SMART COMMUNICATIONS HOLDING, INC.

Home Browse Search

CORRECTIONS SIMPLIFIED. Other Insurance Provisions Smart www.smancemmunicalians.ss lg 800-253.5178 F 10491 7T' St. I. Seminole, FL 33777 ' The insurance policies are to contain, or be endorsed to contain, the following provisions: Additional Insured Sttdus The Entity, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out ofwork or operations performed by or on behalf of the Consultant including materials, parts, or equipment furnished in conneetionwith such work or operations. General liability coverage can be provided in the form of an endorsement to the Consultant's insurance (at least as broad as ISO Form CG 20 10 11 85 or bothCG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 forms if later revisions used). Primary Coverage For any claims related to this contract, the Consultant's insurance coverage shall be primary insurance primary coverage at least as broad as ISO CG 20 Of 04 I3 as respects the Entity, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the Entity, its officers, officials, employees, or volunteers shall be excess of the Consultant's insuranceand shall not contribute with it. Notice of'Cancellation Each insurance policy required above shall state that coverage shall not be canceled, except with notice to the Entity. Waiver of Subrogation Consultant hereby grants to Customer a waiver of any right to subrogation which any insurer of said Consultant may acquire against the Customer by virtue of the payment of any loss under such insurance. Consultant agrees to obtain any endorsement that may be necessary to affect this waiverof subrogation, but this provision applies regardless of whether or not the Customer has received a waiver of subrogation endorsement from the insurer. Self -'Insured Retentions Self -insured retentions must be declared to and approved by the Entity. The Customer may require theConsultant to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self -insured retention may be satisfied by either the named insured or Entity. Acceptability of'Insurers Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the Entity. Claims blade Policies If any of the required policies provide coverage on a claims -made basis: I. The Retroactive Date must be shown and must be before the date of the contract or the beginning of contract work. 2. Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after completion of the contract of work. 3. If coverage is canceled or non -renewed, and not replaced with anotherelainrs-madepolicyfornn with a Retroactive Date prior to the contract effective date, the Consultant must purchase "extended reporting" coverage for a minimum offe"ve (5) years after completion of contract work. Verification of Coverage Page 4 of 8 Master Services Agreement I City of Santa Ana