Umbrella Insurance Clause Samples
The Umbrella Insurance clause requires one or both parties to maintain an additional layer of liability insurance coverage beyond standard policy limits. This type of insurance typically provides extra protection against large claims or lawsuits that exceed the coverage of primary insurance policies, such as general liability or auto insurance. By mandating umbrella insurance, the clause ensures that parties are financially protected from significant losses, thereby reducing the risk of insufficient coverage in the event of major incidents.
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Umbrella Insurance. The Contractor shall maintain an umbrella policy providing excess limits over the primary policies described herein, in an amount not less than 3 million dollars ($3,000,000.00).
Umbrella Insurance. LICENSEE shall maintain an umbrella insurance policy providing coverage in excess of its primary commercial general liability, automobile liability and employer’s liability policies in an amount not less than Five Million Dollars ($5,000,000) per occurrence and Five Million Dollars ($5,000,000) general aggregate. The general aggregate limit shall apply on a per location or per project basis. LICENSOR, its subsidiaries, affiliates, and their respective officers, directors and employees shall be included as additional insureds.
Umbrella Insurance. CONSULTANT shall obtain and maintain at all times during the prosecution of the work under this Contract umbrella insurance. Limits of liability shall be $2,000,000.00.
Umbrella Insurance. During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000
Umbrella Insurance. Franchisee shall have the right to meet the liability insurance requirements with the purchase of an umbrella insurance policy. In all instances, the combination of primary and umbrella liability coverage must equal or exceed the minimum liability insurance limits stated in this Agreement.
Umbrella Insurance. Excess or Umbrella liability insurance coverage limits of not less than $5,000,000 over and above the underlying primary coverage limits stated above with respect to bodily injury or death to any number of persons in any one accident or occurrence. The policy shall include the Authority Parties as additional insureds on a primary, non-contributory basis.
Umbrella Insurance. Limits of not less than Three Million Dollars ($3,000,000.00) per occurrence.
Umbrella Insurance. The limits of insurance may be satisfied by any combination of primary and umbrella/excess insurance.
Umbrella Insurance. CONSULTANT shall carry and maintain Umbrella Insurance with limits equal to or greater than the minimum coverage for such insurance shown in this appendix, providing excess limits over Employer’s Liability, Automobile Liability, Commercial General Liability, and Unmanned Aerial Vehicle (UAV) Insurance (if applicable).
Umbrella Insurance. Tenant to provide Umbrella Liability Insurance coverage of not less than $5,000,000.00.