RiskOptics will, at all times during the term of Customer’s use of the Service (whether on premise or as a hosted service), maintain the following minimum insurance policies:

  1. Commercial General Liability:

    • $2,000,000 each occurrence
    • $4,000,000 aggregate
  2. Umbrella Liability:

    • $5,000,000 each occurrence
    • $5,000,000 aggregate
  3. Workers Compensation: Statutory requirements for the state where the work will be performed.

  4. Professional Liability/Errors and Omissions:

    • $5,000,000 each occurrence
    • $5,000,000 aggregate
  5. Cybersecurity:

    • $3,000,000 each occurrence
    • $3,000,000 aggregate

All of the insurance policies described above will be placed with insurers having an AM Best Rating of A- VIII or better.

Upon request of an existing Customer, (i) RiskOptics will make available a certificate of insurance verifying the insurance coverages outlined above and (ii) Reciprocity may name Customer as an additional insured, to the extent applicable.