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' GENERAL CONDITIONS <br /> GG1 CERTIFICATE OF INSURANCE <br /> ' The contractor, prior to the execution of the contract, shall obtain and keep in force during <br /> the performance of any and all work under this contract, the following insurance coverages, <br /> � provided by companies acceptable to the City and authorized to transact business in the State of <br /> Illinois. The insurance companies will be rated by A.M. Best & Company with a rating not <br /> lower than A- and have a financial rating of VI. Coverage limits shall be written at not less than <br /> , the minimum specified in this section. Higher minimum limits and additional coverages may be <br /> specified by a special condition elsewhere in the contract. <br /> � Workers' Compensation and Emplover's Liability: <br /> ' Workers compensation insurance shall be provided according to the provisions of the , <br /> Illinois Workers' Compensation Act, as amended. �,� <br /> Employer's Liability �I <br /> � a. Each Accident $500,000 <br /> b. Disease - policy limit $500,000 � <br /> , c. Disease - each employee $500,000 <br /> Commercial General Liabilitv: <br /> � General Aggregate Limit $2,000,000 <br /> Products - Completed Operations $2,000,000 <br /> � Each Occurrence Limit $1,000,000 <br /> Insurance shall be written on an occurrence form and shall provide coverage for: operations <br /> ' of the contractor, subcontractors (if any), broad form property damage, contractual liability <br /> and the hazards of explosion, collapse and underground (if appropriate). An Umbrella <br /> policy may be used to provide excess limits over underlying policy(ies) to meet the <br /> � required limits of coverage. <br /> Commercial Automobile Liabilitv: <br /> ' Bodily Injury & Property Damage Limit Each Occurrence $1,000,000 <br /> � The policy shall cover owned, non-owned and hired vehicles. <br /> ' <br /> , <br /> ' <br /> , <br /> , 27 <br />