Professional Liability Coverage definition

Professional Liability Coverage. As a participant in a clinical graduate medical education program of the University, a resident is an employee of the University of Florida, Board of Trustees (UFBOT), and the State of Florida agency that operates the University of Florida. Under Section 768.28, Florida Statutes, residents are personally immune from civil liability for any injury or damage suffered by a patient as a result of negligence occurring while residents are acting within the course and scope of their employment. The UFBOT is responsible for any civil claims or actions arising from the negligent acts of its employees and agents, including residents in University graduate medical programs. The University of Florida X. Xxxxx Xxxxxx Health Center/Gainesville Self-Insurance Program (SIP), a self-insurance program established by the Florida Board of Governors pursuant to Florida Statutes Section 1004.24, provides professional liability protection to the UFBOT and Shands Gainesville Medical Center, Inc. (SGMC), for incidents in which patients suffer bodily injury, personal injury, or property damage caused by the negligence of UFBOT residents. XXX also affords residents professional liability protection when residents act in the role of a "Good Samaritan", when involved in community service work that has been pre-approved by the University, and when serving on a University educational assignment outside of Florida. In light of the benefits of immunity provided by law, residents, while performing their duties must identify themselves at all times as UFBOT employees. Accordingly, residents must wear the University ID badge at all times while participating in the graduate medical education program.
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Professional Liability Coverage means the coverage part set forth in ITEM 4 of the Declarations.
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Professional Liability Coverage change to "with the limits of a least two hundred and fifty thousand dollars (250,000) per occurrence and at least seven hundred and fifty thousand (750,000) in aggregate covering Group and each group Physician. If Group or group Physician is classified as Class 1 by the insurance company providing said professional liability insurance, the limits for Group or Group Physician are at least one hundred thousand dollars (100,000) per person per occurrence with at least three hundred thousand dollars (300,000) in the aggregate. Class 1 is hereby defined as those non-surgical specialties which said insurance company has determined to be in the lowest liability risk category."
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Examples of Professional Liability Coverage in a sentence

  • Professional Liability Coverage covering any damages caused by an error, omission or any negligent or wrongful acts related to the services to be provided under this contract.

  • Professional Liability Coverage and Limits: If Supplier is providing any computer software (other than standard, off the shelf, non-customized software), computer coding or algorithms, or information technology services and/or non- commercial communications products and services or technology products and services, Supplier must maintain Technology Errors & Omissions Liability Insurance in the minimum amount of$10,000,000.

  • Proof of Professional Liability Coverage with Government of the Virgin Islands as Certificate Holder for professional services contract.

  • Provide information on the types and amounts of insurance carried by the PSP, including General Liability, Auto Coverage, Worker’s Compensation, and Professional Liability Coverage.

  • Copy of current Certificate of Insurance for Professional Liability Coverage.

  • Wrongful Act Any actual or alleged act, error or omission committed solely in the performance of or failure to perform Professional Services.Cover A Professional Liability Coverage The Insurer will pay on behalf of an Insured all Loss resulting from any Claim first made against an Insured during the Period of Insurance and notified to the Insurer as required by this Section for a civil liability arising from an Insured's Professional Services.

  • Payment of Pre-Claim Expenses is not subject to a Deductible and does not reduce the applicable Professional Liability Coverage Limits.

  • If any provision in these Professional Liability Terms and Conditions is inconsistent with or in conflict with any provision of the Professional Liability Coverage, the provisions of the Professional Liability Coverage will control.

  • The Company has the right and duty to defend any Claim covered by this policy, even if the allegations are groundless, false or fraudulent, including the right to select defense counsel with respect to such Claim, provided that the Company is not obligated to defend or to continue to defend any Claim made after the applicable Professional Liability Coverage Limit is exhausted by payment of Damages and Defense Expenses.

  • In the event the amount of Damages or Defense Expenses, or a combination thereof, exceeds the portion of the applicable Professional Liability Coverage Limits remaining after prior payments of Damages or Defense Expenses, or a combination thereof, the Company's liability shall not exceed the remaining amount of the applicable Professional Liability Coverage Limits.


More Definitions of Professional Liability Coverage

Professional Liability Coverage means the coverage part set forth in ITEM 4 of the Declarations. W. Professional Services means only services in any of the following capacities:
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Professional Liability Coverage. The Hospital shall provide the Resident/Fellow with adequate professional liability insurance that shall cover the Resident/Fellow while acting in the performance of his/her duties and assignments within the training program. Claims made after termination of training will be covered if based on acts or omissions of the Resident/Fellow within the scope and course of his/her duties or assignments during training. Appropriate arrangements for insurance coverage shall be made with all institutions at which the Resident/Fellow rotates (the Affiliated Institutions). Special rotations outside of the Hospital and the Affiliated Institutions are subject to the prior approval of the Chairman or the departmental residency Program Director and the Director/Associate Xxxx of Graduate Medical Education (GME). In instances where the Chairman of the Department, the Program Director or the Director/Associate Xxxx of GME identifies such special rotations as being critical to the overall education program, and application is made in accordance with GME policy, the Hospital may elect to extend professional liability insurance coverage for such activities when the sponsoring institution is unable to do so.
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Professional Liability Coverage. No policy exclusions of any kind • $5,000,000 per claim/aggregate .8 Excess Coverage • $1,000,000 each occurrence/combined per project aggregate in excess of limits specified for Employer’s Liability, Commercial General Liability, and Automobile Liability .9 Pollution Liability Insurance, if approved by the Director as set forth in Section 11.7 of this Agreement • $50,000,000 Aggregate Limits are per 12-month policy period unless otherwise indicated.
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Professional Liability Coverage. The Hospital shall provide professional liability coverage for the Fellow, as outlined in Appendix A. Health and Dental Insurance: The Hospital shall make available to Fellow and his/her eligible dependents Health and Dental Insurance, as outlined in Appendix A. Workers Compensation, Life Insurance and Disability Insurance: The Hospital provides Life and Disability Insurance for the Fellow, as outlined in Appendix A. Leave (Parental, Sick and Other): The Fellow is entitled to leave of absence and sick leave benefits in accordance with the Hospital policies, as outlined in Appendix A. Each request for a leave and any effect on Fellow’s participation in the program will be considered on a case by case basis. Living Quarters (for duty only) and Meals: The Hospital will provide living quarters, meals, and certain other benefits to the Fellow as specified in Appendix A. The Hospital will reimburse the Fellow for payment of full medical licenses to the RI Board of Medical Licensure. The Hospital will also reimburse the Fellow for payment of Federal DEA registration. Failure to maintain the appropriate level of license may result in immediate termination from the Hospital.
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Professional Liability Coverage. Two Million ($2,000,000) Dollars aggregate, per occurrence
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Professional Liability Coverage means the indemnification or insurance of a member, by means of the claims fund or an insurance contract, in respect of professional liability claims; « couverture-responsabilité professionnelle »
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Related to Professional Liability Coverage

  • 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:

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

  • 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.

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

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

  • 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.

  • 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:

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

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

  • 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.

  • 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.

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

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

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • 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:

  • 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.

  • Fraud Coverage During the period prior to the first anniversary of the Cut-Off Date, 2.00% of the aggregate principal balance of the Mortgage Loans as of the Cut-Off Date (the "Initial Fraud Coverage"), reduced by Fraud Losses allocated to the Certificates since the Cut-Off Date; during the period from the first anniversary of the Cut-Off Date to (but not including) the fifth anniversary of the Cut-Off Date, the amount of the Fraud Coverage on the most recent previous anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) reduced by Fraud Losses allocated to the Certificates since such anniversary; and during the period on and after the fifth anniversary of the Cut-Off Date, zero. On each anniversary of the Cut-Off Date, the Fraud Coverage shall be reduced to the lesser of (i) on the first, second, third and fourth anniversaries of the Cut-Off Date, 1.00% of the aggregate principal balance of the Mortgage Loans as of the Due Date in the preceding month and (ii) the excess of the Initial Fraud Coverage over cumulative Fraud Losses allocated to the Certificates since the Cut-Off Date. The Fraud Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

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

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Fund which are stock, including all Outstanding Series A Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.