05-G MMI Contract - PD - Laserfiche WebLink

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ARTICLE IX INSURANCE 9.1 Without limiting any of the other obligations or liabilities of MMI, MMI shall, during the term of the Agreement, purchase and maintain the following minimum insurance with companies duly licensed in the State of Texas and rated A- or better by A. M. Best. PPD shall be named as an additional insured on all required policies except Workers ' Compensation. Certificates of Insurance of each policy covering the MMI with a statement by the issuing company to the extent that said policies shall not be canceled without thirty (30) days prior notice being given PPD, shall be delivered to PPD and reviewed for sufficiency by PPD's Risk Manager before the Agreement is executed or any activities commenced: A. Workers' Compensation as required by Texas law with the policy endorsed to provide a waiver of subrogation as to PPD. Employer's Liability Insurance of no less than $1,000,000 for each accident. B. Commercial General Liability Insurance, including Independent MMI's Liability, Completed Operations and Contractual Liability, covering, but not limited to, the liability assumed under the indemnification provisions of the Agreement, fully insuring MMI's liability for injury liability coverage, and for damage to property of third parties, with the following limits: General Aggregate $2,000,000 Products, Completed Operations Aggregate $2,000,000 Each Occurrence $1,000.000 Medical Expense $ 10,000 Personal & Advertising Injury $1,000.000 Fire Damage $ 30,000 Business automobile policy, covering owned, hired and non-owned vehicle with minimum limits of $1,000,000 combined single limit. C. NINII's insurance shall be primary and shall be endorsed to provide a waiver of subrogation in favor of PPD. D. Deductibles on each insurance policy shall be no greater than $5,000. MMI shall be responsible for the payment of all deductibles. ARTICLE X WARRANTY Page 6 of 9