Coverage 2 Sample Clauses

Coverage 2. All Risk Owner Packed Declared Value Coverage Full value liability coverage charged at agreed % of the declared value (minimum coverage value $1000.00) providingall risks ICC A Clause coverage. A claim can be presented against this coverage if the outside packages have visible damage caused by weather, water, fire or forced damage. However if the goods inside the box are found to be broken or damaged without anyexternal/visibledamage to theunit of packing,then our limited liabilitycoverage will operate asfollows.
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Related to Coverage 2

  • Coverage Term All insurance required herein shall be maintained in full force and effect until all work or services required to be performed under the terms of this Agreement are satisfactorily performed, completed and formally accepted by the City, unless specified otherwise in this Agreement.

  • 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:

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Life Insurance Coverage a) Fifteen thousand ($15,000) dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. b) Employees who have Board-provided term life insurance shall have a thirty- one (31) day conversion right upon termination of employment. Any employee electing the right to conversion in order to keep term life insurance in force, must contact the insurance carrier within thirty-one (31) days of the last day of employment. c) The life insurance policy shall pay to the employee’s beneficiary the aforementioned sum within the underwriting rules and regulations as set forth by the insurance carrier.

  • Coverage Limits By requiring insurance, the State of Washington and DSHS do not represent that the coverage and limits required in this Contract will be adequate to protect the Contractor. Such coverage and limits shall not limit the Contractor’s liability in excess of the required coverage and limits, and shall not limit the Contractor’s liability under the indemnities and reimbursements granted to the State and DSHS in this Contract.