Umbrella or Excess Insurance Policies. Umbrella or excess commercial liability policies may be used in combination with primary policies to satisfy the limit requirements above. Such umbrella or excess commercial liability policies shall apply without any gaps in the limits of coverage and be at least as broad as and follow the form of the underlying primary coverage required above.
Umbrella or Excess Insurance Policies. Umbrella or excess commercial liability policies may be used in combination with primary policies to satisfy the limit requirements above. Such Umbrella or excess commercial liability policies shall apply without any gaps in the limits of coverage and be at least as broad as and follow the form of the underlying primary coverage required above. Notice of Cancellation or Material Change: Contractor shall provide to the State and political subdivisions with jurisdiction, 30 days’ written notice of cancellation other than non-payment of premium, for material change to any of the policies required above. Material change shall be defined as any change to the insurance limits, terms or conditions that would limit or alter the State’s available recovery under any of the policies required above. A lapse in any required insurance coverage during this Agreement shall be a breach of this Agreement.
Umbrella or Excess Insurance Policies. In the event Broker or Broker’s Carrier utilizes Umbrella or excess policies, these policies shall “follow form” and afford no less coverage than the primary policy.
