Common use of Insurance for Liability and Indemnity Clause in Contracts

Insurance for Liability and Indemnity. This clause is deleted in its entirety and replaced with the following clause; 7.1.1 The Consultant shall provide the following insurances; (i) Professional Liability Insurance. (ii) Public / Third Party Insurance to the value of: One Million Dollars ($1,000,000) The Public / Third Party insurance policy shall include a cross liability clause such that the insurance shall apply to the Consultant and to the Client as separate insured. 7.1.2 The Consultant shall provide evidence to the Client prior to the commencement of the Services that the insurances required under the Agreement have been affected and shall provide copies of the broker's certificates to the Client within 28 days of the Commencement Date. 7.1.3 The Consultant shall ensure that coverage provided by all insurances required under the Agreement will not be changed or amended in any way nor cancelled by the Consultant until sixty (60) days after written notice of such change or cancellations has been personally delivered to the Client.

Insurance for Liability and Indemnity. This clause is deleted in its entirety and replaced with the following clause; 7.1.1 The Consultant shall provide the following insurances; (i) Professional Liability Insurance. (ii) Public / Third Party Insurance to the value of: One Million Dollars ($1,000,000) The Public / Third Party insurance policy shall include a cross liability clause such that the insurance shall apply to the Consultant and to the Client as separate insured. 7.1.2 The Consultant shall provide evidence to the Client prior to the commencement of the Services that the insurances required under the Agreement have been affected and shall provide copies of the broker's certificates to the Client within 28 days of the Commencement Date. 7.1.3 The Consultant shall ensure that coverage provided by all insurances required under the Agreement will not be changed or amended in any way nor cancelled by the Consultant until sixty (60) days after written notice of such change or cancellations has been personally delivered to the Client.