Professional Indemnity Insurance. A policy of insurance to cover claims made against the insured for: civil liability for breach of professional duty (whether owed in contract or otherwise); and unintentional breaches of third party intellectual property, by the Contractor or its subcontractors in carrying out the Contractor's Activities.
Professional Indemnity Insurance. The Agent confirms that he holds Professional Indemnity Insurance. Details of the cover are available on request.
Professional Indemnity Insurance. In accordance with section 45 of the Property Services (Regulation) Xxx 0000 there is in force a policy of professional indemnity insurance which covers the Agent in the provision of this property service. The insurance company which holds the cover is: Name: Complete as appropriate Address: Policy number:
Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business with the Underwriting Manager. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator.
16.2 The Producer agrees to supply details of its Professional Indemnity insurance cover to the Underwriting Manager on an annual basis or as requested by the Underwriting Manager.
Professional Indemnity Insurance. The Contractor shall secure and maintain professional indemnity insurance that shall cover Professional Liability and Error and Omissions in the face amount of $5,000,000. The Contractor shall secure and maintain liability coverage in minimum limits of $2,000,000 (with umbrella) on all automobiles used in performing the services under the Contract. Before providing services to the Customer, any subcontractor of the Contractor shall provide insurance as follows: General Liability - $2,500,000; Workers’ Compensation – statutorily required amount; and Automobile Liability (with umbrella) - $2,000,000. The Contractor’s major subcontractors shall provide the following additional insurance: Errors and Omissions -- $2,500,000. At the request of the Department, the Contractor shall provide all relevant certificates and endorsements as proof of such insurance or proof of its ability to self-insure, including renewal or replacement evidence of insurance at least 30 days prior to the expiration or termination of any insurance.
Professional Indemnity Insurance. Contractor must secure and continuously maintain professional indemnity insurance that must cover professional liability and error and omissions in the face amount of $5,000,000. Contractor will indemnify, defend, and hold harmless the Department and its employees and agents, from and against any third-party claims, demands, loss, damage, or expense caused by Contractor in connection with the performance of the Services related to professional liability and error and omissions. Each insurance certificate for such policy must include an agreement that the insurer will provide thirty (30) Calendar Days prior written notice to the Department of cancellation for any coverage. The Contractor will provide all certifications of insurance as proof of insurance including evidence of renewed or replaced coverage, at least thirty (30) Calendar Days prior to the expiration or termination of any insurance policy.
Professional Indemnity Insurance. In the case of Joint/Multiple Agency Agreements – details of each insurance policy must be provided
Professional Indemnity Insurance. All of Core’s mediators will have professional indemnity insurance in an adequate amount with a responsible insurer. • A copy of the current insurance policy is available upon request.
Professional Indemnity Insurance. Without prejudice to its obligations under this Agreement, or otherwise at law, the Independent Tester shall maintain professional indemnity insurance with a limit of indemnity of not less than [ten million pounds (£10,000,000)]16 for any one claim in respect of any neglect, error or omission on the Independent Tester’s part in the performance of its obligations under this Agreement for the period commencing on the date of this Agreement and expiring 12 years after: the date of final certification of the Works; or the termination of this Agreement, whichever is the earlier, provided that such insurance is available in the market place at commercially reasonable rates. The Independent Tester shall maintain such insurance with reputable insurers carrying on business in the United Kingdom. Any increased or additional premium required by insurers by reason of the Independent Tester's own claims record or other acts, omissions, matters or things particular to the Independent Tester shall be deemed to be within commercially reasonable rates. The Independent Tester shall as soon as reasonably practicable inform Project Co and the Authority if such insurance ceases to be available at commercially reasonable rates in order that the Independent Tester and Project Co and the Authority can discuss means of best protecting the respective positions of Project Co and the Authority and the Independent Tester in respect of the Project in the absence of such insurance. The Independent Tester shall fully co-operate with any measures reasonably required by Project Co and the Authority including (without limitation) completing any proposals for insurance and associated documents, maintaining such insurance at rates above commercially reasonable rates if Project Co and the Authority undertake in writing to reimburse the Independent Tester in respect of the net cost of such insurance to the Independent Tester above commercially reasonable rates. The Independent Tester shall, prior to commencing the provision of the Services and as soon as reasonably practicable following renewal dates, produce for inspection by Project Co and the Authority documentary evidence that such insurance is being properly maintained. The above obligations in respect of professional indemnity insurance shall continue notwithstanding termination of this Agreement for any reason whatsoever, including (without limitation) breach by Project Co and the Authority.
Professional Indemnity Insurance. 20.1 We maintain professional indemnity insurance in accordance with the requirements of the SRA. Details of our insurer is available on request.