Umbrella/Excess Liability Insurance definition

Umbrella/Excess Liability Insurance. Umbrella or "following form excess" liability insurance in excess of the liability limits specified above in the amount of $1,000,000 per occurrence, and $1,000,000 annual aggregate.
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Umbrella/Excess Liability Insurance. Umbrella Excess Liability Insurance of not less than U.S.$100,000,000 per occurrence and in the aggregate. Such coverages shall be over and above coverage provided by the policies described in paragraphs (B), (C) and (D) above whose limits shall apply toward the U.S.$100,000,000 limits set forth in this section. The umbrella and/or excess policies shall not contain endorsements which restrict coverages as set forth in paragraphs (B), (C) and (D) above, and which are provided in the underlying policies. If the policy or policies provided under this paragraph (E) contain(s) aggregate limits applying to other operations of Borrower other than the Project, and such limits are diminished below U.S.$50,000,000 by any incident, occurrence, claim, settlement or judgment against such insurance which has caused the carrier to establish a reserve, the Borrower shall take immediate steps to restore such aggregate limits or shall provide other equivalent insurance protection for such aggregate limits.
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Umbrella/Excess Liability Insurance. Landlord shall also carry umbrella/excess liability insurance in the amount of $5,000,000. If there is no per project aggregate under the Commercial General Liability policy, the limit shall be $5,000,000.
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Examples of Umbrella/Excess Liability Insurance in a sentence

  • Umbrella/Excess Liability Insurance shall be provided to apply in excess of the Commercial General Liability, Employers Liability and the Motor Vehicle coverage enumerated above, for each occurrence and for aggregate in the amount of $1,000,000.

  • User may carry Umbrella/Excess Liability Insurance that contains a follow form provision to meet coverage requirements.

  • The Canaveral Port Authority (CPA) reserves the right to request Umbrella/Excess Liability Insurance based on the scope and complexity of a user’s operation.

  • Provider shall carry Umbrella/Excess Liability Insurance to provide additional limits for underlying Workers’ Compensation and Employers’ Liability Insurance, Commercial General Liability Insurance, Sexual Abuse & Molestation (if applicable), and Professional Liability/Technology Errors and Omissions (if available), with limits of not less than Two Million Dollars ($2,000,000.00) per occurrence and shall cover the Board and its employees, subject to that of the primary coverage.

  • Umbrella Liability Insurance is required: Commercial Umbrella/Excess Liability Insurance for bodily injury and property damage liability must sit over Contractor’s primary Employer’s Liability, Commercial General Liability and Commercial Automobile Liability with limits of: One Million Dollars ($1,000,000) each occurrence and aggregate.

  • Umbrella/Excess Liability Insurance, written on an “occurrence,” not a “claims-made” basis, providing coverage excess of the underlying Employer’s Liability, Commercial General Liability, and Commercial Automobile Liability insurance, on terms at least as broad as the underlying coverage, with limits of not less than $10,000,000 per occurrence and in the annual aggregate.

  • Umbrella/Excess Liability Insurance with limits of not less than $2,000,000 per occurrence and aggregate with a deductible of no more than $10,000, and will be excess over and be no less broad than and “following form” of all included coverage described above.

  • Commercial Umbrella/Excess Liability Insurance with limits of $5,000,000.00 per occurrence and a $5,000,000.00 aggregate.

  • Umbrella/Excess Liability Insurance policy(ies) may be used in combination with primary policies to satisfy limit requirements.

  • Umbrella/Excess Liability Insurance, written on an “occurrence,” not a “claims-made” basis, providing coverage excess of the underlying Employer’s Liability, Commercial General Liability, Pollution Liability Insurance, and Commercial Automobile Liability insurance, on terms at least as broad as the underlying coverage, with limits of not less than Fifteen Million dollars ($15,000,000) per occurrence and in the annual aggregate.


More Definitions of Umbrella/Excess Liability Insurance

Umbrella/Excess Liability Insurance. The Contractor shall also carry umbrella/excess liability insurance in the amount of $5,000,000. The Declarant, all Unit Owners, the Unit Owners Association, and the Manager shall be named as named or additional insureds on all above-referenced policies as their interests may appear. If such insurance is canceled or expires then the constructing Unit Owner shall immediately stop all work on or use of the Unit until either the required insurance is reinstated or replacement insurance obtained.
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Related to Umbrella/Excess Liability Insurance

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Property Insurance is defined in Section 6.10(a).

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • First party insurance means an insurance policy or contract in which the insurer

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Casualty insurance means liability insurance.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Credit property insurance means insurance:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Blanket insurance policy means a group policy covering a defined class of

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Deductible has the meaning set forth in Section 11.1(e).