Minimum Coverage Limits Clause Samples
The Minimum Coverage Limits clause sets the lowest amount of insurance coverage that a party must maintain under a contract. Typically, this clause specifies the types of insurance required—such as general liability, professional liability, or automobile insurance—and the minimum dollar amounts for each. By establishing these thresholds, the clause ensures that adequate financial protection is in place to cover potential losses or liabilities, thereby reducing the risk of insufficient coverage in the event of a claim.
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Minimum Coverage Limits. Minimum coverage limits for the Contractor’s policies of insurance shall be as follows:
Minimum Coverage Limits. The Liability Policy (defined in the Joint Use Agreement) maintained by CCAG/NPSS must have coverage limits of not less than one million dollars per occurrence and three million dollars aggregate. The Vehicle Policy (defined in the Joint Use Agreement) maintained by CCAG/NPSS must have coverage limits of not less than five-hundred thousand dollars per occurrence and one million dollars aggregate.
Minimum Coverage Limits. Each required policy of insurance shall be in at least the minimum coverage limit set forth in the Contract.
Minimum Coverage Limits. Bodily Injury $1,000,000 each person Property Damage $1,000,000 each occurrence Umbrella Coverage $2,000,000
Minimum Coverage Limits. The minimum coverage limits for policies of insurance of the Contractor and Sub-Contractors, if any, are: Workers Compensation In accordance with law Employers Liability One Million Dollars ($1,000,000) Comprehensive General Liability (including property damage and automobile liability) Two Million Dollars ($2,000,000) per occurrence/Four Million Dollars ($4,000,000) in the aggregate Automobile Liability (it not covered by General Liability Policy) One Million Dollars ($1,000,000) Combined Single Limit
Minimum Coverage Limits. Minimum coverage limits for the policies of insurance shall be as follows:
Minimum Coverage Limits. Minimum coverage limits for each policy of insurance the University is required to obtain hereunder is set forth below: Policy of Insurance Minimum Coverage Limits Commercial General Liability Insurance Per Occurrence: Two Million Dollars Aggregate: Four Million Dollars ($4,000,000) Workers Compensation In accordance with California legal requirements. Employers Liability One Million Dollars ($1,000,000) Automobile Liability One Million Dollars ($1,000,000) combined single limit
Minimum Coverage Limits. At all times during the Term of this Agreement, Finalsite shall maintain the following minimum insurance coverages and shall provide a certificate of insurance evidencing such coverages to the Customer upon request.
(i) Commercial General Liability coverage in the amount of $1,000,000 per occurrence and $2,000,000 general aggregate;
(ii) automobile liability coverage in the amount of $1,000,000 combined single limit;
(iii) umbrella liability coverage, occurrence based with limits of at least $5,000,000 per occurrence and in the aggregate;
(iv) workers’ compensation and employee liability coverage for statutory limits; and
(v) professional, data privacy and network security coverage with an aggregate limit of $5,000,000.
Minimum Coverage Limits. The minimum coverage limits for policies of insurance of the Consultant and Sub-Consultants, if any, are: DRAFT Workers Compensation Insurance In accordance with law Employers Liability Insurance One Million Dollars ($1,000,000) Commercial General Liability Per Occurrence: ($1,000,000) Aggregate: ($2,000,000) Automobile Liability (if not covered by Commercial General Liability policy) Combined Single Limit: ($1,000,000) Professional Liability Per Occurrence: ($1,000,000) Aggregate: ($3,000,000) Workers Compensation Insurance In accordance with law Employers Liability Insurance One Million Dollars ($1,000,000) Commercial General Liability Per Occurrence: ($1,000,000) Aggregate: ($2,000,000) Automobile Liability (if not covered by Commercial General Liability policy) Combined Single Limit: ($1,000,000) Professional Liability Per Occurrence: ($1,000,000) Aggregate: ($2,000,000)
Minimum Coverage Limits. Worker’s Compensation Statutory