(A) The company shall indemnify the town for, and hold it harmless from, all liability, damage, cost, or expense, including but not limited to, attorney's fees, arising from claims of injury to persons or damage to property, which may arise out of or be caused by the erection, construction, replacement, removal, maintenance, and operation of the company's community antenna television and audio communications service, and resulting from or by any negligence, fault, or misconduct on the part of the company, its agents, officers, servants, and employees. Any property of the town damaged or destroyed in connection with the construction or operation of the cable system shall be promptly repaired or replaced by the company and restored to serviceable condition.
(B) The company shall carry a general comprehensive liability insurance policy with the following limits:
(1) Bodily injury, including death, $500,000, for any one person and $1,000,000 for any one accident.
(2) Property damage, $500,000.
(3) Contractual liability, $500,000.
(C) In addition the company shall carry worker's compensation insurance as provided by the laws of the state.
(D) The company shall furnish to the town a certificate of such insurance indicating that said insurance may only be cancelled upon 30 days notice in writing to the town.
('82 Code, § 25-36-1-1(f)) (Ord. passed 1-22-80)