Common use of Coverage Amounts Clause in Contracts

Coverage Amounts. Minimum coverage amounts for policies of insurance obtained by the CM for each Assigned Project shall be as follows: Policy of Insurance Minimum Coverage Amount Workers’ Compensation In accordance with applicable law Employer’s Liability One Million Dollars ($1,000,000) Commercial General Liability (including coverage for automobile liability and property casualty) Two Million Dollars ($2,000,000) per occurrence and Four Million Dollars ($4,000,000) in the aggregate Professional Liability Two Million Dollars ($2,000,000) per claim and Four Million Dollars ($4,000,000) in the aggregate

Coverage Amounts. Minimum coverage amounts for policies of insurance obtained by the CM for each Assigned Project shall be as follows: Insurance Policy of Insurance Minimum Coverage Amount Workers’ Compensation In accordance with applicable law Employer’s Liability One Million Dollars ($1,000,000) Commercial General Liability (including coverage for automobile liability and property casualty) One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) per occurrence and Four Million Dollars ($4,000,000) in the aggregate Professional Liability Two Million Dollars ($2,000,000) per claim and Four Two Million Dollars ($4,000,0002,000,000) in the aggregate