NSITE DOCUMENT

Insurance Requirements for Quotes.docx

  • Library: Purchissues
  • Year Created: 2014
  • File Type: DOCX
The document outlines the insurance requirements for obtaining quotes, specifying the necessary coverage limits for Commercial General Liability, Automobile Liability, and Worker's Compensation. It also mentions the need to list KCDC and related parties as additional insureds, with the vendor's insurance being primary. The document emphasizes the importance of providing advance notice for cancellations or material changes, submitting Certificates of Insurance at no cost, and disclosing any deductibles or self-insurance retentions over $50,000. Additionally, it states that the insurer must waive subrogation rights against KCDC and its affiliates, and all policies should be on an occurrence basis unless approved otherwise.
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