Insurance & Other Security Sample Clauses

Insurance & Other Security. Vendor represents and warrants that it will, upon five (5) days of request, provide TSLAC with current written certificates of insurance or other proof acceptable to TSLAC of the following insurance coverage: a) Standard Workers Compensation Insurance as required by the Texas Workers’ Compensation Act and Employers’ Liability covering all personnel who will provide services under the Purchase Order with the following limits: • $500,000 policy • Each Accident limit: $100,000 bodily injury; • $100,000 bodily injury by disease; • Containing a waiver of subrogation as to the Texas State Library & Archives Commission; b) Commercial General Liability Insurance, including Independent Contractor’s Liability and blanket Contractual Liability Covering, but not limited to, the liability assumed under the indemnification provisions of this Purchase Order; the CGL policy shall be written on an occurrence basis and include endorsement CG2503 Amendment of Aggregate Limits of Insurance (per project) or its equivalent. Occurrence based: c) Professional Liability Insurance: $500,000 minimum each occurrence limit; $1,000,000 minimum aggregate limit d) Comprehensive Automobile Liability Insurance; covering owned, hired, and non-owned vehicles, as well as loading and unloading hazards with a minimum combined single limit for bodily injury (including death) and property damage: Each occurrence limit: $500,000 e) Employers Liability: Each Accident - $1,000,000 f) Disease – Each Employee: $1,000,000 g) Disease – Policy Limit: $1,000,000 Vendor represents and warrants that all of the above coverage is with companies licensed in the state of Texas, with 'A' rating from Best, and authorized to provide the corresponding coverage. Vendor also represents and warrants that all policies contain endorsements prohibiting cancellation, material change, or non-renewal except upon at least thirty (30) days prior written notice to TSLAC. Vendor further represents and warrants that all policies, except for Workers’ Compensation and Employer’s Liability Insurance, shall be endorsed to name the Texas State Library and Archives Commission as an additional insured and Loss Payee and shall be considered primary for all claims. Vendor represents and warrants that it shall maintain the above insurance coverage during the term of the Purchase Order and shall provide TSLAC with an executed copy of the policies immediately upon request and at no expense. [Updated 08/10/2016]