Carry Insurance

Provider agrees to carry insurance policies meeting the following criteria or better, covering the entire term of the agreement, plus an additional 12 calendar months:

  1. commercial general liability:

    1. including contractual and product liability

    2. $2,000,000 per occurrence

    3. $2,000,000 in the aggregate

    4. $100,000 maximum deductible or retention

  2. privacy and cybersecurity liability:

    1. covering costs arising from data destruction, hacking, or intentional breaches, crisis management activity related to data breaches, and legal claims for security breach, privacy violations, and notification costs

    2. $2,000,000 per occurrence

  3. workers’ compensation policies meeting all legal requirements

  4. employer’s liability policy:

    1. $500,000 per occurrence

  5. professional liability or errors and omissions:

    1. $2,000,000 per occurrence

    2. $2,000,000 in the aggregate

    3. $100,000 maximum deductible or retention

Minimum Ratings

Provider agrees to meet Carry Insurance with policies from insurers with the following minimum ratings:

  1. A.M. Best Financial Strength: “A- (Excellent)”

  2. A.M. Best Financial Size: “X”

  3. Standard and Poor’s: “AA- (Excellent)”

Combined Limits

Provider may satisfy limits under Carry Insurance with combinations of primary and umbrella excess coverage that result in the same coverage as a single policy meeting the required limits.

Additional Insureds

Provider agrees to name Customer, each of Customer’s subsidiaries, and Customer Personnel as additional insureds in the commercial general liability policy for contractual liability.

Proof of Coverage

Upon request, Provider agrees to provide Customer proof of insurance coverage required by Carry Insurance.

No Excuse

Provider agrees that carrying insurance does not excuse or limit Provider’s liability under the agreement.


The following terms mean the same in this add-on as in the base terms: Customer, Customer Personnel, Provider.


Type Form
Publisher passport
Project insurance
Version Version 1.0.0-3 (1.0.0-3)
Published April 18, 2020