The Contractor shall be liable for damage caused to KHS by it or its Personnel and for which it is culpable. It shall also take out liability insurance for itself and its Personnel, the minimum amount of which can be stipulated in the Individual Contract.
The Contractor shall also present to KHS proof of the existence of its liability insurance once a year with-out being requested to do so. It will provide KHS with a copy of the relevant insurance policy upon conclusion of this Agreement.