Section 6 - Insurance

Section 6.2 - Insurance Requirements

Date: 4/10/06 — Approved: Finance Board

VENDORS, SERVICE PROVIDERS, CONTRACTORS, CONSULTANTS, AND OUTSIDE USERS OF FACILITIES

The A.S. can be exposed to risk when using contractors, consultants, service providers, and/or vendors to provide goods or services or when outside organizations and individuals use A.S. premises and/or facilities. A.S. policy requires that contractors, consultants, service providers, and/or vendors doing business with the A.S., as well as outside organizations and individuals using A.S. premises and/or facilities, maintain liability insurance and other insurance as necessary to reasonably protect the A.S.'s financial interests, and in amounts deemed adequate by the AS. In order to protect A.S. interests and other parties as necessary, the A.S. must receive a Certificate of Insurance prior to the commencement of any work and/or scheduled event.

Certificates of Insurance

Certificates of Insurance are issued to the A.S. by insurance carriers and/or self-insurance plan administrators underwriting risks of:

Certificates of Insurance are also issued to the A.S. by insurance carriers and/or self-insurance plan administrators underwriting risks of outside organizations and individuals using A.S. premises and/or facilities.

Large companies that have self-insurance liability programs may not be able to provide a Certificate of Insurance. In this case, a liability coverage statement signed by an authorized corporate officer assuming liability is acceptable if the company has the necessary financial resources to guarantee payment when the law imposes such liability. When evaluating the acceptability of a self-insurance program, the A.S. may request a recent audited financial statement and description of how the Self-Insurance Program is funded.

Indemnification

Contractors, (including subcontractors), consultants, service providers and/or vendors who provide goods or services to the A.S., as well as outside organizations and individuals who use A.S. premises and/or facilities, (hereafter referred collectively to as "Providers/Users") shall indemnify the A.S. against all loss, damage, and expense which it may sustain or for which it will become liable on account of injury to or death of persons, or on account of damage to or destruction of property resulting from the performance of work, the provision of goods or services, and/or the use of A.S. premises and/or facilities, or due to or arising in any manner from Providers'/Users' wrongful acts or negligence, or of any employee of any of them.

A.S. guidelines state the following parties will defend and hold the A.S. harmless from any loss, injury, or damage occurring during the performance of any work or activity and to indemnify The Board of Trustees of the California State University System for any loss sustained as a result of negligence:

Exceptions to these requirements must be approved by the Associate Executive Director or Executive Director.

A.S. MINIMUM INSURANCE REQUIREMENTS

All parties who are required to show evidence of satisfactory insurance coverage must furnish the A.S. a Certificate or Certificates of Insurance indicating compliance with all requirements. These Certificates must:

Following are the minimum required coverages:

Minimum Required Coverages
  Type of Coverage Amount
A. Worker's Compensation and Occupation Diseases (Part A) California Statutory Limits or Statutory Limits for the state in which the company is domiciled
  Employer's Liability (Part B) $500,000 per occurrence
B. B. Commercial General Liability
(Including contractual liability
$1,000,000 per occurrence
C. Commercial Auto Liability, if applicable
Combined Single Limit
OR
$1,000,000 per occurrence
  Bodily Injury $1,000,000 per occurrence
  Property Damage $1,000,000 per occurrence

Umbrella liability insurance may be used to meet the general liability coverage limit requirements.

Subcontractors must comply with the same insurance coverage requirements as Contractors. Subcontractors must submit the required Certificate of Insurance through the primary Contractor.

When any professional services are performed in connection with an agreement, Professional Liability for the Contractor and its employees and agents (if appropriate) must be maintained to include coverage for errors, omissions, and negligent acts related to the rendering of such professional services with limits not less than $1,000,000 per claim and $3,000,000 in the aggregate. Coverage extensions must include contractual liability. When policies are renewed or replaced, any retroactive date must coincide with, or precede commencement of services by Contractor or sub-contractor under this Contract. A claims-made policy that is replaced or not renewed must have an extended reporting period not less than two (2) years.

Note: Divisions should forward the “A.S. Minimum Insurance Requirements” to the Providers/Users who are providing services or using A.S. facilities and premises. The Providers/Users, in turn, should forward it to their insurance agent or broker for compliance with the requirements set forth.

Exceptions to Minimum Insurance Requirements

Exceptions to the insurance limit requirements outlined may be approved by the Associate Director, following a process of risk identification and evaluation. In such situations, it may be determined that little or no risk is involved, in which case the limits may be lowered or the requirement eliminated. Conversely, it may be determined that additional risk is involved, in which case the limits may be raised.

Modifications to Indemnification Language

A.S. may make modifications to the indemnification language as they deem fit following a process of risk identification and evaluation.

DIVISION RESPONSIBILITIES

Risk management administration is the responsibility of both the Associate Director and A.S.-wide division heads.

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