We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Insurance Considerations For Drafting Vendor Contracts

Law360, New York (September 12, 2017, 2:14 PM EDT) -- If your company uses vendors, you’re likely already familiar with vendor contracts. General provisions in the contracts, such as timing and delivery requirements, are well known, but did you know that inadequate insurance requirements in vendor contracts could put your company at risk? Indemnification provisions serve as important and necessary protection, but the insurance provisions can mean the difference between actual and no defense against future liability or claims. Common vendor contracts only require a vendor to maintain general liability insurance during the course of performance...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.