Insurance Requirements:
The owner and occupant will maintain a comprehensive policy of public liability and property damage insurance acceptable to the City of Cambridge providing occurrence-based insurance coverage in an amount of not less than $2,000,000.00 ($5,000,000.00 for liquor licensed patio/café) per occurrence exclusive of interest and costs. Such policy shall protect the City from all loss, damage, claims or actions arising howsoever out of use and maintenance of the leased lands and shall name the City of Cambridge and Region of Waterloo as an additional insured there under. Such policy shall provide, for the following endorsements: Cross Liability with a Severability of Interests Clause, Contractual Liability, Host Liquor Liability and a 30 day notice of cancellation clause.