Our Insurance Clause Samples
The "Our Insurance" clause outlines the insurance coverage that the party drafting the contract is required to maintain during the term of the agreement. Typically, this clause specifies the types of insurance (such as general liability, professional indemnity, or property insurance), the minimum coverage amounts, and any relevant conditions or proof of insurance that must be provided to the other party. Its core practical function is to allocate risk and provide assurance that adequate financial protection is in place in the event of loss, damage, or liability arising from the contract's activities.
Our Insurance. We offer to arrange for the Goods to be insured during transit and storage, and details of the type of insurance and the rates are set out in Our quotation and/or will be provided on request. This insurance will only be arranged if You request Us in writing to do so (including by so indicating in Your written acceptance of Our quotation).
Our Insurance. (a) KINTO has insurance which covers KINTO Vehicles in the possession of an approved KINTO Member. This protects you and any KINTO Member you allow to use the Vehicle during your Booking from accidental loss or damage to the KINTO Vehicle and it also covers the legal liability to pay compensation for loss or damage to someone else’s property caused by an accident involving the KINTO Vehicle subject to the terms of this Agreement. Nothing in this clause prevents us or our insurers from seeking money from you as a result of your breach of this Agreement.
(b) In the event that a claim needs to be made against our insurance policy, KINTO is liable to pay the Insurance Excess to the insurer. You agree to reimburse us this cost promptly when we ask you to pay.
(c) You may reduce your liability to reimburse us for the Insurance Excess each time you make a Booking by selecting the Insurance Excess reduction option as an Extra through the KINTO App. In this instance, you will then only be liable to reimburse us for the amount of the Reduced Insurance Excess. The Insurance Excess reduction fee is payable on each Booking where you wish to reduce your liability to reimburse us for the Insurance Excess and the Reduced Insurance Excess only applies to you or the KINTO Member you have authorised to operate the Vehicle. The Reduced Insurance Excess amounts are displayed in the Fee Schedule. The amount of the Reduced Insurance Excess payable will depend on the KINTO Member who is operating the Vehicle at the time of the incident. If you or an authorised KINTO Member are not the person operating the Vehicle at the time of an accident, the Reduced Insurance Excess will not apply and you must reimburse us for the full amount of the Insurance Excess.
(d) The amount of the Insurance Excess and the Reduced Insurance Excess will be provided on ▇▇▇.▇▇▇▇▇.▇▇▇.▇▇ and may be amended by us from time to time in our sole discretion.
(e) Should we increase the amount of the Insurance Excess or the Reduced Insurance Excess, we will give Members at least one month's notice of such amendment.
(f) In the event that KINTO elects to repair the Vehicle instead of lodging a claim against our insurance policy, you agree that you will be responsible for paying the lesser of the amount of the Insurance Excess or the Reduced Insurance Excess (if selected by you at the time of Booking) and the amount of the cost of repair.
(g) You acknowledge that ▇▇▇▇▇’s insurance will only provide cover for you for...
Our Insurance. 13.1. If the box contained in the insurance item of the reference table is ticked/marked “no”:
13.1.1. You acknowledge having received a copy of our insurance policy on or prior to the commencement date;
13.2. Subject to clause 13.3:
13.2.1. You must not do or fail to do anything which, if done or not done by us, would void or otherwise detract from our rights under our insurance policy; and
13.2.2. You indemnify us from loss, liability or damages sustained because of any failing on your part to strictly observe and perform your obligations under clause 13.2.1.
13.3. Nothing in clause 13.2 imposes an obligation on you to pay insurance premiums necessarily payable by us to the insurer under our insurance policy to keep and maintain the currency of that policy.
13.4. If a claim is made under our insurance policy because of destruction of or damage to the equipment (or any part of it) which is brought about by your acts or omissions (“our claim”), you must:
13.4.1. pay to us on demand any deductible or excess payment or any other cost or expense incurred by us under our insurance policy in connection with our claim; and
13.4.2. indemnify and hold us indemnified from loss or liability arising under our insurance policy in connection with any excess or deductible payment or other sum payable by us and relating to our claim.
Our Insurance. Egans do not cover You for All Risk Transit or Property insurance. It is safest and most cost effective for you to arrange your own cover under your existing contents policy. Beware of any “generic” All Risk Transit cover that may be offered to you. We recommend that you speak to your Insurance broker and that you ensure that you have adequate cover for your individual needs.
Our Insurance. Egans offer to arrange for the Goods to be insured during storage, and details of the type of insurance and the rates are set out in Our quotation and/or will be provided on request. This insurance will only be arranged if You request Us in writing to do so (including by so indicating in Your written acceptance of Our quotation).
Our Insurance. We have a legal responsibility to ensure our vehicles are covered by a minimum of third-party insurance which provides cover for any third-party personal injury or property damage. This insurance is provided by us and is included in the rental charge unless we agree your own insurance will cover the rental.
a) We will provide cover for damage to the vehicle, however you will still be required to pay the agreed excess amount every time the vehicle is damaged.
b) An excess waiver does not cover lost or damaged keys, or damage to the interior of the vehicle. Nor does it cover damage to the vehicle caused by hitting low-level objects such as bridges, low branches or damage caused by failure to pay due care and attention to potential hazards. It also does not cover costs following a road traffic accident where our vehicle has to be recovered from an off-road location and there is no third party involved.
c) We will provide cover for theft of our rental vehicle, however, you will still have to pay the agreed excess amount should the vehicle be stolen. This excess remains payable to us despite the purchase of an excess waiver.
Our Insurance. WE OFFER TO ARRANgE FOR THE GOODs TO BE iNsuRED DuRiNg TRANsiT AND sTORAgE, AND DETAiLs OF THE TYPE OF iNsuRANCE AND THE RATEs ARE sET OuT iN OuR QuOTATiON AND/OR WiLL BE PROviDED ON REQuEsT. THis iNsuRANCE WiLL ONLY BE ARRANgED iF YOu REQuEsT Us iN WRiTiNg TO DO sO (iNCLuDiNg BY sO iNDiCATiNg iN YOuR WRiTTEN ACCEPTANCE OF OuR QuOTATiON).
Our Insurance. If we provide any services or personnel to you, then, prior to the rendering of such services or personnel, we shall provide insurance certificates and endorsements in accordance with Exhibit A, attached hereto and incorporated herein by this reference, as respects our acts and omissions.