Insurance and Surety. The Charter School shall maintain at its sole cost and expense, without reimbursement, adequate policies in the areas of Comprehensive or Commercial General Liability; Worker’s Compensation; Property Insurance to address business interruption and casualty needs including fire and other hazards with replacement costs coverage for all assets listed in the Charter School’s property inventory and consumables; Comprehensive or Business Automobile Liability; Professional or Directors Liability to cover errors and omissions; and a surety bond for the chief financial officer of the School.
Insurance and Surety. 8.1 Charter Operator shall provide and maintain, or cause to be maintained, such insurance that shall protect Charter School from claims under Worker’s Compensation Acts, including but not limited to the Louisiana Workers’ Compensation Act, and any other claims for damages or personal injuries including death that may arise from operations under this Operating Agreement, whether such operation be by Charter School directly or by any contractor, subcontractor, or by anyone directly or indirectly employed by either of them. Without limiting any obligations or liabilities of Charter Operator under this Operating Agreement, Charter Operator shall provide and maintain during the course of this Operating Agreement, at its sole cost and own expense, without reimbursement, minimum insurance coverage as follows:
Insurance and Surety. (i) Section 3.1(x) of the Disclosure Letter lists the insurance policies which are maintained by the Vendor for Seaway, Stablex and Gulfstream setting out, in respect of each policy, the type of policy, the name of insurer, the coverage allowance, the expiration date and the annual premium paid by the Vendor for such policies. Except as disclosed in Section 3.1(x) of the Disclosure Letter:
Insurance and Surety
