Insurance Requirements for Outside Vendors

The following minimum insurance standards shall apply to all non-University vendors performing, selling, or distributing products and services at the University of Vermont (UVM). If a product or service, in the opinion of the Department of Risk Management, represents an unusual or exceptional risk, the Department of Risk Management may establish additional insurance requirements for that product or service.

Vendors shall name the University of Vermont as additional insured on its liability policies and shall provide a 30-day notice of cancellation or non-renewal of coverage to the University. The University does not need to be named additional insured on the vendor's workers compensation policy.

A copy of the Certificate of Insurance verifying the above coverages should be submitted to the department of Risk Management 20 days prior to vendor selling or distributing products and services at UVM. Any liability coverages on a "claims made" basis should be designated as such on the certificate.

Questions concerning this policy may be directed to the Department of Risk Management at 656-3242.