Off Campus Venue

It is an NYU requirement that the venue where the event is taking place fulfills the $2,000,000 per occurrence minimum coverage for any NYU related event.

  1. If the venue does not meet the $2,000,000 minimum per occurrence General Liability insurance coverage, the NYU event planner should advise the venue to check in with its insurance brokerage to document their excess/umbrella insurance, if applicable. 
    • For example, if the venue’s General Liability insurance is only $1 million per occurrence, they must purchase a single-event policy that will meet the $2 million requirement for NYU related events.
    • Please keep in mind that when venues purchase an additional event policy, it is likely that the cost of the purchase will be built into your total bill. Therefore, we recommend that the NYU event planner reviews the cost breakdown of the total bill carefully.
  2. If the venue does not have insurance coverage at all and/or refuses to purchase an event-policy, the NYU event planner might want to consider purchasing a single-event policy from our preferred insurance companies:

On Campus Venue

It is an NYU requirement that any caterers, musical acts, DJs, etc. that are serving or performing at an NYU-campus event space carry the $2,000,000 NYU-required minimum insurance coverage.

If they do not carry $2,000,000 minimum coverage,

  1. First, the NYU event planner should advise the third party vendor to check in with its insurance brokerage to purchase an event policy.
  2. If they do not have insurance coverage at all and/or need guidance on how and where to purchase an event-policy, the NYU event planner can advise them to go to NYU-preferred insurance brokerage at:
    • Campus Connexions
    • Enter New York University under "Find Your School". 
    • 3. Click TULIP/Tenant User Liability Insurance
    • 4. Click "Apply Now"

Risk Management team subsidizes the policy for suppliers. For additional questions the supplier may call the Customer Service line (866-838-9536).

*It is important to know that the Insurance is only available to suppliers with a US address.*

 

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