Insurance Requirements
Tenant COI Requirements
Please ensure the following information has been completed on the tenant COI form:
Producer: Name, address and telephone number for the insurance agent.
Insured: Name and address of the tenant, subcontractor, architect or general contractor.
Companies affording coverage: Name each insurance company providing insurance coverage.
Types of insurance: Verify that all coverage levels that apply are marked (e.g. commercial liability, automobile liability, excess liability and worker’s compensation and employer’s liability).
Policy number: Different policy number for each insurance type.
Policy effective and expiration dates: Coverage dates for the length of work performed.
Limits: The maximum insurance limits for each occurrence and in the aggregate afforded by each insurance policy.
Combined single limits for bodily injury and property damage:
General Liability per each occurrence: $2,000,000
Automobile Liability per each occurrence: $2,000,000
The above liability coverage can be made up through primary coverage or a combination of primary and umbrella coverage.
Worker’s Compensation: State statutory and applicable Federal statutory
Employer’s Liability: $1,000,000
The “Occur” boxes beneath Types of Insurance must be checked. Checked “Claims Made” boxes will NOT be accepted.
Special provisions: The following ownership entity and property management company should appear on the certificate EXACTLY as follows:
Additional Insureds: (MUST READ AS FOLLOWS)
Two North Riverside Plaza Joint Venture Limited Partnership, an Illinois limited partnership, Equity Group Investments, Chai Trust Company, L.L.C., Cushman & Wakefield U.S., Inc., and their respective agents, members, partners, employees, officers, directors, shareholders and lenders.
Certificate Holder: (MUST READ AS FOLLOWS)
Two North Riverside Plaza Joint Venture Limited Partnership
Cushman & Wakefield U.S., Inc.
Two North Riverside, Suite 300
Chicago, IL 60606
Broker MUST sign certificate.
Cancellation should specify 30 days written notification prior to cancellation.
Vendor COI Requirements
TYPE OF INSURANCE
GENERAL LIABILITY
AUTOMOBILE LIABILITY
MINIMUM COVERAGE
$2,000,000 Per Occurrence
The above can be made up through primary coverage or a combination of primary and umbrella.
WORKERS COMPENSATION & EMPLOYERS LIABILITY
Statutory
CANCELLATION NOTICE
$2,000,000 Per Occurrence
$1,000,000 Per Occurrence
$1,000,000 Each Employee/Disease
$1,000,000 Disease/Policy Limit
30 Days
Note: All General Liability policies MUST identify and read as follows:
ADDITIONAL INSURED: (MUST READ AS FOLLOWS)
Two North Riverside Plaza Joint Venture Limited Partnership, an Illinois limited partnership, Equity Group Investments, Chai Trust Company, L.L.C., Cushman & Wakefield U.S., Inc., and their respective agents, members, partners, employees, officers, directors, shareholders and lenders.
CERTIFICATE HOLDER: (MUST READ AS FOLLOWS)
Two North Riverside Plaza Joint Venture Limited Partnership
Cushman & Wakefield U.S., Inc.
Two North Riverside, Suite 300
Chicago, IL 60606
Insurance agents should email an electronic copy to 2NRPlaza@cushwake.com and send an original certificate to:
Cushman & Wakefield
Attn: Property Manager
Two North Riverside Plaza, Ste. 300
Chicago, IL 60606
Please click here to download a copy of Vendor COI Requirements
Please click here to download a copy of Tenant COI Requirements