§ A510-16. Liability insurance.
Latest version.
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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 Township as an additional 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 any one person; $1,000,000 for property damage resulting from any one accident; $1,000,000 for all other types of liability; $5,000,000 umbrella excess liability; and worker's compensation with statutory limits. Such coverage shall be written by a company or companies authorized and qualified to do business in the State of New Jersey. Upon written request, certificates of all such policies shall be promptly filed by the company with the Township.