Insurance for Clause Samples
The 'Insurance for' clause requires one or both parties to obtain and maintain specific types of insurance coverage relevant to the contract or project. Typically, this clause details the minimum coverage amounts, the types of risks to be insured against (such as liability, property damage, or workers' compensation), and may require proof of insurance to be provided to the other party. Its core practical function is to allocate risk and ensure that adequate financial protection is in place in the event of accidents, losses, or claims arising from the contractual relationship.
Insurance for. Works The insuring Party shall insure the Works, Plant, Materials and Contractor´s Equipment Documents for not less than full reinstatement cost including the cost of
(a) of Sub-Clause 18.1 [General Requirements for Insurances], until the date of issue of the Taking-Over Certificate for the Works. The insuring Party shall maintain this insurance to provide cover until the date of issue of the Performance Certificate, for loss or damage for which the Contractor is liable arising from a cause occurring prior to the issue of the Taking-Over Certificate, and for loss or damage caused by the Contractor in the course of any other operations (including those under Clause 11 [Defects Liability] and Clause 12 [Tests after Completion]). TheiInsuring Party shall Insure the Contractor's Equipment for not less than the full replacement value, including delivery to Site. For each item of Contractor's Equipment, the insurance shall be effective while it is being transported to the Site and until it is no longer required as Contractor's Equipment. Unless otherwise stated In the Particular Conditions, insurances under this Sub-Clause:
(a) shall be effected and maintained by the Contractor as insuring Party,
(b) shall be in the joint names of the Parties, who shall be jointly entitled to receive payments from the insurers, payments being held or allocated between the Parties for the sole purpose of rectifying the loss or damage,
(c) shall cover all loss and damage from any cause not listed in Sub-Clause 17.3
(d) shall also cover loss or damage to a part of the Works which Is attributable to the use or occupation by the Employer of another part of the Works and loss or damage from the risks listed in sub-paragraphs (c), (g) and (h) of Sub-Clause
Insurance for. Works and Contractor’s Equipment
(a) shall be effected and maintained by the Contractor as insuring Party,
(b) shall be in the joint names of the Parties, who shall be jointly entitled to receive payments from the insurers, payments being held or allocated to the Party actually bearing the costs of rectifying the loss or damage,
(c) shall cover all loss and damage from any cause not listed in Sub-Clause 17.3 [Employer’s Risks],
Insurance for. Insurance assures you a monthly income if you are totally disabled for a long period. Both occupational and non-occupational disabilities are covered. For the amount of your Monthly Benefit, see the schedule. An employee, who is on active claim arising from a disability which occurred before the effective date of a negotiated wage rate increase and which continues thereafter, shall as from the effective date of the negotiated change be paid an increase long term disability benefit in accordance with the formula.
Insurance for all Employees covered by this Agreement, the Employer shall carry ▇▇▇▇▇▇▇'▇ Compensation (and other employee related) Insurance as required by law of the State of California. The Employer shall furnish, upon request by the Union, a certificate of insurance which contains a ten (10) day cancellation notice clause to the Union as proof.
Insurance for. (a) Business Auto Liability covering owned, non-owned and hired vehicles with a limit of not less than $1,000,000 per accident; (b) Workers Compensation and Employers Liability pursuant to all applicable state and local statutes and regulations; (c) Business Interruption Insurance for a period of one (1) year, and (d) Excess Liability in the amount of $5,000,000. In addition, whenever Tenant shall undertake any Alterations, additions or improvements in, to or about the Premises, the aforesaid insurance protection must extend to and include injuries to persons and damage to property arising in connection with such Work, without limitation including liability under any applicable structural work act, and such other insurance as Landlord shall require; and the policies of or certificates evidencing such insurance must be delivered to Landlord prior to the commencement of any such Work.