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Benevate Inc. SAAS Subscription Agreement
<br />EXHIBIT C
<br />INSURANCE REQUIREMENTS
<br />Company shall procure and maintain for the duration of the contract insurance against claims for
<br />security breaches, system failures, injuries to persons, damages to software, and damages to property
<br />(including computer equipment), theft, or other misuse of Customer's data, infringement of intellectual
<br />property, invasion of privacy and breach of data, which may arise from or in connection with the
<br />performance of the work hereunder by Company, its agents, representatives, or employees.
<br />MINIMUM SCOPE AND LIMIT OF INSURANCE
<br />Coverage shall be at least as broad as:
<br />1. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an
<br />"occurrence" basis, including products and completed operations, property damage, bodily injury and
<br />personal & advertising injury with limits no less than $1,000,000 per occurrence and $2,000,000 general
<br />aggregate.
<br />2. Automobile Liability: Insurance Services Office Form Number CA 0001 covering, Code 1(any auto), or
<br />if Consultant has no owned autos, Code 8 (hired) and 9 (non -owned), with limit no less than $1,000,000
<br />per accident for bodily injury and property damage.
<br />3. Workers' Compensation insurance as required by the State of California, with Statutory Limits, and
<br />Employer's Liability Insurance with limit of no less than $1,000,000 per accident/per employee for bodily
<br />injury or disease.
<br />4. Cyber Liability Insurance, with limits not less than $2,000,000 per occurrence or claim and $2,000,000
<br />aggregate. Coverage shall be sufficiently broad to respond to the duties and obligations as is undertaken
<br />by Vendor in this agreement and shall include, but not be limited to, claims involving security breach,
<br />system failure, data recovery, business interruption, cyber extortion, social engineering, infringement of
<br />intellectual property, including but not limited to infringement of copyright, trademark, trade dress,
<br />invasion of privacy violations, information theft, and release of private information. The policy shall
<br />provide coverage for breach response costs, regulatory fines and penalties as well as credit monitoring
<br />expenses.
<br />5. Technology Professional Liability Errors and Omissions Insurance appropriate to the Consultant's
<br />profession and work hereunder, with limits not less than $2,000,000 per occurrence and $2,000,000
<br />aggregate. Coverage shall be sufficiently broad to respond to the duties and obligations as is undertaken
<br />by the Vendor in this agreement and shall include, but not be limited to, claims involving business
<br />interruption, damage to or destruction of electronic information, and alteration of electronic
<br />information. The policy shall provide coverage for Company's failure to provide professional services
<br />and/or products under this Agreement. The Policy shall include, or be endorsed to include, damage to,
<br />alteration of, loss of, or destruction of electronic data and/or information "property" of Customer in the
<br />care, custody, or control of Company.
<br />If Company maintains broader coverage and/or higher limits than the minimums shown above for any
<br />line of coverage, Customer requires and shall be entitled to the broader coverage and/or the higher
<br />limits maintained by Company. Any available insurance proceeds in excess of the specified minimum
<br />limits of insurance and coverage shall be available to Customer.
<br />Other Insurance Provisions
<br />The insurance policies are to contain, or be endorsed to contain, the following provisions:
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