Without limiting in any way the scope of any obligations and/or liabilities assumed herein by Operating Company, Operating Company shall procure and maintain at its expense for the duration of the Contract, the insurance policy below, as required by Contractor, and by the laws of the Governmental Authorities, with reliable and mutually agreed commercial insurance companies, and with policy limits and territory coverage sufficient to cover the Work, effective through primary and excess coverage, with limits not less than those indicated:
The Workman's Compensation and Employer's Liability Insurance coverage for
(i) Workman’s Compensation Insurance for U.S. Nationals with minimum amounts in compliance with the state of hire in the U.S.A.;
(ii) Workman’s Compensation Insurance for expatriates from countries other than the U.S.A. and the Governmental Authorities, with the minimum amounts in compliance with the laws and regulations from the country of origin from which hired;
(iii) equivalent worker’s compensation insurance for nationals of the Governmental Authorities, as may be required by statute or regulation in the Governmental Authorities;
(iv) Employer’s Liability Insurance with limits of not less than One Million U.S. Dollars (U.S. $1,000,000) per accident/occurrence;
(v) Coverage for any other benefits as may be set out and required from time to time by laws and regulations of the Governmental Authorities.