Specialty Insurance

The information listed below are very brief and do not include all the specialty lines that The Regents of the University of California is covered. Coverages and deductibles apply to the entire UC system.

Boiler and Machinery

  • Description of Coverage: Equipment Breakdown including direct physical loss or damage and loss of Business Income/Extra Expense as a result of an accident to covered equipment.
  • Limit of Coverage: $100,000,000 Combined Policy Limit. (Note: Blanket Property Damage and Business Interruption is $1,000,000,000.)
  • Deductibles: $100,000 for Direct Damage, 24 hours for Indirect Damage, and Same as BI/8 Hours Waiting Period for Service Interruption.

Specie-Fine Arts & Library Collection

  • Description of Coverage: All Forms of (a) Fine Art of any nature or description and (b) Library Collection of any nature of description.
  • Limit of Coverage: $890,000,000 Any One Occurrence
  • Deductibles: $1,000,000 Any One Occurrence or series of occurrences arising out of the same event.

Scheduled Fine Arts

  • Description of Coverage: This policy covers paintings, etchings, drawing (including their frames, glasses and shadow boxes) rare books, manuscripts, rugs, tapestries, statuary, and other bona fide works of art, or rarity, historic value, or artistic merit.
  • Limit of Coverage: Call for details.
  • Deductibles: $1,000 for each claim for loss or damage separately occurring (applied only to owned objects); $10,000 for earthquake - each and every loss (applied only to owned objects).

Master Builders Risk

  • Description of Coverage: This policy insures against all risk of direct physical loss or damage to property insured while at the location of the Insured Project, while in offsite storage or while in transit, all within the policy territory and occurring during the term of this policy.
  • Limit of Coverage: Actual contract value as specified in the Project Certificate, but not exceeding the limits and sublimits. Call for details about the limits.

Non-Owned Aircraft Liability

  • Description of Coverage: This coverage is intended to cover liability caused by the occupancy or operation of aircraft which are neither owned in whole or in part by UC, nor held by UC under lease for a term of thirty (30) days or more. Coverage only applies to aircraft with a seating capacity of 15 or less total seats.
  • Limit of Coverage: $50,000,000 Combined Single Limit for Bodily Injury and Property Damage each occurrence sustained by any person, including Bodily Injury sustained by passengers; arising out of the occupancy and operation of "non-owned aircraft". $5,000 Medical Coverage for each person. $100,000 for any one aircraft. Aircraft must bear a Standard Airworthiness Certificate and have a certified gross weight not in excess of 12,500 lbs.
  • Deductibles: Liability for Physical Damage to aircraft subject to a deductible of $500 applicable to each and every "In Motion" loss and "Not in Motion" loss.

Foreign General Liability

  • Description of Coverage: This policy provides Commercial General Liability coverage, Contingent Automobile Liability coverage for Owned, Hired and Non-owned Autos; and Employee Benefits Liability.
  • Limit of Coverage: Depends on type of coverage. Call for details.

Excess Marine Liability

  • Description of Coverage: Excess Marine Liabilities including Protection & Indemnity, Pollution, Collision and Towers Liability, Longshoreman's and Harbor Workers' Compensation and Charterers Liability as covered by the Insured's underlying policy numbers SF06CFT360542, SF06LIA360542, and SF06LIA360543 and/or their respective renewals and/or as may be agreed by Underwriters.
  • Limit of Coverage: Call for details.

Marine Pollution

  • Description of Coverage: United States Oil Pollution Liability.
  • Limit of Coverage: $10,000,000.00 each one accident or occurrence, each vessel.

Marine Cargo

  • Description of Coverage: Goods and/or merchandise of every description incidental to the Assured's business, consisting principally of, but not limited to: scientific equipment and supplies, medical goods, automobiles and trucks, household goods and personal effects, property of the Assured or for which they are responsible, contractually or otherwise.
  • Limit of Coverage: $3,000,000 any one vessel, aircraft, conveyance or postal package.
  • Deductibles: $1,000 any one occurrence or series of occurrences arising out of one event.

Marine Charter Insurance

  • Description of Coverage: The University purchases ocean marine insurance which provides protection for the University in the event of liability while chartering non-University vessels. This coverage is in excess of the charter's legal liability insurance which the owner is required to carry and is only available for charters that are reported to Aon Risk Services, the University's Broker of Record.
  • Limit of Coverage: Call for details.