Professional Liability Insurance Policy definition
Examples of Professional Liability Insurance Policy in a sentence
As applicable, Professional Liability Insurance Policy in the minimum amount of $1,000,000 per occurrence and $1,000,000 in the aggregate, written on an occurrence form that provides coverage for its work undertaken pursuant to each Participating Addendum.
Seller shall name Buyer as a loss payee under any applicable Fidelity Insurance Policy and as a direct loss payee with right of action under any applicable Errors and Omissions Insurance Policy or Professional Liability Insurance Policy.
The Architect/Engineer promises and agrees to maintain in full force and effect an Errors and Omissions Professional Liability Insurance Policy in the amounts (indicated in the following table) as minimum coverage or such other minimum coverage as determined by the Principal Representative and approved by the State Buildings Program.
The School Board shall be additionally named as insured under the Contractor’s Professional Liability Insurance Policy.
Provide a Professional Liability Insurance Policy appropriate to the Contractor’s profession providing coverage for claims for professional acts, errors and omissions arising out of services performed by the Contractor for the period of performance of this Contract.
Before this Contract may become effective, the Architect shall provide the Program Manager with a certificate of insurance evidencing the Architect’s coverage under a Professional Liability Insurance Policy in an amount not less than $1,000,000 aggregate annual limit of liability.
To provide the coverage that is the intent of this section, the City, at its option, may maintain a Police Professional Liability Insurance Policy, a self-insurance trust, a sinking fund, or a revolving fund established, maintained and administered by the City, or any combination of these.
If Subcontractor (or its subcontractors or suppliers, regardless of tier) performs any design/build work or services, it shall obtain a Professional Liability Insurance Policy.
The School Board shall be named as an additional insured under the Contractor’s Professional Liability Insurance Policy.
The Consultant promises and agrees to maintain in full force and effect an Errors and Omissions Professional Liability Insurance Policy in the amounts (indicated in the following table) as minimum coverage or such other minimum coverage as determined by the Principal Representative and approved by the State Buildings Program.