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EXHIBIT D 2016 2017 INSURANCE REQUIREMENTS1. RECIPIENT Insurance. RECIPIENT, at its sole cost and expense, for the full term of this Agreement (and any extensions thereof), shall obtain and maintain

How to fill out subrecipient insurance

How to fill out subrecipient insurance

1. Obtain the necessary insurance requirements from the project or program manager or funding agency.
2. Contact potential insurance providers to gather quotes and determine the best policy for your organization's needs.
3. Fill out the subrecipient insurance application form with accurate and complete information.
4. Attach any supporting documents requested, such as certificates of insurance or proof of coverage.
5. Review the completed application for accuracy and completeness, ensuring all sections are filled out correctly.
6. Submit the application and any required documents to the project or program manager or funding agency according to their specified instructions.
7. Follow up with the project or program manager or funding agency to ensure they have received and reviewed your application.
8. If approved, obtain and maintain the required insurance coverage for the duration of the subrecipient agreement.
9. Regularly review and update your insurance coverage as needed to comply with any changes in requirements or regulations.

Who needs subrecipient insurance?

1. Any organization or individual that is designated as a subrecipient in a grant or contract agreement may need subrecipient insurance.
2. This can include nonprofit organizations, government entities, universities, research institutions, and other entities that receive funding or resources from a primary grantee or contractor.
3. Subrecipient insurance provides protection against liabilities and risks associated with the activities or services being provided as a subrecipient.
4. The specific need for subrecipient insurance may be determined by the project or program manager, funding agency, or the terms and conditions of the grant or contract agreement.

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What is subrecipient insurance?

Subrecipient insurance is a type of insurance that organizations take out to protect themselves when they subcontract work to another entity.

Who is required to file subrecipient insurance?

Any organization that contracts work out to a subcontractor is required to file subrecipient insurance.

How to fill out subrecipient insurance?

To fill out subrecipient insurance, organizations must provide information about the subcontractor, the type of work being subcontracted, and the coverage amount.

What is the purpose of subrecipient insurance?

The purpose of subrecipient insurance is to protect organizations from liability in case the subcontractor fails to complete the work or causes damages.

What information must be reported on subrecipient insurance?

Information that must be reported on subrecipient insurance includes the subcontractor's name, contact information, the scope of work, and the coverage amount.