Specifications include, but are not limited to: Insurance shall be required on Bodily Injury, Property Damage, including Hired and NonOwned Autos, Personal Injury Protection, Actual Cash Value Comprehensive and Uninsured/Underinsured Motorist Coverage. Liability shall be written using Symbol (1) “Any Auto,” and Physical Damage Comprehensive shall be written using Symbol (2) “All Owned Autos.” Bodily Injury and Property Damage coverage shall be on the basis of two million dollars ($2,000,000.00) combined single limit for any one accident. Personal Injury Protection “No Fault” coverage shall be on the basis of fifty- thousand dollars ($50,000.00) limit per person including the driver of The Board owned vehicle. Uninsured Motorist & Underinsured Motorist Coverage shall be on the basis of two million dollars ($2,000,000.00) limit per person, per accident. Each proposal must be accompanied by a specimen policy including all pertinent endorsements. Insurance shall be in accordance with the KRS and KAR covering same, including those promulgated by KDE and KOI. Policies must be approved by KOI. The Kentucky Standard School Bus Endorsement adopted by the State Board of Education shall be incorporated.