Professional Liability definition

Professional Liability. $5 million per Occurrence; if claims made policy include 3 year extended reporting period. Commercial General Liability: $3 million per Occurrence/$5 million aggregate with Trinity University endorsed as an Additional Insured.
Professional Liability. To cover error, omission or negligent acts related to the professional services to be provided under the Agreement/Contract.
Professional Liability means any civil liability incurred by a solicitor or former solicitor in connection with his practice or in connection with any trust of which he is or formerly was a trustee and, as respects incorporated practices authorised legal businesses, means any liability incurred by it which if it had been incurred by a solicitor would constitute such civil liability.

Examples of Professional Liability in a sentence

  • Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence.

  • If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the Agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than two million dollars ($2,000,000) in aggregate.

  • Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000).

  • Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than two million dollars ($2,000,000).

  • If Consultant subcontracts in support of the services under this Agreement, Professional Liability Insurance for Errors shall be provided by the subcontractor in an amount not less than one million dollars ($1,000,000) in aggregate.


More Definitions of Professional Liability

Professional Liability. The revised version of Attachment C, effective July 1, 2016 does not specify limits for professional liability coverage. The base agreement included professional liability limits that need to be included in this agreement.
Professional Liability. Policy shall protect the insured against claims for Injury arising out of the professional duties of employed MICT or other medical professionals. Minimum limits are $500,000 per medical incident.
Professional Liability means any breach of professional duty or wrongful or inadequate advice given by the Insured in the conduct of their Business, including the rendering of or the failure to render professional medical advice by medical persons engaged by the Insured to provide first aid on the Insured’s premises.
Professional Liability. Commercial General Liability " " Automobile " " Workers Compensation " "
Professional Liability. Limits of Liability: $1,000,000. each claim $2,000,000. aggregate
Professional Liability exclusion must except contractor means and methods. The “your work” exclusion must except damaged work or the work out of which the damage arises that is performed by a subcontractor of the insured. Such insurance shall be in limits of [*****] per occurrence, [*****] Products/Completed Operations aggregate limit dedicated to the Project, and [*****] general aggregate limit dedicated to the Project. Defense costs shall be outside of policy limits. The aggregate limits shall apply separately to the Project through the use of a designated project aggregate limit of insurance endorsement. Such insurance shall:
Professional Liability. Professional liability insurance appropriate to the Contractor’s profession. This coverage may be written on a “claims made” basis, and must include coverage for contractual liability. The professional liability insurance required by this Agreement must be endorsed to be applicable to claims based upon, arising out of or related to services performed under this Agreement. The insurance must be maintained for at least five consecutive years