Section 230-RICR-30-30-1.7 - InsuranceA. General Liability. All Promoters shall furnish to the Department within twenty-four (24) hours prior to the Event satisfactory proof of commercial general liability insurance providing for at least a one million-dollar ($1,000,000) limit per occurrence, at least a one million-dollar ($1,000,00) limit per personal and advertising injury, and at least a two million-dollar ($2,000,000) general aggregate limit. B. Health Insurance. All Promotors shall furnish to the Department within twenty-four (24) hours prior to the Event satisfactory proof of health insurance for the protection of Competitors participating in the Event. In accordance with R.I. Gen. Laws § 41-5-11.2, such insurance coverage shall provide for at least twenty thousand dollars ($20,000) to the Competitor for medical, dental, surgical and/or hospital care for all injuries sustained while participating in any sparring match, bout, contest or exhibition conducted under the control of said Promoter.C. Death Benefit. All Promotors shall furnish within twenty-four (24) hours prior to the Event satisfactory proof of a death benefit payment of at least fifty-thousand dollars ($50,000) to the estate of the deceased Competitor if such death is occasioned by injuries received during the course of sparring or during the course of a bout, contest or exhibition conducted under the control of such Promotor. D. The terms of the insurance coverage under this Part must not require the Competitor to pay a deductible for the medical, surgical or hospital care for injuries the Competitor sustains while engaged in a contest or exhibition. E. Failure to produce proof of insurance required under this Part shall be grounds for the denial or revocation of a License.F. Sunday and Holiday Events. When the scheduled event takes place on a Sunday or a Holiday, proof of insurance in accordance with R.I. Gen. Laws § 41-5-3.3 must be furnished to the Department within one (1) business day prior to said event. 230 R.I. Code R. 230-RICR-30-30-1.7