P&C Links

Information for suppliers

Bid & Contract Opportunities

Site Map

About Us

Mission Statement

Procurement & Contracts

Mailing Address:
9500 Gilman Drive, 0914
La Jolla, CA 92093-0914

Physical Address:
10280 N. Torrey Pines Road Suite 350
La Jolla, CA 92037-0914

Phone:
(858) 534-3084

E-mail:
purchasinginfo@ucsd.edu

Insurance

Summary: Learn about the University of California requirements for insurance.

The University of California's policy is that all suppliers doing business with the university carry insurance. This includes both suppliers that provide services and suppliers that provide goods. The information below summarizes standard insurance requirements for suppliers, including types of insurance coverage and the amount of insurance coverage suppliers need to carry.

Certificates of Insurance

A Certificate of Insurance provides proof that a vendor, contractor, consultant, or facility user has purchased an insurance policy and that The Regents have certain rights under that policy.

The university requires insurance certificates to ensure the protection of its assets from exposure to losses created by the liability of those with whom it does business. The certificate verifies that the supplier meets the indemnification and insurance requirements in a contract or agreement.

Insurance certificates issued to the University should name "The Regents of the University of California" as an additional insured and include the required insurance limits as indicated in the contract or agreement.

Requirements

Required levels of insurance vary with the type of goods or services supplied. Standard minimum insurance requirements are:

 Commercial General Liability
 Each Occurrence
 Products/Completed Operations Aggregate
 Personal and Advertising Injury
 General Aggregate


 $1,000,000
 $2,000,000
 $1,000,000
 $2,000,000

 Workers' Compensation as required by California State Law
 Workers' Compensation is required if a supplier has any employees. If a  supplier does not have any employees then the supplier is exempt from this  requirement.

 Business Auto Liability - specific cases only
 Business Auto Liability is required when a vendor is operating  a vehicle on university premises for other than commute  purposes.


 $1,000,000  (combined  single limit)

 Professional Liability - specific cases only
 Each Occurrence
 Aggregate
 Professional Liability policies are designed to cover errors and  omissions and the failure to render professional services.  Therefore, Professional Liability is appropriate for actuaries,  architects, engineers, physicians, lawyers, environmental  consultants and other professionals.


 $2,000,000
 $2,000,000

Find detailed information regarding UC insurance requirements in the University of California Business and Financial Bulletin (BUS) 63.

Expiration

When issuing a certificate pay careful attention to the policy expiration date. The buyer should ensure that:

  • The insurance does not expire before the end of the contract term. If it does, the buyer will request a new certificate before the expiration date.
  • If the contract is extended, the buyer will ask that the certificate is current. In some cases, coverage must continue for three years beyond the termination of the contract.

Retention

The university retains certificates for at least 3 years after the conclusion of the business for which the certificate was obtained.