Increases in Liability Coverage Clause Samples

The "Increases in Liability Coverage" clause establishes the conditions under which a party must raise the limits of their liability insurance during the term of an agreement. Typically, this clause applies if regulatory requirements change, the scope of work expands, or the other party reasonably requests higher coverage to address increased risks. By specifying when and how liability coverage must be increased, the clause ensures that all parties remain adequately protected against evolving risks, thereby minimizing potential financial exposure and maintaining compliance with legal or contractual standards.
Increases in Liability Coverage. The SFA has set the limits for liability coverage in Section XXII. Insurance of this RFP. SFA has determined these limits for liability coverage to be adequate for services described in this RFP. Offerors may not require any additional liability coverage, regardless of dollar value, beyond that which the SFA requires in this RFP. This prohibition would be effective in any situation where the SFA conducts its own procurement or where the selected FSMC procures products on behalf of the SFA.
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Increases in Liability Coverage. The SFA has set the limits for liability coverage in Section
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Related to Increases in Liability Coverage

  • Liability Coverage For the benefit of System Agency, Grantee will at all times maintain liability insurance coverage, referred to in Tex. Gov. Code § 2261.102, as “director and officer liability coverage” or similar coverage for all persons in management or governing positions within Grantee’s organization or with management or governing authority over Grantee’s organization (collectively “responsible persons”). Grantee will: 1. maintain copies of liability policies on site for inspection by System Agency and will submit copies of policies to System Agency upon request. 2. maintain liability insurance coverage in an amount not less than the total value of this Contract and that is sufficient to protect the interests of System Agency in the event an actionable act or omission by a responsible person damages System Agency’s interests. 3. notify, and obtain prior approval from, the System Agency Contract Oversight and Support Section before settling a claim on the insurance.

  • General Liability Coverage The CONTRACTOR shall maintain commercial general liability insurance in an amount of not less than one million dollars ($1,000,000) per occurrence for bodily injury, personal injury, and property damage. If a commercial general liability insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit.

  • Automobile Liability Coverage Consultant shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non- owned vehicles, in an amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence.

  • Professional Liability Coverage Consultant shall maintain professional errors and omissions liability insurance for protection against claims alleging negligent acts, errors or omissions which may arise from Consultant or by its employees, or subcontractors. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single-limit per occurrence basis.

  • ’ Compensation and Employer’s Liability Coverage The Grantee shall provide workers’ compensation, in accordance with Chapter 440, F.S. and employer liability coverage with minimum limits of $100,000 per accident, $100,000 per person, and $500,000 policy aggregate. Such policies shall cover all employees engaged in any work under the Grant.