OREGON STATE UNIVERSITY

Certificates of Insurance

 

A Certificate of Insurance (also known as a COI) is a document from an insurance agent/broker that serves as evidence of insurance coverage; it outlines the type of insurance, the limits of liability and the effective and expiration dates of coverage. It is important to note that a certificate of insurance is only evidence of coverage in effect at the time of issuance of the certificate; it is not an insurance policy nor does it convey any rights to the certificate holder.

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When a Vendor Requires a Certificate of Insurance

Certificates of Insurance are often requested by outside parties with whom OSU contracts. Examples of when OSU may be required to provide a certificate of insurance when: using of an off-site location to host an event; entering into a contract for services; leasing or renting real estate or equipment; and accepting a grant award.

To request a Certificate of Insurance:

Please allow at least 3 to 5 business days after submitting all required information to receive the certificate of insurance.

 

When Oregon State University Requires a Certificate of Insurance

A properly completed Certificate of Insurance must be obtained before services may be provided or others are permitted to use OSU facilities.

The Certificate of Insurance must have the following:

  • The named insured must match the name in the contract.
  • The appropriate coverage and limits must be shown.
  • The Certificate Holder section should show the OSU contact name and address.
  • The Description of Operations should refer to the specific duty, service or event.
  • OSU must be listed as an Additional Insured as follows:

"Oregon State University, its officers, board members, employees and agents are included as additional insured."

A policy endorsement must come from the insurer affording additional insured status. This document must be very specific in naming the additional insured as follows:

"Oregon State University, its officers, board members, employees and agents are included as additional insured."