Risk Management

TYPE OF ACTIVITY

SPECIFICATIONS AND LIMITS

Maintenance and services contracts, including most routine maintenance, janitorial service, movers, on-site equipment maintenance agreements, tow service, tree maintenance, fireworks exhibits, and other general services.

Use INSURANCE REQUIREMENTS FOR MOST CONTRACTS — CONTRACTOR

Use INSURANCE REQUIREMENTS FOR MOST CONTRACTS — CONSULTANT

Base the required limits on the amount of damage that may occur, not on the contract price.

Construction projects

Use INSURANCE REQUIREMENTS FOR CONSTRUCTION CONTRACTS

Construction projects will usually require course of construction (builder's risk) property insurance. Major construction projects, especially those which involve many subcontractors, may call for special insurance requirements. Contact Risk Management.

*Type of work may allow lower limits of liability please consult with Risk Management.

Professional services, including architects, engineers, consultants, counselors, medical professionals, hospitals, clinics, attorneys, and accountants.

Use INSURANCE REQUIREMENTS FOR PROFESSIONAL SERVICES — CONTRACTOR

Use INSURANCE REQUIREMENTS FOR PROFESSIONAL SERVICES — CONSULTANT

Environmental risks, including asbestos, hazardous chemicals or waste, and nuclear risks.

Use INSURANCE REQUIRMENTS FOR ENVIRONMENTAL CONSULTANT

Use INSURANCE REQUIRMENTS FOR ENVIRONMENTAL CONTRACTOR

Coverage specifications and limits should be developed to fit the circumstances of the situation. Generally, limits should be no less than $2 million. Special insurance is available for hazardous activities, including nuclear risks, asbestos removal/containment or waste handling.

Vendors, including vendors who supply equipment or other products to your Entity and who do not perform other functions, such as installation or maintenance.

Use INSURANCE REQUIRMENTS FOR VENDORS can be used.

Vendor exceptions: United Parcel Service, Federal Express, United States Postal Service, and for hire interstate truck lines insurance verification is not required.

Leases for tenants and concessionaires including food and beverage concessions, gift shops, office space tenants, child care centers, senior centers, and other space rental to lessees who have full-time or part-time employees.

Use INSURANCE REQUIREMENTS FOR LESSEES can be used if no autos are used or commercially parked on the premises. If autos are used or parked, INSURANCE REQUIREMENTS FOR MOST CONTRACTS should be used. If the tenant's activities include valet parking, with or without a fee, or servicing of automobiles, INSURANCE REQUIREMENTS FOR MOST CONTRACTS may need to be supplemented by additional coverage called garagekeeper's legal liability. The required limit for this coverage should be equal to the value of the maximum number of automobiles that may be in the tenant's custody.

Space rental, including short-term space rental for special occasions to groups who have no employees, such as club functions, weddings, dances, picnics or social dinners, crafts exhibitions or classes, animal shows and recreational activities, including baseball and football.

Use INSURANCE REQUIREMENTS FOR RENTAL OF FACILITIES

Special events policy is available through Risk Management.

Professional Instructors

Use INSURANCE REQUIREMENTS FOR PROFESSIONAL INSTRUCTORS

Use INSURANCE REQUIREMENTS FOR PROFESSIONAL INSTRUCTORS

Information Technology Professional Services (software development) or Information Technology Vendor Services (data storage).

Use INSURANCE REQUIREMENTS FOR IT PROFESSIONAL SERVICES

*Include a confidentiality clause, backup schedule, minimum response time, and a data breach notification requirement in the contract. Contact Risk Management for other considerations based on scope of work.

Other

Contact Risk Management if you have a contract that does not fit one of the scenarios listed on this matrix. Risk Management will assist in developing a custom Exhibit for based on the type of work being contracted.