upon renewal or change in limits or coverage each of the following:Certificates of insurance or documentation acceptable to Hilton Holdings, Inc.,
evidencing the insurance, including applicable endorsements. Where applicable each certificate must specifically identify and/or list: Insured location(s) by
name, address and Facility ID number.Relevant policy numbersRelevant parties as being named additional insured (as specified above)Correct Hilton legal
entity as certificate holder (Hilton Inc., 7930 Jones Branch Dr., McLean, VA 22102)For Property, Boiler & Machinery and Business
InterruptionWindstormEarthquake and/or Flood as appropriateTerrorism (unless provided separately)A signed letter written or translated to English from the
insurance agent or broker who placed the required insurance affirming that he or she has read and understood the insurance requirements contained in this
Manual. This letter must specifically address whether the insurance the agent or broker has placed complies with the insurance requirements set forth in
this Manual.A signed checklist from the insurance agent or broker indicating whether there is coverage for each of the minimum requirements set forth in
this Manual.For samples of these letters and checklists, as well as sample certificates and evidence of property insurance, please request a copy from
Hilton Holdings, Inc., Risk Management department at
[email protected] notice purposes the certificate holder is “Hilton Holdings, Inc.,
Attn: Risk Management, 7930 Jones Branch Drive, McLean, VA 22102"All certificates or other documents evidencing insurance must be provided in
English with currency indicated in U.S. dollars. Limits required in this standard may be satisfied in the local currency equivalent at the time the policy is
purchased.All evidence of insurance required herein including certificates must be sent, either by fax, email or upload, to Hilton Holdings, Inc.'s, external
partner as indicated on OnQ’s Risk Management page: Proof of Insurance (Certificates).Hilton Holdings, Inc.'s, external partner will review and audit each
certificate of insurance in line with requirements as set out in this Manual.If Franchisee/Owner does not obtain or maintain the required insurance or policy
limits, the Brand can (but is not obligated to) obtain and maintain the insurance or such portion of the insurance (Difference in Limits”/”Difference in
Conditions”) needed to bring Franchisee/Owner’s insurance in line with the requirements herein for Franchisee/Owner without first giving Franchisee/
Owner notice. If the Brand does so, then Franchisee/Owner must immediately pay the Brand upon request, the premiums and costs incurred by Brand.The
Brand makes no representation, implied or express, that the foregoing insurance requirements are adequate to protect Franchisee/Owner.The insurance
coverage requirements contained in this Manual are only minimum requirements. These requirements do not relieve Franchisee/Owner from responsibility
for any loss or claim for damages arising out of the Agreement. Franchisee/Owner must indemnify the Brand for any claim for damages due to failure of
Franchisee/Owner or any Contractor, supplier or vendor doing business with Franchisee/Owner to maintain adequate insurance.To ensure compliance, the
Brand strongly recommends that Franchisee/Owner reproduce all insurance requirements in this Manual in full and submit it to a licensed agent or broker
experienced in writing insurance for hotels.Failure of the Brand to demand evidence of compliance with the insurance requirements in this Manual or failure
of the Brand to identify a deficiency from evidence that is provided shall not be construed as a waiver of Franchisee/Owner's obligation to maintain such
insurance.At the request of the Brand, Franchisee/Owner must deliver a copy of each policy bearing certification of the insurance company underwriter(s),
that the policy is a complete copy of the policy issued with all endorsements to the Brand.The Brand may increase or decrease the minimum amount of
insurance, require additional or different types of insurance, or otherwise change the requirements to make them comparable to the amount and kinds of
insurance carried by other properties or hotels, taking into account the size and location of the hotel and changing circumstances in the law and insurance
marketplace.Franchisee/Owner must obtain and maintain any other insurance required by local or national statute or law.
United States: NOTE: All required insurance must be purchased from insurance companies with a financial rating acceptable to Hilton, which shall be no
less than A - VII if rated by the company A.M. Best.
Any deductibles or self-insured retentions above 50,000 USD or 5% of the replacement cost of the hotel must be declared to and approved by Hilton
Holdings, Inc.'s, Risk Management Department, at: 7930 Jones Branch Drive, McLean, V
A 22102; Email:
[email protected].
Evidence shall be provided via certificate upon renewal or change in limits or coverage and shall be provided to Hilton or their designee and must include
the following:With the exception of Commercial Property, Boiler & Machinery and WC, all policies obtained by Franchisee/Owner must name the
Franchisee/Owner as named insured, and must name Hilton Holdings, Inc., and its owners, subsidiaries and affiliates now or hereafter existing as
912.00 - INSURANCE
912.00-9 CONFIDENTIAL
Hampton - Brand Standards - Global
Generated On April 16, 2021