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out of this Agreement however caused under a claim of any type or nature based on any theory of <br /> liability(including but not limited to:contract,tort,or warranty)even if the possibility of such damages <br /> has been communicated. <br /> 10. INSURANCE, LICENSURE,AND INTELLECTUAL PROPERTY <br /> The Contractor, prior to the execution of the contract, shall obtain and keep in force during the <br /> performance of work under any contract,the following insurance coverages, provided by companies <br /> acceptable to the City and authorized to transact business in the state of Illinois. The insurance <br /> companies will be rated by A.M. Best&Company with a rating not lower than A-and have a financial <br /> rating of VI. Coverage limits shall be written at not less than the minimum specified in this section. <br /> Higher minimum limits and additional coverages may be specified by a special condition elsewhere in <br /> the contract. Workers compensation insurance shall be provided according to the provisions of the <br /> Illinois Workers Compensation Act,as amended. <br /> Employers Liability <br /> a. Each Accident $500,000 <br /> b. Disease—policy limit $500,000 <br /> c. Disease—each employee $500,000 <br /> Commercial General Liability <br /> a.General Aggregate Limit $2,000,000 <br /> b. Products—Completed Operations $2,000,000 <br /> c. Each Occurrence Limit $1,000,000 <br /> Commercial Automobile Liability <br /> Bodily Injury& Property Damage, $1,000,000 <br /> Combined Single Limit <br /> The policy shall cover owned, non-owned, and hired vehicles. Upon request,the contractor shall file <br /> with the City certified copies of all insurance policies and all accompanying endorsements. The <br /> contractor shall supply certificates of insurance setting forth the coverage, limits, and endorsements <br /> before the City will execute the contract.The certificate of insurance shall include the City of Decatur, <br /> its officers and employees an additional insured. In no event shall any failure of the City of Decatur to <br /> receive certificates or to demand receipt be construed as a waiver of the contractor's obligation to <br /> obtain and keep in for the required insurance. <br /> It shall be an affirmative obligation upon the contractor to advise the City within two days of the <br /> cancellation or substantive change of any insurance policy set out above, and failure to do so shall be <br /> construed to be a breach of the contract. The contractor will hold the City harmless from all claims, <br /> suits, actions, damages or causes of action in any way arising during the term of the agreement, <br /> including reasonable attorney's fees for any personal injury, loss of life or damage to person or <br /> 4 <br />