Common use of Watercraft Liability Insurance Clause in Contracts

Watercraft Liability Insurance. For those Covered Parties using WATERCRAFT, the following additional requirements apply: The Covered Party shall procure and maintain during the term of this Contract, at their own expense, watercraft liability coverage with either Marine Liability, Protection & Indemnity Coverage, or the Boats Endorsement 24 12 11 85, or comparable endorsement, on the General Liability Coverage: Limit of Insurance: $1,000,000 Per Occurrence/Annual Aggregate Policy shall be endorsed with a Waiver of Subrogation Endorsement.

Appears in 12 contracts

Samples: Order Agreement, Order Agreement, Task Order Agreement

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