Common use of Operational Insurance Coverage and Minimum Limits Clause in Contracts

Operational Insurance Coverage and Minimum Limits. The following insurance coverage and minimum limits are required during the Contract period. 1. Airport Liability (including vehicles/mobile equipment) a. Shall be written on an “occurrence” basis with a limit of not less than Two Hundred Million Dollars ($200,000,000) per occurrence with sublimits and aggregates where applicable. Coverage written on a “claims-made” basis is not acceptable. b. Coverage shall include, with sublimits and aggregates where applicable, but not be limited to, Bodily Injury and Property Damage to Third Parties, Contractual Liability, Products-Completed Operations, Personal Injury and Advertising Injury Liability, Premises-Operations, Independent Contractors and Subcontractors, Mobile Equipment, Liquor Liability, and Damage to Rented Premises. c. Coverage shall include the Assigned Premises and all on-airport vehicles and mobile equipment, and all activities of the Contractor on the Assigned Premises and the Airport Premises and all indemnifications made in the Contract.