LIMITS REQUIRED Clause Samples

LIMITS REQUIRED. Two Million Dollars ($2,000,000.00) - General Aggregate.

LIMITS REQUIRED. The [Vendor] shall carry the following limits of liability as required below: General Aggregate $2,000,000 Products/Completed Operations Aggregate $2,000,000 Each Occurrence Limit $1,000,000 Personal/Advertising Injury $1,000,000 Damage to Rented Premises $50,000 Medical Payments (Any One Person) $5,000 Each Occurrence $1,000,000 Aggregate $2,000,000 Bodily Injury/Property Damage (Each Accident) $1,000,000 Personal Injury Protection (if applicable) Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers’ Liability) $1,000,000 $1,000,000 $1,000,000 Crime Coverage (if applicable) 50% of the contract value or $100,000, whichever is greater

LIMITS REQUIRED. The CONTRACTOR shall carry the following limits of liability as required below: Dollar amounts may change in accordance with the event or project. Construction requirements may also include Builders Risk, Professional Liability, and Pollution Liability. General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 2,000,000 Each Occurrence Limit $ 1,000,000 Personal/Advertising Injury $ 1,000,000 Fire Damage (Any One Fire) $ 50,000 Medical Payments (Any One Person) $ 5,000 Bodily Injury/Property Damage (Each Accident) $ 1,000,000 Personal Injury Protection Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers Liability) $100,000 $500,000 $100,000 Professional Liability (when applicable) Each occurrence $1,000,000 Aggregate $2,000,000 Pollution Liability (when applicable) Per Loss $100,000 Aggregate $100,000 The University requires the Contractor to keep the insurance policy in effect beyond the completion of the project to cover possible hidden defects or possible flaws in the design/construction. Example: if a wall fails a year after the completion of the project, the Contractor would be obligated to repair or replace the wall. However, if the wall causes half of the building to fall with it, then the insurance would pay for the damage of the building. The extended period is requested by the University and the insurance coverages shall be maintained, except for Automobile Liability and Worker’s Compensation, for a period of one (1) year after the date of substantial completion of the project.

LIMITS REQUIRED. The Professional shall carry the following limits of liability as required below: Dollar amounts may change in accordance with the event or project. General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 2,000,000 Each Occurrence Limit $ 1,000,000 Personal/Advertising Injury $ 1,000,000 Fire Damage (Any One Fire) $ 50,000 Medical Payments (Any One Person) $ 5,000 Bodily Injury/Property Damage (Each Accident) $ 1,000,000 Personal Injury Protection Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers Liability) $100,000 $500,000 $100,000 Each Occurrence Limit $ 1,000,000 General Aggregate Limit $ 1,000,000 Products/Completed Operations Aggregate $ 1,000,000 Each Claim $1,000,000 Annual Policy Aggregate $2,000,000 Pollution Liability (when applicable) Per Claim $100,000 Annual Policy Aggregate $100,000 The Professional shall meet the following requirements:

LIMITS REQUIRED. Client shall carry the following limits of liability: (a) Commercial General Liability • Products/Completed Operations Aggregate $2,000,000 • Each Occurrence Limit $2,000,000 • Personal/Advertising Injury $2,000,000 (b) Property Insurance • All Risks at replacement cost Full replacement cost value of the “Installation”: $120 000 5.5.3. Additional requirements Client shall name Creos, Init, and their respective officers, employees, agents, and volunteers as Additional Insureds. Such insurance may not be cancelled during the term of this Agreement unless thirty (30) days advance written notice via certified mail is provided to Creos.

LIMITS REQUIRED. The Design/Build Entity shall carry the following limits of liability as required below:

LIMITS REQUIRED. The [Lessee/Contract Provider] shall carry the following limits of liability as required below: General Aggregate $2,000,000 Products/Completed Operations Aggregate $2,000,000 Each Occurrence Limit $1,000,000 Personal/Advertising Injury $1,000,000 Damage to Rented Premises $50,000 Medical Payments (Any One Person) $5,000 Bodily Injury/Property Damage (Each Accident) $1,000,000 Personal Injury Protection, if applicable Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers’ Liability) $100,000 $500,000 $100,000 Each Occurrence Limit $1,000,000 General Aggregate Limit $1,000,000 Products/Completed Operations Aggregate $1,000,000 Property insurance shall be written on a Covered Cause of Loss-Special Form, replacement cost cov- erage, including coverage for flood and earth movement. [College/University] shall be named as a loss payee on property coverage for tenant improvements and betterments if this coverage is required in the lease. If property coverage on the building is required in the lease, [College/University] shall be named as an additional insured-owner/loss payee. Coverage for Lessee’s Tenant Improvements and Betterments (if required in the lease), Fixtures – 100% replacement cost Coverage on Building (may be required if Lessee is sole occupant and this coverage is required in the lease) – 100% replacement cost Coverage for Business Income – Amount equal to all minimum annual rent and other sums pay- able under the lease Additional Requirements

LIMITS REQUIRED. The (LESSEE/CONTRACT PROVIDER) shall carry the following limits of liability as required below: General Aggregate $ 2,000,000 Products/Completed Operations Aggregate $ 2,000,000 Each Occurrence Limit $ 1,000,000 Personal/Advertising Injury $ 1,000,000 Fire Damage (Any One Fire) $ 50,000 Medical Payments (Any One Person) $ 5,000 Bodily Injury/Property Damage (Each Accident) $ 1,000,000 Personal Injury Protection Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers Liability) $100,000 $500,000 $100,000 Each Occurrence Limit $1,000,000 General Aggregate Limit $1,000,000 Products/Completed Operations Aggregate $1,000,000 Commercial Property Value of Tenant’s Property