Common use of Insurance and Title Clause in Contracts

Insurance and Title. 7.1 The Supplier shall take out Employers Liability Insurance of not less than £5 million pounds (£5,000,000 ) in accordance with the Employers’ Liability (Compulsory Insurance) Act 1969 plus a Public Liability Insurance Policy (in the case of provision of the Services or carrying out of the Works) and a Product Liability Insurance Policy (in the case of supply of Goods) with a reputable company in England, both with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis and such insurance shall be maintained in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.2 The Supplier shall provide evidence of the policies of insurance required to be maintained under the Contract and evidence of premiums paid by way of a broker’s letter whenever reasonably requested to do so by the Customer. When trading with the Customer on a regular basis evidence of renewals shall be provided at least annually. 7.3 Where the Supplier is undertaking any design responsibility for the Works or any part of the Works it shall maintain Professional Indemnity Insurance with a reputable company in England with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis and such insurance shall be maintain in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.4 Title in the Goods shall pass to the Customer upon delivery, unless payment for the Goods (less any retention money) is made prior to delivery, in which case it shall pass to the Customer once payment has been made and the Goods shall be considered to have been appropriated to the Contract and shall be marked "Property of the Customer ".

Insurance and Title. 7.1 The Supplier shall take out Employers Liability Insurance of not less than £5 million pounds (£5,000,000 ) in accordance with the Employers’ Liability (Compulsory Insurance) Act 1969 plus a Public Liability Insurance Policy (in the case of provision of the Services or carrying out of the Works) and a Product Liability Insurance Policy (in the case of supply of Goods) with a reputable company in England, both with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis unless the Customer agrees in writing to a lower figure and such insurance shall be maintained in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.2 The Supplier shall provide evidence of the policies of insurance required to be maintained under the Contract and evidence of premiums paid by way of a broker’s letter whenever reasonably requested to do so by the Customer. When trading with the Customer on a regular basis evidence of renewals shall be provided at least annually. 7.3 Where the Supplier is undertaking any design responsibility for the Works or any part of the Works it shall maintain Professional Indemnity Insurance with a reputable company in England with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis unless the Customer agrees in writing to a lower figure and such insurance shall be maintain in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.4 Title in the Goods shall pass to the Customer upon delivery, unless payment for the Goods (less any retention money) is made prior to delivery, in which case it shall pass to the Customer once payment has been made and the Goods shall be considered to have been appropriated to the Contract and shall be marked "Property of the Customer ".

Insurance and Title. 7.1 The Supplier shall take out Employers Liability Insurance of not less than £5 million pounds (£5,000,000 ) in accordance with the Employers’ Liability (Compulsory Insurance) Act 1969 plus a Public Liability Insurance Policy (in the case of provision of the Services or carrying out of the Works) and a Product Liability Insurance Policy (in the case of supply of Goods) with a reputable company in England, both with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis and such insurance shall be maintained in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.2 The Supplier shall provide evidence of the policies of insurance required to be maintained under the Contract and evidence of premiums paid by way of a broker’s letter whenever reasonably requested to do so by the Customer. When trading with the Customer on a regular basis evidence of renewals shall be provided at least annually. 7.3 Where the Supplier is undertaking any design responsibility for the Works or any part of the Works it shall maintain Professional Indemnity Insurance with a reputable company in England with a limit of indemnity of not less than five million pounds (£5,000,000) on an each and every claim basis and such insurance shall be maintain in force throughout the duration of the Contract and for a continuous period of six years thereafter. 7.4 Title in the Goods shall pass to the Customer upon delivery, unless payment for the Goods (less any retention money) is made prior to delivery, in which case it shall pass to the Customer once payment has been made and the Goods shall be considered to have been appropriated to the Contract and shall be marked "Property of the Customer Version: 014 Xxxx Xxxxxxx Date: 08/2020 Page: 8 of 16 Customer".