A.
A grantee shall maintain, and by its acceptance of a franchise specifically agrees that it will maintain, throughout the entire length of the franchise period, such insurance as will protect the Town and elected officials, employees and agents from any claims that may arise directly or indirectly or result from its acceptance of the franchise or its activities under the franchise, whether such activities are performed by the grantee or by anyone for whose acts the grantee may be liable, including but not limited to the following:
B.
The Town may review these amounts no more than once a year and may require reasonable adjustments to them consistent with the public interest. The franchise agreement may specify the procedures to be followed in the event that the grantee objects to an increase in a policy limit and the parties are unable to agree on a mutually acceptable amount.