No blasting permit shall be issued unless and until the applicant has deposited with the Municipality, in a form approved by the Director of Law, a liability insurance policy, as follows:
(a) The policy shall state minimum coverages of five hundred thousand dollars ($500,000) per person and one million dollars ($1,000,000) per accident for bodily injury, including wrongful death.
(b) The policy shall state minimum coverages of five hundred thousand dollars ($500,000) for aggregate property damages.
(c) Any blasting exclusion shall be eliminated from the policy by endorsement. If the policy form does not contain such an exclusion, blasting damage losses shall be specifically insured by the policy itself, or by proper endorsement thereto, in an amount not less than the amount of coverage provided in subsections (a) and (b) hereof.
(d) The Municipality shall be named as an additional insured on the policy and ten days written notice of cancellation shall be required to be given to the Municipality.
(Ord. 1988-29. Passed 9-12-88.)