Common use of Proof of Coverage Clause in Contracts

Proof of Coverage. Appraiser will provide LASS certificates evidencing the insurance coverage required concurrently with the execution of this Agreement and thereafter upon request. Appraiser will promptly advise LASS of any material change in Appraiser’s insurance coverage. The minimum limits of coverage described herein are not intended, and shall not be construed, to limit any liability or indemnity of Appraiser under this Agreement, nor are the limits required represented to be adequate to protect the interests of Appraiser.