Res 1993-121 - Laserfiche WebLink

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. . 7 :;.. C- shall furnish to the Owner a certificate or certificates in form satisfactory to the Owner, showing that Consultant has complied with this Paragraph. All certificates shall provide that the po 1 icy shall not be changed or cancelled until at least thirty (30) days' written notice shall have been given to the Owner. Kinds and amounts of insurance required are as follows: Worker's Compensation Insurance: Worker's Compensation Insurance for Consultant's employees in accordance with the provisions of the Worker's Compensation laws of the State of Texas. Liabil ity Insurance: General L iabil ity Insurance in an amount not less than $500,000 per claim and $1,000,000 aggregate, and automobile liability insurance in an amount not less than $250,000 for injuries to anyone person and $500,000 on account of anyone accident and in an amount of not less than $100,000 for property damage. Consu ltant, the Consultant's successors and ~ assigns, hereby agree to maintain the same or similar type, form and amounts of professional 1 iabil ity coverage(s) to cover lawful claims arising before or after completion of this project and as a result of this project for as long as such coverage is reasonably available after the completion of this Agreement or until the expiration of applicable statute(s) of limitations, whichever first occurs. , The stated limits of insurance required by this Paragraph are MINIMUM ONLY and it sha 11 be the Consultant's responsibility to determine what limits are adequate. These minimum limits may be basic policy limits or any combination of basic limits and umbrella limits. The Owner's acceptance of Certificates of Insurance that in any respect do not comply with the requirements of this Agreement does not release the Consultant from compliance herewith. 7.6 The Consu ltant hereby affirms that Consultant and Consultant's firmhave not made or agreed to make any valuable gift whether in the form of -8-