PITNEY BOWES PRESORT SERVICES, LLC (2)

Home Browse Search

EXHIBIT B INSURANCE REQUIREMENTS PUPS shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder and the results of that work by the PUPS, his agents, representatives, employees or subcontractors. MINIMUM SCOPE AND LIMIT OF INSURANCE Coverage shall be at least as broad as: • Commercial General Liability (CGL): Insurance Services Office Fonn CG 00 01 covering CGL on an "occurrence" basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $1,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the required occurrence limit • Workers' Compensation: as required by the State of California, with Statutory Limits, and Employer's Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease. If the PBPS maintains broader coverage and/or higher limits than the minimums shown above, the Client requires and shall be entitled to Due broader coverage and/or the higher limits maintained by the PBPS. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the Client. Other Insurance Provisions The insurance policies are to contain, or be endorsed to contain, the following provisions: Additional Insured Status The Client, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out of work or operations performed by or on behalf of the PBPS including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement to the PBPS's insurance (at least as broad as ISO Form CG 20 10 It 85 or if not available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 if a later edition is used). Primary Coverage For any claims related to this contract, the PBPS's insurance coverage shall be primary coverage at least as broad as ISO CG 20 01 04 13 as to any loss to the extent caused by PBPS as respects the Client, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the Client, its officers, officials, employees, or volunteers shall be excess of the PBPS's insurance and shall not contribute with it. Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to the Client. Waiver of Subrogadon PBPS hereby grants to Client a waiver of any right to subrogation which any insurer of said PBPS may acquire against the Client by virtue of the payment of any loss under such insurance. PBPS agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the Client has received a waiver of subrogation endorsement from the insurer. Acceptability of Insurers Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the Client. Verification of Coverage PBPS shall famish the Client with original Certificates of Insurance including all required amendatory endorsements (or copies of the applicable policy language effecting coverage required by this clause. However, failure to obtain the required documents prior to the work beginning shall not waive the PBPS's obligation to provide them. The Client reserves the right to require complete, copies of all required insurance policies, including endorsements required by these specifications, at any time. Page 14 of 15 Proprietary and Confidential Information PBPS Contact Management — Oct 2023