Common use of Professional Liability (Errors & Omissions) Insurance Clause in Contracts

Professional Liability (Errors & Omissions) Insurance. CONTRACTOR shall maintain professional liability insurance that covers the services to be performed in connection with this Contract, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Contract and CONTRACTOR agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this Contract.

Professional Liability (Errors & Omissions) Insurance. CONTRACTOR XXXXXXX shall maintain professional liability insurance that covers the services to be performed in connection with this Contract, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Contract and CONTRACTOR XXXXXXX agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this Contract.

Professional Liability (Errors & Omissions) Insurance. CONTRACTOR RECIPIENT shall maintain professional liability insurance that covers the services to be performed in connection with this Contract, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Contract and CONTRACTOR RECIPIENT agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this Contract.