General Liability in amounts not less than $2,000,000 per occurrence. Coverage must be provided with an insurance carrier rated B+ or better by the Best’s guide.
Automobile Insurance in the amounts not less than $1,000,000 per occurrence, to include bodily injury and property damage. Coverage must meet a rating of B+ or better.
Workers’ Compensation coverage for your employees:
a) Worker’s Compensation per applicable laws and Employers Liability insurance with a limit not less than $500,000 each accident for bodily injury
b) $500,000 each employee for bodily injury by disease
c) $500,000 policy limit for disease.
Additional insured: All required insurance must include (See Below).
Cancellation: 30 days notice of cancellation is required for all required insurance coverage.
General Insurance Language Requirements
Please be sure to include the following:
1. Aareal Capital Corporation as Lender and as Agent for the Lenders, together with successors and assigns, and Oasis West Realty LLC are included as additional insureds.
2. Hilton Worldwide, Inc. and each of its respective subsidiary companies, affiliated companies and parent companies of every tier and each of their respective directors, officers, employees, agents, representatives and assignees.
3. Oasis West Realty LLC, and each of its subsidiary companies, affiliated companies and parent companies of every tier and each of their respective directors, officers, employees, agents, representatives and assignees.
4. Such other entities or individuals as Owner may designate from time to time.
Certificate Holder should read:
The Beverly Hilton
9876 Wilshire Boulevard
Beverly Hills, CA 90210