Standard Insurance Sample Clauses

Standard Insurance. Policy No. 600156, Life, AD & D, Survivor Life, and Long Term Disability.
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Standard Insurance. Requirements Insurance Requirements 1. Unknown Supplier shall maintain insurance policies at all times with minimum limits as follows: Coverage Minimum Limits Workers Compensation Statutory Limits Employers’ Liability $500,000 per occurrence General Liability $1,000,000 per occurrence/$2,000,000 aggregate Professional Liability (if applicable) $1,000,000 per occurrence/$$2,000,000 aggregate Automobile Liability $1,000,000 Property Damage $1,000,000 per occurrence/$2,000,000 aggregate 2. Unknown Supplier shall secure its general liability insurance from an "A" rated insurance company acceptable to the City and the City shall be named as an additional insured on the Contractor’s general liability insurance policy, which shall be primary and not contributory to any other insurance that may be available to the City. 3. Unknown Supplier shall provide the City with a Certificate of Liability Insurance and an Additional Insured Endorsement naming the City of Greensboro as an additional insured on its General Liability Policy for review prior to the issuance of any Contract or Purchase Order. This should be an XXXXX form 25 (2010/05) or similar (example attached). 4. Unknown Supplier or its agent shall provide the City with thirty (30) days written notice of cancellation, reduction, or other modification of coverage of insurance, and in the event {Unknown Supplier} fails to maintain and keep in force for the duration of this Contract the insurance required herein, the City may cancel and terminate this contract without notice, and the Contractor will be responsible for all losses incurred by the City for which insurance would have provided coverage. 5. Original insurance policies may be required by the City at any time. Current, valid insurance policies meeting the above requirements shall be maintained for the duration of the project. Renewed policies shall be sent (30) thirty days prior to any expiration date. 6. All insurance documentation required under this contract shall be forwarded to: City of Greensboro c/o Field Operations Department XX Xxx 0000 Xxxxxxxxxx, XX 00000-0000 Reference Contract # 7. Unknown Supplier shall not assign any part of this contract to other contractors or subcontractors without written pre-approval of the City; in which case it shall be the responsibility of Unknown Supplier to insure that all subcontractors comply with the same insurance requirements that Unknown Supplier is required to meet.
Standard Insurance. After thirty (30) days of an off duty disability, L.E.O.F.F. II employees may use up to 100% of accrued sick leave and return to the employer any funds received from Standard Disability Insurance Program, for the purpose of buying back up to 60% of their sick leave benefit, not to exceed ten (10) months from time of injury.

Related to Standard Insurance

  • Hazard Insurance All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fxxxxx Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fxxxxx Mxx Guides or by the Fxxxxxx Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer. If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full. No originator, seller, prior owner of the Mortgage Loan, borrower or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

  • FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.

  • Maintenance of Insurance; Policy Provisions The Contractor, at no additional direct cost to NYSERDA, shall maintain or cause to be maintained throughout the term of this Agreement, insurance of the types and in the amounts specified in the Section hereof entitled Types of Insurance. All such insurance shall be evidenced by insurance policies, each of which shall:

  • MAINTENANCE OF INSURANCE COVERAGE Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Required Evidence of Insurance i. Copy of the additional insured endorsement or policy language granting additional insured status; and

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Required Insurance Coverages The Contractor also agrees to purchase insurance and have the authorized agent state on the insurance certificate that the Contractor has purchased the following types of insurance coverages, consistent with the policies and requirements of O.C.G.A. §50-21-37. The minimum required coverages and liability limits are as follows:

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

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