[Ord. #653, § 1]
Pursuant to the provisions of N.J.S.A. 40A:10-6 and following there is hereby created the insurance fund of the Township for the following purposes:
a. 
To insure against any loss or damage however caused to any property, motor vehicles, equipment or apparatus owned by the Township or owned by or under the control of any of its Departments, boards, agencies or commissions.
b. 
To insure against liability resulting from the use or operation of motor vehicles, equipment or apparatus owned by or controlled by the Township or owned by or under the control of any of its Departments, boards, agencies or commissions; and
c. 
To insure against liability for negligence of Township officers, employees and servants, whether or not compensated or part-time, who are authorized to perform any act or services, but not including an independent contractor within the limitations of the New Jersey Tort Claims Act, N.J.S.A. 59:1-1 and following.
[Ord. #653, § 2]
The Township Committee shall from time to time make such appropriations to the municipal insurance fund as it deems necessary. The Township Committee may designate the maximum or minimum amount of the fund and provide for the disposition of any excess over and above the maximum amount fixed or of the interest or profits arising therefrom when the fund shall have reached the maximum limit.
[Ord. #653, § 3]
The Mayor, with the consent of the Township Committee, shall appoint three members of the Township Committee to serve as Insurance Fund Commissioners. The Commissioners shall hold office for two years or for the remainder of their respective terms of office as members of the Township Committee, whichever shall be less, and until their successors have been duly appointed and qualified.
Vacancies in the office of Insurance Fund Commissioners caused by any reason other than expiration of term as a member of the Township Committee shall be filled for the unexpired term.
The Insurance Fund Commissioners shall serve without compensation.
[Ord. #653, § 5]
The Insurance Fund Commissioners shall have the following powers and authority:
a. 
Employ necessary clerical assistants, whose compensation shall be fixed and paid by the Township Committee in the same manner as is that of other employees of the Township;
b. 
Invest the fund and all additions and accretions thereto in such securities as they shall deem best suited for carrying out the purposes of the Municipal Insurance Fund;
c. 
Adopt rules and regulations for the control and investment of the Fund;
d. 
Keep on hand at all times sufficient money, or have the same invested in such securities as can be immediately sold for cash, for the payment of losses to any buildings or property of the Township, or liability resulting from the operation of publicly owned motor vehicles, equipment or apparatus;
e. 
Fix reasonable rates or premium of all insurance carried by the Insurance Fund, and shall effect all insurance in the Insurance Fund or with any insurance company or companies authorized to do business in this state;
f. 
Premiums, for insurance, whether carried in the Insurance fund, or placed with insurance companies, shall be paid to the Commissioners by the board, commission, department, committee or officer having charge or control of the property insured; and
g. 
All insurance upon property owned or controlled by a local unit or any of its departments, boards, agencies or commissions, shall be placed and effected by the Commissioners.
[Ord. #1535, 3-26-2002, added]
All persons making claims against the Township of Bernards pursuant to the New Jersey Tort Claims Act, N.J.S.A. 59:8-1 et seq., shall be required to complete the form herein adopted as a condition of compliance with the notice requirements of the New Jersey Tort Claims Act. The Township of Bernards may, after initial submission of form by claimant, require such other additional and supplemental information and documents as it deems necessary to evaluate the claim, and claimant shall supply such requested documents and information within 30 days of the request.