Umbrella/Excess Liability definition
Umbrella/Excess Liability. The CONSULTANT shall provide umbrella/excess coverage with limits of no less than $2,000,000 excess of Commercial General Liability, Automobile Liability and Employer’s Liability.
Umbrella/Excess Liability. The Contractor shall provide umbrella/excess coverage with limits of no less than $2,000,000 excess of Commercial General Liability,
Umbrella/Excess Liability means the insurance policy that Developer must require contractors to comply with as set forth in more detail in Section 2.08(b)(v).
Examples of Umbrella/Excess Liability in a sentence
The Umbrella / Excess Liability must be at least as broad as the underlying general liability and automobile liability policies.
More Definitions of Umbrella/Excess Liability
Umbrella/Excess Liability. Properties not in the Hospitality or “Assisted Living” industries must provide Umbrella and/or Excess Liability coverage evidencing a limit of not less than $5,000,000 per occurrence and in the aggregate with a Self-Insured Retention (SIR) not greater than $10,000 over all required underlying liability policies. PPM reserves the right to require higher limits from properties where liquor is sold. Properties in the Hospitality and “Assisted Living” industries must provide Umbrella and/or Excess Liability coverage evidencing a limit of not less than $10,000,000 per occurrence and in the aggregate with a Self-Insured Retention (SIR) not greater than $10,000 over all required underlying liability policies. Limits provided by the Umbrella/Excess Liability policies must be excess over all the policy extensions and the required underlying liability coverages and policies, including Liquor Liability.
Umbrella/Excess Liability. Coverage in an amount no less than One Million Dollars ($1,000,000) for each occurrence; and All such insurance shall be carried with companies with A-/VII Best’s rating, such policies shall name the Comcast entity first above-referenced and its parents, affiliates and subsidiaries and its and their employees and agents as additional insured parties. SECTION V
Umbrella/Excess Liability. If the contract amount is in excess of $100,000.00, then umbrella and/or excess liability insurance shall contain limits of not less than $5,000,000.00 each occurrence, offense, or event. All insurance shall be taken out and maintained at no cost or expense to STS and the Engineer shall be responsible for the full amount of any deductible or any self-insurance that may exist. It is understood that the above insurance may not include standard liability coverage for pollution and/or environmental impairment. However, the Engineer agrees to acquire and maintain pollution and environmental impairment coverage as part of this Professional Liability Insurance if such insurance is applicable to the services to be performed by the Engineer under this Agreement as soon as such coverage is available. Failure of the Engineer to maintain insurance coverage in accordance with the terms of the Agreement shall not relieve the Engineer of its obligation to defend and indemnify STS from any and all claims arising out of any act or omission of the Engineer.