Bollinger ShipyardsBollinger Shipyards

 

WAREHOUSE/YARD ONLY ACCESS:

  1. Worker’s Compensation insurance that complies with the laws of the applicable State where the work is to be performed, and $1,000,000 Employer’s Liability Such insurance shall also contain an alternate/statutory employer endorsement naming Buyer as alternate and statutory employer.
  2. Business Auto Liability insurance with a combined bodily injury and property damage limit of not less than $1,000,000 each occurrence covering all owned, non-owned, hired and/or rented automobiles.
  3. Commercial (or Comprehensive General Liability  insurance  under  the  occurrence  form, including blanket contract liability, completed operations, and products liability with  limits  of  not  less  than $1,000,000 combined single limit per occurrence and $2,000,000 general aggregate for bodily injury and property
  4. If Seller provides Professional services, Professional Liability Insurance with limits of not less than $1,000,000 for errors and omissions in performing professional services.
  5. Excess Liability insurance with a combined bodily injury and property damage limit of not less than $1,000,000 each Excess Liability policy shall follow form of a, b and c above.
  6. All insurance required shall be carried with insurance companies rated not less than AM Best A-VI or which are otherwise acceptable to Buyer shall be named as additional insureds under the business auto, general liability and excess liability policies, which insurance will be primary and non-contributory as regards to any insurance carried by Buyer, and waiver of the right of subrogation shall be granted in favor of Buyer in all of the policies indicated above.
  7. Before engaging in any work or providing any services on Buyer’s premises, Company shall furnish certificates of insurance evidencing the above coverages and requirements, and each insurer’s agreement to give Buyer at least thirty (30) days written notice of cancellation of policy or of any other material changes
  8. Company’s compliance, or failure to comply, with the insurance provisions of this Agreement shall not relieve or limit its obligation to indemnify or hold Buyer harmless where and to the extent required by the provisions of this Agreement.