Recognized Student Groups Contract Recommendations

Minimum Insurance Recommendations

for

Contracts and Joint Ventures

with

Recognized Student Groups

Dealing with insurance requirements is a pain, so why bother?

If someone gets hurt at an event you sponsor, they are likely to sue you. While RSGs have some insurance protection, you should always try to get protection from the contracted party responsible for the injury. You do this by requiring them to carry insurance and naming you an additional insured. The insurance company providing your protection expects you to do this any time you contract with someone.

Another reason this is a good idea is the insurance policy providing your protection has a number of exclusions. If the loss is excluded then you rely on the contracted party to protect you.

CERTIFICATE HOLDER:

[Name of the RSG]

[mailing address for RSG - may be an officer’s address]

Insurance Requirements

1. 1. General Liability
      • Each occurrence: $1 million
      • Products: $1 million
      • Damage to premises: $500,000
      • General aggregate: $1 million
      • The “COMMERCIAL GENERAL LIABILITY” box must be checked
      • The “OCCUR” box must be checked

1. Automobile Liability (this may be waived upon request, depending on the event and where held)
   
   • The box(es) that is/are checked must include a check in the box for Any Auto or All Owned, Hired and Non-Owned Autos
   • Combined Single Limit coverage: $1 million.
   • If separate Bodily Injury and Property Damage limits are purchased, each must be $1 million.

   The RSG reserves the right to require increased limits of coverage if, in the opinion of the RSG, any provision of the contract includes products or activity that is hazardous in nature or poses a higher than usual risk.

2. Worker’s Compensation
   

   The Contracted Party shall procure and maintain a Workers’ Compensation policy to cover its obligation under the applicable laws of Indiana, including its liability as an employer under common law (commonly known as Employer’s Liability Coverage “B”) with limits of not less than that listed below. Before commencing contracted activities you must be able to verify the company’s worker’s compensation coverage at https://www.ewccv.com/cvs/. If the Contracted Party is not required to carry workers compensation insurance then a Certificate of Exception must be obtained from the State. See Indiana DOR. Form WCE-1 can be obtained at https://www.in.gov/wcb/2339.htm (Look for Application for Worker’s Compensation Clearance Certificate).

   Worker’s Compensation:	Statutory
   Employer’s Liability:	$ 100,000 each accident or disease $ 500,000 policy limit $ 100,000 each employee