Certificates of InsuranceAny entity that does business with the University of Illinois is required
to have adequate and proper insurance coverage. This requirement includes
minimum policy limit amounts and prescribed financial and stability parameters for
the insurance carriers providing the policies. These provisions are in place to ensure
that the University does not become financially responsible for any liability created
by vendors and others with whom we do business. A list of pre-approved vendors can
be found on our website at http://www.dps.uiuc.edu/certifcates05.htm
Some vendors have minimal assets immediately available to finance an unexpected
liability claim. Insurance is the most common means to ensure that money will be available
to pay a claim. In the absence of proper insurance, it is possible that the cost of a claim
for which a vendor is responsible might be unduly shifted to the University.
The minimum requirements for insurance coverage include:
- Each insurance carrier must have an A.M. Best
rating of B+ or better, and a financial rating of VI or better for these
coverage's:
- Commercial General Liability
- Auto Liability
- Employer's Liability
- Surety/Bonding Coverage, when required
You may check the rating of any licensed carrier on the following web site:
www.ambest.com.
- The minimum coverage amounts for specific policies are:
- $1,000,000 Commercial General Liability
- $1,000,000 Auto Liability
- $1,000,000 Liquor Liability (if liquor is to be served)
- $500,000 Employer's Liability
- Statutory limits for Worker's Compensation
Evidence of proper Excess Liability coverage in proper amounts may serve to meet some
of these requirements.
- Each general liability policy must include the following: "The University of Illinois
Board of Trustees is named as an Additional Insured." Any additional wording related
to coverage limitations may result in delayed approval or rejection of the coverage.
- 30 days notice of cancellation must be provided to the University for all policies.
- Vendor agrees to maintain the indicated insurance for the duration of work with the
University, unless the Campus Risk Manager is notified otherwise.
In addition to the requirements stated above, those catering food must
provide the following.
- A copy of your food service/catering permit from the
Champaign/Urbana Public Health District, or your local public health
authority.
- A list of your employees with Food Service Sanitation Manager
certifications, and copies of these certifications.
For those who wish to be able to provide for the service of alcohol
on campus property, or for any campus-related event, the following
additional documentation is required.
- Certificate of insurance showing liability coverage with a limit
of at least one million dollars; the company issuing this policy
must have an A.M. Best rating of B+, V or better.
- Current State of Illinois liquor license.
- Valid liquor license issued from the entity where you are based;
this license must allow for the services that you will be providing
to our campus community.
- Proof that all individuals serving alcohol have received current
TIPS training.
The information above details minimum requirements. Additional requirements may be
imposed by the Campus Risk Manager dependent upon a number of variables, including, but not limited to,
the following: extent of exposure, previous history, and nature of exposure. The
University also reserves the right to modify any insurance requirement at its discretion.
Each certificate sent to the Campus Risk Manager must include a completed routing form. You will
need the free Adobe Acrobat Reader
to view the form.
If you have any questions regarding insurance requirements, please contact Campus
Risk Manager Mark Briggs by calling 333-4660 or by e-mail at
briggs1@uiuc.edu.
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