Combined Products and Professional Liability Insurance Sample Clauses

Combined Products and Professional Liability Insurance subject to a limit of indemnity of a least US$ 5,000,000 any one occurrence and in the aggregate covering Supplier's liability for Bodily Injury or damage to property due to the supplied Products and/or additions and/or extensions as well as liability due to any professional act or omission in connection with the Products and/or additions and/or extensions and/or any services performed under this Agreement. The policy shall apply retroactively as of the date at which the Supplier supplied the Products and/or additions and/or extensions and/or any services, even if Supplier prior to the execution of the Agreement. The policy includes an extended reporting period clause of at least 12 months, pursuant to which, in the event that the insured party does not renew the said policy, the policy shall cover damage, which originated during the insurance period, with respect to which notification was sent to us during the notification period. This policy is extended to indemnify IAA, including its share-holders, directors, officers and those acting on their behalf for their liability for Bodily Injury or damage to property due to any defect or fault in the Products as well as liability due to any professional act or omission in connection with the Products and/or any services performed under this Contract.
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Combined Products and Professional Liability Insurance subject to a limit of indemnity of a least US$ 5,000,000 - any one occurrence and in the aggregate covering Contractor's liability for Bodily Injury or damage to property due to the supplied Products and/or additions and/or extensions as well as liability due to any professional act or omission in connection with the Products and/or additions and/or extensions and/or any services performed under this Agreement. The policy shall apply retroactively as of the date at which the Contractor supplied the Products and/or additions and/or extensions and/or any services, even if Contractor prior to the execution of the Agreement. The policy includes an extended reporting period clause of at least 12 months, pursuant to which, in the event that the insured party does not renew the said policy, the policy shall cover damage which originated during the insurance period, with respect to which notification was sent to us during the notification period. This policy is extended to indemnify IAA, including its share-holders, directors, officers and those acting on their behalf for their liability for Bodily Injury or damage to property due to any defect or fault in the Products as well as liability due to any professional act or omission in connection with the Products and/or any services performed under this Contract All the above policies will include a special provision according to which they are antecedent to any insurance carried out by the IAA and that the Insurer waives all rights for to demand or claim participation of the IAA insurance policies. 1. Capitalized terms shall have the meaning ascribed thereto herein or in the Contract. 2. The provisions of this Appendix will apply to the Supplier, the Supplier’s employees and any contractor and/or sub-contractor employed by the Supplier for purposes of the Contract. 3. Without derogating from the generality of the foregoing, it is hereby clarified that the Supplier will be solely responsible for compliance with the provisions of this Appendix by the employees, contractors and/or sub-contractors, engaged by the Supplier for purpose of the Contract, and will be solely responsible for any breach of the provisions of this Appendix by any of the aforementioned. Without derogating from the generality of the foregoing, the Supplier undertakes that the provisions of this Appendix will be attached to any contract executed between the Supplier and any contractor and/or sub-contractor for purposes of the Contract, and that any ...
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Related to Combined Products and Professional Liability Insurance

  • Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate.

  • Product Liability Insurance insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Company or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Company and its Subsidiaries.

  • PROFESSIONAL LIABILITY AND CYBER LIABILITY INSURANCE COVERAGE In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain (a) Technology Professional Liability insurance for any and all services performed under this Contract, with minimum third party coverage of $1,000,000.00 per claim, $2,000,000.00 aggregate. To the extent Contractor has access to, processes, handles, collects, transmits, stores or otherwise deals with State Data, Contractor shall maintain first party Breach Notification Coverage of not less than $1,000,000.00. Before commencing work on this Contract the Contractor must provide certificates of insurance to show that the foregoing minimum coverages are in effect. With respect to the first party Breach Notification Coverage, Contractor shall name the State of Vermont and its officers and employees as additional insureds for liability arising out of this Contract.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Vehicle Liability Insurance $___________________ minimum required insurance policy on all owned, hired, and non-owned vehicles of the Subcontractor for combined single limit liability for each accident affecting incurring bodily injury and/or property damage.

  • Third Party Liability Insurance Article 30 - Discipline

  • Umbrella Liability Insurance Liability on a following form basis with a limit $1,000,000 per occurrence in excess of all primary limits.

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.

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