Certificates of Insurance

The University requires a Certificate of Insurance from any vendor providing a service under contract with the University. It is the responsibility of departments to obtain certificates of insurance from all vendors/contractors who perform services on campus. Bryant University should be named additional insured on the certificate. A certificate is not a binding document. This certificate is proof that a person or company has insurance. It requires that notice be given to the certificate holder 30 days prior to the policy being cancelled or amended. The certificate is an indication that a policy is in effect.

All contractors/vendors should have the following minimum insurance coverage, unless approved in advance by the Risk Manager.

Commercial General Liability - $1,000,000

Commercial Automobile Liability - $500,000

Workers Compensation – Statutory

Employers’ Liability - $100,000

These are the most common Certificates of Insurance requested by the University; however, other lines of insurance coverage may be required for certain types of exposure, and limits of liability may vary depending on the type of contract.

It is also recommended that insurance carriers have a minimum A.M. Best rating of "A" or better. Ratings indicate the size and financial stability of the insurance company. The agent shown on the certificate can provide you with information regarding these ratings.