Common use of LIMITS REQUIRED Clause in Contracts

LIMITS REQUIRED. The [Vendor] shall carry the following limits of liability as required below: General Aggregate $2,000,000 Products/Completed Operations Aggregate $2,000,000 Each Occurrence Limit $1,000,000 Personal/Advertising Injury $1,000,000 Damage to Rented Premises $50,000 Medical Payments (Any One Person) $5,000 Each Occurrence $1,000,000 Aggregate $2,000,000 Bodily Injury/Property Damage (Each Accident) $1,000,000 Personal Injury Protection (if applicable) Statutory Coverage A (Workers’ Compensation) Statutory Coverage B (Employers’ Liability) $1,000,000 $1,000,000 $1,000,000 Crime Coverage (if applicable) 50% of the contract value or $100,000, whichever is greater

Appears in 3 contracts

Sources: Vendor Agreement, Vendor Agreement, Vendor Agreement