Common use of University Insurance Clause in Contracts

University Insurance. University shall procure and maintain in force during the term of this Agreement, at its sole cost and expense, insurance in amounts reasonably necessary to protect it against liability arising from any and all negligent acts or incidents caused by University’s employees. Coverage under such professional and commercial general liability insurance shall be not less than two million dollars ($2,000,000) for each occurrence and four million dollars ($4,000,000) in the aggregate. Such coverage shall be obtained from a carrier rated A or better by AM Best or a qualified program of self-insurance. The University shall maintain and provide evidence of workers’ compensation and disability coverage as required by law. Insurance shall provide for not less than thirty (30) days’ notice of cancellation to Clinical Site. University shall provide Clinical Site with evidence of the insurance required under this paragraph upon request of the Clinical Site. University shall promptly notify Clinical Site of any cancellation, reduction, or other material change in the amount or scope of any coverage required hereunder.

University Insurance. University shall procure and maintain in force during the term of this Agreement, at its sole cost and expense, insurance in amounts reasonably necessary to protect it against liability arising from any and all negligent acts or incidents caused by University’s employees. Coverage under such professional and commercial general liability insurance shall be not less than two million dollars ($2,000,000) for each occurrence and four million dollars ($4,000,000) in the aggregate. Such coverage shall be obtained from a carrier rated A or better by AM Best or a qualified program of self-insurance. The University shall maintain and provide evidence of workers’ compensation and disability coverage as required by law. Insurance shall provide for not less than thirty (30) days’ notice of cancellation to Clinical Practicum Site. University shall provide Clinical Practicum Site with evidence of the insurance required under this paragraph upon request of the Clinical Practicum Site. University shall promptly notify Clinical Practicum Site of any cancellation, reduction, or other material change in the amount or scope of any coverage required hereunder.

University Insurance. University shall procure and maintain in force during the term of this Agreement, at its sole cost and expense, insurance in amounts reasonably necessary to protect it against liability arising from any and all negligent acts or incidents caused by University’s employees. Coverage under such professional and commercial general liability insurance shall be not less than two one million dollars ($2,000,0001,000,000) for each occurrence and four three million dollars ($4,000,0003,000,000) in the aggregate. Such coverage shall be obtained from a carrier rated A or better by AM Best or a qualified program of self-insuranceself­insurance. The University shall maintain and provide evidence of workers’ compensation and disability coverage as required by law. Insurance shall provide for not less than thirty (30) days’ days notice of cancellation to Clinical Site. University shall provide Clinical Site with evidence of the insurance required under this paragraph upon request of the Clinical Site. University shall promptly notify Clinical Site of any cancellation, reduction, or other material change in the amount or scope of any coverage required hereunder.

University Insurance. University shall procure and maintain in force during the term of this Agreement, at its sole cost and expense, insurance in amounts reasonably necessary to protect it against liability arising from any and all negligent acts or incidents caused by University’s employees. Coverage under such professional and commercial general liability insurance shall be not less than two one million dollars ($2,000,0001,000,000) for each occurrence and four three million dollars ($4,000,0003,000,000) in the aggregate. Such coverage shall be obtained from a carrier rated A or better by AM Best or a qualified program of self-insurance. The University shall maintain and provide evidence of workers’ compensation and disability coverage as required by law. Insurance shall provide for not less than thirty (30) days’ days notice of cancellation to Clinical Site. University shall provide Clinical Site with evidence of the insurance required under this paragraph upon request of the Clinical Site. University shall promptly notify Clinical Site of any cancellation, reduction, or other material change in the amount or scope of any coverage required hereunder.