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4.3.2 Claims -Made Limitations. The following provisions shall apply if the professional <br />liability coverage is written on a claims -made form: <br />The retroactive date of the policy must be shown and must be before the <br />date of the Agreement. <br />Insurance must be maintained and evidence of insurance must be <br />provided for at least 5 years after completion of the Agreement or the <br />work, so long as commercially available at reasonable rates. <br />C. If coverage is canceled or not renewed and it is not replaced with another <br />claims -made policy form with a retroactive date that precedes the date of <br />this Agreement, Attorneyshall purchase an extended period coverage for <br />a minimum of 5 years after completion of work under this Agreement. <br />A copy of the claim reporting requirements must be submitted to the City <br />for review prior to the commencement of any work under this Agreement. <br />4.3.3 Additional Requirements.A certified endorsement to include contractual liability <br />shall be included in the policy. <br />4.3.4 Submittal Requirements. To comply with Subsection 4.3, Attorney shall submit <br />the Certificate of Liability Insurance in the amounts specified in the section. <br />4.4 All Policies Requirements. <br />4.4.1 Acceptability of Insurers. All insurance required by this section shall be placed <br />with insurers with a Bests' rating of no less than A:VII. <br />4.4.2 Verification of Coverage. Prior to beginning any work under this Agreement, <br />Attorney shall furnish City with complete copies of all Certificates of Liability <br />Insurance delivered to Attorney by the insurer, including complete copies of all <br />endorsements attached to the policies. All copies of Certificates of Liability <br />Insurance and certified endorsements shall show the signature of a person <br />authorized by that insurer to bind coverage on its behalf. If the City does not <br />receive the required insurance documents prior to the Attorney beginning work, it <br />shall not waive the Attorney's obligation to provide them. The City reserves the <br />right to require complete copies of all required insurance policies at any time. <br />4.4.3 Deductibles and Self -Insured Retentions.Attorney shall disclose to and obtain <br />the written approval of City for the self-insured retentions and deductibles before <br />beginning any of the services or work called for by any term of this Agreement.At <br />the option of the City, either: the insurer shall reduce or eliminate such deductibles <br />or self-insured retentions as respects the City, its officers, employees, and <br />volunteers; or the Attorney shall provide a financial guarantee satisfactory to the <br />Consulting Services Agreement between July 1, 2014 <br />City of San Leandro and Bertrand, Fox, and Elliot Page 6 of 13 <br />