Laserfiche WebLink
either the named insured or Organization <br />Acceptability of Insurers <br />Insurance, Is to be. placed with Insurersauthorized to conduct business in. the. state <br />with a current AN. Best's rating of no less than A:VII, unless otherwise acceptable to <br />the Organization. <br />Claims Made Policies (note — should be applicable. only to professional liability, <br />see below) <br />If any the required policies provide claims -made coverage: <br />I. The Retroactive Date must be: shown, and must be before the date of the contract <br />orthebeginning of contract work. <br />2. Insurance must be maintained and evidence of insurance must be provided for at <br />least five (6) years after completion of the contract of work <br />3. If coverage is canceled or nowenewed, and not replaced with another claims- <br />made policy -form with a Retroactive Date priorto the contract effective date, the <br />Assistance Leaguemust purchase "extended reporting" coverage for a minimum of <br />five (6) years after completion of work, <br />Verification of Coverage <br />Assistance League shall furnish the Organization with original Certificates of Insurance <br />including all required amendatory endorsements (or copies of the applicable policy <br />language effecting coverage requiredby this clause) and a copy of the Declarations and <br />Endorsement Page of the CGL policylisting allpolicy endorsements to Organization <br />before work begins. However, failure to obtain the required documents prior to the work <br />beginning shall not waive the Assistance League's obligation to provide them. <br />The Organization reserves the right to require complete, certified copies of all required <br />insurance policies, including endorsements required by these specifications, at any <br />time. <br />Special Risks or Circumstances <br />Organization reserves therightto.modify these requirements. <br />F. Indemnification. Assistance League agrees to defend, and shall indemnify and hold <br />harmless the Organization, its officers, agents, employees, contractors, special counsel, <br />and representatives from liability: (1) for personal injury, damages, just compensation, <br />restitution, judicial or equitable relief arising out of claims for personal injury, including <br />death, and claims for property damage, which may arise from the negligent operations <br />of the Assistance League; Its subcontractors, agents, employees, or other persons <br />acting on Its behalf which relates to the services described in this Agreement; and (2) <br />from any claim that personal injury; damages,. just. compensation, restitution, judicial or <br />equitable relief is due by reason of the terms of or effects arising from this Agreement. <br />This indemnity and hold harmless agreement applies to all claims for damages, just <br />compensation, restitution, judicial or equitable relief suffered, or alleged to have been <br />suffered, by reason of the events referred to in this Section or by reason of the terrns of, <br />or effects, arising from this Agreement. Assistance League further agrees to indemnify; <br />hold harmless, and pay all costs for the defense of the Organization, Including foes and <br />Costs for special counsel to be selected by the Organization, regarding any.action by a <br />third party challenging the validity of this Agreement,, or asserting that personal injury,. <br />damages, just compensation, restitution, judicial or equitable relief due to personal or <br />Property rights arises by reason of the terms of, or effects arising from this Agreement. <br />Organization may make all reasonable decisions with respect to Its representation in any <br />legal proceeding. Notwithstanding the foregoing, to the extent Assistance League's <br />services are subject to Civil Code Section 2782.8,>the above indemnity shall be limited, <br />to the extent required by Civil Code Section 2782.8, to claims that arise out of, pertain <br />