{"id":87,"date":"2016-07-05T13:20:19","date_gmt":"2016-07-05T18:20:19","guid":{"rendered":"https:\/\/uwm.edu\/risk-management\/?page_id=87"},"modified":"2016-07-13T12:15:31","modified_gmt":"2016-07-13T17:15:31","slug":"standard-insurance-requirements","status":"publish","type":"page","link":"https:\/\/uwm.edu\/risk-management\/standard-insurance-requirements\/","title":{"rendered":"Standard Insurance Requirements"},"content":{"rendered":"

The following minimum insurance limits apply to vendors doing business with the State of Wisconsin. The “Standard Insurance Limits” apply to all procurements except high-risk service procurements. ALL policies must be issued with a 60 day cancellation notice, by an insurance company licensed to do business in the State of Wisconsin, with a minimum AM Best rating of “A-” and signed by an authorized agent.<\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t

COVERAGE TYPE<\/p><\/th>

MINIMUM LIMIT<\/p><\/th>\n<\/tr>\n<\/thead>\n

Worker's Compensation<\/strong>
\n<\/td>		Statutory Limits<\/td>\n<\/tr>\n
Employer's Liability<\/strong>
\n
\n
  • Each Accident<\/li>
    \n
  • Disease - Policy Limit<\/li>
    \n
  • Disease - Each Employee<\/li><\/td>

    • \n
    \n$100,000
    \n
    \n$500,000
    \n
    \n$100,000
    \n<\/td>\n<\/tr>\n
    Commercial General Liability<\/strong>
    \n
    \n
  • Each occurrence<\/li>
    \n
  • General Aggregate & Products Liability<\/li><\/td>

    • \n
    \n
    \n$1 million
    \n
    \n$2 million<\/td>\n<\/tr>\n
    Automobile Liability<\/strong>
    \n
    \n
  • Combined single limit<\/li><\/td>

    • \n
    \n$1 million<\/td>\n<\/tr>\n
    Additional Insured Provision:<\/strong>
    \n
    \n
  • The contractor shall add the \"Board of Regents of the University of Wisconsin System, its officers, employees and agents\" as an additional insured under the commercial general liability policy.<\/li><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    Source<\/strong>: State Procurement Manual, Number PRO-D-34, Eff. 3-1-97.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The following minimum insurance limits apply to vendors doing business with the State of Wisconsin. The “Standard Insurance Limits” apply to all procurements except high-risk service procurements. ALL policies must be issued with a 60 day cancellation notice, by an… Read More<\/a><\/p>\n","protected":false},"author":779,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-87","page","type-page","status-publish","hentry"],"yoast_head":"\nStandard Insurance Requirements - FAA USA Risk Management Program<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/risk-management\/standard-insurance-requirements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Standard Insurance Requirements\" \/>\n<meta property=\"og:description\" content=\"The following minimum insurance limits apply to vendors doing business with the State of Wisconsin. 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