Obligatory insurance Clause Samples

Obligatory insurance. Employers are obliged to insure the wage-earners covered by this Agreement against death and permanent or temporary disability resulting from an accident at work or on a normal route from their homes to the workplace and from the workplace to their homes. See also Article

Obligatory insurance. 26.1 The Exhibitor must be the holder of profes- sional liability insurance covering its activities and the pecuniary consequences of all damage caused by the act of any of its employees and/ or any of its subcontractors and/or persons/ providers authorised by it and/or caused by its goods, furnishings or equipment. The Exhibitor agrees to maintain this coverage and insurance throughout the entire duration of this Contract and to provide proof upon GL events Exhibitions’ request. 26.2 The Exhibitor must obligatorily take out a property damage insurance policy for the amount of €5,000 (five thousand euros) to be implemented by GL events Exhibitions as shown on the participation request form. Supplementary coverage above this cover can be requested from GL events Exhibitions. In the event of damages to its property, the Exhibitor and its insurers waive all claims against GL events Exhibitions and its insurers. The clauses, coverages, deductibles and exclusions (in particular for theft) are set out in the details of the information notice provided to the Exhibitor on first request. The insurance terms may be changed based on the requirements of the insurers. Any changes will be accepted by the Exhibitor, who agrees thereby not to assert that they are such as to permit the Contract to be called into question. The period of the relevant coverage of said obligatory insurance covers the duration of the operation of the Event, until closure to the public. Outside this period, GL events Exhibitions disclaims all liability in the event of theft and/ or damage.] Whatever the case may be, GL events Exhibitions shall not be held liable for any claims whatsoever, including theft, loss, destruction, etc. related to personal belongings and items of the Exhibitor, in particular laptops, tablets, phones and more generally all electronic devices, cash and valuables as well as items of art and collectibles, jewellery and furs, precious stones, pearls, watches.

Obligatory insurance. All employers are under obligation to purchase an insurance from an insurance company holding an operating permit in Iceland that meets the above conditions of collective agreements as regards accident insurance. In respects other than provided for in this section of the Agreement, the terms of the insurance company in question and the applicable provisions as are contained in the Act on Insurance Contracts No. 30/2004 shall apply.