(A) A franchisee shall maintain, and by its acceptance of a franchise, specifically agrees that it will maintain, throughout the entire length of the franchise period, at least the following liability insurance coverage insuring the village and the franchisee: worker’s compensation and employer liability insurance to meet all requirements of Illinois law and comprehensive general liability insurance with respect to the construction, operation and maintenance of the cable system and the conduct of the franchisee’s business in the village, in the minimum amounts of:
(1) One million dollars for property damage resulting from any one accident;
(2) Five million dollars for personal bodily injury or death resulting from any one accident; and
(3) Two million dollars for all other types of liability.
(B) These insurance requirements shall not be construed to limit the liability of a franchisee for damages under any franchise issued hereunder.
(`92 Code, § 8-1-100) (Ord. 96-19, passed 10-2-96)