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HomeMy WebLinkAboutExhibit 4EXHIBIT C INSURANCE I. Commercial General Liability Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence $ 1,000,000 General Aggregate Limit $2,000,000 Products/Completed Operations $ 1,000,000 Personal and Advertising Injury $ 1,000,000 Damage to Rented Premises $ 100,000 Endorsements Required City of Miami included as an Additional Insured Contractual Liability II. Business Automobile Liability Limits of Liability Bodily Injury and Property Damage Liability Combined Single Limit Owned, Hired and Non Owned Autos Any One Accident $ 1,000,000 Endorsements Required City of Miami included as an Additional Insured III. Worker's Compensation Limits of Liability Statutory -State of Florida Waiver of Subrogation The requirements of this provision will be waived upon submission of a written statement from Licensee that no automobiles are used to conduct business. IV. Employer's Liability Limits of Liability $100,000 for bodily injury caused by an accident, each accident. $100,000 for bodily injury caused by disease, each employee $500,000 for bodily injury caused by disease, policy limit Companies authorized to do business in the State of Florida, with the following qualifications, shall issue all insurance policies required above. The company must be rated no less than "A" as to management, and no less than "Class V" as to Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to review and verification by Risk Management prior to insurance approval.