Professional liability insurance definition

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

Professional liability insurance means insurance taken out by a provider in respect of potential liabilities to recipients and, where applicable, third parties arising out of the provision of the service.

Professional liability insurance means insurance against legal liability 857 incident to the practice of a profession and provision of any professional services.

Examples of Professional liability insurance in a sentence

• 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.

• Professional Liability Insurance, is modified for Design Professionals only.

• Professional Liability Insurance in the amount of $2,000,000.00 per claim and annual aggregate.

• Contractor shall maintain a policy of Professional Liability Insurance in an amount not less than One Million dollars ($1,000,000) per claim and Two Million dollars ($2,000,000) aggregate.

• In lieu of Professional Liability Insurance, the employer agrees to Indemnify and defend any union member from actions arising out of the lawful performance of the member’s official duties as required by Section 2744.07 of the Ohio Revised code.

More Definitions of Professional liability insurance

Professional liability insurance if required for the professional services being provided, (e.g., those persons authorized by a license to engage in a business or profession regulated by the California Business and Professions Code), in the amount of not less than $1,000,000 per claim and $2,000,000 in the aggregate, to cover liability for malpractice or errors or omissions made in the course of rendering professional services. If professional liability insurance is written on a “claims-made” basis rather than an occurrence basis, the CONTRACTOR shall, upon the expiration or earlier termination of this Agreement, obtain extended reporting coverage (“tail coverage”) with the same liability limits. Any such tail coverage shall continue for at least three years following the expiration or earlier termination of this Agreement.

Professional liability insurance means insurance against legal liability incident to

Professional liability insurance means insurance providing coverage for legal liability arising out of the performance of professional services rendered or that should have been rendered by a healthcare provider.

Professional liability insurance means general liability insurance;

Professional liability insurance means professional liability insurance coverage of such kind, in such amount and underwritten by such insurers as required and approved by the Board.

Professional liability insurance means insurance against

Professional liability insurance means professional liability insurance as defined in the last indent of Article 23(5) of Directive 2006/123/EC.