Insurance Requirements
Contractor/Consultant shall procure and maintain during the term of this Contract insurance coverage as listed below. The insurance companies providing coverage must have a B+:VI or better rating in the current edition of “Best's Key Rating Guide.” Contractor/Consultant shall maintain such insurance for the duration of the contract. If a policy required under this section is written on a claims-made basis and that policy is replaced or renewed, any retroactive date must coincide with, or precede commencement of services by, Contractor/Consultant or Subcontractor/Consultant under this Contract. A claims-made policy that is replaced or not renewed must have an extended reporting period of not less than two years.
- Worker's Compensation and Occupational Diseases - Illinois Statutory Limits
Employer's Liability: $500,000 per occurrence - Commercial General Liability: $1,000,000 per occurrence
General Aggregate: $3,000,000 - Commercial Auto Liability (including owned, hired and non-owned endorsement)
Combined Single Limit: $1,000,000 per occurrence
or
Bodily Injury: $1,000,000 per occurrence
Property Damage: $500,000 per occurrence - Professional Liability: $1,000,000 per occurrence
General Aggregate: $3,000,000
Umbrella liability insurance may be used to meet the general liability coverage limit requirements.
Sub-contractors must comply with the same insurance coverage requirements as Contractor/Consultant. Sub-contractor shall submit the required Certificate of Insurance through the Contractor/Consultant.
The Board of Trustees of Southern Illinois University shall be named as additional insured for general liability coverage. The following wording shall appear on any Certificate of Insurance provided:
"The Board of Trustees of Southern Illinois University is an additional insured for any liability arising from the activities of the Contractor/Consultant and/or subcontractors performing work on behalf of the Contractor/Consultant."
Contractor/Consultant shall furnish all original Certificate(s) of Insurance evidencing the required coverage to be in force on the date of this contract no less than three business days prior to the event. The receipt of any certificate does not constitute an agreement by the University that insurance requirements have been met. Failure of the University to obtain certificates or other insurance evidence from the vendor shall not be deemed a waiver by the University.
The Certificate Holder should read:
Board of Trustees of SIU
Governing SIUE
Campus Box 1012
Edwardsville, IL 62026-1012
Vendor Insurance Search
All vendors doing business with Southern Illinois University must have a current Certificate of Insurance on file. The current status of a vendor's insurance certificate may be determined by viewing the Vendor Insurance Expiration spreadsheet. This spreadsheet is updated every Wednesday at 9 a.m. To query for a specific vendor select Edit, then Find (or Control "F") and enter part of the vendor's name.
- Minimum insurance limits are listed at the beginning of the Vendor Insurance Expiration spreadsheet.
- If the vendor is coming on campus to perform a service, they must have General Liability, Automobile Liability and Workers Compensation.
- The Board of Trustees of Southern Illinois University must be listed as Additional Insured on General Liability and Automobile Liability.
- If the vendor's insurance is not current, please have them fax an updated Certificate of Insurance as soon as possible to 618-650-3251.
- No payments will be made on a Purchase Order or Direct Voucher until Purchasing has a current Certificate of Insurance on file.
- If the P-Card is used and the vendor does not have a current Certificate of Insurance, this may result in the revocation of your P-Card.
- The P-Card may not be used for a vendor who is a Sole Proprietor.
- For Bus Services, please refer to the Bus Insurance Requirements.
If the vendor has any questions regarding the insurance requirements, they may contact Barb Kane at 618-650-2859 or bkane@siue.edu
