Common use of Licensee’s Insurance Clause in Contracts

Licensee’s Insurance. (a) Licensee shall procure and keep in effect at all times during the Term, at Licensee's cost, insurance in the following amounts and coverages: (i) Commercial General Liability insurance (including, but not limited to, premises-operations; explosion, collapse and underground hazard; broad form property damage; products/completed operations; contractual liability; independent contractors; personal injury) with limits of at least two million dollars ($2,000,000) combined single limit for each occurrence. (ii) Worker's Compensation Insurance with Employer's Liability Limits not less than One Million Dollars ($1,000,000) each accident. (iii) Commercial Automobile Liability Insurance with limit not less than Two Million Dollars ($2,000,000) each occurrence combined single limit for bodily injury and property damage, including owned and non-owned and hired vehicles.