Laserfiche WebLink
<br />I <br /> <br />I <br /> <br />I <br /> <br />PUWUDRAINAGE INS. <br />Form Approved, A VP-Law Updated 03/01/2003 <br /> <br />C. Workers Compensation and Emplovers Liabilitv insurance mcluding but not limIted to: <br /> <br />. LIcensee's statutory habihty under the workers' compensatIOn laws of the state(s) affected by thIS <br />Agreement <br />. Employers' LIability (Part B) WIth limIts of at least <br />$500,000 each accIdent, $500,000 dIsease policy hmIt <br />$500,000 each employee <br /> <br />If Workers CompensatIon msurance will not cover the habIlity of Licensee in states that reqUIre <br />partICIpatIon m state workers' compensatIon fund, Licensee shall comply with the laws of such states. If <br />LIcensee IS self-insured, evidence of state approval must be prOVIded along with eVIdence of excess <br />workers compensatIon coverage. Coverage shall include habihty ansing out of the U. S. Longshoremen's <br />and Harbor Workers' Act, the Jones Act, and the Outer Contmental Shelf Land Act, If applicable. <br /> <br />The pohcy shall also contain the followmg endorsement which shall be mdIcated on the certificate of <br />msurance: <br /> <br />. Alternate Employer Endorsement <br /> <br />D. Umbrella or Excess Policies In the event Licensee utilizes Umbrella or excess poliCIes, these <br />policies shall "follow form" and afford no less coverage than the primary pohcy. <br /> <br />Other Requirements <br /> <br />E. PumtIve damage exclUSIOn must be deleted, which deletion shall be indicated on the certificate of <br />insurance. <br /> <br />F. LIcensee agrees to WaIve ItS nght of recovery, and ItS insurers, through policy endorsement, agree to <br />WaIve theIr nght of subrogation agamst LIcensor. LIcensee further WaIves ItS nght of recovery, and <br />ItS msurers also waive theIr nght of subrogation agamst LIcensor for loss of ItS owned or leased <br />property or property under ItS care, custody and control. LIcensee's insurance shall be pnmary WIth <br />respect to any insurance carned by Licensor. All waIvers of subrogatIOn shall be indicated on the <br />certificate of insurance. <br /> <br />G. All PohcY(Ies) reqUIred above (excludmg Workers Compensation) shall provide severability of <br />interests and shall name LIcensor as an additional insured. Severability of interest and naming <br />Licensor as additional insured shall be indicated on the certificate of insurance. <br /> <br />H. Prior to commencmg the Work, LIcensee shall furnIsh to LIcensor origmal certificate(s) of msurance <br />eVIdencmg the reqUIred coverage, endorsements, and amendments. The certIficate(s) shall contam a <br />prOVISIOn that obhgates the insurance companY(Ies) Issumg such PohcY(Ies) to notify LIcensor m <br />wrItIng of any cancellatIon or matenal alteratIon. Upon request from Licensor, a certified <br />duplicate original of any required policy shall be furnished. <br /> <br />I. Any insurance policy shall be wntten by a reputable insurance company acceptable to LIcensor or <br />WIth a current Best's Insurance GUIde Ratmg of A- and Class VII or better, and authorized to do <br />busmess m the state(s) m whIch the service IS to be prOVIded. <br />