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INSURANCE
1. This schedule shall apply to any Applicant that is required to submit proof of
insurance.
2. Upon submitting an Application, the Applicant shall execute the following indemnity
to the satisfaction of the City:
The Licensee both during and after the term of the Licence or renewed Licence,
shall at all times, and at its own cost, expense, and risk, defend, indemnify and
hold harmless the City, its elected officials, officers, employees, volunteers,
agents, and all respective heirs, administrators, executors, successors, and
assigns from any and all losses, damages (including, but not limited to,
incidental, indirect, special and consequential damages, or any loss of use,
revenue or profit by any Person or Business), fines, penalties and surcharges,
liabilities, judgements, claims, demands, causes of action, contracts, suits,
actions or other proceedings of any kind and expenses which the indemnified
City may suffer or incur, howsoever caused, provided such losses, damages,
fines, penalties and surcharges, liabilities, judgments, claims, demands, cause of
action, contracts, suits, actions or other proceedings of any kind and expenses
as defined above are due or claimed to be due to the negligence, breach of
contract, and/or breach of law of the Licensee.
3. The Applicant shall maintain liability insurance acceptable to the Manager of
Licensing throughout the term of the Licence, if the Licence has been granted.
4. The liability insurance shall consist of a comprehensive policy of public liability and
property damage insurance in an amount of not less than $2,000,000.00 per
occurrence.
5. The liability insurance shall name The Corporation of the City of Kitchener as
additional insured with a cross liability endorsement and severability of interest
provision.
6. The Applicant shall submit a Certificate of Insurance evidencing the insurance and it
shall state the coverage will not be suspended, voided, cancelled, reduced in
coverage or in limits except after thirty (30) days prior written notice by registered
mail to the City.