errors and omissions insurance definition

errors and omissions insurance means professional liability insurance that provides coverage to holders of active real estate brokers, associate brokers, and salespersons licensed in this state for wrongful acts made during the course of real estate transactions, subject to the coverages, limitations, and exclusions of one or more specific insurance policies in place;

errors and omissions insurance means a type of insurance that provides coverage for potential errors or omissions in or relating to the notarial act and is maintained, as applicable, by the online notary public or his or her employer, or a Remote Online Notarization service provider.

errors and omissions insurance means Errors and Omissions Insurance to be maintained by Servicer in accordance with Section 3.5.

Examples of errors and omissions insurance in a sentence

• The Technology Errors and Omissions Insurance may be issued on a claims-made policy form, in which case the Professional shall purchase at its sole cost and expense, extended Discovery Clause coverage of up to three (3) years after work is completed if coverage is cancelled or not renewed.

• Professional Liability (Errors and Omissions) Insurance as appropriate to the Contractor’s profession.

• Except for Professional Liability or Errors and Omissions Insurance, the insurance shall name the state of Washington, its agents, officers, and employees as additional insureds under the insurance policy.

• Errors and Omissions Insurance which includes coverage for professional malpractice, in the amount of $1,000,000.00.

• Sexual Molestation Coverage $100,000 per occurrence/$200,000 aggregate Professional Errors and Omissions Insurance $2,000,000 per occurrence/$2,000,000 aggregate for the professional acts of the consultant performed under the contract for the district.

More Definitions of errors and omissions insurance

errors and omissions insurance means professional liability insurance that provides coverage to holders of active real estate brokers, associate brokers, and salespersons licensed in this state for wrongful acts made during

errors and omissions insurance means professional liability insurance which provides insurance coverage to active licensees for errors and omissions made during the course of real estate transactions subject to the coverages, limitations and exclusions of the specific policy;

errors and omissions insurance means a type of

errors and omissions insurance. Errors and Omissions Insurance to be maintained by the Servicer in accordance with the Xxxxxx Mae Guides.

errors and omissions insurance has the meaning specified in Section 5.23.

errors and omissions insurance means an undertaking by an insurer to pay on behalf of an insured sums which the insured is legally obligated to pay as damages because of any act, error or omission of the insured, or of any other person for whose acts, errors or omissions the insured is legally responsible, and arising out of the performance or intended performance of professional services for others, or failure to perform professional services for others that ought to be performed by the insured;

errors and omissions insurance means insurance that provides indemnity against liability arising out of claims for damages made against a licensee for an error, omission or negligent act arising out of professional services provided by the licensee;