Common use of Professional Liability Insurance Requirements Clause in Contracts

Professional Liability Insurance Requirements. Professional liability insurance shall cover the A/E against claims the A/E may become obligated to pay arising out of the performance of the A/E under the agreement and caused by any error or omission of the A/E or of any person employed by the A/E, or any others for whom the A/E is liable. The limit amount of the insurance shall be on a per claim basis. A. The required coverage is stated in the agreement. B. If project funding increases, the required coverage amount may be increased by modification.

Professional Liability Insurance Requirements. Professional liability insurance shall cover the A/E against claims the A/E may become obligated to pay arising out of the performance of the A/E under the agreement and caused by any error or omission of the A/E or of any person employed by the A/E, or any others for whom the A/E is liable. The required coverage is stated in the agreement. The limit amount of the insurance shall be on a per claim basis. A. The required coverage is stated in the agreement. B. If project funding increases, the required coverage amount may be increased by modification.