To hold an authorization, a person must keep general commercial liability insurance at the required minimum and provide proof of that insurance when applying or renewing.
Liability insurance required 1. To be eligible to hold an authorization for the purposes of Ontario Regulation 211/01 (Propane Storage and Handling) made under the Act with respect to the matters listed in Column 1 of the Table, a person shall have and maintain general commercial liability coverage in at least the amount listed in Column 2 opposite the matter: Table Column 1 Authorization with respect to the following matters Column 2 Minimum amount of insurance in dollars A facility for which the operator is required to have a Level 1 risk and safety management plan under Ontario Regulation 211/01 1,000,000 A facility for which the operator is required to have a Level 2 risk and safety management plan under Ontario Regulation 211/01 5,000,000 Evidence of insurance required 2. (1) The director appointed under section 4 of the Act for the purposes of Ontario Regulation 211/01 (Propane Storage and Handling) made under the Act shall not issue or renew an authorization for the purposes of that regulation unless the applicant or the authorization holder, as the case may be, provides evidence on the application for the authorization or the renewal of having obtained the insurance required by section 1. (2) For the purposes of subsection (1), evidence of insurance shall consist of a certificate of insurance issued by an insurer licensed under the Insurance Act or under similar legislation of another Canadian jurisdiction. (3) A person required to have and maintain insurance coverage under section 1 shall notify the director mentioned in subsection (1), as soon as is reasonable in the circumstances, of any change to the insurance coverage that is below the minimum amount required by section 1. 3. Omitted (provides for coming into force of provisions of this Regulation).