Laserfiche WebLink
(4) Employer's liability insurance with limits of not less than one million <br /> dollars ($1,000,000) for (a) Each Accident, (b) Disease — policy limit and (c) <br /> Disease — each employee. <br /> (b) Excess or Umbrella Policies. The coverage required by this Section may be <br /> in any combination of primary, excess, and umbrella policies. Any excess or umbrella <br /> policy must provide excess coverage over underlying insurance on a following-form <br /> basis such that when any loss covered by the primary policy exceeds the limits under <br /> the primary policy, the excess or umbrella policy becomes effective to cover any such <br /> loss. <br /> (c) Copies Required. The utility shall provide copies of any of the policies <br /> required by this Section to the City within ten (10) days following receipt of a written <br /> request therefore from the City. Certificates of Insurance may be requested in lieu of <br /> polices and must evidence all requirements set forth in this section. <br /> (d) Maintenance and Renewal of Required Coverage. The insurance policies <br /> required by this Section shall contain the following endorsement: <br /> "It is hereby understood and agreed that this policy may not b.e canceled nor the <br /> intention not to renew be stated until thirty (30) days after receipt by the City, by <br /> registered mail or certified mail, return receipt requested, of a written notice <br /> addressed to the City Manager of such intent to cancel or not to renew." Within <br /> ten (10) days after receipt by the City of said notice, and in no event later than <br /> ten (10) days prior to said cancellation, the utility shall obtain and furnish to the <br /> 22 <br />