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<br />~ <br />Solll_.m IlolI <br />Telephone <br /> <br />LA - SW-9437E - TX <br />( 8 - 91 ) <br /> <br />APPENDIX IV <br />INSURANCE REQUIREMENTS <br /> <br />The following requirements shall be maintained in <br />full force and effect by the Applicant/Licensee in accordance with <br />Article XIV of this Agreement: <br /> <br />A. POLICY REQUIRED <br /> <br />(1) Commercial General Liability Policy <br /> <br />B. GENERAL REQUIREMENTS A1?PLICASLE TO POLICY <br /> <br />(1) CGL insurance shall be written by carrier with a B+VII or <br />better rating in accordance with the current Best Key Rating <br />Guide. <br /> <br />(2) Deductibles shall be listed on the Certificate of Insurance. <br /> <br />(3) Claims Made Policies will not be accepted. <br /> <br />(4) SwaT shall be listed as Additional Insured. <br /> <br />(5) Limits of liability represent minimum amounts. <br /> <br />(6) CANCELLATION CLAUSE: SwaT's contracts provide it is to <br />receive_30 days advance written notice o~ cancellation, or of <br />a aaterial change in coverage. Via deletions and additions, <br />the cancellation clause will read as: "SHOULD ANY OF THE <br />ASOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION <br />DATE OR MATERIAL CHANGE THEREOF, THE ISSUING COMPANY WILL <br />MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED <br />TO THE LEFT." <br /> <br />(7) Applicant/License. shall submit a certificate of insurance or <br />other adequate proof of foregoing insurance prior to the <br />issuance of any license pursuant to this agreement. <br /> <br />(8) Location of Covered Operations: <br /> <br />(Minimum) State of Texas <br /> <br />C. COMMERCIAL GENERAL LIASILITY <br /> <br />(1) SwaT requires $1,000,000 coverage per occurrence for <br />Premises/Operations liability, $1,000,000 for General Policy <br />Aggregate, $1,000,000 coverage per occurrence/aggregate for <br />Products' Completed Operations. <br /> <br />(2) No coverage shall be deleted from the standard policy, <br />CG 00 01, without notification of individual exclusions <br />being attached for review and acceptance. <br /> <br />(3) Exclusion endorsements deleting Explosion, Collapse , <br />Underground (XCU), Completed Operations, Contractual <br />Liability , Broad Form Property Damage will not be <br />accepted. (Conduit Occupancy Only) <br />