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Printed Date: 9/22/2015
Supplier standard 10 states that 'a supplier must have comprehensive liability insurance in the amount of at least $300,000 that covers both the supplier's place of business and all customers and employees of the supplier. If the supplier manufactures its own items, this insurance must also cover product liability and completed operations.'
Note, the standard states the 'place of business and all customers and employees' of the business must be insured. Therefore, the insurance policy must indicate the address of the location being insured.
If you have a policy that covers more than one location, be sure the policy either states this is a blanket policy which covers all locations under your tax ID or it lists each separate location being covered.
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Last Updated: 03/01/2021
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