What type of insurance must an applicant for a Class I Dealer permit furnish?

An applicant for a Class I Dealer permit must furnish General Liability insurance. This type of insurance is specifically intended to protect the business against claims or lawsuits related to bodily injury, property damage, and personal injury that may arise from the operation of the dealer's activities. Given the nature of dealing in propane, which involves potential hazards such as spills or leaks, having General Liability insurance is crucial as it provides financial protection against the various risks associated with handling and selling propane.

While Life Insurance, Health Insurance, and Property Insurance also play important roles in a broader business context, they do not specifically fulfill the requirements set out for a Class I Dealer permit, which focuses predominantly on liability coverage related to operational risks. Therefore, General Liability insurance is the appropriate choice for applicants seeking this specific permit.