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.
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:
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."