During the term of a permit issued pursuant to this chapter, the permittee or his or her funeral escort service employer shall maintain in full force and effect at the permittee's or his or her employer's own cost a comprehensive auto and general liability insurance policy:
A. In an amount no less than five hundred thousand dollars ($500,000.00) single limit per occurrence; and
B. Issued by an admitted insurer or insurers as defined by the California Insurance Code; and
C. Providing that the city, its officers, employees and agents are to be named as insureds under the policy; and
D. Covering all losses and damages as specified in Section 10.28.070 of this chapter; and
E. Stipulating that the policy will operate as primary insurance and that no other insurance effected by the city or other named insured will be called on to contribute to a loss covered thereunder; and
F. Providing that no cancellation, change in coverage, or expiration by the insurance company or the insured shall occur during the term of the funeral escort service permit, without thirty (30) days written notice to the city prior to the effective date of such cancellation or change in coverage.
In the event of failure of any permittee or his or her funeral escort employer to maintain in effect such insurance policy, the director of finance shall order the cancellation of the permit as provided in this section and Section 10.28.090 of this chapter. (Prior code § 25.11.198)