Affiliate insurance coverage. The Affiliate shall obtain, maintain, and keep in force throughout the time of performance of services under this Agreement: (1) general liability insurance covering the use of the Affiliate Facilities in connection with the Program and the Clinical Experiences and (2) professional liability insurance, or any other form of insurance necessary to provide liability coverage for the services to be provided by Affiliate under this Agreement, all issued by one or more insurance companies or indemnity companies authorized to do business in the State of Hawaiʻi, each coverage with minimum limits of at least One Million Dollars ($1,000,000.00) arising out of each occurrence and at least Three Million Dollars ($3,000,000.00) in the aggregate. The liabilities to be covered by the insurance described hereunder may be covered through a program of self-insurance, or an insurance reserve fund. If such insurance is written on a claims-made form, it shall continue for five (5) years following termination of this Agreement. In the event that a claims-made policy is canceled or non-renewed, then the Parties acknowledge that the purchase of extended reporting coverage, nose or prior acts coverage, or the establishment of a program of self-insurance or captive insurance or other equivalent vehicle providing the above limits shall satisfy this requirement for the remainder of the five (5)-year period.
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Samples: Affiliation Agreement, Affiliation Agreement, Affiliation Agreement
