Every applicant shall be required to:
(a) At all times maintain public liability insurance in the form of a commercial or comprehensive general liability policy, or an acceptable substitute policy form as permitted by the Town, with a minimum combined single limit of $2,000,000.00 aggregate for any one occurrence. The coverages required herein shall be subject to review and approval by the Town for conformance with the provisions of this section;
(b) At all times keep on file with the Town Clerk a current certificate of insurance signed by a qualified agent of an insurance company licensed to do business in the State and approved by the Town for conformance with the provisions of this section evidencing the existence of valid and effective policies of insurance naming the Town as an additional insured for the coverage required by this section, the limits of each policy, the policy number, the name of the insurer, the effective date and expiration date of each policy, the deductibles or self-insurance retainers of each policy. (Passed 6-27-17.)