Professional Liability definition

Professional Liability. $5 million per Occurrence; if claims made policy include 3 year extended reporting period. Commercial General Liability: $3 million per Occurrence/$5 million aggregate with Trinity University endorsed as an Additional Insured.

Professional Liability. To cover error, omission or negligent acts related to the professional services to be provided under the Agreement/Contract.

Professional Liability. The revised version of Attachment C, effective July 1, 2016 does not specify limits for professional liability coverage. The base agreement included professional liability limits that need to be included in this agreement.

Examples of Professional Liability in a sentence

• With the exception of Professional Liability (E&O), all coverage shall be written on an occurrence basis.

• The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract.

• The Contractor agrees to name the State as an additional insured on any insurance policies with the exception of workers' compensation (employer liability) and professional liability (errors and omissions) ("Professional Liability") insurance.

• The Contractor shall carry all required insurance until all contract work is accepted by the District, and shall carry the required General Liability; any required Professional Liability; and any required Employment Practices Liability insurance for five (5) years following final acceptance of the work performed under this contract.

• Except for Workers’ Compensation and Professional Liability, the policies shall include the City Additional Insured Endorsement of: The City of Cedar Rapids, Iowa, including all its elected and appointed officials, all its employees and volunteers, all its boards, commissions and/or authorities and their board members, employees, and volunteers, are included as additional insureds with respect to liability arising out of the Insured’s work and/or services performed for the City of Cedar Rapids, Iowa.

More Definitions of Professional Liability

Professional Liability. Policy shall protect the insured against claims for Injury arising out of the professional duties of employed MICT or other medical professionals. Minimum limits are $500,000 per medical incident.

Professional Liability means any breach of professional duty or wrongful or inadequate advice given by the Insured in the conduct of their Business, including the rendering of or the failure to render professional medical advice by medical persons engaged by the Insured to provide first aid on the Insured’s premises.

Professional Liability. Commercial General Liability " " Automobile " " Workers Compensation " "

Professional Liability. Limits of Liability: $1,000,000. each claim $2,000,000. aggregate

Professional Liability exclusion must except contractor means and methods. The “your work” exclusion must except damaged work or the work out of which the damage arises that is performed by a subcontractor of the insured. Such insurance shall be in limits of [*****] per occurrence, [*****] Products/Completed Operations aggregate limit dedicated to the Project, and [*****] general aggregate limit dedicated to the Project. Defense costs shall be outside of policy limits. The aggregate limits shall apply separately to the Project through the use of a designated project aggregate limit of insurance endorsement. Such insurance shall:

Professional Liability. The Agency shall maintain professional liability with a limit of not less than $1,000,000 (One Million Dollars) per occurrence per claim. When a self-insured retention or deductible exceeds $100,000 (One Hundred Thousand Dollars), the County reserves the right to request a copy of the Agency’s most recent annual report or audited financial statement. For policies written on a “Claims- Made” basis, the Agency agrees to maintain a retroactive date prior to or equal to the effective date of this Contract. In the event the policy is canceled, non-renewed, switched to occurrence form, or any other event which triggers the right to purchase a Supplement Extended Reporting Period (SERP) during the life of this Contract, the Agency agrees to purchase the SERP with a minimum reporting period of not less than two (2) years. Purchase of the SERP shall not relieve the Agency of any obligation to provide replacement coverage. By entering into this Contract, the Agency agrees to provide a waiver of subrogation or a waiver of transfer of rights of recovery, in favor of the County, for the general liability policies as required herein. When required by the insurer or should a policy condition not permit the Agency to enter into a pre-loss agreement to waiver subrogation without an endorsement, the Agency agrees to notify the insurer and request the policy be endorsed with a Waiver of Subrogation or a Waiver of Transfer of Rights of Recovery Against Others endorsement. Prior to the execution and commencement of any operations/services provided under this Contract, the Agency shall provide the County with current certificates of insurance evidencing all required coverage. In addition to the certificate(s) of insurance, the Agency shall also provide endorsements for each policy as specified above. All specific policy endorsements shall be in the name of the Orange County Board of County Commissioner. For continuing service contracts, renewal certificates shall be submitted immediately upon request by either the County or the County’s contracted certificate compliance management firm. The certificates shall clearly indicate that the Agency has obtained insurance of the type, amount, and classification as required for strict compliance with this insurance section. Agency shall notify the County, not less than thirty (30) business days (ten (10) business days for non-payment of premium) of any material change in or cancellation/non-renewal of insurance coverage. The Agency shal...

Professional Liability. $1 million each claim, $2 million aggregate. • Workers’ Compensation (required for Consultants that employ workers): $1 million.