Public Risk Insurance definition
Examples of Public Risk Insurance in a sentence
ITEM 7 Public Risk Insurance $20,000,000.00 ITEM 8 Bank Guarantee Five thousand dollars ($5,000.00) ITEM 9 Guarantor(s) [# insert name] ITEM 10 Special Conditions 1.
Public Liability The hirer shall at its own cost, effect and at all times during the terms of this agreement and any extension thereof keep in full force a policy of Public Risk Insurance (with an authorised Underwriter) with respect to the venue hire and the activities carried out at the Maitland City Council Art Gallery for a minimum amount of $ 20,000,000.
Details of current Public Risk Insurance provided will be respected as private and confidential information.
A Public Risk Insurance Policy in the name of the Licensee for an amount of not less than TEN MILLION DOLLARS ($10,000,000) in respect of any one claim or such greater sum as the Licensor may reasonable require.
The amount of that cover must be no less than the Minimum Public Risk Insurance Cover in the Reference Schedule increased from time to time so as to maintain the real value of the insurance cover to the reasonable satisfaction of the Council.
Move to approve/disapprove the one-year agreement with the Public Risk Insurance Agency and the City’s insurance coverage for FY2021-2022.