Common use of Excess or Umbrella Liability Insurance Clause in Contracts

Excess or Umbrella Liability Insurance. 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 $25,000,000 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. Such coverage will be excess and “drop down” for defense and indemnity in the event of exhaustion of the underlying insurances of Commercial, Automobile, Liability, Employer’s Liability and the Commercial General Liability policies.

Appears in 2 contracts

Samples: Lump Sum Construction Contract, Construction Contract

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Excess or Umbrella Liability Insurance. 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 $25,000,000 10,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents, Documents and shall be excess and follow form over primary coverages included herein. Such coverage will be excess and “drop down” for defense and indemnity in the event of exhaustion of the underlying insurances of Commercial, Automobile, Liability, Employer’s Liability and the Commercial General Liability policies.

Appears in 1 contract

Samples: flymemphis.com

Excess or Umbrella Liability Insurance. 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 $25,000,000 10,000,000 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. Such coverage will be excess and “drop down” for defense and indemnity in the event of exhaustion of the underlying insurances of Commercial, Automobile, Liability, Employer’s Liability and the Commercial General Liability policies.

Appears in 1 contract

Samples: Construction Contract

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Excess or Umbrella Liability Insurance. 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 $25,000,000 5,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents, Documents and shall be excess and follow form over primary coverages included herein. Such coverage will be excess and “drop down” for defense and indemnity in the event of exhaustion of the underlying insurances of Commercial, Automobile, Liability, Employer’s Liability Liability, and the Commercial General Liability policies.

Appears in 1 contract

Samples: flymemphis.com

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