Common use of Claims Made Coverage Clause in Contracts

Claims Made Coverage. If any insurance specified above is provided on a claim- made basis, then in addition to coverage requirements above, such policy must provide that: i. Policy retroactive date coincides with or precedes the Entity's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will make every effort to maintain similar insurance for at least three (3) years following Project completion, including the requirement of adding all additional insureds. iii. If insurance is terminated for any reason, each Entity agrees to purchase an extended reporting provision of at least three (3) years to report claims arising from work performed in connection with this Agreement. iv. Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 9 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Claims Made Coverage. If any insurance specified above is provided on a claim- made basis, then in addition to coverage requirements above, such policy must provide that: i. Policy retroactive date coincides with or precedes the Entity's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will make every effort to maintain similar insurance for at least three (3) years following Project project completion, including the requirement of adding all additional insureds. iii. If insurance is terminated for any reason, each Entity agrees to purchase an extended reporting provision of at least three (3) years to report claims arising from work performed in connection with this Agreement. iv. Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

Claims Made Coverage. If any insurance specified above is shall be provided on a claim- claim-made basis, then in addition to coverage requirements above, such policy must shall provide that: i. 1) Policy retroactive date coincides with or precedes the EntityContractor's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will 2) Contractor shall make every effort to maintain similar insurance for at least three 3 (3three) years following Project project completion, including the requirement of adding all additional insuredsnamed insured. iii. 3) If insurance is terminated for any reason, each Entity Contractor agrees to purchase an extended reporting provision of at least three (3) two years to report claims arising from work performed in connection with this Agreement or Agreement. iv. 4) Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 3 contracts

Samples: Paratransit Transportation Services Agreement, Paratransit Transportation Services Agreement, Paratransit Transportation Services Agreement

Claims Made Coverage. If any insurance specified above is shall be provided on a claim- claims-made basis, then in addition to coverage requirements above, such policy must shall provide that: i. 1) Policy retroactive date coincides with or precedes the EntityContractor's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will 2) Contractor shall make every effort to maintain similar insurance for at least three 3 (3three) years following Project project completion, including the requirement of adding all additional insuredsnamed insured. iii. 3) If insurance is terminated for any reason, each Entity Contractor agrees to purchase an extended reporting provision of at least three (3) two years to report claims arising from work performed in connection with this Agreement. iv. 4) Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 1 contract

Samples: Transportation Agreement

Claims Made Coverage. If any insurance specified above is shall be provided on a claim- claim-made basis, then in addition to coverage requirements above, such policy must shall provide that: i. 1. Policy retroactive date coincides with or precedes the EntityCONTRACTOR's start of work (including subsequent policies purchased as renewals or replacements). ii2. Entity will CONTRACTOR shall make every effort to maintain similar insurance for at least three (3) years following Project project completion, including the requirement of adding all additional named insureds. iii3. If insurance is terminated for any reason, each Entity CONTRACTOR agrees to purchase an extended reporting provision of at least three (3) years to report claims arising from work performed in connection with this Agreement. iv4. Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 1 contract

Samples: Contract for Services

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Claims Made Coverage. If any insurance specified above is shall be provided on a claim- claim-made basis, then in addition to coverage requirements above, such policy must shall provide that: i. (1) Policy retroactive date coincides with or precedes the EntityPermittee's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will (2) Permittee shall make every effort to maintain similar insurance for at least three (3) years following Project project completion, including the requirement of adding all additional named insureds. iii. (3) If insurance is terminated for any reason, each Entity Xxxxxxxxx agrees to purchase an extended reporting provision of at least three (3) years to report claims arising from work performed in connection with this Agreement. iv. (4) Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 1 contract

Samples: Insurance Agreement

Claims Made Coverage. If any insurance specified above is provided on a claim- claim-made basis, then in addition to coverage requirements above, such policy must provide that: i. : Policy retroactive date coincides with or precedes the Entity's start of work (including subsequent policies purchased as renewals or replacements). ii. Entity will make every effort to maintain similar insurance for at least three (3) years following Project project completion, including the requirement of adding all additional insureds. iii. If insurance is terminated for any reason, each Entity agrees to purchase an extended reporting provision of at least three (3) years to report claims arising from work performed in connection with this Agreement. iv. Policy allows for reporting of circumstances or incidents that might give rise to future claims.

Appears in 1 contract

Samples: Funding Agreement

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