Common use of ACCIDENTS/INSURANCE Clause in Contracts

ACCIDENTS/INSURANCE. The contractor will be responsible to bear payments of compensation (under Workmen's Compensation Act or if any, other such similar Laws for the time being in force & amended from time to time by Govt.), in the event of loss of life of any person(s) or any injury or of any physical hazard of any nature, whatsoever and howsoever described, to his workers or to the third party or to any residents or their dependents, friends, relatives by any or all acts of commissions or omissions of the contractor himself or of any persons working under him or claiming through him to be his agent during the governing of this agreement. The contractor takes out adequate insurance cover at his cost.

ACCIDENTS/INSURANCE. The contractor Contractor will be responsible to bear payments of compensation (under Workmen's Employees' Compensation Act Act, 1923 or if any, other such similar Laws for the time being in force & amended from time to time by Govt.), in the event of loss of life of any person(s) or any injury or of any physical hazard of any nature, whatsoever and howsoever described, to his workers or to the third party or to any residents or their dependents, friends, relatives by any or all acts of commissions or omissions of the contractor Contractor himself or of any persons working under him or claiming through him to be his agent during the governing of this agreement. The contractor takes out Contractor should take adequate insurance cover for all risks at his cost.