Sample Insurance Template – Procurement

Description

CITY OF EVERETT, MASSACHUSETTS STANDARD INSURANCE LIMIT REQUIREMENTS The following minimum insurance limits shall apply to the Contract and be provided by the Contractor. The Contractor shall refer to the Contract Documents for all other insurance requirements relating to this Contract. Where applicable, the City reserves the right to adjust insurance requirements based on the nature of the services provided. Coverage General Liability 1 Estimated Construction Cost - General Contractor $1,000,000 per Occurrence/ $2,000,000 Aggregate Auto 2 - $1,000,000 each accident Worker’s Compensation - Statutory Employers Liability under $1m $500,000 Each Accident $500,000 Disease - Each Employee $500,000 Disease - Policy Limit Employers Liability $1m and over $1,000,000 Each Accident $1,000,000 Disease - Each Employee $1,000,000 Disease - Policy Limit Excess/Umbrella under $1m $2,000,000 Per Occurrence $2,000,000 Aggregate or Higher Excess/Umbrella between $1m and $5m $5,000,000 Per Occurrence $5,000,000 Aggregate or Higher Excess/Umbrella under $10m $10,000,000 Per Occurrence $10,000,000 Aggregate or Higher Excess/Umbrella $10m and over $20,000,000 Per Occurrence $20,000,000 Aggregate or Higher 1 Must evidence per location aggregate or per project aggregate. 2 Combined single limit Coverage Professional Liability Estimated Construction Cost under $5m General Contractor $1,000,000 Per Occurrence $1,000,000 Aggregate or Higher Professional Liability under $10m $2,000,000 Per Occurrence $2,000,000 Aggregate or Higher Professional Liability $10m and over $5,000,000 Per Occurrence $5,000,000 Aggregate or Higher Contractor’s Pollution Liability - $5,000,000 per occurrence and $5,000,000 Annual Aggregate or higher. Drone/UAV Aircraft Liability 3 - No less than $2,000,000 Required only if the work of the vendor includes operation, or arranging for the operation, of unmanned aerial systems (i.e., drones) services. 3