INSURANCE PROCUREMENT Clause Samples
INSURANCE PROCUREMENT. Contractor shall obtain and maintain at all times while performing work for or at the request of the Unit Owner, at its sole cost and expense, the following insurance (a) workers compensation insurance with statutory limits and employer’s liability coverage of not less than $500,000; (b) commercial general liability insurance with a minimum limit of $1,000,000 per occurrence and $2,000,000 in the aggregate, including per-project aggregate endorsement, which insurance shall cover the following: premises and operations liability, products/completed operations, broad form property damage, broad form contractual liability, personal injury and independent contractor’s liability; (c) automobile liability insurance covering owned, hired and non-owned vehicles, with a minimum limit of liability of $1,000,000; and (d) umbrella liability insurance with a limit of $1,000,000 per occurrence and a general aggregate of $1,000,000. Contractor shall, by specific endorsements to its primary and umbrella/excess liability policy, cause Cooperative, Managing Agent, and Unit Owner to be named as additional insureds. Contractor shall, by specific endorsement to its primary liability policy, cause the coverage afforded to the additional insureds thereunder to be primary to and not concurrent with other valid and collectible insurance available to the additional insureds. Contractor shall, by specific endorsement to its umbrella/excess liability policy, cause the coverage afforded to the additional insureds hereunder to be first tier umbrella/excess coverage above the primary coverage afforded to the additional insureds and not concurrent with or excess to other valid and collectible insurance available to the additional insureds. Contractors’ insurance policies required herein shall include waiver of subrogation in favor of the additional insureds, and shall have no exclusions or limitations pertaining to the additional insureds relating injuries to the Contractor’s employees or subcontractor employees, the location of the work, or type of work performed on behalf of the Unit Owner. If the terms of this Agreement directly conflict with any other written agreements and/or Purchase Orders between the parties, the term contained in this Agreement shall supersede in that instance. Name Name Name Name Signature Signature Signature Signature Date Date Date Date
INSURANCE PROCUREMENT. Shareholder shall obtain and maintain at all times during the term of this agreement, at its sole cost and expense, personal liability insurance with a minimum limit of $1,000,000. Shareholder shall, by specific endorsements cause Cooperative and Managing Agent to be named as additional insureds. Shareholder shall, by specific endorsement, cause the coverage afforded to the additional insureds thereunder to be primary to and not concurrent with other valid and collectible insurance available to the additional insureds. If the terms of this Agreement directly conflict with any other written agreements between the parties, the term contained in this Agreement shall supersede in that instance. Cooperative: Managing Agent: Shareholder: Signature: Signature: Signature: Name: Name: Name: Date: Date: Date: ▇▇▇▇▇ CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YY) 00/00/0000 PRODUCER FAX * NAME AND ADDRESS OF INSURANCE CARRIER THIS CERTIFICATE ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. INSURED * NAME AND ADDRESS OF INSURED (Must match signed contract) INSURER A: xxxxxxxxxx INSURER B: xxxxxxxxxx INSURER C: INSURER D: INSURER E: THE POLICES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INS LTR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE DATE (MM/DD/YY) POLICY EXP DATE (MM/DD/YY) LIMITS A GENERAL LIABILITY $1,000,000/$2, 000.000 00/00/00 00/00/00 EACH OCCURRENCE $ 1,000,000 COMMERCIAL GENERAL LIABILITY DAMAGE TO RENTED PREMISES $ 100,000 CLAIMS MADE OCCUR MED EXP (any 1 person) $ 5,000 PERSONAL & ADV INJURY $ 2,000,000 GENERAL AGGREGATE $ 2,000,000 GEN’L AGGREGATE LIMIT APPLIES PER: PRODUCTS – COMP/OP AGG $ 2,000,000 POLICY PROJECT LOC B AUTOMOBILE LIABILITY $1,000,000 minimum 00/00/00 00/00/00 COMBINED SINGLE LIMIT (Ea Accident) $1,000,000 ANY AUTO ALL OWNED AUTOS ▇▇▇ ▇▇ ▇ ▇▇▇▇▇▇ INJURY (per person) $ SCHEDULED AUTOS HIRED AUTOS BODILY INJURY (per accident) $ NON OWNED AUTOS PROPERTY DAMAGE (Per accident) $ GARAGE LIABILITY AUTO O...
INSURANCE PROCUREMENT. Shareholder shall obtain and maintain at all times during the term of this agreement, at its sole cost and expense, personal liability insurance with a minimum limit of $1,000,000. Shareholder shall, by specific endorsements cause Corporation and Managing Agent to be named as additional insureds. Shareholder shall, by specific endorsement, cause the coverage afforded to the additional insureds thereunder to be primary to and not concurrent with other valid and collectible insurance available to the additional insureds. If the terms of this Agreement directly conflict with any other written agreements between the parties, the term contained in this Agreement shall supersede in that instance. Corporation: Managing Agent: Shareholder: Signature: Signature: Signature: Name: Name: Name: Date: Date: Date: Whereas (“Contractor”) is and will be performing certain work for (“Shareholder”) at (“Corporation”) located at , managed by (“Managing Agent”), pursuant to oral and/or written agreements and/or Purchase Orders, and/or the contract/proposal dated , now therefore, as to all such work, Contractor, Shareholder, Corporation, and Managing Agent agree as follows:
INSURANCE PROCUREMENT. Contractor shall provide customary and normal support to assist Purchaser in obtaining a Launch and In-Orbit Insurance Policy) consisting of (i) providing a comprehensive presentation package on the Satellite, suitable for presentation to the space insurance brokers and underwriters, (ii) supporting Purchaser with all necessary presentations (oral, written or otherwise), including attendance and participation in such presentations where requested by Purchaser, (iii) providing on a timely basis all reasonable and appropriate technical information, data and documentation, and (iv) providing documentation and answers to insurer and underwriter inquiries.
INSURANCE PROCUREMENT. Unit Owner shall obtain and maintain at all times during the term of this agreement, at its sole cost and expense, personal liability insurance with a minimum limit of $1,000,000. Unit Owner shall, by specific endorsements cause Cooperative and Managing Agent to be named as additional insureds. Unit Owner shall, by specific endorsement, cause the coverage afforded to the additional insureds thereunder to be primary to and not concurrent with other valid and collectible insurance available to the additional insureds.
INSURANCE PROCUREMENT. Contractor shall provide customary and normal support to assist MSV in obtaining a Launch and In-Orbit Insurance Policy including (i) providing a comprehensive presentation package on the Satellite, suitable for presentation to the space insurance brokers and underwriters, (ii) supporting MSV with all necessary presentations (oral, written or otherwise), including attendance and participation in such presentations where requested by MSV, (iii) providing on a timely basis all reasonable and appropriate technical information, data and documentation, and (iv) providing documentation and answers to insurer and underwriter inquiries.
INSURANCE PROCUREMENT. Contractor shall provide customary and normal support to assist Purchaser in obtaining a Launch and In-Orbit Insurance Policy consisting of: (i) providing a comprehensive presentation package on the Satellite, suitable for presentation to the space insurance brokers and underwriters, (ii) supporting Purchaser with all necessary presentations (oral, written or otherwise), including attendance and participation in such presentations where requested by Purchaser, (iii) providing on a timely basis all reasonable and appropriate technical information, data and documentation, and (iv) providing documentation and answers to insurer and underwriter inquiries. [*] CONFIDENTIAL TREATMENT REQUESTED BY ICO GLOBAL COMMUNICATIONS (HOLDINGS) LIMITED.
INSURANCE PROCUREMENT. The Subscriber shall maintain a policy of public liability, property damage, burglary and theft and fire insurance under which NCSMC and the Subscriber are named as insured, and under which the insurer agrees to indemnify and hold NCSMC harmless from and against all costs, expenses including attorneys' fees and liability arising out of or based upon any and all claims, injuries and damages arising under this agreement. The minimum liability insurance shall be sufficient to insure Subscriber’s insurable interest for any injury or death, property damage, burglary, theft, fire coverage, an amount necessary to indemnify Subscriber for property on its premises and Subscriber’s liability to third parties and injury or death of Subscriber or others. NCSMC shall not be responsible for any portion of any loss or damage which is recovered or recoverable by the Subscriber from insurance covering such loss or damage or for such loss or damage against which the Subscriber is indemnified or insured. In the event of any loss or injury to any person or property, Subscriber agrees to look exclusively to Subscriber’s insurer to recover damages. Subscriber shall obtain insurance to cover any loss the monitoring services are intended to detect to one hundred percent of the insurable value, and Subscriber and all those claiming rights under Subscriber waive all rights against NCSMC and Installer for loss or damages caused by burglary, theft, water, smoke, fire or other perils intended to be detected by the monitoring services or covered by insurance to be obtained by Subscriber, except such rights as they may have to the proceeds of insurance.
INSURANCE PROCUREMENT a. LESSEE shall provide and pay for all risk insurance against physical loss or damage to units in an amount equal to the full insurable value of the equipment. Such policies shall name LESSOR and its assigns as additional insureds as their interest may appear.
b. LESSEE also agrees to provide and pay for at its own cost and expense, comprehensive general liability insurance, Including contractual liability coverage, which insures both the LESSEE and the LESSOR and their agents, servants and employees for any and all claims, accidents, liability, damages; loss and expenses arising out of or in any way resulting from the operation; maintenance and use of the equipment rented under this agreement, that results in bodily injury, sickness, disease, death or injury to, or destruction of property, including the loss of use resulting therefrom. The insurance herein shall be primary insurance: for the LESSOR and LESSEE and shall be in an amount not less than $1,000,000 combined single limit for bodily injury, or property damage.
c. LESSEE shall furnish LESSOR with certificates of insurance evidencing the coverages set forth above, which shall provide for thirty (30) days prior written notice by registered mail to LESSOR of any cancellation or change reducing coverage. The certificate of insurance shall specifically state that the LESSOR is an additional insured under the LESSEE's policy of insurance as reflected in Paragraph B above, and that the coverage for the LESSOR is primary coverage, and not excess to or concurrent with, any other insurance coverage that may be available to the LESSOR. The insurance so provided shall be effective during the period from the moment of delivery of each unit under lease to LESSEE until the moment of return or surrender of possession to LESSOR or his authorized representative.
INSURANCE PROCUREMENT. Before performing any contract work, the CONTRACTOR shall procure and maintain, during the term(s) of this Contract, unless otherwise specified, insurance listed below. The policies of insurance shall be primary and written on forms acceptable to the CITY and placed with insurance carriers approved and licensed by Insurance Department in the State of Florida and meet a minimum financial A.M. Best and Company rating of no less than Excellent. No changes are to be made to these specifications without prior written specific approval by the City Risk Management Division.
1. Worker’s Compensation: CONTRACTOR will provide Worker’s Compensation Insurance, on behalf of all employees who are to provide service under this Contract, as required under Florida Laws, Chapter 440, the ▇▇▇▇▇ Act and Longshoreman and Harbormasters exposures, and Employers Liability no less than $100,000 per employee per accident; $100,000 employee per disease and $500,000 disease aggregate.