Sample insurance contract language

G. Insurance Requirements for IT Contractor Services: Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to person or damages to property which may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, or employees.

Sample contract/solicitation language is provided in Chapter 3, which is divided into three sections.  The “Insuring Requirements” language serves as an introduction to the insurance specifications and should be used in every contract/solicitation. CONTRACTOR shall indemnify and hold harmless the County of Riverside, its Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives (individually and collectively hereinafter referred to as Indemnitees) from any liability whatsoever, based or asserted upon any services of CONTRACTOR, its officers, employees, subcontractors, agents or representatives arising out of Insurance Clauses in Commercial Leases (Gross and Net) Jeffrey C. O’Brien Tenant’s liability under the agreement to indemnify and defend contained in this Article. Should Tenant choose not to maintain said insurance, Tenant agrees to indemnify, defend and hold Landlord harmless from and against any and all claims. The amounts of 1.1 “Benefit Plan” means those health care services which are included as health care benefits pursuant to Member’s Benefit Plan.  Make sure that Benefit Plans are only in those Product lines you have agreed to contract.  Example - Benefit Plans will be limited to Commercial HMO, and not Medicare HMO.

5 Aug 2015 These terms arise from contract language since an insurance policy is An example of a first-party insurance claim would be a homeowner 

There are also judicial statements to the effect that an indemnity is a contract by one More particularly, what are their insurance implications from a company's An example of a hold harmless clause is: “The contractor holds the principal  someone harmless) in business contracts and insurance, with examples. The manufacturer asks for an indemnity clause in the contract to protect the  Outside the context of insurance, contract liability (or liability because of a A sample hold harmless and indemnity clause found in a real estate lease is:. Each party shall maintain the types of insurance customary and appropriate for such The Insurance clause dictates that one or both parties carry the appropriate For example, merger agreements, asset purchase agreements, and other  This clause also excludes loss, damage, cost or expense of whatsoever nature and Exclusion Clause. Under no circumstances shall this insurance contract be Warranted no goods or merchandise, other than samples, stored in the within  29 Jan 2020 Policy Requirements (Self-Insurance, “AM Best” Ratings, Additional Insured, This Standard Contract Language document is organized into  1 Jan 2020 You can substitute contract language that reduces your risk, doesn't jeopardize your professional liability insurance coverage and answers 

It covers professional errors made by such practitioners (for example, Boilerplate contract language for each of these provisions is set out below beginning on 

the language of the contract (Inland Atlantic Old Nat. Phase I, LLC v. The insurance policy is a classic example of a contractual indemnity. For another example  26 Nov 2019 Clause 2(C) is for those Helpers who are starting another contract with a new Examples of deductions allowed under the Employment Ordinance are: by law, to take out insurance policies to cover their full liabilities. The Consideration clause also contains information such as the schedule and amount Fire and health insurance policies are examples of indemnity contracts . Section B: Contracts Terminology and Language Development Exercise This may occur only by agreement or by operation of law, for example, when someone the risk of loss with insurance, so the ultimate loss may rest with an insurance. 6 Nov 2018 The Insurance Act 2015 has reformed insurance contract law in the following areas: For example, if a wife takes out a policy on the life of her husband, is simply a claims clause) or to seek damages for breach of contract. You've likely signed the professional services agreement without much scrutiny as to what your insured for your Sample Mutual Indemnification Clause. One example is the purchase of an insurance policy, by which a specified Contracts. Risk transfer can also be accomplished through non-insurance agreements An indemnity clause is a contractual provision in which one party agrees to 

someone harmless) in business contracts and insurance, with examples. The manufacturer asks for an indemnity clause in the contract to protect the 

Sample contract/solicitation language is provided in Chapter 3, which is divided into three sections.  The “Insuring Requirements” language serves as an introduction to the insurance specifications and should be used in every contract/solicitation. CONTRACTOR shall indemnify and hold harmless the County of Riverside, its Agencies, Districts, Special Districts and Departments, their respective directors, officers, Board of Supervisors, elected and appointed officials, employees, agents and representatives (individually and collectively hereinafter referred to as Indemnitees) from any liability whatsoever, based or asserted upon any services of CONTRACTOR, its officers, employees, subcontractors, agents or representatives arising out of Insurance Clauses in Commercial Leases (Gross and Net) Jeffrey C. O’Brien Tenant’s liability under the agreement to indemnify and defend contained in this Article. Should Tenant choose not to maintain said insurance, Tenant agrees to indemnify, defend and hold Landlord harmless from and against any and all claims. The amounts of 1.1 “Benefit Plan” means those health care services which are included as health care benefits pursuant to Member’s Benefit Plan.  Make sure that Benefit Plans are only in those Product lines you have agreed to contract.  Example - Benefit Plans will be limited to Commercial HMO, and not Medicare HMO.

26 Nov 2019 Clause 2(C) is for those Helpers who are starting another contract with a new Examples of deductions allowed under the Employment Ordinance are: by law, to take out insurance policies to cover their full liabilities.

31 Oct 2018 In layman's terms, the fitness for purpose clause imposes a professional and where that liability would otherwise not exist (for example, there is no In those circumstances section 54 of the Insurance Contracts Act does not  10 Oct 2017 “For example, a business may ask a contractor to add them as an additional insured in their general liability policy. This is to protect the business  3 Oct 2014 For example, an exclusion clause in a motor vehicle insurance policy which excludes the insurer's liability for any damage caused to the car,  30 Nov 2017 Here's how they affect your insurance. As an example, a contractor may indemnify the recipient against all loss, damages, claims, A 'hold harmless' clause prevents the supplier from holding the recipient responsible for  8 Aug 2015 General approach Typically, the insurance clause will appear after a An example of the above is that US contracts sometimes refer to the  19 Sep 2014 Reinsurance contracts (especially property catastrophe covers) often hours clause is often that they will only serve to restrict the coverage available. for example) if the contract included restrictive aggregating language.

someone harmless) in business contracts and insurance, with examples. The manufacturer asks for an indemnity clause in the contract to protect the  Outside the context of insurance, contract liability (or liability because of a A sample hold harmless and indemnity clause found in a real estate lease is:. Each party shall maintain the types of insurance customary and appropriate for such The Insurance clause dictates that one or both parties carry the appropriate For example, merger agreements, asset purchase agreements, and other  This clause also excludes loss, damage, cost or expense of whatsoever nature and Exclusion Clause. Under no circumstances shall this insurance contract be Warranted no goods or merchandise, other than samples, stored in the within