Occurrence Basis. The CONTRACTOR's insurances shall be on an occurrence basis as opposed to a claims-made basis. In other words, claims which occur during the policy period can be reported months or years later and still be paid, if they occur during the policy period. Claims-made policies cover only claims which occur and are made during the policy period. In the event occurrence based insurance is not available, use of claims-made insurance may be considered acceptable in limited circumstances, subject to written approval by the Risk Manager.
Occurrence Basis. The Workers’ Compensation Policy and the Commercial General Liability required by this Agreement shall be provided on an occurrence rather than a claims-made basis.
Occurrence Basis. All insurance coverage shall be on an occurrence basis and not a claims made basis.
Occurrence Basis. All such policies other than Professional Liability shall be written on an Occurrence (not Claims made) basis.
Occurrence Basis. The Workers’ Compensation policy, the Commercial General Liability and the Umbrella policy required by this Agreement shall be provided on an occurrence rather than a claims-made basis. The Professional Liability insurance policy may be on an occurrence basis or claims-made basis. If a claims-made basis, the coverage must respond to all claims reported within three (3) years following the period for which coverage is required and which would have been covered had the coverage been on an occurrence basis.
Occurrence Basis. The Construction Manager's insurances shall be on an occurrence basis as opposed to a claims-made basis (other than Construction Manager’s Professional Liability Insurance). In other words, claims which occur during the policy period can be reported months or years later and still be paid, if they occur during the policy period. Claims-made policies cover only claims which occur and are made during the policy period. In the event occurrence-based insurance is not available, use of claims-made insurance may be considered acceptable in limited circumstances, subject to written approval by the CITY’s Risk Manager.
Occurrence Basis. 2. Contractual Liability specifically designating the indemnity provision of this agreement as an insured contract;
Occurrence Basis. The Commissioning Agent shall ensure that its insurer or insurers write all insurance required hereunder, with the exception of the Professional Liability Insurance, on an “occurrence” basis. Claims-Made coverage must include: Contract; and
Occurrence Basis. The Construction Cost Consultant shall ensure that its insurer or insurers write all insurance required hereunder, with the exception of the Professional Liability Insurance, on an “occurrence” basis. Claims-Made coverage must include: Contract; and
Occurrence Basis. All coverage required under this Section must be written on an occurrence basis, unless such coverage can only be procured on a claims-made basis, in which event the coverage shall remain in effect for a period of not less than three years after the termination or expiration of the applicable Project Agreement or provide a three year extended reporting period (tail coverage).
