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IPPV—T <br /> 3 . In Section 190-10 , entitled , "CONDITIONS OF <br /> LICENSE" , add Subd . L as follows : <br /> "Subd . L. Liability Insurance . Every person licensed <br /> to sell at retail non-intoxicating malt liquor at on-sale <br /> or off-sale shall , after March 1 , 1983 , demonstrate proof <br /> of financial responsibility with regard to liability <br /> imposed by section 340 . 95 of Minnesota Statutes , to the <br /> commissioner of public safety as a condition of the is- <br /> suance or renewal of his license , provided this sub- <br /> division does not apply to non-intoxicating malt liquor <br /> licenses with sales of less than $500 . 00 per year . <br /> Proof of financial responsibility may be given by filing : <br /> (a ) A certificate that there is in effect an insurance <br /> policy or pool providing the following minimum coverages : <br /> (1 ) $50 , 000 .00 because of bodily injury to any one <br /> person in any one occurrence , and , subject to the <br /> limit for one person , in the amount of $100 , 000 . 00 <br /> because of bodily injury to two or more persons in <br /> any one occurrence , and in the amount of $10 , 000 . 00 <br /> because of injury to or destruction of property of <br /> others in any one occurrence . <br /> (2 ) $50 , 000 . 00 for loss of means of support of any <br /> one person in any one occurrence , and , subject to <br /> the limit for one person , $100 , 000 .00 for loss of <br /> means of support of two or more persons in any one <br /> occurrence ; or <br /> (b ) A bond of a surety company with minimum coverages as <br /> provided in clause ( a ) , or <br /> (c ) A certificateof the statetreasurer that the licensee <br /> has deposited with him $100 , 000 . 00 in cash or securities <br /> which may legally be purchased by savings banks or trust <br /> funds having a market value of $100 , 000 .00 . <br /> In the event any policy of insurance provided hereunder <br /> contains aggregate limits of liability , the licensee shall <br /> buy additional coverage after payment of any claim during <br /> the license year to retain the license , and failure to <br /> provide evidence of insurance at least tothe limits here- <br /> inbefore specified within five ( 5 ) days after payment of <br /> any claim shall result in the license being suspended until <br /> such proof of insurance is provided . <br /> Any policy of insurance provided hereunder must include <br /> the provision that the insurer may not cancel the coverage <br /> without at least ten ( 10 ) days prior notice to the City . <br /> In the event of cancellation the license is automatically <br />