Common use of INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY Clause in Contracts

INSURANCE AND PROOF OF FINANCIAL RESPONSIBILITY. The State of Wisconsin, including the board of Regents of the University of Wisconsin System, is self-funded for liability (including general, professional, and automobile) under secs. 895.46, 893.82 and 20.505(2)(k) of the Wisconsin Statutes. This protection provides coverage for UW's officers, employees and agents, while in the course and scope of their duties. The State of Wisconsin Liability Program is funded to pay in excess of $1 million for negligent acts or omissions of its officers, employees, and agents, in accordance with the statutes. Coverage is continuous under the law. A certificate of insurance is not available, nor may a sponsor be named as an additional insured.