Sigma will obtain and maintain at its sole cost and expense during the term of this Agreement, and for one year thereafter on all claims-made policies, the following minimum insurance coverage, subject only to standard industry exclusions and deductibles:
(i) Commercial General Liability Insurance written on an occurrence form and including but not limited to operations, products/completed operations, and contractual liability coverage, with limits not less than $1,000,000 in the aggregate;
(ii) Cyber Liability Insurance, including technology errors & omissions, including coverage for: network security liability; privacy liability; privacy regulatory proceeding expenses and fines; technology professional liability (errors and omissions); privacy breach expense reimbursement; and data/information loss and business interruption; and with a total aggregate limit of not less than $5,000,000;
(iii) Workers’ Compensation Insurance coverage at limits in a sufficient amount to meet all applicable statutory requirements; and (iv) Employer’s Liability Insurance coverage with limits not less than $1,000,000 per occurrence.
Upon request, Sigma will provide Customer with a certificate of insurance following execution of this Agreement. Sigma also will provide a current insurance certificate upon request (not more than once per calendar year) at any time during the duration of this Agreement. Each contract of insurance will be with an insurer approved to do business that is rated “A-” or better.
