Schmieding
Carrier Agreement
4/5/2019
- 17 -
expense:
i.
Motor Truck Cargo Insurance or a superior equivalent covering all risks of loss, damage,
or delay to goods in transit, with a minimum limit amount no less than US$100,000.00 and
a deductible no greater than US$2,500 per trailer, container, or vehicle,
including a loss
payable clause for HCS as its interests may appear and at least the same coverage limit
and deductible per shipment while in storage in a trailer, container, at a storage facility, at
a facility being used as a storage facility, or enroute to the consignee. Such insurance shall
contain no exclusion or limitation likely to render coverage for operations hereunder
inapplicable including, but
not limited to; refrigerator unit malfunction (including failure to
fuel refrigerator unit), unattached vehicle, or unattended vehicle,
transportation of food
product, infidelity, theft, or other criminal act of Carrier’s employees.
ii.
Business Automobile Liability Insurance with Contractual Liability Insurance
covering all owned, leased, hired and non-owned vehicles and
specifically endorsed to
cover the indemnity provisions listed herein between Parties, with limits of liability not less
than $1,000,000.00 for bodily injury and property damage per occurrence and without
aggregate limits.
iii.
Commercial General Liability with Contractual Liability Insurance specifically
endorsed to cover the indemnity provisions listed herein between Parties, with limits of
liability of not less than $1,000,000.00 per occurrence.
iv.
Do'stlaringiz bilan baham: