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will not accept companies with a rating lower than A-. Companies rated A- or better shall have a <br /> financial size category of not less than VI. Coverage limits shall be written at not less than the <br /> minimum specified in this Contract. <br /> Workers compensation insurance shall be provided according to the provisions of the Illinois <br /> Workers' Compensation Act, as amended. <br /> Employers Liability <br /> Each Accident $500,000 <br /> Disease - policy limit $500,000 <br /> Disease - each employee $500,000 <br /> Commercial General Liabilitv: <br /> General Aggregate Limit $2,000,000 <br /> Products-Completed <br /> Operations Aggregate Limit $2,000,000 <br /> Each Occunence Limit $1,000,000 <br /> Insurance shall be written in the occurrence form and shall provide coverage for operations of <br /> the Contractor; and operations of any subcontractors The coverage shall provide by endorsement <br /> that the City, its officers, and employees shall be named as additional insureds with respect to the <br /> policies and any excess liability coverage for occurrences arising in whale or in part out of the <br /> work and operations performed. City may accept a separate owner's protective liability policy in <br /> lieu of additional insured status on Contractor's liability policies. <br /> Commercial Automobile Liabilitv: <br /> Bodily Injury & <br /> Property Damage Limit <br /> Each Occurrence $1,000,000 <br /> The policy shall cover owned, non owned and hired vehicles. The coverage shall provide by <br /> endorsement that the City, its officers, and employees shall be named as additional insureds with <br /> respect to the policies and any excess liability coverage for occurrences arising in whole or in <br /> part out of the work and operations performed. <br /> Umbrella(Excess) Liabilit� <br /> Any policy shall provide excess limits over and above the other insurance limits stated herein. j <br /> Contractor may purchase insurance for the full limits required, or a combination of primary I <br /> 12 ' <br />