Third Party Fidelity or Crime Insurance Sample Clauses

Third Party Fidelity or Crime Insurance. (if applicable) – If the vendor is operating on University premises this coverage is required. NOTE: If the vendor is an individual or sole proprietor with no employees, this coverage cannot be obtained and will not be required. Coverage shall include employee dishonesty, including endorsement client’s property (ISO endorsement CR 04 01 or equivalent). If a crime insurance policy is not used, third party fidelity coverage shall be provided for in limits as stated below:
Sample 1
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Third Party Fidelity or Crime Insurance. This coverage is required when the contractor or employees of the contractor handle money on behalf of the County (an auction company, someone collecting fees for the County, etc.) If the Contractor is physically handling money at a County owned location, the Contractor’s crime insurance should provide a coverage extension for “Employee Theft of Client Property”. This can also be provided by a third party fidelity bond/policy. The limit shall be $1,000,000 Per Loss. The Contractor shall provide Certificates of Insurance to BHP demonstrating that the insurance requirements have been met prior to the commencement of Work under this Contract. The Commercial General Liability certificate shall indicate BHP as ADDITIONAL INSUREDS. The Additional Insured wording should be as follows: BHP, a Colorado housing authority, is named as Additional Insured.
Sample 1
Third Party Fidelity or Crime Insurance. This coverage is required when the contractor or employees of the contractor handle money on behalf of BRETSA (an auction company, someone collecting fees for the BRETSA etc.). If the Contractor is physically handling money at a BRETSA Agency owned location, the Contractor’s crime insurance should provide a coverage extension for “Employee Theft of Client Property.” This can also be provided by a third party fidelity bond/policy. The limit shall be $1,000,000 Per Loss. The policy shall include coverage for third-party fidelity, including cyber theft if not provided as part of Cyber Liability coverage and BRETSA and the agencies which operate the Public Safety Answering Points BRETSA supports as “Loss Payees.” Cross Liability. All required liability policies shall provide cross liability coverage as would be achieved under the standard ISO separation of insureds clause.
Sample 1

Related to Third Party Fidelity or Crime Insurance

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

  • Subcontractor Insurance In accord with Good Utility Practice, each Interconnected Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor. Bonding of contractors or subcontractors shall be at the hiring Interconnected Entity’s discretion, but regardless of bonding, the hiring principal shall be responsible for the performance or non- performance of any contractor or subcontractor it hires.

  • ADDITIONAL INSURED ENDORSEMENT AND PRIMARY AND NON-CONTRIBUTORY INSURANCE CLAUSE Supplier agrees to list Sourcewell and its Participating Entities, including their officers, agents, and employees, as an additional insured under the Supplier’s commercial general liability insurance policy with respect to liability arising out of activities, “operations,” or “work” performed by or on behalf of Supplier, and products and completed operations of Supplier. The policy provision(s) or endorsement(s) must further provide that coverage is primary and not excess over or contributory with any other valid, applicable, and collectible insurance or self-insurance in force for the additional insureds.

  • Professional Liability (Errors and Omissions) Insurance Limits shall not be less than the following:

  • Insurance, Subcontractor's Public Liability and Property Damage The Contractor shall require each of its subcontractors to secure and maintain during the life of the subcontract, insurance of the type specified in this Contract, or, the Contractor may insure the activities of its subcontractors in the Contractor’s policy, as specified in this Contract.

  • Subcontractor Insurance Coverage Contractor shall require and verify that all subcontractors maintain insurance coverage that meets the minimum scope and limits of insurance coverage specified in this Exhibit C. EXHIBIT D

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