Any Service Vendor providing professional services to Villanova (e.g. consultants, massage therapists, real estate services, professional training, etc) are required to carry the below insurance and provide evidence via a certificate of insurance.
Insurance Requirements- Professional Services
Villanova University listed as the certificate holder (Villanova University, Attn: Insurance and Risk Management, 800 Lancaster Avenue, Villanova, PA 19085)
Villanova University named as additional insured
- General Liability: $3,000,000 each occurrence
- Automobile Liability: $3,000,000 each accident. Only required if Professional Services Vendor will be driving on Villanova's premises. If Professional Services Vendor does not carry a business automobile liability insurance policy, the page(s) of the declarations polices showing policy dates and limits coverage the automobile(s) that will be on Villanova's premises should be submitted.
The General and Automobile Liability limits may be met via an Umbrella/ Excess Liability policy.
Professional Liability (Errors & Omissions): $1,000,000 each claim
Workers Compensation: Statutory*
Employers Liability: $100,000/ $500,000/ $100,000*
*If Professional Services Vendor is a sole proprietor or otherwise not required by law to carry workers compensation/ employers liability, these requirements are waived as long as the Professional Services Vendor attests in writing that those providing services on Villanova's campus carry health insurance.
If your maximum limits do not meet the above required limits, please provide a certificate evidencing your maximum limits and advise that these are your maximum limits. It is recognized that certain small vendors, contractors, or groups may not meet Villanova University’s standard insurance requirement limits. In those cases, a request for an exception may be made to the Insurance and Risk Management Department. However, no exceptions to the limits outlined above are permitted without the approval of the Insurance and Risk Management Department.
Note: The above insurance requirements apply to the Professional Services Vendor, as well as all subcontractors hired by the Professional Services Vendor to provide services and/or products to Villanova University.