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Subcontractor Insurance Agreement
"I need a Subcontractor Insurance Agreement for a large-scale commercial construction project in Kuala Lumpur, with specific coverage requirements for high-rise building works and multiple subcontractors working simultaneously on site."
1. Parties: Identification of the main contractor and subcontractor, including their registered addresses and company details
2. Background: Context of the agreement, reference to main contract, and purpose of the insurance requirements
3. Definitions: Definitions of key terms used throughout the agreement, including insurance-specific terminology
4. Insurance Requirements: Detailed specification of required insurance types, coverage limits, and duration
5. Subcontractor's Obligations: Specific duties of the subcontractor regarding insurance maintenance, premium payments, and compliance
6. Evidence of Insurance: Requirements for providing and maintaining proof of insurance coverage
7. Claims Procedure: Process for making insurance claims and reporting incidents
8. Indemnification: Mutual indemnification provisions and liability allocation
9. Duration and Renewal: Term of insurance coverage requirements and renewal obligations
10. Compliance with Laws: Requirements to comply with Malaysian insurance and construction laws
11. Termination: Circumstances and procedures for terminating the agreement
12. Notices: Procedures for formal communications between parties
13. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
1. Additional Insured Requirements: Specific provisions for naming additional parties as insured, used when project owner or other parties require coverage
2. Special Risk Coverage: Additional insurance requirements for specific project risks, included when project involves unusual or high-risk activities
3. Performance Bond Requirements: Requirements for performance bonds, included when additional security is needed
4. Cross-Indemnification: Specific cross-indemnification provisions, used in complex projects with multiple parties
5. Insurance Cost Allocation: Provisions for sharing or allocating insurance costs, used when cost-sharing arrangements are needed
6. Project-Specific Insurance Requirements: Additional requirements specific to particular projects or locations
1. Schedule 1 - Required Insurance Policies: Detailed list and specifications of required insurance policies including minimum coverage amounts
2. Schedule 2 - Certificates of Insurance: Pro-forma certificates of insurance and requirements for documentation
3. Schedule 3 - Claims Procedures: Detailed procedures and forms for making insurance claims
4. Schedule 4 - Premium Payment Schedule: Payment schedule and terms for insurance premiums if relevant
5. Schedule 5 - Project-Specific Requirements: Any specific insurance requirements related to the particular project
6. Appendix A - Insurance Provider Requirements: Minimum requirements for acceptable insurance providers
7. Appendix B - Incident Reporting Forms: Standard forms for reporting incidents that may lead to claims
Authors
Main Contractor
Subcontractor
Project
Insurance Provider
Insurance Policy
Premium
Coverage Period
Claim
Certificate of Insurance
Effective Date
Insured Event
Liability Coverage
Professional Indemnity Insurance
Public Liability Insurance
Workers Compensation Insurance
Deductible
Policy Limit
Project Site
Main Contract
Insurance Broker
Loss
Indemnity
Notice
Force Majeure
Insurance Certificate
Coverage Territory
Renewal Date
Policy Schedule
Insurance Requirements
Governing Law
Jurisdiction
Completion Date
Contract Works
Material Breach
Insurance Obligations
Risk Assessment
Insurance Documentation
Claim Procedure
Incident Report
Coverage Obligations
Premium Payment
Claims Procedure
Indemnification
Liability
Risk Management
Compliance
Representations and Warranties
Termination
Force Majeure
Dispute Resolution
Governing Law
Confidentiality
Assignment
Notices
Amendment
Severability
Entire Agreement
Insurance Documentation
Renewal Requirements
Reporting Obligations
Premium Adjustment
Policy Cancellation
Additional Insured
Waiver of Subrogation
Cross Indemnification
Insurance Provider Requirements
Certificate Requirements
Breach and Remedies
Construction
Infrastructure
Real Estate Development
Oil & Gas
Mining
Manufacturing
Energy
Transportation
Industrial Development
Commercial Development
Legal
Risk Management
Procurement
Operations
Compliance
Health & Safety
Commercial
Construction Management
Project Management
Insurance
Project Manager
Construction Manager
Risk Manager
Insurance Coordinator
Contract Administrator
Legal Counsel
Procurement Manager
Site Supervisor
Operations Director
Compliance Officer
Health and Safety Manager
Project Director
Commercial Manager
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