Common use of Required Insurances Clause in Contracts

Required Insurances. The Contractor must hold and keep current, at the Contractor’s own cost, with a level of coverage specified by the Company, the following insurances: workers’ compensation insurance; professional indemnity insurance in respect of the Contractor, the Representative(s) and any other employees, subcontractors and agents of the Contractor who are connected with the provision of the Services under this Agreement, with cover up to the amount specified in Schedule J; public liability insurance in respect of the Contractor, the Representative(s) and any other employees, subcontractors and agents of the Contractor who are connected with the provision of the Services under this Agreement, with cover up to the amount specified in Schedule K; and any other insurances required by law or regarded as sound commercial practice. Evidence of insurances The Contractor must, on request, provide satisfactory evidence to the Company of the existence and currency of the insurance policies referred to in this clause. Such evidence includes, but is not limited to, a certificate of currency. If the Contractor fails to provide such evidence, the Company may withhold payment of the Contract Fee until the evidence is provided. Indemnity The Contractor and the Representative(s) jointly and severally indemnify the Company and keep the Company indemnified against any loss, cost, expense or damage suffered or incurred by the Company arising directly or indirectly from or related to the provision of the Services, including (but not limited to): any breach or non-observance by the Contractor or the Representative(s) of any provision of this Agreement or warranty given under this Agreement; any breach of any law or statute by the Contractor or the Representative(s); and any right or claim by any third party.

Appears in 8 contracts

Samples: Contractor Agreement, Contractor Agreement, Contractor Agreement

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