The following insurance requirements should be included in University contracts with third parties and apply for vendors doing business with the University. The University reserves its right to require You to obtain additional insurance and/or higher limits. Contact Institutional Risk Management with any questions at 315.443.4011 or email.
Before You perform any service for the University or provide any product and during the entire term of the purchase order, You shall procure and maintain during the term of this Agreement (and thereafter to the extent provided below), at Your own cost and expense, at least the following minimum insurance coverage and limits:
(a) NYS Workers Compensation: Statutory Limits; (b) Employers Liability: $1,000,000; (c) NYS Disability Benefits: Statutory Limits; (d) Commercial General Liability Insurance written on an occurrence basis with limits of $1,000,000 per occurrence and $2,000,000 aggregate to include coverage for, but not limited to, premises/operations liability, contractual liability, products and completed operations, independent contractors, personal and advertising injury, and fire legal liability ($50,000), naming Syracuse University as an additional insured. Completed operations coverage shall be maintained for a minimum period of three (3) years after completion of the Syracuse University contract or purchase order; (e) Automobile Liability Insurance to include all owned, hired, and non-owned vehicles with limits of no less than $1,000,000 combined single limit for bodily injury and property damage. The policy required in (d) shall name the University as an additional insured.
The policy shall be primary and noncontributory insurance ahead of any insurance carried by the University. If any of the insurance policies required include deductibles or self-insured retention, satisfaction of the deductibles or self-insured retention shall be Your sole responsibility. All insurance maintained by You must be underwritten by a company licensed to do business in the State of New York and rated at least “A-” by A.M. Best Key Rating Guide with a financial category of VIII or higher. at Your expense. You agree to indemnify Syracuse University, its trustees, officers, employees, and agents for any loss, claim or expense suffered by the University due to Your failure to be insured.
Certificate(s) of Insurance evidencing the required coverage shall be sent to:
Institutional Risk Management
621 Skytop Road, Suite 100
New York 13244
Certificates of insurance shall indicate that Syracuse University, its trustees, officers, employees, and agents are named as an “Additional Insured(s)” to Your commercial general liability insurance policy and shall contain a written provision that Your insurance is primary and non-contributory to any insurance the University may maintain.