Insurance Policy Requirements

Summary

Institutions must maintain professional liability, comprehensive general liability, and hired & non-owned auto insurance for the study duration and three years after. WACBD should be named as Additional Insured on a Primary Noncontributory basis with Waiver of Subrogation. Provide written evidence to the Sponsor upon request.

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rewrite this: Institution Insurance: As of the Effective Date, and for the duration of the Study and at least three (*) years following its completion or early termination, Institution shall maintain professional liability and comprehensive general liability insurance, with coverage sufficient to cover all claims arising from the actions of the Institution and Study Personnel. The institution further represents that it has, and will maintain, statutory workers’ compensation and employer’s liability insurance throughout the Study. Institution shall provide written evidence of such insurance to Sponsor upon request. by adding the following requirements: name WACBD as Additional Insured on a Primary Noncontributory basis with Waiver of Subrogation verbiage. I also did not see a Hired & Non-Owned requirement. I would like to see that in there as well.
Institution Insurance: As of the Effective Date, and for the duration of the Study and at least three (*) years following its completion or early termination, Institution shall maintain professional liability, comprehensive general liability, and hired & non-owned auto insurance, with coverage sufficient to cover all claims arising from the actions of the Institution and Study Personnel. The Institution further represents that it has, and will maintain, statutory workers’ compensation and employer’s liability insurance throughout the Study. Institution shall name WACBD as Additional Insured on a Primary Noncontributory basis with Waiver of Subrogation verbiage. Institution shall provide written evidence of such insurance to Sponsor upon request.
rewrite it with a softer tone
Sure! Here's a friendlier version:
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Institution Insurance: Starting from the Effective Date, during the Study, and for at least three (*) years after its completion or early termination, the Institution will maintain professional liability, comprehensive general liability, and hired & non-owned auto insurance. This coverage will be sufficient to cover all claims arising from the actions of the Institution and Study Personnel. The Institution also confirms it will maintain statutory workers’ compensation and employer’s liability insurance throughout the Study. Additionally, the Institution will name WACBD as an Additional Insured on a Primary Noncontributory basis, including Waiver of Subrogation verbiage. Written evidence of this insurance will be provided to the Sponsor upon request.
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Hope this helps!