Supplier Insurance

Supplier agrees to maintain the insurance coverage set forth below during the Term and for a period of 3 years after expiration of this Agreement. Insurance required to be provided by this Section shall be primary and without right of contribution or subrogation from insurance carried by Buyer, and name Buyer as an additional insured (except for workers’ compensation and professional liability).

 

a. Workers' Compensation Insurance in accordance with statutory requirements and Employers' Liability Insurance with a minimum of $1,000,000 each occurrence.

 

b. Commercial General Liability Insurance (occurrence form) including premises, contractual liability, products liability, completed operations, independent contractors, broad form property damage and coverage for damage caused by explosion, collapse or structural injury and damage to underground utilities with the following minimum limits of liability:

i. Bodily injury: $2,000,000 each occurrence

ii. Property damage: $2,000,000 each occurrence

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c. Automobile Liability Insurance including coverage for all owned, non-owned and hired automobiles used by Supplier in the performance of the Services with the following minimum of liability:

i. Bodily injury: $2,000,000 each occurrence

ii. Property damage: $2,000,000 each occurrence

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d. Professional Liability Insurance, as applicable, covering professional Services provided by Supplier under this Agreement at a minimum of liability of $2,000,000 each occurrence.

 

e. Umbrella and/or Excess Insurance with a minimum limit of $10,000,000 in the aggregate to apply in excess of coverage outlined above.

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f. Any other forms and limits of insurance, usual to your business, providing of goods or services to INCOM Manufacturing Group