Examples of Liability Limits in a sentence
Employers Liability Limits shall be at least $100,000 per occurrence and for occupational disease.
Liability Limits General Aggregate Products/Completed Operation Aggregate Each Occurrence Personal/Advertising Injury Primary General Liability $2,000,000 $2,000,000 $1,000,0000 $1,000,000 Umbrella or Excess Liability* $5,000,000 $5,000,000 $5,000,000 $5,000,000 *Umbrella or Excess Liability does not apply to projects totaling $500, 000 or under.
B) General Liability: Limits Required: $1,000,000 Per Occurrence/$2,000,000 Aggregate per year.
Specialty vendors/contractors may be required to carry additional insurance such as higher Liability Limits, Pollution Liability, Professional Errors and Omissions or Contractors Liability as deemed necessary by Buyer.
In lieu of having two bonds, an employer may acquire a dual bond with separate Liability Limits such that 50% of the dual bond will cover wages, assessments, employee authorized deductions and the other 50% of the dual bond shall cover the remaining fringe benefit funds set forth in the Collective Bargaining Agreement in Article IX.