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Certificate
Holder (State of Idaho and the Regents of the University of Idaho)
The organization
or individual (“Insured”) seeking to [negotiate an Agreement or use facilities]
with the University of Idaho (“Certificate Holder”) is required to carry the
types and limits of insurance shown in this Request, and to provide Certificate
Holder with a Certificate of Insurance.
All insurers shall
have a Best’s rating (or equivalent) of AV or better and be licensed and
admitted in Idaho. Prior to inception of grant or contract, Insured shall
furnish Certificate Holder with a certificate of insurance executed by a duly
authorized representative of each insurer, showing compliance with the insurance
requirements set forth below. All policies required shall be written as primary
policies and not contributing to nor in excess of any coverage Certificate
Holder may choose to maintain.
State of Idaho and the Regents
of the University of Idaho
Attn:
Risk Management
P.O.
Box 443162
Moscow, ID 83844-3162
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Description area of certificate shall read: Attn: [Dept for type of Agreement or
facility]
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All
certificates shall provide for thirty (30) days’ written notice to Certificate
Holder prior to cancellation or material change of any insurance referred to in
the certificate.
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All
policies shall name Certificate Holder as an additional insured.
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Failure of Certificate Holder to demand a certificate or other evidence of full
compliance with these insurance requirements or failure of Certificate Holder to
identify a deficiency from evidence that is provided shall not be construed as a
waiver of Insured’s obligation to maintain such insurance.
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Failure to maintain the required
insurance may result in termination of this grant or contract at the Certificate
Holder’s option.
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By requiring this insurance,
Certificate Holder does not represent that coverage and limits will necessarily
be adequate to protect Insured, and such coverage and limits shall not be deemed
as a limitation on Insured’s liability under the terms of the grant or contract.
Required
Insurance Coverage.
Insured’s shall obtain insurance of the types and in the amounts described
below.
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Commercial General and Umbrella
Liability Insurance. Insured’s shall maintain commercial general liability (CGL)
and, if necessary, commercial umbrella insurance with a limit of not less than $1,000,000
each occurrence and in the aggregate.
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CGL
insurance shall be written on standard ISO occurrence form (or a substitute form
providing equivalent coverage) and shall cover liability arising from premises,
operations, independent contractors, products-completed operations, personal
injury and advertising injury, and liability assumed under an insured contract
including the tort liability of another assumed in a business contract.
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Insured shall maintain Automobile Liability in the amount of $1,000,000 Combined
Single Limit. Coverage shall include Non-Owned and Hired Car coverage.
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Workers’ Compensation. Where required by law, Insured shall maintain all
statutorily required Workers Compensation coverages. Coverage shall include
Employer’s Liability, at minimum limits of $100,000 / $500,000 / $100,000.
If you have
additional questions, please contact:
Nancy Spink, Risk Management Officer, University of Idaho.
PH (208) 885-7177. FAX (208) 885-9490
nspink@uidaho.edu
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885-7177 with any suggestions or questions regarding the Risk
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