Technology Based Services definition
Examples of Technology Based Services in a sentence
TYPES OF INSURANCE LIMITS OF LIABILITY (Minimum Amounts): ● Commercial General Liability Insurance: $2,000,000 per occurrence, $4,000,000 aggregate; ● Excess Liability (Umbrella) insurance: $1,000,000 per occurrence, $1,000,000 aggregate; ● Technology Errors and Omissions Insurance for Professional and Technology Based Services Liability; Technology Products Liability; Information Security & Privacy Liability; and Multimedia and Advertising Liability: $1,000,000 per occurrence, $1,000,000 aggregate.
The Limit of Liability stated in Item 4.2.b. of the Declarations is the aggregate Limit of Liability payable under Insuring Agreement I.B., (Technology Based Services Liability), Insuring Agreement I.C., (Technology Products Liability) and Insuring Agreement I.M., (Multimedia and Advertising Liability) combined.
The Limit of Liability stated in Item 4.2.a. of the Declarations as “Each Claim” is the Underwriters’ Limit of Liability payable under Insuring Agreement I.B., (Technology Based Services Liability), Insuring Agreement I.C., (Technology Products Liability) and Insuring Agreement I.M., (Multimedia and Advertising Liability) combined.