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| Insurance Requirements | |
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RENTAL EQUIPMENT - INSURANCE REQUIREMENTS Below is an exerpt from the Rental Contract that must be entered into with all rental customers prior to equipment leaving Korpan Tractor property. This section highlights the insurance requirements for all rental equipment. Please ensure you are familiar with ALL terms of our contract, and discuss these requirements with your insurance provider to ensure your coverage includes all obligations. *** "13. INSURANCE: The Customer shall at his (its) own expense, provide insurance in the name of Korpan and Customer in an amount satisfactory to Korpan (including loss-payable and loss of use endorsements) against liability for bodily injuries including death and or property damage arising from all use of the equipment and to protect Korpan against all loss of or damage to the equipment to the value stated in the Details of Equipment. Insurance shall be in effect from delivery date to date of redelivery to Korpan. Proof of Insurance shall be delivered to Korpan prior to delivery date and on all renewal dates." |