Common use of Terms of Insurance Clause in Contracts

Terms of Insurance. Insurance required shall be with companies qualified to do business in the State of Colorado with a general policyholder's financial rating of not less than "A" as set forth in the most current edition of "Best's Insurance Reports" and may provide for deductible amounts as Consultant may deem to be reasonable for the Services. No such policies shall be cancelable except after thirty (30) days prior written notice to County. Consultant shall not do nor permit to be done anything that shall invalidate the insurance policies referred to in this section and Consultant shall immediately advise County in writing if a reduction in coverage or other modification of the insurance coverage occurs. The policy described in (a) above shall be for the mutual and joint benefit and protection of Consultant and County. Such policies shall contain a provision that County, although named as an additional insured, shall nevertheless be entitled to recovery under such policy for any loss occasioned to it, its servants, agents, citizens, and employees by reason of negligence of Consultant. Such policy shall be written as a primary policy not contributing to and not in excess of coverage which County may carry.

Terms of Insurance. Insurance required shall be with companies qualified to do business in the State of Colorado with a general policyholder's financial rating of not less than "A" as set forth in the most current edition of "Best's Insurance Reports" and may provide for deductible amounts as Consultant Contractor may deem to be reasonable for the Services. No such policies shall be cancelable except after thirty (30) days prior written notice to County. Consultant Contractor shall not do nor permit to be done anything that shall invalidate the insurance policies referred to in this section and Consultant Contractor shall immediately advise County in writing if a reduction in coverage or other modification of the insurance coverage occurs. The policy described in (a) above shall be for the mutual and joint benefit and protection of Consultant Contractor and County. Such policies shall contain a provision that County, although named as an additional insured, shall nevertheless be entitled to recovery under such policy for any loss occasioned to it, its servants, agents, citizens, and employees by reason of negligence of ConsultantContractor. Such policy shall be written as a primary policy not contributing to and not in excess of coverage which County may carry.

Terms of Insurance. Insurance required shall be with companies qualified to do business in the State of Colorado with a general policyholder's financial rating of not less than "A" as set forth in the most current edition of "Best's Insurance Reports" and may provide for deductible amounts as Consultant may deem to be reasonable for the Services. No such policies shall be cancelable except after thirty (30) days prior written notice to County. Consultant shall not do nor permit to be done anything that shall invalidate the insurance policies referred to in this section and Consultant shall immediately advise County in writing if a reduction in coverage or other modification of the insurance coverage occurs. The policy described in (a) above shall be for the mutual and joint benefit and protection of Consultant and County. Such policies shall contain a provision that County, although named as an additional insured, shall nevertheless be entitled to recovery under such policy for any loss occasioned to it, its servants, agents, citizens, and employees by reason of negligence of Consultant. Such policy shall be written as a primary policy not contributing to and not in excess of coverage which that County may carry.