Coverage Elections Clause Samples
The Coverage Elections clause defines the specific insurance coverages that a party must obtain or maintain under a contract. It typically outlines the types and limits of insurance required, such as general liability, professional liability, or property insurance, and may specify additional insureds or waiver of subrogation provisions. By clearly stating these requirements, the clause ensures that all parties are adequately protected against potential risks and liabilities arising from the contractual relationship.
Coverage Elections. At each Annual Enrollment, each employee may elect for himself or herself and any eligible Dependents any of the insurance options that require elections provided under this Article 3.