Subd. 1. Prior to the issuance of a license under this chapter, the applicant shall submit proof to the city in the form of insurance policies or certificates of insurance acceptable to the city, and issued by insurance companies authorized to do business in the state for the following polices:
a. Professional liability in the practice of massage for a minimum limit of $1,000,000
b. General liability for bodily injury and property damage liability with a minimum combined single limit as follows:
(1) General aggregate $2,000,000
(2) Each occurrence $1,000,000
c. Workers' compensation and employers' liability as required by the state.
Subd. 2. Should any of the policies be canceled or not renewed before the expiration date thereof, the issuing company shall mail 30 days written notice to the City Clerk, except such notice shall be ten days for nonpayment of premium.
Subd. 3. The insurance policies shall be written with an insurance company having a minimum Best's Key Guide of A-VII, or as approved by the city's insurance agent.
(Ord. 600, passed 4-10-2023)