Insurance Requirements
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Insurance Requirements for |
SPX Corporation Offsite Vendors
Please forward a certificate of insurance conforming to these minimum requirements:
1) General Liability insurance with minimum limits of $2,000,000 per Occurrence, $2,000,000 Prod/CO Aggregate, $2,000,000 General Aggregate. If your policy limits are less than these requirements, your certificate should include any excess or umbrella policies that extend the general liability limits.
2) General Liability must cover Premises and Operations, Products and Completed Operations, Underground, Explosion and Collapse, Contractual Liability, Independent Contractors, Broad Form Property Damage, and Personal/Advertising Injury.
3) The Certificate holder MUST be named as an additional insured on the General Liability coverage.
4) General Liability must include a waiver of subrogation and indicate as such on the certificate.
5) All certificates must include an authorized signature and provide for at least 30 days notice of cancellation.
6) All coverages must be written by a carrier with a minimum A.M. Best rating of A- or better AND a financial size classification of VII or higher.
7) Claims-made coverages are not acceptable
Any deductibles or self-insured retentions should be noted on the certificate.
DO NOT send your certificate directly to SPX Service Solutions
but direct it as follows:
Certificate Holder: (must be EXACTLY as shown below)
SPX Corporation – Service Solutions
c/o Ebix BPO Inc
PO Box 257, Dept. 8-140191
Portland, MI USA 48875
or
Fax: (517) 647-7900
E-Mail: rmartzke@periculum.com
click on link below for printable version
Insurance Requirements for Offsite Vendors 5_17_2010
