Legal Term
carnival ride operator insurance minimum coverage clause
Legal Definition
A contractual provision that mandates a carnival ride operator to maintain a specified minimum level of liability insurance, typically commercial general liability insurance with defined per occurrence and aggregate limits, to cover bodily injury, property damage, and other liabilities arising from the operation of amusement rides.
In Plain English
This part of a contract requires the person or company running carnival rides to have insurance with a set minimum amount of money to pay for accidents or injuries that happen on the rides.
Example in a Contract
Operator shall procure and maintain commercial general liability insurance with limits of not less than $1,000,000 per occurrence and $2,000,000 in the aggregate, covering bodily injury and property damage. Operator shall name Owner as an additional insured and provide certificates of insurance annually or upon request.
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