Risk Adjusted Insurance Limits
| CLASS |
General Liability Occurrence/Aggregate |
Auto |
Workers' Comp |
Employers' Liability |
|---|---|---|---|---|
| CLASS A | $10M / $10M | $1M | Statutory | $1M |
| CLASS B |
$5M / $5M | $1M | Statutory | $1M |
| CLASS C |
$3M / $3M | $1M | Statutory | $1M |
| CLASS D | $1M / $1M | $1M | Statutory | $1M |
Additional Insurance Requirements
- The Description of Operations (“Additional Insured”) language shall be:
"Client name., its affiliated companies, and their Owners, officers and employees must be included as Additional Insureds on Comprehensive General and Automobile Liability policies." - Insurer must have a AM Best rating of A- and FSC Class of VII or better.
- THE LIMITS REQUIRED MAY BE SATISFIED BY ANY COMBINATION OF PRIMARY AND EXCESS COVERAGE
Minimum Requirements by Product or Service Category
| Supplier Categories | CLASS |
|---|---|
| Chemicals, Coatings & Minerals:
Metal Surface Preparation Agents
Coatings, Paints & Sealants
Bulk Silica, Garnet, Borax, etc. X
|
A D D |
| Contract Manufacturer:
Turnkey Contract Manufacturer
Printed Circuit Assembly Manufacturer
|
A A |
| Electrical/Electronic Components:
Wire & Cable
3rd Party Lighting Products
LED Light Engines
LED Drivers
Capacitors
Ballasts
Lampholders / Sockets
Other Electrical Components
Batteries
Other Electronic Components
Lamps
Transformers
PC Boards
|
A B A A A A A A A C A A A |
| Fabricated Components:
Fabricated Metal Components
Glass
Aluminum Louvers
Gaskets
Wire Guards
Wood Frames
Metal Reflectors
Aluminum Extrusions
Plastics
Mechanical Hardware
Castings
|
C B C B D C D C B C B |
| Freight Carriers / Logistics | TBD |
| Metals (coil, sheet, circles, tube, rod, shapes, ingot, etc.):
Tube/Rod/Shapes
Aluminum Circles X
Metal Ingot
Aluminum Coil/Sheet
Steel Coil/Sheet
Other non-Ferrous Coil/Sheet
|
D D D D D D |
| Packaging:
Packaging
Labels & Instruction Sheets
|
D D |
