P8.14.doc - Policy Circular P8.14 STATE OF NEW JERSEY...

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Policy Circular P8.14 STATE OF NEW JERSEY DEPARTMENT OF HUMAN SERVICES SUBJECT: Minimum Standards for Insurance EFFECTIVE: This policy circular shall become effective on August 1, 2009 and shall be implemented as new Contracts commence or existing Contracts are renewed. PROMULGATED: July 20, 2009 SUPERSEDES: Policy Circular P8.14 , promulgated July 15, 2001. The purpose of this circular is to establish the minimum standards for insurance coverage. I. SCOPE This policy circular applies to Provider Agencies that are covered by the Department of Human Services’ Standard Language Document for Social Services and Training Contracts and to Tuition Agreements. It does not apply to Individual Provider Agreements (Contracts with sole practitioners who are not incorporated), Agreements with Another State Agency, or to two party consultant agreements. II. DEFINITIONS In addition to defined terms included in the Glossary of the Manual, the following terms, when capitalized, shall have meanings as stated: Additional Insured means an endorsement to an insurance policy extending the coverage to the State of New Jersey, Department of Human Services and its Departmental Component against loss in accordance with the terms of the policy. Designating the State of New Jersey, Department of Human Services and its Departmental Component as an additional insured permits the Department to pay the premium should the insured fail to do so. Broad Form means liability coverage that provides insurance for multiple types of perils. A Broad Form policy provides
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2 P8.14 all risks coverage in one policy except for listed exclusions.
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