Insurance Requirements
Insurance Requirements
The Tenant shall provide the following minimum insurance coverage:
- Commercial General Liability
- Combined Single Limit - $1,000,000 per occurrence and $2,000,000 annual aggregate per location. (Such insurance shall be broad form and include, but not be limited to, contractual liability, independent contractor's liability, products and completed operations liability, and personal injury liability. A combination of primary and excess policies may be utilized. Policies shall be primary and noncontributory.)
Worker's Compensation - Statutory Limits:
- Employer's Liability
- With minimum liability limits of $500,000 bodily injury by accident each accident, $500,000 bodily injury by disease policy limit; $500,000 bodily injury each employee.
- Property Insurance
- All-risk, replacement cost property insurance to protect against loss of owned or rented equipment and tools brought onto and/or used on any Property by the Service Contractor.
- Excess/Umbrella liability - $1,000,000