Cyber insurance contract clause
Insurance . The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. The CONTRACTOR shall obtain, at the CONTRACTOR’S expense and keep in effect during the term of the contract, CONTRACTOR’S Pollution Liability insurance covering the CONTRACTOR’S liability for a third party bodily injury and property damage arising from pollution conditions caused by the CONTRACTOR while performing their operations under the contract.