IPA Insurance definition
IPA Insurance. IPA shall maintain policies of comprehensive general liability, including professional liability and other insurance of the types and in amounts customarily carried by independent practice associations with respect to their operations, including stop-loss and reinsurance as set forth in Exhibit E. Such policies shall provide for thirty (30) day cancellation notification to MDNY and shall be effective on or before the Effective Date. Such policies shall include coverage for claims which are incurred during the term of this Agreement but which arise after termination of this Agreement. IPA shall, upon request, provide MDNY with certificates with respect to said policies and any renewals or replacements thereof and shall arrange with its insurance carrier(s) to notify MDNY in the event of any change in the status of such coverage.
IPA Insurance. PA shall ensure that it maintains insurance policies of comprehensive general liability, including professional liability and other insurance of the types and in amounts customarily carried by independent practice associations with respect to their operations. Such policies shall provide for thirty (30) day cancellation notification to MD7NY and shall be effective on or before the Effective Date. Such policies shall include coverage for claims which are incurred during the term of this Agreement but which arise after termination of this Agreement. IPA shall, upon request, provide MDNY with certificates with respect to said policies and any renewals or replacements thereof and shall arrange with its insurance carrier(s) to notify MDNY in the event of any change in the status of such coverage.