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CBRE - LDS Canada
Risk Adjusted Insurance Limits

Risk Tier
 General Liability
Occurrence/Aggregate		 Auto
Liability
(Owned Autos)
ALL $1M / $1M $1M

Additional Requirements

  • The Description of Operations (“Additional Insured”) language shall be:
    "CBRE, Inc., CBRE Managed Services Inc., and their applicable clients are included as Additional Insureds on the General Liability, provided on the CG2010 0704 and CG2037 0704 or their equivalent endorsements and Automobile Liability policies with a Waiver of Subrogation under the General Liability, Automobile Liability and Workers Compensation Policies. Such policies are primary and non-contributory as respects to any other insurance available to the Additional Insureds."
  • License/Rating. All insurance policies shall be in customary forms and shall be issued by companies authorized to do business in the states where the Services are performed and rated “A-,” FSC Class VIII or better by the most current A. M. Best’s Insurance Reports.
  • Notice of Cancellation. CBRE shall, be given not less than thirty (30) days’ notice prior to the cancellation of any insurance required by this Agreement for other than non-payment of premiums. CBRE shall be given at least ten (10) days’ notice prior to cancellation of any required insurance for non-payment of premium.
  • Service Provider Insurance Primary. Service Provider’s insurance shall be deemed primary with respect to coverage extended to the additional insureds, whose insurance shall be excess and non- contributory with that required of Service Provider hereunder.
  • Waiver of Subrogation. To the fullest extent permitted by law, all insurance policies shall contain provisions that the insurance companies waive the rights of recovery or subrogation against “CBRE, Inc., CBRE Managed