Section 815-RICR-10-05-1.12 - Insurance and Indemnification1.12.1Save Harmless ProvisionA. The holder of a Construction Certificate or Certificate of Authority to Operate shall indemnify and hold harmless all governmental bodies and officials from any and all claims, demands, causes of action, action, suits, proceedings, liability, damage, cost and expense of every kind and nature whatsoever, including but not limited to damages arising from claims of injury or death to persons or damage to property occasioned by or arising out of any conduct undertaken pursuant to the granting of a certificate or pertaining to the exercise or the enjoyment thereof.B. The holder of a Construction Certificate or Certificate of Authority to Operate shall pay and satisfy any judgment, decree or order issued in any of the premises against such governmental body or official.1.12.2Insurance and Bonds RequiredA. Before commencing any construction or operation authorized by the issuance of an appropriate Certificate, the holder thereof shall file with the Division, and thereafter keep current at all times, certificates of insurance and performance bonds in the amounts required by the following sections of this chapter.B. Such certificates and proof shall show that the holder of a CATV Certificate has obtained and has in effect and thereafter maintains in full force and effect, at its own cost and expense, insurance policies and performance bonds issued by companies authorized to do business in Rhode Island.C. No material change or cancellation of any insurance policy will be permitted without thirty (30) days prior written notice delivered to the Administrator.1.12.3Liability InsuranceA. Every holder of a Construction Certificate or Certificate of Authority to Operate shall, in accordance with § 1.12.2 of this Part, furnish evidence of liability insurance for the following purposes and in the indicated amounts: 1. general liability (covering and furnishing protection to the holder, all governmental bodies and all public officials with regard to all damages resulting from the installation, development, maintenance, or expansion of the CATV system): not less than one million dollars ($1,000,000) combined single limit for bodily injury or death and property damage arising from any one occurrence.2. motor vehicle liability (covering all motor or other vehicles, whether owned, nonowned, or hired): not less than five hundred thousand dollars ($500,000) combined single limit for bodily injury or death and property damage arising from any one occurrence.3. broadcaster's liability (including infringement of copyright): five hundred thousand dollars ($500,000) single limit of liability.1.12.4Worker's Compensation InsuranceAll holders of a Certificate of Construction or Certificate of Authority to Operate shall obtain (in accordance with § 1.12.2 of this Part) worker's compensation insurance as required by Rhode Island law.
1.12.5Performance BondAll holders of a Certificate of Construction or Certificate of Authority to Operate shall furnish and file (In accordance with § 1.12.2 of this Part) a performance bond in the sum of not less than fifty thousand dollars ($50,000) nor more than one million dollars ($1,000,000), as determined by the Administrator, guaranteeing that the certificate holder will truly observe, abide by, fulfill and perform each and every term, condition, provision and limitation subject to which the certificate is granted or under which the privileges granted thereby are exercised.
815 R.I. Code R. 815-RICR-10-05-1.12