Umbrella/Excess Liability Sample Clauses
The Umbrella/Excess Liability clause requires a party to maintain additional layers of liability insurance coverage beyond the limits of their primary policies. This coverage typically applies after the underlying insurance limits are exhausted, providing extra protection against large claims that exceed standard policy amounts. By mandating this clause, contracts ensure that sufficient financial resources are available to cover significant losses, thereby reducing the risk of inadequate compensation in the event of major incidents.
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Umbrella/Excess Liability. Coverage shall follow form of the General Liability, Employer’s Liability, and Automobile Liability.
Umbrella/Excess Liability. The A/E may employ an umbrella/excess liability policy to achieve the above-required minimum coverage.
Umbrella/Excess Liability. Limit - $3,000,000
Umbrella/Excess Liability. The minimum limits of general liability and automobile liability insurance required, as set forth above, shall be provided for either in a single policy of primary insurance or a combination of policies of primary and umbrella excess coverage. Excess liability coverage shall be issued with limits of liability which, when combined with the primary insurance, will equal the minimum limits for general liability and automobile liability.
Umbrella/Excess Liability. The Consultant may employ an umbrella/excess liability policy to achieve the above-required minimum coverage.
Umbrella/Excess Liability. Bodily Injury/Property Damage $4,000,000 per occurrence/$4,000,000 Aggregate The Umbrella Liability Insurance shall provide excess employer’s liability, commercial general liability, and auto liability coverage.
Umbrella/Excess Liability. In addition to the Commercial General Liability, Automobile Liability and Employer’s Liability Insurance policies required hereby, DB Contractor shall maintain at least $25,000,000 of umbrella/excess liability on a following form basis in excess of each of the noted policies.
Umbrella/Excess Liability. The Contractor shall provide umbrella/excess coverage with limits of no less than $2,000,000 excess of Commercial General Liability, Automobile Liability and Employer’s Liability.
Umbrella/Excess Liability. Umbrella / Excess Liability insurance coverage of not less than US $5,000,000 over the employer’s liability, automobile liability, and commercial general liability coverages listed above. Teachers College Columbia University, their affiliates, trustees, officers, agents and employees, volunteers, and representatives must be named as an additional insured. Such insurance shall be primary over other collectible insurance that may apply. The required limits of insurance can be satisfied by any combination of primary and umbrella/excess insurance coverage. If Consultant is delivering a work product:
Umbrella/Excess Liability. An umbrella policy may be used in combination with other policies to provide the required coverage.