum practice or which is required by law.

Insurance and Claims. 2.13.1 2.7.1 Premiums paid for insurance to cover the risks related to Petroleum Operations according to Contractor's practice or any of its employees and/or outsidersthe CONTRACTOR’s practice, which is in compliance with international petroleum practice or which is required by lawpractice.