Vendor Liability (Procurement)

Vendor Liability (Procurement)  

OVERVIEW

Vendor Liability Insurance provides protection against claims of bodily injury and property damage liability for work performed by selected Vendors and Contractors who are under contract with Stanford University, and the litigation costs to defend against such claims. In addition, miscellaneous errors and omissions coverage provides protection against professional errors that result in financial harm to a third party.


(Please note, if you are an exhibitor, performer or vendor selling products at a campus event, Vendor/Contractor Liability insurance is not applicable.)

Get a Vendor Liability Quote Today

To apply for coverage, simply download the fillable application form.
Vendor Liability Application Form

Vendor Liability

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  • Stanford University Vendor Liability Program
    Protects approved vendors working under contract for Stanford University.

    Tokio Marine will consider work done outside of the U.S.A., its territories or possessions or Canada as long as the work is related to the contractual agreement between Stanford University and the Vendor. The application must include each location and the percentage of time that will be spent working at each location. Underwriting review will be required.

  • Coverage Highlights

    Provides coverage for lawsuits arising from:

    • Bodily Injury
    • Property Damage Liability
    • Errors & Omissions (professional liability)
    • Cost of Investigation and Defense of Claims

  • Coverage Limits

    Untitled Document

    Coverage

    Limits

    General Liability Per Occurrence Limit

    $1,000,000

    Personal & Advertising Injury Limit

    $1,000,000 (any one person or organization)

    General Aggregate Limit

    $2,000,000 (per Vendor)
    Subject to a $10,000,000 Master Policy General Aggregate

    Products-Completed Operations Aggregate Limit

    		 $2,000,000

    Damage To Premises Rented To You Limit

    		$100,000 (any one premise)

    Medical Expense Limit

    $5,000 (any one person)

    Miscellaneous Professional Liability

    $2,000,000 per claim/$2,000,000 aggregate (Per Vendor)
    Separate from the General Aggregate and Products Completed Operations Limit.

  • Cost

    For approved Vendors/Contractors, this insurance will cover all projects falling within the scope of such contract from the contract start date between the Vendor/Contractor and Stanford University.  There are four coverage period options available.  Select the coverage period that is inclusive of the start and end date of the contract with the university.  Each approved Vendor/Contractor will be listed as an Additional Named Insured on the Master Policy issued to Stanford University and will be provided a Certificate of Insurance.

     

    Coverage Period Up to 1 Month Up to 3 Months Up to 6 Months Up to 12 Months
    Cost $150 $400 $600 $1,000

     

    If you have questions or need more information, you may refer to the information provided on this product page or contact our service representatives Monday through Friday, 8am to 5pm (CT) at 1-866-838-9536 or anytime at [email protected].

  • Claim Submission (Tokio Marine)

    1.  Gather the Facts

    When reporting a notice of loss (injury, property damage to third parties, auto accidents, etc.; related to a registered event), please provide as much detail as possible. This should include, but not be limited to, Insured Name (The Board of Trustees of the Leland Stanford Junior University), Contact Name (Vendor/Contractor’s name), Master Policy Number, Claimant Name, Claimant Contact Information, Date of Loss, Location of Loss, Cause of Loss, Your Certificate of Insurance or Reference Number, Initial Steps Taken to Mitigate the Loss, Type (s) and Description of Damage and Estimated Amount of Loss.

     

    2.  Report

    Available Online

     

    Philadelphia Insurance Companies

    Attention: Claims Department

    One Bala Plaza, Suite 100

    Bala Cynwyd, PA 19004-0950

     

    Phone: 800-765-9749

    Fax: 800-685-9238

    Email – [email protected]

     

    3.  Follow Up

    The claims customer service department will immediately process your first notice of loss and you will be contacted by your servicing representative.

  • Contacts
     Direct Phone
     1-866-838-9536
     Hours
     M-F 8am-5pm CT
     Email
     [email protected]
     Mailing Address
     PO Box 14521
     Des Moines, IA 50306
     Street Address for Express Shipments
     AMBA
     4050 114th Street
     Urbandale, IA 50322