기계장비 북미수출건

Insurance and Loss Prevention.

Supplier will, at no cost to *** or any other Authorized Purchaser, maintain the following minimum insurance in full force and effect throughout the term of the Agreement:   (i) commercial general liability, including premises/products/completed operations and personal injury coverage, with coverage of not less than $1,000,000 USD combined single limit per occurrence and $2,000,000 USD annual aggregate; (ii) umbrella liability, including products/completed operations, with limits of not less than $5,000,000 USD each occurrence; (iii) automobile liability with limits of not less than $1,000,000 USD each accident, bodily injury and property damage combined; (iv) workers’ compensation and employer’s liability in compliance with all statutory regulations in any state or country where any of the Products are provided, manufactured or delivered; (v) electronics errors and omissions coverage that covers claims arising out of design specifications provided by Supplier; and (vi) property insurance, all-risk, subject to standard exclusions that covers *** property while in Supplier’s care, custody or control.

해당상품: CGL/PL/Completed OPerations/Umbrella/Automobile/해외근재/E&O/CCC

결제시스템 북미수출건

Insurance.

During the Term of this Agreement or any renewal term, Developer shall, at its sole expense, maintain insurance in the following minimum amounts with Client as an additional insured:(i) Commercial General Liability Insurance of not less than USD $10,000,000, including coverage for products/completed operations, contractual liability and property damage, bodily injury, or death of persons, and/or loss of or damage to property of parties other than Client on a primary, non-contributory basis and a waiver of subrogation in favor of Client;(ii) Workers Compensation Insurance in accordance with the statutory requirements where the Work is to be performed; Developer shall provide a waiver of subrogation if applicable.(iii) Professional Liability or Errors & Omissions Global Insurance in the amount of USD $5,000,000 per claim;(iv) Cyber Liability Global Insurance in the amount of USD $5,000,000 per claim providing coverage for Broad Form Privacy Injury and Network Security Liability; (v) Global Product Liability Insurance for foreign liability with limits of not less than USD $5million per claim.(vi) Third Party Fidelity Insurance in the amount of USD $1,000,000 to protect Client from theft by contractor or its employees. Developer shall furnish Client certificates evidencing insurance coverage before work is commenced under this Agreement and shall provide renewal certificates of insurance so long as this Agreement is valid.  All certificates of insurance shall provide that the insurance company will give thirty (30) days written notice prior to the cancellation of or any change in the stated coverage of such insurance.

해당상품:CGL/PL/해외근재/E&O/Cyber/Crime(DDD)

산업용 호스 북미수출건

Insurance.

Supplier will maintain, during the term of this Agreement, all insurance and/or bonds required by Law and necessary to satisfy its obligations under this Agreement, including without limitation, its obligations set forth in Section 27. hereof. Such insurance shall apply globally and shall respond in all jurisdictions. At a minimum and without limiting the foregoing covenant,Supplier will maintain the following insurance: 1 Commercial General Liability Insurance, on an occurrence basis, including but not limited to, premises-operations, broad form property damage, Products/completed operations, contractual liability, independent contractors, and personal injury, with limits of at least $12,000,000 combined single limit for each occurrence. 2 Automobile Liability Insurance, Comprehensive Form, with limits of at least $500,000 combined single limit for each occurrence. 3 Recall Liability Insurance, with limits of at least $5,000,000 combined single limit for each occurrence. 4 Excess Liability, in the umbrella form, with limits of at least $5,000,000 combined single limit for each 5 Errors and Omission Insurance with limits of at least $5,000,000 combined single limit for each occurrence. 6 Worker’s Compensation Insurance as required by Law and Employer’s Liability Insurance with limits of not less than $1,000,000 per occurrence.

해당상품 : CGL/E&O/PL/Automobile/Recall/Umbrella/해외근재