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Subcontractors
Only
Insurance
Requirements
|
Subcontractor
and Material Supplier
INSURANCE
CERTIFICATE REQUIREMENTS
FOR PURCHASES OF $5000 OR MORE
|
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|
Type
of Insurance |
|
Limit
Description |
Limit
Amount |
|
|
A |
1.
|
General
Liability via Commercial General Liability
Policy Occurrence Basis
|
|
General
Aggregate |
$
2,000,000 |
| Products
Comp-Op Agg. |
$
1,000,000 |
| Personal & Adv.
Injury |
$
1,000,000 |
| Each
Occurrence |
$
1,000,000 |
| Fire
Damage |
$
100,000 |
| Medical
Expense |
$
5,000 |
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2. |
Automobile
Liability Covering any Auto
or
all owned autos, hired autos and non-owned autos
or
scheduled autos, hired autos, and non-owned autos. |
|
Combined
Single Limit |
$
1,000,000 |
| or |
|
| Bodily
Injury per Accident |
$
1,000,000 |
| Property
Damage |
$
1,000,000 |
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3. |
Excess
Liability via Umbrella Form |
|
Each
Occurrence |
$
2,000,000 |
| Aggregate |
$
2,000,000 |
| |
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4. |
Worker's
Compensation Employers Liability (Owners/Officers
must be INCLUDED for coverage) |
|
Each
Accident |
$
500,000 |
| Disease
- Policy Limit |
$
500,000 |
| Disease
- Each Employee |
$
500,000 |
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| B. |
|
Required
Endorsements (must be shown on certificate) |
| |
1. |
SFCS
INC. AND (INSERT NAME OF PROJECT OWNER) ARE
NAMED AS ADDITIONAL INSURED WITH RESPECT
TO ALL LIABILTY EXCEPT FOR WORKER'S COMPENSATION.
THIS INSURANCE IS PRIMARY AND NON-CONTRIBUTORY.
WAIVER OF SUBROGATION APPLIES IN FAVOR OF
SFCS INC.
|
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2. |
SFCS
inc. shall be given 30 days written notice
prior to cancellation of coverage. (Added provision
stating 10-day notice for non-payment is acceptable.) |
| |
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| |
3. |
Per
Project Aggregate applies to General Liability
policy. |
| |
|
| 4. |
Required
ISO Form GC 20 10 11/85 or equivalent to be
attached or referred to in certificate of insurance. |
| Back
to Subcontractors Menu |
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