During the term of this franchise, franchisee/contractor shall maintain in full force and effect the following insurance, naming Kill Devil Hills as an additional insured. Certificates of insurance shall be submitted to Kill Devil Hills within ten days of the franchise agreement. (Ordinance being enacted.)
COVERAGE | LIMITS OF LIABILITY
|
COVERAGE | LIMITS OF LIABILITY
|
Worker's Compensation | Statutory |
Employer's Liability | $ 500,000 |
Bodily Injury Liability Except Automobile | $1,000,000 each occurrence |
$1,000,000 aggregate | |
Property Damage Liability Except Automobile | $1,000,000 each occurrence |
$1,000,000 aggregate | |
Automobile Bodily Injury | $1,000,000 each person |
Automobile Property Damage Liability | $1,000,000 each occurrence |
Excess Umbrella Liability | $1,000,000 each occurrence |
(Ord. 08-14, passed 4-14-08)