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X <br /> <br />e <br /> <br />Professional Liability <br /> <br />For professional employees <br />licensed as a condition of <br />employment at the beginning <br />of contract term or hired <br />during the contract terms, <br />insuring against error or <br />omission in rendering or <br />failing to render professional <br />services. Coverage shall <br />continue for a minimum of five <br />years. <br /> <br />Insurance Company(s) <br /> <br />Policy Number(s)Policy Period <br /> (dates) <br /> <br />Signature of Individual author- <br />ized by Insurance Company to <br />bind Company to coverage shown, <br />and above endorsement require- <br />ments. (Except additional <br />insured not required.) <br /> <br />a. Minimum Limits of Liability: <br /> $1,000,000 per claim <br /> <br />Name <br /> <br />b. Deductible not to exceed <br /> $5,000 per claim <br /> <br />Address <br /> <br />c. If claims made, please com- <br /> plete the following: <br /> <br />City, State, Zip <br /> <br />4. Professional Liability (Continued) <br /> <br />Coverage for all prior acts? Yes <br /> <br />No <br /> <br />If prior acts coverage is restricted, advise retroactive date of <br />coverage. <br /> <br />Extended discovery provisions: If Insurance Company cancels, <br />long is period of extended discovery? <br /> <br />how <br /> <br />If Contractee cancels, how long is optional coverage for extended <br />discovery? <br /> <br />Percentage of annual premium cost to purchase extended discovery? <br /> <br />A Certified copy of the Claims Made form must be provided. <br /> <br />It will be a requiren~nt of the City that Coverage for the period of <br />the contract will be maintained for a period of no less than five <br />after the expiration of the contract. If coverage for five years is <br />not available, a shorter term may be negotiated. <br /> <br /> <br />