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Risk Adjusted Insurance Limits
Risk Tier
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General Liability
Occurrence/Aggregate
Auto
Workers'
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Liability
ALL
$1M / $3M
$1M
Statutory
$1M
Additional Insurance Requirements
The Description of Operations (“Additional Insured”) language shall be:
"Vendor shall provide a
certificate of insurance
evidencing the above coverage and naming on the commercial general liability insurance policy: "
Taco Bell Corp., it's parent, affiliates, subsidiaries and its franchisees and licensees, and current and former employees and agents of each of the foregoing companies
" as additional insured."
THE LIMITS REQUIRED MAY BE SATISFIED BY ANY COMBINATION OF PRIMARY AND EXCESS COVERAGE
All insurance shall be placed with an insurer having the Best's rating (or the equivalent of Best's) A VII or better, and proceeds must be payable in U.S. dollars.