Adequate professional liability insurance definition

Adequate professional liability insurance means one or more policies of attorneys’ professional liability insurance that insure the legal professional association, corporation, legal clinic, limited liability company, or limited liability partnership both:
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Adequate professional liability insurance means one or more policies of attorneys' professional liability insurance or other form of adequate financial responsibility that insure the professional corporation, limited liability company or limited liability partnership or both;
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Adequate professional liability insurance means one or more policies of
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Examples of Adequate professional liability insurance in a sentence

  • Adequate professional liability insurance that covers the acts of the senior management of the Company, Casino Facilities and Manager.

  • Important elements of such a program include:▪ Effective documentation and communication of project requirements;▪ Clear definition of the responsibilities of all project participants;▪ An effective system of progress milestones with appropriate checks and reviews; and▪ Adequate professional liability insurance coverage.Professional liability insurance is an important aspect of risk management for the owner and registered professionals.

  • Important elements of such a program include: • Effective documentation and communication of project requirements; • Clear definition of the responsibilities of all project participants; • An effective system of progress milestones with appropriate checks and reviews; and • Adequate professional liability insurance coverage.

  • Adequate professional liability insurance shall be considered to be a minimum of one million dollars ($1,000,000) per occurrence and three million dollars ($3,000,000) annual aggregate, unless Organization agrees, in writing, to a specific exception for Licensee.

Related to Adequate professional liability insurance

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • First party insurance means an insurance policy or contract in which the insurer

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • Property Insurance is defined in Section 6.10(a).

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Claims-made coverage means an insurance contract or provision limiting

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Guaranteed automobile protection insurance means insurance offered in

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Companies means the companies with whom the Insurance Policies are held.