Professional and General Liability Insurance. The Resident Physician shall be included in the coverage provided by the Hospital for professional activities directed by the Hospital. This coverage does not apply to activities by Resident Physician which are not part of the Hospital’s Program.
Professional and General Liability Insurance. Administrator shall maintain (i) professional liability insurance in the minimum amounts of Five Million Dollars ($5,000,000) per occurrence and in the aggregate, and (ii) general liability insurance in the minimum amounts of Five Million Dollars ($5,000,000) per occurrence and in the aggregate (or such other amounts as United may agree in writing) to insure against any claim for damages arising in connection with Administrator’s performance of this Agreement. Upon request, Administrator shall provide United with evidence of such insurance coverage. Administrator will notify United as soon as possible, but in no event later than fifteen (15) days, after any restriction on or denial, cancellation, modification or termination of Administrator’s general or professional liability insurance. United shall have the right to terminate this Agreement upon written notice to Administrator following the occurrence of any such change. In addition to maintaining its insurance at the levels indicated above, Administrator shall assure that all pharmacists and other health care professionals employed by or under contract with Administrator to render Covered Prescription Services to Members procure and maintain adequate professional liability and malpractice insurance, unless they are covered by Administrator’s insurance policy.
Professional and General Liability Insurance. For five years from and after the Closing Date, Seller will purchase and/or maintain, for the benefit of Seller and Buyer, all primary and excess insurance policies in force on the Effective Date which cover the conduct of the business at the Centers prior to the Closing and which are written on a claims-made insuring basis. If at any time during the five-year period described above, any one or more of the foregoing insurance policies is cancelled or not renewed for any reason, Seller will purchase a replacement policy with similar coverage and policy limits as the insurance policies in force on the Effective Date. Each policy of insurance described in this Section shall name Buyer as an additional insured, shall provide that Buyer will be given not less than 30 days’ prior notice of cancellation, non-renewal or reduction in limits of such insurance, and shall otherwise be in form reasonably acceptable to Buyer.
Professional and General Liability Insurance. At such time DENTIST becomes eligible he or she shall be covered by FTCA, a federal professional and general liability insurance program for acts and omissions within the scope of DENTIST’s employment by HCHC, excluding willful and wanton acts or omissions, regardless of when a claim against DENTIST arises from such acts and omissions. HCHC shall retain the right to modify or terminate such insurance programs, at its discretion. In the event of such termination, HCHC agrees to provide a reasonable, comparable alternative insurance program.
Professional and General Liability Insurance. Resident Physician shall be included in the coverage provided by Hospital for professional activities directed by the Hospital. This coverage does not apply to activities by Resident Physician which are not part of the Hospital’s Residency Training Program. The Professional and General Liability insurance coverage includes legal defense costs and protection from settlements or awards for claims reported or filed during participation in each of its ACGME-accredited programs. This includes coverage for claims reported after completion of the programs, if the alleged acts or omissions of a resident/fellow are within the scope of the programs, and the event giving rise to the claim happened during their tenure in the program. The Professional Liability and General Liability coverage is claims-made and reported coverage. The limit of Professional and General Liability coverage above the self-insured retention is $18,000,000 per claim/$18,000,000 aggregate.
Professional and General Liability Insurance. For five years from and after the Closing Date, Seller will purchase and/or maintain, for the benefit of Seller, the Partnerships and Buyer, all primary and excess insurance policies in force on the Effective Date which cover the Partnerships or the conduct of their business at the Centers prior to the Closing and which are written on a claims-made insuring basis. If at any time during the five-year period described above, any one or more of the foregoing insurance policies is cancelled or not renewed for any reason, Seller will purchase a replacement policy with similar coverage and policy limits as the insurance policies in force on the Effective Date. Each policy of insurance described in this Section shall name each Center as an additional insured, shall provide that Buyer will be given not less than 30 days’ prior notice of cancellation, non-renewal or reduction in limits of such insurance, and shall otherwise be in form reasonably acceptable to Buyer.
