OTHER INSURANCE OR COVERAGE Sample Clauses

The "Other Insurance or Coverage" clause defines how an insurance policy interacts with other existing insurance policies or sources of coverage that may apply to the same loss or claim. Typically, this clause outlines whether the policy will provide coverage on a primary, excess, or pro-rata basis when another policy also covers the incident. For example, if a policyholder has two insurance policies that could both respond to a claim, this clause determines which insurer pays first and how much each is responsible for. Its core function is to prevent double recovery and clarify the order and extent of payment obligations among multiple insurers, thereby reducing disputes and ensuring fair allocation of liability.
OTHER INSURANCE OR COVERAGE. If there is other similar coverage or source of recovery that applies:
View SourceView Similar (4)
OTHER INSURANCE OR COVERAGE. A. If a claim is made that could be covered under more than one line of coverage offered by the Fund, the Fund will determine which line of coverage, limits and deductibles apply. It is the intention of this provision that there shall be no accumulation or stacking of coverage.
View SourceView Similar (3)
OTHER INSURANCE OR COVERAGE. A. If a claim is made that could be covered under more than one line of coverage offered by the Fund, the Fund will determine which line of coverage, limits, and deductibles apply. It is the intention of this provision that there be no accumulation or stacking of coverage. B. Coverage as provided by this Coverage Agreement shall apply as excess over any other insurance or coverage that applies to a claim or loss regardless of whether the other insurance or coverage applies on a primary, excess, or contingent coverage basis. If a loss covered by both this Coverage Agreement and other insurance or coverage applies on an excess basis, the Fund will not pay for a greater proportion of the claim or loss than that stated in the applicable contribution provision below:
View SourceView Similar (2)
OTHER INSURANCE OR COVERAGE. The following provisions apply to the availability of other coverage, including insurance:
View Source

Related to OTHER INSURANCE OR COVERAGE

  • Other Insurance If requested by the Director, Contractor shall furnish adequate evidence of Social Security and Unemployment Compensation Insurance, to the extent applicable to Contractor’s operations under this Agreement.

  • Other Insurance Provision The Consultant’s Automobile Liability and Commercial General Liability insurance policies are to contain, or be endorsed to contain that they shall be primary insurance as respect to the City. Any Insurance, self-insurance, or self-insured pool coverage maintained by the City shall be excess of the Consultant’s insurance and shall not contribute with it.

  • Liability Insurance and Funding For the duration of Indemnitee’s service as a director and/or officer of the Company and for a reasonable period of time thereafter, which such period shall be determined by the Company in its sole discretion, the Company shall use commercially reasonable efforts (taking into account the scope and amount of coverage available relative to the cost thereof) to cause to be maintained in effect policies of directors’ and officers’ liability insurance providing coverage for directors and/or officers of the Company, and, if applicable, that is substantially comparable in scope and amount to that provided by the Company’s current policies of directors’ and officers’ liability insurance. Upon reasonable request, the Company shall provide Indemnitee or his or her counsel with a copy of all directors’ and officers’ liability insurance applications, binders, policies, declarations, endorsements and other related materials. In all policies of directors’ and officers’ liability insurance obtained by the Company, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits, subject to the same limitations, as are accorded to the Company’s directors and officers most favorably insured by such policy. Notwithstanding the foregoing, (i) the Company may, but shall not be required to, create a trust fund, grant a security interest or use other means, including, without limitation, a letter of credit, to ensure the payment of such amounts as may be necessary to satisfy its obligations to indemnify and advance expenses pursuant to this Agreement and (ii) in renewing or seeking to renew any insurance hereunder, the Company will not be required to expend more than 2.0 times the premium amount of the immediately preceding policy period (equitably adjusted if necessary to reflect differences in policy periods).

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

  • Indemnity Insurance a. The Service Provider agrees to indemnify and save harmless the City, its officers, agents and employees against and from any and all actions, suits, claims, demands or liability of any character whatsoever brought or asserted for injuries to or death of any person or persons, or damages to property arising out of, result from or occurring in connection with the performance of any service hereunder. b. The Service Provider shall take all necessary precautions in performing the work hereunder to prevent injury to persons and property. c. Without limiting any of the Service Provider's obligations hereunder, the Service Provider shall provide and maintain insurance coverage naming the City as an additional insured under this Agreement of the type and with the limits specified within Exhibit C, consisting of one (1) page, attached hereto and incorporated herein by this reference. The Service Provider before commencing services hereunder, shall deliver to the City's Purchasing Director, P. O. ▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, Colorado 80522, one copy of a certificate evidencing the insurance coverage required from an insurance company acceptable to the City.