21. Insurance. Supplier agrees to carry
insurance covering product liability and general liability in
amounts of not less than $5,000,000.00 per
occurrence. The limits required may be met by a combination of primary and
umbrella liability policies. Supplier further agrees to maintain professional
liability (Errors and Omissions) insurance for the Products and services it
provides to Buyer in an amount of not less than $5,000,000 per claim. All such
policies will provide for at least thirty (30) days prior written notice to
Buyer of cancellation, non-renewal, or material change in the terms and
conditions of coverage and name Buyer as an additional named insured. At
Buyer’s request, Supplier will provide Buyer with a certificate or certificates
of insurance evidencing such coverage. Prior to the expiration of any insurance
policy of Supplier, a renewal certificate of insurance will be provided to
Buyer. Supplier agrees to have its insurance carrier(s) waive any right of
subrogation that such carrier(s) may have against Buyer so long as the
insurance is not invalidated thereby. In the event Supplier ceases to carry
adequate insurance that names Buyer as an
additional insured, Buyer may immediately
cancel this Agreement and any outstanding purchase orders by giving Supplier
written notice of Buyer’s election to cancel; The minimum insurance
coverages set forth herein do not limit in
any way Supplier’s liability to Buyer pursuant to this Agreement.
21.保險谒麦。
供應(yīng)商同意投保產(chǎn)品責(zé)任保險和一般責(zé)任保險本涕，單次事故賠償金額不低于500萬美金枢冤。以上賠款政策受限部分可以通過基本保險和超額損失保險政策得到滿足。供應(yīng)商同意購買職業(yè)責(zé)任險择膝，每次事故索賠金額不低于500萬美金。若取消保險检激，不續(xù)簽保險肴捉，或者材料變更，保險條款變更叔收，或者把買方列為附加保險人等情況都需要提前30天以書面形式告知買方齿穗。根據(jù)買方要求，供應(yīng)商應(yīng)提供以上要求購買的保險的保單給買方今穿。供應(yīng)商應(yīng)續(xù)簽任何要過期的保單缤灵，并將續(xù)簽的新保單提供給買方。供應(yīng)商同意放棄代位追償權(quán)蓝晒，以避免保險公司以此否決買方的索賠權(quán)腮出。若供應(yīng)商終止把買方作為附加保險人的保險，買方可能會立即通過書面通知取消此合約以及在途采購訂單芝薇。本條例中的最低險并不影響供應(yīng)商的其他責(zé)任胚嘲。
