Insurance Provisions - Illinois Mathematics and Science Academy

Insurance Provisions

INSURANCE REQUIREMENTS FOR THE USE OR RENTAL OF THE ACADEMY’S FACILITY

The rental applicant shall provide a Certificate of Insurance naming the State of Illinois – Illinois Mathematics and Science Academy as additional insured and declaring that the applicant’s policy is the primary policy for any claims of loss.

The certificate should contain a thirty (30) day notification provision to the certificate holder prior to cancellation or modification of the policy.

Required Limits:

General Commercial Liability – Occurrence form
    Per Occurrence…………………………………………………………………$1,000,000
        (Combined Single Limit Bodily Injury and Property Damage)
    Damage to Rented Premises – Per Occurrence…………………$1,000,000
      Annual Aggregate..…………………………………………………………$2,000,000
    Products & Completed Operations……………………………………$1,000,000
    Personal & Advertising Injury……………………………………………$1,000,000
Automobile Liability including Hired Auto and Non-owned Auto
    (Combined Single Limit Bodily Injury and Property Damage)
    Per Occurrence…………………………………………………………………$1,000,000
Worker’s Compensation…………………………………………………………Statutory Limits

Insurance shall not limit Lessee’s obligation to indemnify, defend, or settle any claims.

If you have any questions regarding the insurance coverage requirements, please contact Mr. Tim Klomhaus, Supervisor of Facilities and Administrative Services, 630-907-5045. 

Insurance Provisions