Insurance Requirements for Vendors, Service Providers, Contractors, and Consultants

All vendors, service providers, contractors or consultants, entering the University premises are required to show proof of adequate insurance. All departments must obtain a Certificate of Insurance from the contractor or vendor prior to the start of any work and/or the start of a contract/agreement. The following minimum insurance standards shall apply to all Service Providers and/or Vendors performing, selling, or distributing products and services at Yeshiva University.  If a product or service, in the opinion of the Risk Management Department and/or the General Counsel's Office, represents an unusual or exceptional risk, additional insurance requirements for that product or service may be established.

Workers Compensation: Statutory limits are required, and Employer’s Liability Insurance with limits of not less than $1,000,000

Commercial General Liability Insurance: Including Bodily Injury and Property Damage Liability, Independent Contractors Liability, Contractual Liability, Product Liability and Completed Operations Liability in an amount not less than $2,000,000 combined single limit, per occurrence, and $2,000,000 aggregate. The general liability additional insured coverage must be provided in the form of an endorsement to the contractor’s insurance using ISO CG 2010 (07/04) or its equivalent, specifically naming Yeshiva University

Automobile Liability: For vendors who will drive on University property, Automobile Liability in an amount not less than $2,000,000 per occurrence for bodily injury and property damage, including owned, hired and non-owned vehicle coverage

Professional Liability: $2,000,000 each claim for all professional services including, but not limited to, architects, engineers, consultants, and testing services

Property Coverage: The University is NOT responsible for any equipment or property that is lost, stolen, damage, or left behind by any vendors, service providers, contractors or consultants

Additional limit of liability may evidence through an Umbrella or Excess Liability policy. Coverage should “following form” subject to the same provisions as, the underlying policies required for General Liability and Commercial Auto Liability Insurance. The University reserves the right to request additional insurance if in its opinion a contracted product or service represents an unusual or exceptional risk; and to request, at any time, complete, certified copies of all required insurance policies, including endorsements evidencing the coverage required by these specifications. 

The Certificate of Insurance must be issued as follows:

Yeshiva University
The Contracting Department
500 West 185th Street, BH 1016, New York, NY 10033

Or

Albert Einstein College of Medicine of Yeshiva University
The Contracting Department
1300 Morris Park Avenue, Bronx, NY 10461

Yeshiva University must be added as an Additional Insured as follows:

Yeshiva University, Albert Einstein College of Medicine, all Subsidiaries and Affiliated Entities of Yeshiva University must be included as an additional insured and waiver of subrogation on the vendor’s general liability insurance policy as it pertains to the work done/service provided/product delivered to the University. Such insurance must be primary and non-contributory to any other valid and collectible insurance. All polices must be written by a carrier licensed in the State of New York and rated at least “A” in A.M. Bests.

Any liability coverage on a ''claims made'' basis should be indicated on the certificate. Renewal certificates of insurance must be provided annually until all work or services are completed.

Verification of Coverage

The service provider shall furnish Yeshiva University with original certificates and amendatory endorsements effective coverage required by the contract. The endorsements should be on insurance industry forms, provided those endorsements conform to the contract requirements.

All certificates and endorsements are to be received and approved by Yeshiva university Procurement Services and Risk Management Department before any work/service begins. Upon approval, a copy of the insurance certificate and endorsement from the service provider must be attached to the contract/agreementas an exhibit, and sent to Procurement Services for its central file.

Other organizations may request that you provide them with a "Certificate of Insurance" as proof of the University's insurance coverage. To request a certificate of insurance, please complete a Certificate of Insurance Request Form and forward it to the Risk Management Department by email or a fax along with a copy of the contract/agreement.