[Ord. No. 103-86 § 9]
The subdivider shall file with the Board of Commissioners a general liability insurance policy at the same time as he filed his performance guarantee. The Borough Solicitor shall approve the policy for form. The policy shall be of the same term as the performance guarantee and shall be extended in conformance with any extension of the performance guarantee.
[Ord. No. 103-86 § 9]
The policy shall insure the Borough of West Cape May and the subdivider shall cover all operations in the development involving existence and maintenance of property and building and contracting operations of every nature including all public improvements. The policy shall have limits of liability of $100,000 for bodily injury to each person and $300,000 liability on the aggregate for each accident and property damage liability of $5,000 for each accident and $25,000 aggregate property damage liability.