Common use of Professional Liability (Errors and Omissions) Insurance Clause in Contracts

Professional Liability (Errors and Omissions) Insurance. a. Minimum Limit: $1,000,000 per claim or per occurrence. b. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $100,000 it must be approved in advance by County. c. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of the work. d. Coverage applicable to the work performed under this Agreement shall be continued for two (2) years after completion of the work. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this Agreement.

Appears in 3 contracts

Sources: Insurance Requirements, Agreement to Provide Therapeutic Services, Agreement for Provision of Services

Professional Liability (Errors and Omissions) Insurance. a. Minimum Limit: $1,000,000 per claim or per occurrence. b. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $100,000 25,000, it must be approved in advance by County. c. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of the work. d. Coverage applicable to the work performed under this Agreement shall be continued for two (2) years after completion of the work. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this Agreement. e. Required Evidence of Insurance: Certificate of Insurance.

Appears in 2 contracts

Sources: Agreement for Services, Agreement for Services

Professional Liability (Errors and Omissions) Insurance. a. Minimum Limit: $1,000,000 per claim or per occurrence. b. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $100,000 100,000, it must be approved in advance by County. c. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of the work. d. Coverage applicable to the work performed under this Agreement shall be continued for two (2) years after completion of the work. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this Agreement.

Appears in 2 contracts

Sources: Agreement for Services, Insurance Requirements

Professional Liability (Errors and Omissions) Insurance. a. m. Minimum Limit: $1,000,000 per claim or per occurrence. b. n. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $100,000 25,000, it must be approved in advance by County. c. o. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of the work. d. p. Coverage applicable to the work performed under this Agreement shall be continued for two (2) 2 years after completion of the work. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; , (2) an extended reporting period endorsement; , or (3) replacement insurance with a retroactive date no later than the commencement of the work under this Agreement.

Appears in 1 contract

Sources: Agreement for Services

Professional Liability (Errors and Omissions) Insurance. a. Minimum Limit: $1,000,000 5,000,000 per claim or per occurrence. b. Any deductible or self-insured retention shall be shown on the Certificate of Insurance. If the deductible or self-insured retention exceeds $100,000 25,000, it must be approved in advance by County. c. If the insurance is on a Claims-Made basis, the retroactive date shall be no later than the commencement of the work. d. Coverage applicable to the work performed under this Agreement shall be continued for two (2) years after completion of the work. Such continuation coverage may be provided by one of the following: (1) renewal of the existing policy; (2) an extended reporting period endorsement; or (3) replacement insurance with a retroactive date no later than the commencement of the work under this Agreement. e. Required Evidence of Insurance: Certificate of Insurance.

Appears in 1 contract

Sources: Agreement for Services