Insurance Coverage Requirements definition

Insurance Coverage Requirements. Without limiting each party’s duty to indemnify, each party shall maintain in effect throughout the term of this Agreement a policy or policies of insurance with the following minimum limits of liability:

Insurance Coverage Requirements. Without limiting Contractor's duty to indemnify, Contractor shall maintain in effect throughout the term of this Agreement a policy or policies of insurance with the following minimum limits of liability: Commercial General Liability Insurance, including but not limited to premises and operations, including coverage for Bodily Injury and Property Damage, Personal Injury, Contractual Liability, Broad form Property Damage, Independent Contractors, Products and Completed Operations, with a combined single limit for Bodily Injury and Property Damage of not less than $1,000,000 per occurrence. Business Automobile Liability insurance, covering all motor vehicles, including owned, leased, non-owned, and hired vehicles, used in providing services under this Agreement, with a combined single limit for Bodily Injury and Property Damage of not less than $500,000 per occurrence. Workers' Compensation Insurance, if Contractor employs others in the performance of this Agreement, in accordance with California Labor Code section 3700 and with Employer's Liability limits not less than statutory limits or $1,000,000 each person, $1,000,000 each accident and $1,000,000 each disease. Professional Liability Insurance, if required for the professional services being provided, (e.g., those persons authorized by a license to engage in a business or profession regulated by the California Business and Professions Code), in the amount of not less than $1,000,000 per claim and $2,000,000 in the aggregate, to cover liability for malpractice or errors or omissions made in the course of rendering professional services. If professional liability insurance is written on a "claims-made" basis rather than an occurrence basis, the Contractor shall, upon the expiration or earlier termination of this Agreement, obtain extended reporting coverage ("tail coverage") with the same liability limits. Any such tail coverage shall continue for at least three years following the expiration or earlier termination of this Agreement.

Insurance Coverage Requirements. Contractor shall maintain the following insurance policies in full force and effect during the term of this contract: Comprehensive General Liability Insurance- Contractor shall maintain comprehensive general liability insurance, covering all of Contractor's operations with a combined single limit of not less than the amount set out in paragraph 7 of this contract. Professional Liability Insurance- Contractor shall maintain professional liability insurance with liability limits of not less than the amount set out in paragraph 7 of this contract. Comprehensive Motor Vehicle Liability Insurance- Contractor shall maintain comprehensive motor vehicle insurance covering all motor vehicles (including owned, non-owned and hired) used in providing services under this contract, with a combined single limit of not less than the amount set out in Paragraph 7 of this contract.

Examples of Insurance Coverage Requirements in a sentence

• Any self-insurance, self-retained layer, deductibles, and exclusions in coverage in the insurance policies described above or in the applicable Additional Insurance Coverage Requirements, will be assumed by, for the account of, and at the sole risk of Supplier.

• One asks about an event that has happened and the other asks about an event that has not yet happened.

• Within in fourteen (14) days after acceptance of the Contractor's Tender, the Contractor shall, unless otherwise directed in writing by the Engineer, deposit with the Engineer an Insurer's Certificate of Insurance in the form displayed in the Tender and, if requested by the Engineer, the originals or certified true copies of all contracts of insurance maintained by the Contractor pursuant to the Insurance Coverage Requirements shown hereunder.

• Evidence of Provider’s professional liability insurance ($1,000,000/$2,000,000) and the ability of the Provider to meet the “Standard Risk Profile” of the Orange County Minimum Insurance Coverage Requirements.

• Prior to contract execution, Provider shall obtain, at its sole expense, Professional Liability Insurance, Commercial General Liability Insurance, Automobile Insurance, and Workers’ Compensation Insurance as described in the Orange County Risk Transfer Policy and Orange County Minimum Insurance Coverage Requirements (each document is incorporated herein by reference and available at: http://www.orangecountync.gov/departments/purchasing_division/contracts.php).

• Provider shall obtain, at its sole expense, Commercial General Liability Insurance, Automobile Insurance, Workers’ Compensation Insurance, and any additional insurance as may be required by County’s Risk Manager as described in the Orange County Risk Transfer Policy and Orange County Minimum Insurance Coverage Requirements (each document is incorporated herein by reference and available at http://www.orangecountync.gov/departments/purchasing_division/contracts.php).

• Without limiting CONTRACTOR’s and COUNTY’s mutual indemnification, and during the term of this Contract, CONTRACTOR shall provide and maintain, and shall require of all of its Subcontractors (except as noted in Part I, Section 6.0 Insurance Coverage Requirements, Sub-section 6.1) to maintain, the following programs of insurance specified in this Contract.

• The policy(ies) carry the following deductibles: Liability policies are (indicate): Occurrence [ ] Claims Made [ ] NAME OF INSURANCE AGENT SIGNATURE Date , 20 BIDDER'S STATEMENTI HEREBY CERTIFY the Insurance Coverage Requirements of these specifications and agree to comply in full if awarded this contract.

• By signing and submitting a Bid or Proposal under this solicitation, the Contractor certifies if awarded the Contract, the Contractor will have the insurance coverage identified and described below in the Insurance Coverage Requirements at the time of Contract award.

• By signing and submitting a Bid or Proposal under this solicitation, the Contractor certifies if awarded the Contract, the Contractor will have the insurance coverage identified and described below in the VRE Insurance Coverage Requirements at the time of Contract award.