Specifications include, but are not limited to: The Contractor shall procure a master real estate errors and omissions liability insurance policy (the “Policy”) which provides a per claim liability limit of one hundred thousand dollars ($100,000) per Licensee, per claim, with an aggregate annual liability limit of three hundred thousand dollars ($300,000). The Policy will cover all Licensees electing such coverage by paying to the Contractor the applicable premium specified in Section C.2. A.4. The Contractor shall ensure that the terms, conditions, and exclusions of the Policy provide coverage which is no less comprehensive as that provided under the errors and omissions policy issued to Licensees for the period January 1, 2023, through January 1, 2025, attached hereto as Attachment B. The Policy shall, in addition, cover, rather than exclude, the following: a. the environmental hazards listed in Exclusion Q of the policy issued for the period January 1, 2023, through January 1, 2025, including, but not limited to Licensee’s failure to detect, report, or assess the effects of or advise of the existence of toxic chemicals, pollutants, fungi, microbes, nuclear radiation or nuclear contamination; and b. professional services relating to property in which the Licensee has an ownership interest of less than twenty-five percent (25%)...
