Common use of Insurance Clause in Contracts

Insurance. 11.1. The vendor shall take out, at its own expense, sufficient liability insurance in respect of losses for which it or its agents or vicarious agents are responsible. The level of cover for each loss shall be disclosed to Flint on request. The contractual or legal liability of the vendor shall remain unaffected by the extent and level of its insurance cover. 11.2. ▇▇▇▇▇ shall insure any items lent or leased to it by the vendor against fire and explosion damage. 11.3. The vendor shall immediately inform ▇▇▇▇▇ of any insurance it has taken out with regard to the services to be rendered by it, in particular of erection all risks insurance, contractor’s all risks insurance and/or builder’s risk insurance.

Insurance. 11.1. The vendor shall take out, at its own expense, sufficient liability insurance in respect of losses for which it or its agents or vicarious agents are responsible. The level of cover for each loss shall be disclosed to Flint on request. The contractual or legal liability of the vendor shall remain unaffected by the extent and level of its insurance cover. 11.2. ▇▇▇▇▇ Flint shall insure any items lent or leased to it by the vendor against fire and explosion damage. 11.3. The vendor shall immediately inform ▇▇▇▇▇ of any insurance it has taken out with regard to the services to be rendered by it, in particular of erection all risks insurance, contractor’s all risks insurance and/or builder’s risk insurance.