In order to participate in CEAS, each company must provide a certificate of insurance naming the municipality/government authority and BNET as additional insured on their respective General Commercial Liability policies. Each Participant company must also carry a minimum of $1,000,000 in worker compensation*. Insurance levels are based on the potential amount of CEAS cards a company can apply for, which is determined by the full-time employee (FTE) population for each facility.
*Some exceptions to this policy may be made by the governing jurisdiction if hardship can be articulated.
Below is a chart, which indicated the levels of insurance, required in most CEAS programs. Check your individual Participation Agreements for requirements specific to your region.
| Total FTE's Per Facility | Min. CGL Insurance Required* | Min. Worker's Compensation Ins. |
|---|---|---|
| 1 - 20 | $1,000,000 | $1,000,000 |
| 21 - 100 | $2,000,000 | $1,000,000 |
| 101 - 1000 | $5,000,000 | $1,000,000 |
| 1001 + | $10,000,000 | $1,000,000 |
*Occurance Based
