Common use of Insurance Generally Clause in Contracts

Insurance Generally. Contractor agrees to procure and maintain, at its own cost, a policy or policies of insurance sufficient to insure against all obligations assumed by the Contractor pursuant to this Agreement. Contractor shall not commence work under this Agreement until it has obtained all said insurance required by the Contract Documents and such insurance has been approved by the Town. The Contractor shall not allow any subcontractor to commence work on this project until all similar insurance required of the subcontractor has been obtained and approved. For the duration of this Agreement, the Contractor must continuously maintain the insurance coverage required in this section, with the minimum insurance coverage listed below: Worker's Compensation in accordance with the Worker's Compensation Act of the State of Colorado and any other applicable laws for any employee engaged in the performance of Work under this contract. Comprehensive General Liability insurance with minimum combined single limits of One Million Dollars ($1,000,000.00) each occurrence and of two million Dollars ($2,000,000.00) aggregate, plus an additional amount sufficient to pay related attorneys' fees and defense costs. The policy shall be applicable to all premises and operations. The policy shall include coverage for bodily injury, broad form property damage (including completed operations), personal injury (including coverage for contractual and employee acts), blanket contractual, independent contractors, products, and completed operations. The policy shall include coverage for explosion, collapse, and underground hazards. The policy shall contain a severability of interests provision. Comprehensive Automobile Liability insurance with minimum combined single limits for bodily injury and property damage of not less than One Million Dollars ($1,000,000.00) each occurrence with respect to each of the Contractor’s owned, hired and non-owned vehicles assigned to or used in performance of the Services. The policy shall contain a severability of interests provision. Such insurance coverage must extend to all levels of subcontractors. Such coverage must include all automotive equipment used in the performance of the Agreement, both on the work site and off the work site, and such coverage shall include non-ownership and hired cars coverage. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Professional Liability (errors and omissions) Insurance with a minimum limit of coverage of One Million Dollars ($1,000,000) per claim and annual aggregate. Such policy of insurance shall be obtained and maintained for one (1) year following completion of all Services under this Agreement. Such policy of insurance shall be endorsed to include the Town as a Certificate Holder. The Required Insurance shall be procured and maintained with insurers with an A- or better rating as determined by Best’s Key Rating Guide. All Required Insurance shall be continuously maintained to cover all liability, claims, demands, and other obligations assumed by the Contractor.

Appears in 3 contracts

Samples: Lyons Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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Insurance Generally. Contractor agrees to procure and maintain, at its own cost, a policy or policies of insurance sufficient to insure against all obligations assumed by During the Contractor pursuant to this Agreement. Contractor shall not commence work under this Agreement until it has obtained all said insurance required by the Contract Documents and such insurance has been approved by the Town. The Contractor shall not allow any subcontractor to commence work on this project until all similar insurance required of the subcontractor has been obtained and approved. For the duration term of this Agreement, the Contractor must shall obtain and shall continuously maintain, at the Contractor’s expense, insurance of the kind and in the minimum amounts specified as follows: The Contractor shall obtain and maintain the types, forms, and coverage(s) of insurance coverage required deemed by the Contractor to be sufficient to meet or exceed the Contractor’s minimum statutory and legal obligations arising under this Agreement (“Contractor Insurance”); or The Contractor shall secure and maintain the following (“Required Insurance”): Worker’s Compensation Insurance in this section, with the minimum amount required by applicable law for all employees and other persons as may be required by law. Such policy of insurance coverage listed below: Worker's Compensation in accordance with shall be endorsed to include the Worker's Compensation Act of the State of Colorado and any other applicable laws for any employee engaged in the performance of Work under this contractTown as a Certificate Holder. Comprehensive General Liability insurance with a minimum combined single limits coverage of One Million Five Hundred Thousand Dollars ($1,000,000.00500,000) each occurrence and of two million Dollars ($2,000,000.00) aggregate, plus an additional amount sufficient to pay related attorneys' fees and defense costsGeneral Aggregate. The policy shall be applicable to all premises and operationsall operations of the Contractor. The policy shall include coverage for bodily injury, broad form property damage (including completed operations), personal injury (including coverage for contractual and employee acts), blanket contractual, independent contractors, products, and completed operations. The policy shall include coverage for explosion, collapse, and underground hazards. The policy shall contain a severability of interests provision. Coverage shall be provided on an “occurrence” basis as opposed to a “claims made” basis. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Comprehensive Automobile Liability insurance with minimum combined single limits for bodily injury and property damage coverage of not less than One Million Dollars Five Hundred Thousand dollars ($1,000,000.00500,000) each occurrence General Aggregate, with respect to each of the Contractor’s owned, hired and non-non- owned vehicles assigned to or used in performance of the Services. The policy shall contain a severability of interests provision. Such insurance coverage must extend to all levels of subcontractors. Such coverage must include all automotive equipment used in the performance of the Agreement, both on the work site and off the work site, and such coverage shall include non-ownership and hired cars coverage. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Professional Liability (errors and omissions) Insurance with a minimum limit of coverage of One Million Dollars ($1,000,0001,000,000.00) per claim and annual aggregate. Such policy of insurance shall be obtained and maintained for one (1) year following completion of all Services under this Agreement. Such policy of insurance shall be endorsed to include the Town as a Certificate Holder. The Required Insurance shall be procured and maintained with insurers with an A- or better rating as determined by Best’s Key Rating Guide. All Required Insurance shall be continuously maintained to cover all liability, claims, demands, and other obligations assumed by the Contractor.

Appears in 2 contracts

Samples: Professional Services Agreement, Professional Services Agreement

Insurance Generally. Contractor agrees to procure and maintain, at its own cost, a policy or policies of insurance sufficient to insure against all obligations assumed by During the Contractor pursuant to this Agreement. Contractor shall not commence work under this Agreement until it has obtained all said insurance required by the Contract Documents and such insurance has been approved by the Town. The Contractor shall not allow any subcontractor to commence work on this project until all similar insurance required of the subcontractor has been obtained and approved. For the duration term of this Agreement, the Contractor must shall obtain and shall continuously maintain, at the Contractor’s expense, insurance of the kind and in the minimum amounts specified as follows: The Contractor shall obtain and maintain the types, forms, and coverage(s) of insurance coverage required deemed by the Contractor to be sufficient to meet or exceed the Contractor’s minimum statutory and legal obligations arising under this Agreement (“Contractor Insurance”); or The Contractor shall secure and maintain the following (“Required Insurance”): Worker’s Compensation Insurance in this section, with the minimum amount required by applicable law for all employees and other persons as may be required by law. Such policy of insurance coverage listed below: Worker's Compensation in accordance with shall be endorsed to include the Worker's Compensation Act of the State of Colorado and any other applicable laws for any employee engaged in the performance of Work under this contractTown as a Certificate Holder. Comprehensive General Liability insurance with a minimum combined single limits coverage of One Million Five Hundred Thousand Dollars ($1,000,000.00) each occurrence and of two million Dollars ($2,000,000.00500,000) aggregate, plus an additional amount sufficient to pay related attorneys' fees and defense costs. The policy shall be applicable to all premises and operationsall operations of the Contractor. The policy shall include coverage for bodily injury, broad form property damage (including completed operations), personal injury (including coverage for contractual and employee acts), blanket contractual, independent contractors, products, and completed operations. The policy shall include coverage for explosion, collapse, and underground hazards. The policy shall contain a severability of interests provision. Coverage shall be provided on an “occurrence” basis as opposed to a “claims made” basis. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Comprehensive Automobile Liability insurance with minimum combined single limits for bodily injury and property damage coverage of not less than One Million Dollars Five Hundred Thousand dollars ($1,000,000.00500,000) each occurrence aggregate, with respect to each of the Contractor’s owned, hired and non-non- owned vehicles assigned to or used in performance of the Services. The policy shall contain a severability of interests provision. Such insurance coverage must extend to all levels of subcontractors. Such coverage must include all automotive equipment used in the performance of the Agreement, both on the work site and off the work site, and such coverage shall include non-ownership and hired cars coverage. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Professional Liability (errors and omissions) Insurance with a minimum limit of coverage of One Million Dollars ($1,000,0001,000,000.00) per claim and annual aggregate. Such policy of insurance shall be obtained and maintained for one (1) year following completion of all Services under this Agreement. Such policy of insurance shall be endorsed to include the Town as a Certificate Holder. The Required Insurance shall be procured and maintained with insurers with an A- or better rating as determined by Best’s Key Rating Guide. All Required Insurance shall be continuously maintained to cover all liability, claims, demands, and other obligations assumed by the Contractor.one

Appears in 1 contract

Samples: Professional Services Agreement

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Insurance Generally. Contractor agrees to procure and maintain, at its own cost, a policy or policies of insurance sufficient to insure against all obligations assumed by During the Contractor pursuant to this Agreement. Contractor shall not commence work under this Agreement until it has obtained all said insurance required by the Contract Documents and such insurance has been approved by the Town. The Contractor shall not allow any subcontractor to commence work on this project until all similar insurance required of the subcontractor has been obtained and approved. For the duration term of this Agreement, the Contractor must shall obtain and shall continuously maintain, at the Contractor’s expense, insurance of the kind and in the minimum amounts specified as follows: The Contractor shall obtain and maintain the types, forms, and coverage(s) of insurance coverage required deemed by the Contractor to be sufficient to meet or exceed the Contractor’s minimum statutory and legal obligations arising under this Agreement (“Contractor Insurance”); or The Contractor shall secure and maintain the following (“Required Insurance”): Worker’s Compensation Insurance in this section, with the minimum amount required by applicable law for all employees and other persons as may be required by law. Such policy of insurance coverage listed below: Worker's Compensation in accordance with shall be endorsed to include the Worker's Compensation Act of the State of Colorado and any other applicable laws for any employee engaged in the performance of Work under this contractTown as a Certificate Holder. Comprehensive General Liability insurance with a minimum combined single limits coverage of One Million Five Hundred Thousand Dollars ($1,000,000.00500,000) each occurrence and of two million Dollars ($2,000,000.00) aggregate, plus an additional amount sufficient to pay related attorneys' fees and defense costsGeneral Aggregate. The policy shall be applicable to all premises and operationsall operations of the Contractor. The policy shall include coverage for bodily injury, broad form property damage (including completed operations), personal injury (including coverage for contractual and employee acts), blanket contractual, independent contractors, products, and completed operations. The policy shall include coverage for explosion, collapse, and underground hazards. The policy shall contain a severability of interests provision. Coverage shall be provided on an “occurrence” basis as opposed to a “claims made” basis. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Comprehensive Automobile Liability insurance with minimum combined single limits for bodily injury and property damage coverage of not less than One Million Dollars Five Hundred Thousand dollars ($1,000,000.00500,000) each occurrence General Aggregate, with respect to each of the Contractor’s owned, hired and non-owned vehicles assigned to or used in performance of the Services. The policy shall contain a severability of interests provision. Such insurance coverage must extend to all levels of subcontractors. Such coverage must include all automotive equipment used in the performance of the Agreement, both on the work site and off the work site, and such coverage shall include non-ownership and hired cars coverage. Such insurance shall be endorsed to name the Town as Certificate Holder and name the Town, and its elected officials, officers, employees and agents as additional insured parties. Professional Liability (errors and omissions) Insurance with a minimum limit of coverage of One Million Dollars ($1,000,0001,000,000.00) per claim and annual aggregate. Such policy of insurance shall be obtained and maintained for one (1) year following completion of all Services under this Agreement. Such policy of insurance shall be endorsed to include the Town as a Certificate Holder. The Required Insurance shall be procured and maintained with insurers with an A- or better rating as determined by Best’s Key Rating Guide. All Required Insurance shall be continuously maintained to cover all liability, claims, demands, and other obligations assumed by the Contractor.

Appears in 1 contract

Samples: Professional Services Agreement

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