Umbrella liability policy definition

Umbrella liability policy means an insurance contract providing at least $1,000,000 of liability coverage per person or per occurrence in excess of certain required underlying liability insurance coverage or a specified amount of self−insured reten- tion.
Umbrella liability policy means an insurance contract providing at least $1,000,000 of liability coverage per person or per occurrence in excess of certain required underlying liability

Examples of Umbrella liability policy in a sentence

  • Certificate of insurance and copies of endorsements to Contractor’s Excess or Umbrella liability policy and shall be provided as evidence of this excess liability or umbrella insurance with an annual an aggregate amount of not less than $5,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents and shall be excess and follow form over primary coverages included herein.

  • The following unit price(s) shall be used for unforeseen conditions and are not included in the lump sum bid amount.

  • Excess Umbrella liability policy with limits of $5,000,000 per occurrence and in the aggregate.

  • Excess Umbrella liability policy with limits of $10,000,000 per occurrence and in the aggregate.

  • Umbrella liability policy of not less than $1,000,000 each occurrence and $1,000,000 in the aggregate, for a total of $2,000,000 each occurrence and $4,000,000 in the aggregate.

  • An application has been received from Pat Adamson; should this individual be appointed to the Library Board one additional vacancy would remain.

  • Limits on General Liability and Comprehensive Auto Liability may be less if providing an Umbrella liability policy of not less than $5 million covering all claims under subparagraphs (ii) and (iii).You must require your insurance company to list the District as "Additional Insured".

  • The Umbrella liability policy shall be excess of Employers Liability, General Liability and Automobile Liability required , including coverages in paragraphs (A), (B) and (C) above, The City shall be included as an additional insured under such policy or policies to the full limits carried by Contractor, even if such limits exceed the requirements.

  • Umbrella liability policy to increase the limits of the insurance required under paragraph 3 and 4 above to not less than $5,000,000 per occurrence and in the aggregate per project.

  • Umbrella liability policy in follow form and to provide the same coverages as provided for comprehensive general liability, completed operations and product, automobile and employers liability with a minimum $2,000,000 (two million dollars) limit of liability.

Related to Umbrella liability policy

  • 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.

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