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19.1.3 Notice of Cancellation. Upon receipt of notice from its insurer(s) Licensee <br />shall provide the City with thirty (30) days' prior written notice of cancellation of any <br />required coverage. Licensee must take prompt action to reinstate the cancelled <br />coverage, or obtain it from a different insurer meeting the qualifications of Subsection <br />19.1.9 (Ratings). <br />19.1.4 Claims -Made Policies. Should any of the required insurance be provided <br />under a claims -made form, Licensee shall maintain such coverage continuously <br />throughout the Term and, without lapse, for a period of two (2) years after the expiration <br />or termination of this Master License, to the effect that, should occurrences during the <br />Term give rise to Claims made after expiration or termination of this Master License, such <br />Claims shall be covered by such claims -made policies. <br />19.1.5 Intentionally Omitted. <br />19.1.6 Certificates. Licensee shall deliver to the City certificates of insurance and <br />blanket additional insured policy endorsements from insurers in a form reasonably <br />satisfactory to the City, evidencing the coverages required under this Master License, on <br />or before the Effective Date , together with complete copies of the policies promptly upon <br />the City's request, and Licensee shall provide the City with certificates, endorsements and <br />schedule of forms, or policies thereafter promptly upon the City's request. <br />19.1.7 Insurance Does Not Limit Indemnity. Licensee's compliance with the <br />provisions of this Section in no way relieve or decrease Licensee's liability under Article <br />18 (Licensee's Indemnity) or any other provision of this Master License. <br />19.1.8 Right to Terminate. The City may elect, in the City's sole and absolute <br />discretion, to terminate this Master License if Licensee allows any required insurance <br />coverage to lapse by: (i) providing Licensee notice of the event of default; and (ii) including <br />in the notice of default a notice of termination if Licensee fails to reinstate the lapsed <br />coverage within three business days after the City delivers notice. <br />19.1.9 Ratings. Licensee's insurance companies must be licensed or authorized to <br />do business in California and must meet or exceed an A.M. Best rating of A:VII or its <br />equivalent. <br />19.1.10 Effective Dates. All insurance must be in effect before the City will <br />authorize Licensee to install Equipment on any City Pole and remain in force until all <br />Equipment has been removed from the License Area. Licensee is responsible for <br />determining whether the above insurance coverages are adequate to protect its interests. <br />The above coverages are not limitations upon Licensee's liability. <br />19.1.11 Self -Insurance Alternative. Licensee may propose and the City may accept <br />an alternative insurance program, if that program provides equivalent protections to the City <br />as the insurance requirements in this Section, in consultation with the City's Risk Manager. <br />The City's acceptance of an alternative insurance program will not affect an implied waiver <br />or amendment of any other requirement of this Master License. Any amendment of these <br />insurance requirements must be in a written amendment to this Master License, executed <br />in the same manner as this Master License. <br />19.1.12 Excess/Umbrella Insurance. The coverage amounts set forth for <br />Commercial General Liability and Commercial Auto Liability may be met by a combination <br />of primary and excess/umbrella policies as long as in combination the limits equal or <br />exceed the amounts stated. <br />19.2 Insurance of Licensee's Property. <br />32 <br />