3-6B-5: INSURANCE REQUIREMENTS:
   A.   Amount Of Insurance: Prior to the issuance of a license, the applicant shall present to the Village Clerk a certificate of insurance issued by an insurance company licensed to do business in the State that evidences insurance covering the applicant against public liability and property damage with limits of liability not less than the following:
 
Worker's compensation
Statutory as amended from time to time
Employer's liability
$ 500,000.00 each occurrence
Bodily injury liability, except automobile
500,000.00 each occurrence
1,000,000.00 aggregate
Property damage liability, except automobile
500,000.00 each occurrence
1,000,000.00 aggregate
Automobile bodily injury liability
1,000,000.00 each person
3,000,000.00 each occurrence
Automobile property damage
500,000.00 each occurrence
 
   B.   Cancellation: Each such certificate shall have an endorsement to the effect that such insurance may not be cancelled by the insurer thereof without at least sixty (60) days' prior written notice to the Village. (Ord. 97-1992, 1-27-1997)