Common use of Umbrella or Excess Liability Insurance Clause in Contracts

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) A drop-down feature requiring the policy to respond if any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (b) Pay on behalf of wording as opposed to reimbursement; (c) Concurrency of effective dates with primary policies; and (d) Policies shall “follow form” to the underlying primary policies. (e) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability, automotive liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) : A drop-down feature requiring the policy to respond if in the event that any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (ba) Pay on behalf of wording as opposed to reimbursement;; and (cb) Concurrency of effective dates with primary policies; and (dc) Policies shall “follow form” to the underlying primary policies.; and (ed) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability, automobile liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (aA) A drop-down feature requiring the policy to respond if in the event that any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (bB) Pay on behalf of wording as opposed to reimbursement; (cC) Concurrency of effective dates with primary policies; and; (dD) Policies shall “follow form” to the underlying primary policies.; and (eE) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) A drop-drop down feature requiring the policy to respond if any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (b) Pay on behalf of wording as opposed to reimbursement; (c) Concurrency of effective dates with primary policies; and (d) Policies shall “follow form” to the underlying primary policies. (e) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability, automotive liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) : A drop-drop down feature requiring the policy to respond if in the event that any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (ba) Pay on behalf of wording as opposed to reimbursement;; and (cb) Concurrency of effective dates with primary policies; and (dc) Policies shall “follow form” to the underlying primary policies.; and (ed) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) A drop-drop down feature requiring the policy to respond if any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason;; reimbursement; primary policies; and underlying primary policies. (b) Pay on behalf of wording as opposed to reimbursement;to (c) Concurrency of effective dates with primary policies; andwith (d) Policies shall “follow form” to the underlying primary policies.the (e) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) A drop-drop down feature requiring the policy to respond if any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (b) Pay on behalf of wording as opposed to reimbursement; (c) Concurrency of effective dates with primary policies; andand primary policies. (d) Policies shall “follow form” to the underlying primary policies.underlying (e) Insureds under primary policies shall also be insureds under the umbrella or excess policies.

Umbrella or Excess Liability Insurance. Contractor may opt to utilize umbrella or excess liability insurance in meeting insurance requirements. In such circumstances, Contractor may obtain and maintain an umbrella or excess liability insurance policy with limits that will provide bodily injury, personal injury, injury and property damage liability coverage at least as broad as the primary coverages set forth above, including commercial general liability, automotive liability and employer’s liability. Such policy or policies shall include the following terms and conditions: (a) : A drop-down feature requiring the policy to respond if in the event that any primary insurance that would otherwise have applied proves to be uncollectible in whole or in part for any reason; (ba) Pay on behalf of wording as opposed to reimbursement;; and (cb) Concurrency of effective dates with primary policies; and (dc) Policies shall “follow form” to the underlying primary policies.; and (ed) Insureds under primary policies shall also be insureds under the umbrella or excess policies.