51ĀŅĀ×

Contractor will 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 Contractor, or the Contractorā€™s agents, representatives, employees or subcontractors.

Minimum Scope and Limit of Insurance

Coverage will be at least as broad as:

• If the charter flies under a 121 certificate, a certificate of insurance of insurance naming 51ĀŅĀ× and its board of trustees, officers, agents and employees as an additional insured with respect to the liability arising out of the activities performed by or on behalf of the Service Provider is to be secured and submitted to insurance@ohio.edu with the following insurance limits:

  āˆ’ Third party legal liability- $500,000,000 each occurrence BI & PD Including Passengers

  āˆ’ Third Party War Risk Liability- $50,000,000 each occurrence and in the aggregate

  āˆ’ Medical Payments- $50,000 each person (including crew)

• If the charter flies under a 135 certificate, a certificate of insurance naming 51ĀŅĀ× and its board of trustees, officers, agents and employees as an additional insured with respect to the liability arising out of the activities performed by or on behalf of the Service Provider is to be secured and submitted to insurance@ohio.edu with the following insurance limits:

  For Fixed-wing- turbine aircraft non-airline equipment

  āˆ’ Third party legal liability- $200,000,000 each occurrence BI & PD Including Passengers

  āˆ’ Medical Payments- $50,000 each person (including crew) For Rotor-wing- turbine aircraft non-airline equipment

  āˆ’ Third party legal liability- $50,000,000 each occurrence BI & PD Including Passengers

  āˆ’ Medical Payments- $50,000 each person (including crew)

• Additional contractual requirements:

  āˆ’ The insurer agrees to provide thirty (30) days advance written notice of cancellation or adverse material change to 51ĀŅĀ×.

  āˆ’ Evidence worldwide policy territory.

  āˆ’ Provide an Invalidation Clause in favor of the ā€œAdditional Insuredā€.

  āˆ’ Provide a waiver of subrogation for physical damage coverage in favor of the ā€œAdditional Insured.ā€

  āˆ’ Provide a clause stating that the operatorā€™s insurance is primary, without right of contribution from the ā€œAdditional Insuredā€ or their insurers.

  āˆ’ Provide a Severability of Interest Clause in favor of the ā€œAdditional Insured.ā€

Higher Limits

If the Contractor maintains higher limits than the minimums shown above, 51ĀŅĀ× requires and will be entitled to coverage for the higher limits maintained by the Contractor. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage will be available to 51ĀŅĀ×.

Additional Insured Status

51ĀŅĀ× is to be covered as an additional insured with respect to the operations of the aircraft by or on behalf of the Contractor. Additional insured status, notice of cancellation, primary coverage, and waiver of subrogation must all be evidenced on the Certificate of Insurance. Certificates of Insurance are to be e-mailed to:

51ĀŅĀ×
insurance@ohio.edu 

Notice of Cancellation

The insurer agrees to provide thirty (30) days advance written notice of cancellation to 51ĀŅĀ×.

Primary Coverage

For any claims related to the Contract, the Contractorā€™s insurance coverage will be primary insurance as respects to 51ĀŅĀ×. Any insurance or self-insurance maintained by 51ĀŅĀ× will be excess of the Contractorā€™s insurance and will not contribute with it.

Waiver of Subrogation

The insurer agrees to a Waiver of Subrogation in favor of 51ĀŅĀ×.