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2. Automobile Liability: $1,000,000 combined single limit per accident for <br />bodily injury and property damage. <br />3. Workers' Compensation and Employers Liability: Workers' compensation <br />limits as required by the Labor Code of the State of California and <br />Employers Liability limits of $1,000,000 per accident. <br />(c) Deductibles and Self -Insurance Retentions. Any deductibles or self -insured <br />retentions must be declared to and approved by the City. At the option of the City, <br />either the insurer shall reduce or eliminate such deductibles or self -insured <br />retentions as respects the City, its officers, officials and employees; or the <br />Subdivider shall procure a bond guaranteeing payment of losses and related <br />investigations, claim administration and defense expenses. <br />(d) Other Insurance Provisions. The policies are to contain, or be endorsed to contain, <br />the following provisions: <br />1. General Liability and Automobile Liability Coverages. <br />a. The City, its officers, agents, officials, employees and volunteers <br />shall be named as additional insureds as respects: liability arising <br />out of activities performed by or on behalf of the Subdivider; <br />products and completed operations of the Subdivider; premises <br />owned, occupied or used by the Subdivider; or automobiles owned, <br />leased, hired or borrowed by the Subdivider. The coverage shall <br />contain no special limitations on the scope of the protection afforded <br />to the City, its officers, officials, employees or volunteers. <br />TRACT MAP 6533 <br />MARINA VISTA - PHASE 5 <br />SUBDIVISION IMPROVEMENT AGREEMENT <br />C:\MAPS\TM6533\SUBIMPAG.DOC <br />