Excess Liability Insurance definition

Excess Liability Insurance. $ minimum required insurance policy for anything other than General Liability or Automobile coverage. ☐ - Additional Insurance Requirement: Client, Contractor, and any other entity which the Contractor is required to name as an additional insured under the Prime Contract shall be named as additional insureds under the General Liability Insurance required by this Section and any such insurance afforded to the additional insureds shall apply as primary insurance. Any other insurance maintained by the Client or Contractor shall be excess insurance and shall not be called upon to contribute to Subcontractor’s primary or excess insurance carrier’s duty to defend or indemnify unless required by law. The excess insurance required above shall also afford additional insured protection to Client and Contractor. This Section shall in no event be construed to require that additional insured insurance coverage be provided to a greater extent than permitted under the statutes or public policy governed under State law.
Sample 1Sample 2Sample 3
Excess Liability Insurance. $[AMOUNT] minimum required insurance policy for anything other than General Liability or Automobile coverage. The Client, the Contractor, and any other entity that the Prime Contract requires the Contractor to name as an additional insured must be named as additional insureds under the general liability insurance required by this Section, and any coverage provided to the additional insureds will function as primary insurance. Unless otherwise required by law, any additional insurance that the Client or Contractor maintains shall be excess insurance and shall not be used to satisfy the obligation of the Subcontractor's primary or excess insurance carrier to defend or indemnify. The above-required excess insurance must also provide Client and Contractor with additional insured protection. This Section may not, under any circumstances, be interpreted as requiring that additional insured insurance coverage be offered to a greater extent than is permitted by applicable state statutes or public policy. Certificates of Insurance. Before providing any Services, Contractor must receive certificates of insurance, along with the necessary additional insured, other endorsements, and subrogation waivers.
Sample 1Sample 2Sample 3
Excess Liability Insurance means general liability insurance coverage in addition to the maximum dollar amount of coverage for which an insurer issues a general liability insurance policy.
Sample 1Sample 2Sample 3

Examples of Excess Liability Insurance in a sentence

  • If Excess Liability Insurance is provided, it shall follow the form of the primary coverage.

  • Umbrella or Excess Liability Limit: $1,000,000 Each Occurrence$1,000,000 Aggregate (per project) Where applicable, the Contractor shall obtain and keep in effect during the term of the contract, Umbrella or Excess Liability Insurance covering their liability over the limit for primary general liability, automobile liability, and employer’s liability.

  • Umbrella or Excess Liability Insurance in a minimum amount of ten million dollars ($10,000,000.00), which shall apply, at a minimum, to the insurance required in Subsection 1 (Commercial General Liability) above.

  • Excess Liability Insurance over and above the Employers’ Liability, Commercial General Liability and Comprehensive Automobile Liability Insurance coverages, with a minimum combined single limit of Twenty Million Dollars ($20,000,000) per occurrence and Twenty Million Dollars ($20,000,000) aggregate.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Liability Insurance policies shall contain provisions that specify that the policies are primary and non-contributory.

  • Excess Liability Insurance, in the umbrella form, with limits of at least $10,000,000 combined single limit for each occurrence.

  • Commercial General Liability Insurance and Excess Liability Insurance.

  • The Commercial General Liability Insurance, Comprehensive Automobile Insurance and Excess Liability Insurance policies of Developer and Connecting Transmission Owner shall name the other Party, its parent, associated and Affiliate companies and their respective directors, officers, agents, servants and employees (“Other Party Group”) as additional insureds using ISO CG Endorsements: CG 20 33 04 13, and CG 20 37 04 13 or CG 20 10 04 13 and CG 20 37 04 13 or equivalent to or better forms.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for at least three (3) years after termination of this Agreement, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Developer and Connecting Transmission Owner.

  • If insurance policies are not written for amounts agreed to with the City, the Contractor shall carry Umbrella or Excess Liability Insurance for any differences in amounts specified.


More Definitions of Excess Liability Insurance

Excess Liability Insurance. Policy Term Annual (June 26th to June 26th), Policy No. X0022A1A05 for 2005-2006 policy term. Covers third party legal liability for bodily injury, property damage or personal injury. Includes coverage for excess auto liability, excess employers’ liability and operational pollution liability. The limit of liability is $35 million with a $1 million per occurrence deductible. Liability arising from terrorism is not excluded. Coverage is shared with other Sempra subsidiaries. There is no annual aggregate limit for general or auto liability. Additional insured status required in a written contract is automatically recognized by this policy. Sempra maintains additional excess liability insurance above this coverage with annual aggregate limits. Coverage placed with AEGIS (A.M Best’s rated “A, XI”). Automobile Insurance (U.S.): Policy Term Annual (June 26th to June 26th), Policy No. AS1-621-004541-195 for 2005-2006 policy term. Primary auto liability in the amount of $1 million, and comprehensive and collision coverage for vehicles with reported vehicle value greater than $10,000. Covers all owned, non-owned and hired vehicles. Reporting of new and changed autos to Sempra Energy Risk Management is required. Auto I.D. cards required by state law are issued by Sempra Energy Risk Management. Coverage placed with Liberty Mutual (A.M Best’s rated “A, XV”).
Sample 1
Excess Liability Insurance is generally purchased in layers. If you buy an Automobile and G/L policies with maximum limits of $2,000,000, you may not be adequately covered for work in the construction industry. In addition your contracts may require that you maintain greater levels of coverage. The solution is to purchase an Umbrella or Excess policy layers to sit on top of the underlying coverage and raise the maximum limits. If the Excess policy is based on payroll you only have to include the policy rate with other insurance in your insurance factor. If the policy has a fixed premium you can calculate a rate for the coverage by dividing the fixed premium by your Estimated Annual Payroll.
Sample 1
Excess Liability Insurance. Insuring SUBRECIPIENT for an amount not less than $1,000,000.00 combined single limit bodily injury and property damage liability insurance, including death, in excess of the primary coverage required hereinabove.
Sample 1
Excess Liability Insurance means the policy of excess liability insurance which is described in Section 14.6 hereof and a copy of which is attached to this Agreement as Appendix M.
Sample 1

Related to Excess Liability Insurance

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Property Insurance is defined in Section 6.10(a).

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Excess insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Casualty insurance means liability insurance.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration Trust;

  • First party insurance means an insurance policy or contract in which the insurer

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Credit property insurance means insurance:

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Blanket insurance policy means a group policy covering a defined class of

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.