No license shall be issued unless and until the applicant shall furnish a certificate of insurance, cancelable only upon thirty (30) days written notice to the City Clerk of the City of Flint, in accordance with the following. Said policy of insurance shall indemnify the applicant in the sum of at least twenty-five thousand dollars ($25,000.00) for property damage, one hundred thousand dollars ($100,000.00) for injury or death to one person and three hundred thousand dollars ($300,000.00) for injury or death to more than one person in any one accident. In the event the applicant is covered by the Workers’ Compensation Law of the State of Michigan, said applicant shall furnish evidence of insurance in accordance with statutory requirements. Such policy of insurance shall indemnify the applicant for any and all liability to persons with whom he is transacting business and their property, in the above amounts, in addition to the public liability above specified. The certificate of insurance shall be approved as to form and content by the Chief Legal Officer. Upon cancellation or expiration of the required insurance, the City Clerk shall notify the licensee in writing and said licensee shall forthwith cease and desist from engaging in the business aforedescribed business.
(Ord. 2026, passed 1-22-1968)