Medical/Professional Liability. When any medical Services are performed in connection with this Agreement, Medical/Professional Liability Insurance must be provided to include coverage for errors, omissions and negligent acts related to the rendering or failure to render professional, medical or health Services with limits of not less than $1,000,000. When policies are renewed or replaced, the policy retroactive date must coincide with, or precede, start of work or Services on this Agreement. A claims made policy which is not renewed or replaced must have an extended reporting period of 2 years.
Medical/Professional Liability. The Contractor shall provide evidence satisfactory to the Contracting Officer of a Medical Professional Liability policy with limits of not less than $5,000,000 each incident and $5,000,000 in the annual aggregate. The definition of insured shall include the Contractor and all Contractor’s employees and agents. The policy shall be either (1) written on an occurrence basis or (2) written on a claims-made basis. If the coverage is on a claims-made basis, Contractor hereby agrees that prior to the expiration date of Contractor’s current insurance coverage, Contractor shall purchase, at Contractors sole expense, either a replacement policy annually thereafter having a retroactive date no later than the effective date of this Contract or unlimited tail coverage in the above stated amounts for all claims arising out of this Contract.
Medical/Professional Liability. Medical professional liability insurance with a minimum level of $1,000,000 per occurrence and $3,000,000 aggregate for bodily injury and property damage.
Medical/Professional Liability. W hen any medical services are performed in connection with this Agreement, Medical/Professional Liability Insurance must be provided to include coverage for errors, omissions and negligent acts related to the rendering or failure to render professional, medical or health services with limits of not less than $500,000. Coverage must include contractual liability. W hen policies are renewed or replaced, the policy retroactive date must coincide with, or precede, start of work or Services on this Agreement. A claims made policy which is not renewed or replaced must have an extended reporting period of 2 years.
