Limits of Insurance definition

Limits of Insurance. Contractor shall maintain limits no less than: 1. Commercial General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. The general aggregate shall be twice the required occurrence limit. Minimum General Aggregate shall be no less than $2,000,000 or a project/contract specific aggregate of $1,000,000. 2. Business Automobile Liability: $1,000,000 combined single limit per accident for bodily injury and property damage.
Limits of Insurance means the amount stated as Limits of Insurance in the policy schedule.
Limits of Insurance. Subcontractors shall maintain limits no less than:

Examples of Limits of Insurance in a sentence

  • In that case, the additional period will be deemed part of the last preceding period for purposes of determining the Limits of Insurance.

  • The policy shall include endorsement CG2503 Amendment of Aggregate Limits of Insurance (per Project) or its equivalent.

  • The Limits of Insurance of this Coverage Part apply separately to each consecutive annual period and to any remaining period of less than 12 months, starting with the beginning of the policy period shown in the Declarations, unless the policy period is extended after issuance for an additional period of less than 12 months.

  • UMBRELLA or Excess Liability policies are acceptable where the need for higher liability limits is noted in the Minimum Limits of Insurance and shall provide liability coverages that at least follow form over the underlying insurance requirements where necessary for Commercial General Liability, Commercial Automobile Liability, Employers’ Liability, and any other liability coverage (other than Professional Liability) designated under the Minimum Scope of Insurance.

  • Changes in Coverages and Required Limits of Insurance The coverages and minimum limits of insurance required by the contract are based on circumstances in effect at the inception of the contract.


More Definitions of Limits of Insurance

Limits of Insurance. The City shall maintain limits no less than: 1) General Liability: $1,000,000 per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or Other form with a general aggregate limit is used, the general aggregate limits shall be twice the required occurrence limit of $2,000,000. Products/ Completed Operations aggregate shall apply separately to this contract/agreement or the aggregate limit shall be twice the required per occurrence limit.
Limits of Insurance means the maximum amount of insurance that applies as defined in Part IV of this coverage form.
Limits of Insurance means the "limit(s) of insurance" listed for any particular Insuring Agreement(s) as shown on the "declarations" applicable to this form.
Limits of Insurance. OCG shall provide evidence of a) Commercial General Liability (CGL) insurance or OCG's Liability Insurance (TULIP or Special Events) of an amount of not less than $1 million per occurrence. If the use of facilities includes physical activities, such as sports camps, clinics or pool, the CGL limit shall be $2 million per occurrence with no athletics activities exclusion. b) Owned, Non-owned and Hired Auto Liability insurance of an amount of not less than $1 million per occurrence.
Limits of Insurance. County must maintain limits no less than: a. General Liability (Including umbrella/excess liability): $10,000,000 limit per occurrence for bodily injury, personal injury, and property damage. This requirement may be satisfied by a combination of General Liability with Excess or Umbrella, but in no event may the General Liability primary policy limit per occurrence be less than $2,000,000. Excess policies must feature inception and expiration dates concurrent with the underlying general liability policy. b. Automobile Liability (including umbrella/excess liability): $10,000,000 limit per accident for bodily injury and property damage. This requirement may be satisfied by a combination of Auto Liability with Excess or Umbrella, but in no event may the Automobile Liability primary policy limit per occurrence be less than
Limits of Insurance. CONSULTANT shall maintain limits no less than: (1) General Liability (including operations, products and completed operations): $1,000,000 per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit.
Limits of Insurance. The Limits of Insurance shown in the Declarations of this Policy are the most the Insurer will pay for Loss regardless of the number of Insured Event(s). All Loss resulting from and arising from the same, continuous, related or repeated conditions or incidents shall be treated as arising out of one Insured Event. In no event will any Loss claimed and paid under one Insured Event be recoverable under another Insured Event. Consultant Costs are not subject to a limit.