Types of Insurance Coverage. Owner shall at all times during the Term procure and maintain insurances on the Vessel in accordance with the following provisions. In all cases, Owner and Charterer shall work toward establishing insurance values, amounts, coverages and deductibles which result in the most economical premiums as compatible and consistent with insurances to the standards which prudent shipowners operating first-class LNG vessels should observe in insuring LNG vessels of similar type, size, age and trade as the Vessel, which take into consideration operation of the Vessel as an LNGRV, which otherwise conform with the terms of this Charter, and which take into due consideration any Permitted Encumbrances.
Types of Insurance Coverage. The Superintendent offers the following insurance coverages, options for which may be selected by Unit Members through a cafeteria plan (as allowed by Internal Revenue Code Section 125), provided, however, that Unit Members hired before July 1, 1999 must at a minimum select employee medical, dental, and vision coverage from among the offered plans. Other insurance options or plans that may be purchased with the monthly allowance are
Types of Insurance Coverage. The Employer offers the following insurance coverage:
Types of Insurance Coverage. Uninsured Motorists - Covers damages done to you by a driver who does not have insurance. Covers you in case you are injured by a hit and run driver. Comprehensive – Protects your car against damage caused by theft, fire, earthquake, vandalism, flood etc. Collision – Pays for the cost of repairing your vehicle or replacing you car when you or another driver was at fault. Personal Injury Protection (PIP) – Cover medical expenses and loss of income for you and your passengers regardless of who was at fault or what type of collision it is. Covers any pedestrian or cyclist harmed by the insured’s vehicle. Liability Bodily Injury – Pays for injuries to other for which you are partially or entirely responsible. Covers your legal fees whether or not you were at fault.
Types of Insurance Coverage. Owner shall at all times during the Term procure and maintain insurances on the Vessel in accordance with the following provisions. The Vessel may be insured under the manager’s fleet policies, subject to Charter’s approval, provided always that the manager provides evidence to Charterer at the renewals of such policies that the insurance policies and cover are sufficient. In all instances, Owner shall work toward establishing, and Charterer shall approve (such approval not to be unreasonably withheld, conditioned or delayed), insurance values, amounts, coverages and deductibles which result in the most economical premiums as compatible and consistent with insurances to the standards which prudent shipowners operating first class LNG carriers/SRVs should observe in insuring LNG carriers of a similar type, size, age and trade as the Vessel, which take into consideration operation of the Vessel as an SRV, and which insurances otherwise conform with the terms of the Charter. Before Delivery under the Charter, Owner and Charterer shall agree on insurance cover having regard to the terms of this Schedule IV. A review of insurance requirements shall be undertaken by Charterer and Owner annually during the term of the Charter to assess the reasonableness of coverage levels, terms and conditions (including any limits on ports at which Vessel may call), deductibles and premiums. The objective of the review is to ensure that adequate and appropriate insurance protection and security is available at the most reasonable premiums and deductibles possible. Subsequent to each review, without prejudice to the provisions of paragraph 8 of this Schedule IV, the insurance program outlined in this Schedule IV shall be adjusted based on the mutual agreement of Charterer and Owner.
Types of Insurance Coverage. Contractor shall at all times during the Term procure, or shall procure that Owner shall procure, and maintain insurance on the Vessel in accordance with the following provisions and the requirements of the Governmental Authorities.
Types of Insurance Coverage. Owner shall at all times during the Charter Period procure and maintain insurance on the Vessel in accordance with the following provisions and the requirements of the Governmental Authorities.
Types of Insurance Coverage. MSC and Newco shall each maintain appropriate insurance, through insurance carriers or through self-insurance programs reasonably acceptable to the other Party, consistent with the insurance coverages described on Appendix D, attached hereto and incorporated herein.
Types of Insurance Coverage. SSM and Newco shall each maintain appropriate insurance, through insurance carriers or through self-insurance programs reasonably acceptable to the other Party, consistent with the insurance coverages described on Appendix D, attached hereto and incorporated herein.
Types of Insurance Coverage. Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, employees or subcontractors:
