Hospital’s Insurance Sample Clauses

Hospital’s Insurance. The Hospital represents and warrants that it has, and shall maintain for the term of the Agreement, at its own cost and expense, with insurers having a secure A.M. Best rating of B+ or greater, or the equivalent, all the necessary and appropriate insurance that a prudent person carrying out a program with similar obligations as provided for under the Agreement would maintain, including commercial general liability insurance on an occurrence basis for third party bodily injury, personal injury and property damage, to an inclusive limit of not less than two million dollars ($2,000,000) per occurrence. The policy shall include the following:

Hospital’s Insurance. During the term of this Agreement, Hospital agrees to procure and maintain such policies of general and professional liability and other insurance, or a comparable program of self-insurance, at minimum levels as required by state law or, in the absence of a state law specifying a minimum limit, an amount customarily maintained by Hospital in the state or region in which the Hospital operates. Such insurance coverage shall cover the acts and omissions of Hospital as well as those Hospital’s agents and employees. Hospital agrees to deliver certificates of insurance or other documentation as appropriate to show evidence of such coverage to Company upon request. Hospital agrees to make best efforts to provide to Company at least thirty (30) days advance notice, and in any event will provide notice as soon as reasonably practicable, of any cancellation or material modification of said policies.