Professional Errors and Omissions Liability Insurance a. Coverage shall be in an amount of not less than one million dollars ($1,000,000) per occurrence/aggregate.
Professional Errors and Omissions Liability Insurance. (required for contractors providing professional services, such as through a professional engineer, registered geologist, etc.)
Professional Errors and Omissions Liability Insurance. A policy of Professional Errors and Omissions Liability Insurance appropriate to Contractor’s profession in an amount of not less than $1,000,000.00 per claim or occurrence/ $2,000,000.00 general aggregate. If coverage is written on a claims-made form then: (1) the “retro date” must be shown, and must be before the beginning of contract work; (2) insurance must be maintained and evidence of insurance must be provided for at least five years after completion of the contract work; and (3) if coverage if cancelled or non-renewed, and not replaced with another claims-made policy form with a “retro date” prior to the contract effective date, then Contractor must purchase “extended reporting” coverage for a minimum of five years after completion of contract work.
Professional Errors and Omissions Liability Insurance a. Coverage shall extend to the Locum Tenens Provider(s) through the Professional Errors and Omissions Liability Insurance secured by the Contractor. Coverage shall be in an amount of not less than one million dollars ($1,000,000) per occurrence and three million dollars (3,000,000) aggregate.
Professional Errors and Omissions Liability Insurance. Such insurance shall not be less than $1,000,000 each claim and in annual aggregate. Such insurance shall remain in place until at least 2 years after completion and acceptance of the Services.
Professional Errors and Omissions Liability Insurance. The limit of liability shall be at least $1,000,000. If the policy is written on a “claims made” basis, Contractor must maintain required coverage for a period of three years after the expiration of this agreement. Contractor may satisfy this requirement by renewal of existing coverage or purchase of either prior acts or tail coverage applicable to said three-year period. Contractor shall submit to Agency certificates of insurance and endorsements for the policies listed above. All endorsements shall be signed by a person authorized by that insurer to bind coverage on its behalf. Agency has the right to require Contractor’s insurer to provide complete, certified copies of all required insurance policies. Contractor shall not cancel, assign, or change any policy of insurance required by this agreement or engage in any act or omission that will cause its insurer to cancel any insurance policy required by this agreement except after providing 30 days prior written notice to Agency. If an insurance policy required by this agreement is unilaterally cancelled or changed by the insurer, the Contractor shall immediately provide written notice to the Agency and obtain substitute insurance meeting the requirements of this agreement. Nothing in this subsection relieves Contractor of its obligation to maintain all insurance required by this Contract at all times during the term of the agreement.
Professional Errors and Omissions Liability Insurance. In the event Contractor provides architectural, design, engineering or similar professional services under any Contract, Contractor shall maintain Professional Errors and Omissions Liability Insurance with a coverage limit of not less than One Million Dollars ($1,000,000) per occurrence, or current limit carried if greater, and with a deductible not to exceed $25,000. Such insurance shall include coverage for prior acts and shall be maintained during the term of any Contract and renewed for at least five (5) years thereafter, so long as such renewable coverage is available at commercially reasonable rates.
Professional Errors and Omissions Liability Insurance. The Insurance Coverage shall be in the amount of Five Million Dollars ($5,000,000.00 CAD) per claim and in the aggregate. When requested, the Consultant shall provide the City proof of Professional Errors and Omissions Liability Insurance carried by the Consultant and in accordance with the Engineering and Geoscience Professions Act, S.N.B. 1999, Chapter 50, and amendments thereto.
Professional Errors and Omissions Liability Insurance. If agreed to by the parties, Vendor shall provide insurance for the Vendor and their respective servant(s), agent(s) or employee(s) against any loss or damages arising out the professional services rendered by the Vendor and their respective servant(s), agent(s) or employee(s) under this Agreement. Such insurance shall be for an adequate amount acceptable to DSM, and shall in any event be not less than Two Hundred Fifty Thousand ($250,000.00) inclusive of any one claim.
Professional Errors and Omissions Liability Insurance. Coverage shall be in an amount of not less than one million dollars ($1,000,000) per occurrence/aggregate. Coverage as required herein shall be maintained for a minimum of two years following termination or completion of this Agreement.
