Common use of Insurance and Waiver of Subrogation Clause in Contracts

Insurance and Waiver of Subrogation. 8.1 Subcontractor agrees to obtain and maintain during the term of this Subcontract Agreement, and for a period of thirty-six (36) months after completion of the Work, commercial general liability insurance, including coverage for ongoing operations and products-completed operations hazard. Contractor shall be named as an Additional Insured under the commercial general liability policy for both ongoing operations and products-completed operations hazard. Further, Subcontractor agrees to obtain and maintain automobile liability insurance for all owned, hired and non-owned vehicles, employers liability insurance, and workers compensation coverage in such amounts of coverage and limits as required by statutory law during the term of this Subcontract agreement. All insurance policies must be underwritten by admitted insurers with an A.M. Best rating of A- or better. If a non-admitted insurer or self insurance fund underwrites any Subcontractor’s coverage, such insurers or funds must be approved by Contractor and the Agreement shall then be amended.

Insurance and Waiver of Subrogation. 8.1 Subcontractor agrees to obtain and maintain during the term of this Subcontract Agreement, and for a period of thirty-six (36) months after completion of the Work, commercial general liability insurance, including coverage for ongoing operations and products-completed operations hazard. Contractor shall be named as an Additional Insured under the commercial general liability policy for both ongoing operations and products-completed operations hazard. Further, Subcontractor agrees to obtain and maintain automobile liability insurance for all owned, hired and non-owned vehicles, employers liability insurance, and workers compensation coverage in such amounts of coverage and limits as required by statutory law during the term of this Subcontract agreementAgreement. All insurance policies must be underwritten by admitted insurers with an A.M. Best rating of A- or better. If a non-admitted insurer or self insurance fund underwrites any Subcontractor’s coverage, such insurers or funds must be approved by Contractor and the Agreement shall then be amended.

Insurance and Waiver of Subrogation. 8.1 Subcontractor agrees to obtain and maintain during the term of this Subcontract Agreement, and for a period of thirty-six (36) months after completion of the Work, commercial general liability insurance, including coverage for ongoing operations and products-completed operations hazard. Contractor shall be named as an Additional Insured under the commercial general liability policy for both ongoing operations and products-completed operations hazard. Further, Subcontractor agrees to obtain and maintain automobile liability insurance for all owned, hired and non-owned vehicles, employers liability insurance, and workers compensation coverage in such amounts of coverage and limits as required by statutory law during the term of this Subcontract agreementin paragraph 8.2 below. All insurance policies must be underwritten by admitted insurers with an A.M. A. M. Best rating of A- or better. If a non-admitted insurer or self insurance fund underwrites any Subcontractor’s coverage, such insurers or funds must be approved by Contractor and the Agreement shall then be amended.