Technology Errors and Omissions definition
Examples of Technology Errors and Omissions in a sentence
The Technology Errors and Omissions Insurance may be issued on a claims-made policy form, in which case the Professional shall purchase at its sole cost and expense, extended Discovery Clause coverage of up to three (3) years after work is completed if coverage is cancelled or not renewed.
Technology Errors and Omissions Not less than $5,000,000 each claim, Not less than $10,000,000 in aggregate Crime Insurance Not less than $500,000 Policy shall include bodily injury, property damage and broad form contractual liability coverage.
The State of Iowa will accept a combined Technology Errors and Omissions and Cyber Liability policy or a separate Technology errors and Omissions and separate Cyber Liability policy.
Vendor shall maintain Technology Errors and Omissions insurance including cyber liability, network security, privacy liability and product failure coverage with limits of one million dollars ($1,000,000) per occurrence and one million dollars ($1,000,000) policy aggregate.
For Data Breach and Privacy/Cyber Liability, Technology Errors and Omissions, and certain Crime Insurance coverages (those containing Cyber theft coverage), Contractor shall provide a Schedule of Forms and Endorsements and, upon request, all Forms and Endorsements, unless otherwise agreed to in writing by OGS.
Contractor is required to maintain during the term of the Contract and as otherwise required herein, Technology Errors and Omissions Insurance.
Technology Errors and Omissions Liability coverage, with limits of $1,000,000 each occurrence and each loss, and $2,000,000 general aggregate.
Each insurance policy shall be written on an “occurrence” basis/form; excepting insurance for Professional Liability (Errors and Omissions), and/or Cyber Liability (Technology Errors and Omissions) required by this Contract is acceptable on a “claims made” basis/form.
Dropbox maintains reasonable coverage for Technology Errors and Omissions insurance, which may include coverage for privacy and network security liability, losses or damages due to the unauthorized use/access of a computer system or database, and defense of any regulatory action involving a breach of privacy, as well as other coverage areas.
The Contractor shall have, maintain, and provide proof of Technology Errors and Omissions Liability Insurance.