Errors and Omissions Coverage. Broker warrants that it will maintain Errors and Omissions coverage, continuously and without interruption throughout the term of this Agreement, that is satisfactory to Paragon with an admitted insurer rated at least βAβ by A.M. Best Company. The Errors and Omissions policy must show limits not less than $5,000,000 each claim and $5,000,000 in the aggregate. Additionally, the Broker warrants that it will also maintain crime and fidelity coverage, covering all employees handling premiums, with a minimum limit of $500,000.
Appears in 3 contracts
Sources: Brokerage Agreement, Brokerage Agreement, Brokerage Agreement