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Employer's Liability <br /> Minimum Limits: 500,000 per accident <br /> Policy shall include an All States endorsement <br /> 4. Professional Liability Insurance <br /> Minimum Limits <br /> 600,000 per occurrence <br /> 1,000,000 aggregate <br /> 5. Fidelity Bond (covering employees having access to money) <br /> in an amount to be determined by the Ramsey County Risk <br /> Manager. <br /> B. License as Required <br /> C. A program of self funded insurance covering the above will be <br /> considered by the AUTHORITY in lieu of commercial coverages. <br /> Such approval shall be at the sole discretion of the Ramsey <br /> County Risk Manager. Limits of liability of any municipality <br /> that meet the statutory limits as defined in MINN. STAT. <br /> 466.04 are acceptable. <br /> D. The AGENCY shall not commence this project until it has <br /> obtained required insurance and filed an acceptable <br /> certificate of insurance with the AUTHORITY. All insurance <br /> policies shall be submitted to the AUTHORITY upon request. <br /> E. All certificate of insurance shall provide that the insurance <br /> company shall give the AUTHORITY thirty (30) days prior <br /> written notice of cancellation, non renewal, or any material <br /> changes in the policy. <br /> F. Paragraphs A -1 through A -5 establish minimum insurance <br /> requirements, and it is the sole responsibility of the AGENCY <br /> to purchase and maintain additional insurance that may be <br /> necessary in connection with this contract. <br /> G. Certificate shall specifically indicate if policy is written <br /> with an admitted or non admitted carrier. Best's rating for <br /> the insurer shall be noted on the certificate, and shall not <br /> be less than a B <br /> H. Nothing in this contract shall constitute a waiver by the <br /> AUTHORITY of any statutory limits or exceptions on liability. <br /> I. On certificate, agent shall certify whether or not errors and <br /> omissions coverage is carried. <br /> 12. CONFLICT OF INTEREST <br /> A. Interest of Officers, Employees or Agents. No officer, <br /> employee, or agent of the AGENCY who exercises any functions <br /> -6- <br />