2019 Kentucky Revised Statutes Chapter 198B - Housing, buildings, and construction - building code 198B.595 Proof of liability and workers' compensation insurance coverage.
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198B.595 Proof of liability and workers' compensation insurance coverage.
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The commissioner shall not issue a license under KRS 198B.560 and
198B.580, unless the fire protection sprinkler contractor applicant files with the
commissioner proof of liability insurance coverage of not less than two hundred
and fifty thousand dollars ($250,000) one person/maximum and five hundred
thousand dollars ($500,000) one accident/maximum and workers'
compensation insurance as provided for in KRS Chapter 342.
The workers' compensation insurance required by this section shall be in the
form of certificate of insurance executed by an insurer authorized to do
business in this state. The liability insurance required by this section shall be
liability insurance that covers the legal liability of the licensed person as the
result of erroneous acts or failure to act in his or her capacity as a fire
protection sprinkler contractor or system designer and shall be in the form of
certificate of insurance executed by an insurer authorized to do business in this
state or exported by a licensed surplus lines broker to an eligible carrier
pursuant to KRS 304.10-020 to 304.10-210. Insurance certificates filed with the
commissioner under this section shall remain in force until the insurer has
terminated future liability by a thirty (30) day notice to the commissioner.
Failure to maintain the insurance required hereunder shall constitute grounds
for denial, suspension, or revocation of a license under KRS 198B.620 by the
commissioner.
Effective:June 29, 2017
History: Amended 2017 Ky. Acts ch. 169, sec. 34, effective June 29, 2017. -Amended 2010 Ky. Acts ch. 24, sec. 280, effective July 15, 2010. -- Amended
2005 Ky. Acts ch. 182, sec. 6, effective June 20, 2005. -- Amended 2002 Ky.
Acts ch. 101, sec. 1, effective July 15, 2002. -- Created 1984 Ky. Acts ch. 383,
sec. 10, effective July 13, 1984.
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