Common use of Minimum Coverages Clause in Contracts

Minimum Coverages. Insurance coverage shall be with limits not less than the following: 2339 Commercial General Liability – $10,000,000 combined single limit per occurrence for 2340 bodily injury, personal injury, and property damage. 2341 Automobile Liability – $10,000,000 combined single limit per accident for bodily injury and 2342 property damage (include coverage for hired and non-owned vehicles). 2343 Workers’ Compensation – Statutory Limits/Employers’ Liability - $1,000,000/accident for 2344 bodily injury or disease. 2345 Blanket Fidelity/Crime Policy – $500,000 per event covering the City for any and all acts 2346 including, but not limited to, dishonesty, forgery, alteration, theft, disappearance, and 2347 destruction (inside or outside). 2348 General Liability and Auto Liability Limits of Insurance may be satisfied by a combination of 2349 primary and umbrella or excess insurance.

Appears in 1 contract

Sources: Franchise Agreement

Minimum Coverages. Insurance coverage shall be with limits not less than the following: 2339 2508 Commercial General Liability – $10,000,000 combined single limit per occurrence for 2340 bodily 2509 injury, personal injury, and property damage. 2341 2510 Automobile Liability – $10,000,000 combined single limit per accident for bodily injury and 2342 2511 property damage (include coverage for hired and non-owned vehicles). 2343 2512 Workers’ Compensation – Statutory Limits/Employers’ Liability - $1,000,000/accident for 2344 2513 bodily injury or disease. 2345 2514 Blanket Fidelity/Crime Policy – $500,000 per event covering the City for any and all acts 2346 2515 including, but not limited to, dishonesty, forgery, alteration, theft, disappearance, and 2347 2516 destruction (inside or outside). 2348 2517 General Liability and Auto Liability Limits of Insurance may be satisfied by a combination of 2349 2518 primary and umbrella or excess insurance.

Appears in 1 contract

Sources: Franchise Agreement