Laserfiche WebLink
5.4 Defense Obligation. The School further agrees to indemnify, hold harmless, <br />and pay all costs for the defense of the City, including fees and costs for special counsel to be <br />selected by the City, regarding any action by a third party challenging the validity of this <br />Agreement, or asserting that personal injury, damages, just compensation, restitution, judicial or <br />equitable relief due to personal or property rights arises by reason of the terms of, or effects <br />arising from this Agreement. City may make all reasonable decisions with respect to its <br />representation in any legal proceeding. <br /> 6.0 INSURANCE. <br /> <br /> 6.1 Professional Medical Liability and General Liability Coverage. School will <br />maintain Professional Medical Liability and General Liability coverage of not less than one million <br />dollars ($1, 000,000. 00) per occurrence and three million dollars ($3,000,000) aggregate. Coverage <br />must specifically cover Students in the Clinical Experience, working under this agreement and <br />within the course of their training and education during this program. School will name City as an <br />Additional Insured under the policy and include an indemnification provision, by endorsement, to <br />be attached to the certificate of insurance. School will provide City with written verification of <br />coverage in the form of a certificate of insurance which will be attached to this agreement. School <br />covenants to keep the required insurance in force and effect through the term of this agreement and <br />maintain tail coverage for five (5) years thereafter if the coverage was a "claims made" policy. <br /> <br /> 6.2 Endorsement for Student Activities. School assures City that all coverage <br />of insurance required herein includes specific provisions and/or endorsements to include <br />Students within School's Medical Liability and General Liability coverage for all activities <br />conducted under this program. <br /> <br /> 6.3 Coverage for Student Injuries. School recognizes that Students are NOT covered by <br />City's Workers Compensation Insurance or Self Insured Program. School represents and warrants that it <br />will maintain, or ensure that its Students are covered, for bodily injury and disease should any Student be <br />injured or become ill during the course of their Clinical Experience. School will provide City with a <br />written verification of insurance coverage in the form of a certificate of insurance which will be attached to <br />this agreement. <br /> <br /> 6.4 Amount of Coverage Not a Limitation. The amount of insurance <br />required hereunder shall not limit School's liability nor relieve School of any obligation <br />hereunder. <br /> <br /> 6.5 Minimum Qualifications of Insurer. Any policies of insurance shall be <br />maintained with insurance companies: (I) holding a "General Policyholder's Rating" of AIV or <br />better, as set forth in the most current issue of"Best's Insurance Guide," or comparable rating <br />from reputable rating organizations; (ii) licensed to operate and sell insurance in the state in <br />which the Clinical Experience will occur; and (iii) in good standing with the state's Department <br />of Insurance or other similar regulatory City in the state in which the Clinical Experience will <br /> <br /> <br />