PROFESSIONAL INDEMNITY COVER. 13.1 The Intermediary will maintain professional indemnity insurance to the level required by the Central Bank. At the Company’s request the Intermediary shall provide a copy of the policy together with proof that the applicable premium has been paid.
PROFESSIONAL INDEMNITY COVER. 7.1 Without prejudice to its other obligations and liabilities under this Agreement, the Consultant shall maintain professional indemnity cover with reputable insurers based in the UK without any unusually onerous conditions and with a limit of indemnity of not less than the amount specified in Schedule 1 for each and every claim(5) for a period from the commencement of its obligations hereunder to the expiry of a period of 12 years from the date of practical completion of the Project or earlier abandonment thereof or earlier termination of the Consultant’s engagement or of this Agreement provided that such insurance remains available at commercially reasonable rates. The insurance shall cover claims arising out of the performance of the Services.
7.2 The Consultant shall produce to the Client or the Project Manager upon written request satisfactory evidence of the insurance arrangements identified in this clause 7 within 5 days of being so required and the Consultant shall notify the Client and the Project Manager in writing immediately if it ceases for any reason to have the cover identified. If the Consultant is in breach of any of its obligations under this clause 7 the Client may take out insurance to cover some or all of the loss or damage which might result from a breach of this Agreement by the Consultant and the Client may deduct from any sums due to the Consultant or otherwise recover from the Consultant the costs and expenses incurred.
PROFESSIONAL INDEMNITY COVER. The amount of Professional Indemnity Insurance cover to be maintained in accordance with sub-clause (1) of Clause 47 of the General Conditions of Employment shall be $350,000.
PROFESSIONAL INDEMNITY COVER. Any professional indemnity insurance must:
PROFESSIONAL INDEMNITY COVER. The amount of Professional Indemnity Insurance cover to be maintained in accordance with sub-clause (1) of Clause 47 of the General Conditions of Employment shall be HONG KONG DOLLARS $1,000,000.00” 22. Not used.
PROFESSIONAL INDEMNITY COVER. The Intermediary will maintain Professional Indemnity Insurance of at least the minimum required by the FCA and sufficient to indemnify their client’s for the risk assumed.
PROFESSIONAL INDEMNITY COVER. The Trust will indemnify the employees from claims arising out of and in the course of their employment. It is recognised that claims arising out of illegal acts are not covered.
PROFESSIONAL INDEMNITY COVER. We maintain appropriate professional indemnity insurance as recommended and required by our professional governing bodies.
PROFESSIONAL INDEMNITY COVER. The costs of professional medical indemnity insurance shall be reimbursed by the employer to the employee to a maximum of $200 per annum.
PROFESSIONAL INDEMNITY COVER. 8.1 All solicitor mediators must carry professional indemnity cover in respect of their acting as mediators.
8.2 Solicitors who practice as mediators will be covered by the Solicitors’ Indemnity Fund in respect of their acting as a mediator, provided they are doing so in their capacity as a member of their firm.
8.3 If a solicitor is acting as a mediator as a separate activity outside his or her legal practice, separate indemnity insurance must be obtained.
