§ A279-22. Liability insurance.

Latest version.

The company agrees to maintain and keep in full force and effect, at its sole expense at all times during the term of this consent, sufficient liability insurance naming the municipality as an insured and insuring against loss by any such claim, suit, judgment, execution or demand in the minimum amounts of $1,000,000 for bodily injury or death to one person and $5,000,000 for bodily injury, death or property damage resulting from any one accident or occurrence. The municipality shall be named an additional insured under this policy.

                    
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