4501:7-1-05 Insurance.

(A) All applicants for licensure shall submit evidence of comprehensive general liability insurance coverage, or equivalent guarantee approved by the director. Coverage shall be verified by the insurer and certified as to the minimum amounts specified in section 4749.03 of the Revised Code.

Each insurance acord (policy) must list the "Department of Public Safety Private Investigator Security Guard Services" (department) as the certificate holder, and contain a provision requiring the insurer to notify the department no later than ten days prior to the policy's cancellation and not later than seven days after its lapse.

(B) All license holders must maintain the comprehensive general liability insurance coverage verified by the insurer and certified as to the minimum coverage thereunder.

Replaces: 4501:5-1-05

Cite as Ohio Admin. Code 4501:7-1-05

Effective: 01/01/2015
Five Year Review (FYR) Dates: 07/01/2019
Promulgated Under: 119.03
Statutory Authority: R.C. 4749.02
Rule Amplifies: R.C. 4749.03
Prior Effective Dates: 1/1/70, 8/10/89, 10/7/04