SCHOLARSHIP FOUNDATION INSURANCE

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ADDITIONAL INSURED - Download Additional Insured Certificate Request
Occasionally, someone will ask that they be added to your General Liability insurance policy as an Additional Insured, or that they be named as an Additional Insured onto your General Liability insurance policy. This usually occurs when you are having some type of meeting or event in a building or upon property that your Scholarship Foundation does not own, such as a school, bank or community center. This school, bank or community center is known as the facility.

The practice of a facility requiring that they be named as an Additional Insured on a $1,000,000 General Liability insurance policy by all persons or entities renting or using the site, is quite common. This insurance industry practice is a well known and proven method
of Loss Control or Risk Transfer from the standpoint and to the benefit of the facility. It is so common that the Additional Insured wording is usually contained within the insurance requirement section of the Facility Rental Agreement or Facility Use Agreement. It is important that when you complete this request form, that you get this Additional Insurance wording exactly correct. Otherwise, the facility will not accept the Additional Insurance Certificate that we provide to you which, in turn, you provide to the facility as proof of insurance.




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