Property Insurance. Endorsement. Policy Period. Effective Date. Policy Number. Insured. Name of Company. Date Issued

Transcription

1 Policy Period Insured Name of Company Date Issued This applies to the following forms: SCHEDULE Form (Rev. 7-03) Page 1

2 Property (continued) Additional Exclusions Under Additional Exclusions, and only with respect to the premises shown in the Schedule above, the exclusion is deleted from the forms shown above. A. Except as provided in paragraph C. below, this endorsement applies to the Premises Coverages, Additional Coverages and Debris Removal Coverage applicable to the premises shown in the Schedule above only if a Limit Of Insurance for such coverages is shown in the Declarations at such premises shown in the Schedule above. This endorsement does not apply to the Additional Coverages for Any Other Location, Exhibition, Fair or Trade Show, Newly Acquired Property or Newly Acquired Premises or any premises not shown in the Schedule above. If any form shown above does not contain an exclusion for, the terms and conditions of this endorsement apply to such forms to the extent such forms apply at premises shown in the Schedule above. B. If the Electronic Data Processing Property form is shown above, the terms and conditions of this endorsement apply to such form to the extent such form applies at premises shown in the Schedule above. C. The exclusion and any earthquake limitations are not deleted and remain in effect for: Dependent Business Premises; Civil Authority; and Loss of Utilities, unless these Additional Coverages are shown in the Schedule above. These Additional Coverages apply only at those premises where such Additional Coverage is shown in the Schedule above. Under Limits Of Insurance, and only with respect to the forms shown above, the following is added: Limits Of Insurance A. / Sprinkler Leakage Per Occurrence Limit Of Insurance Subject to the: / Sprinkler Leakage Policy Aggregate Limit Of Insurance described in paragraph B. below and shown in the Schedule above; applicable Annual Aggregate Limit shown under Premises Limits in the Schedule above; and Form (Rev. 7-03) Page 2

3 applicable Deductible or Waiting Period shown under Premises Limits in the Schedule above, the most we will pay, in any occurrence, for direct physical loss or damage and business income or rental income loss and extra expense, if such coverage is provided, caused by or resulting from earthquake, is the lesser of the applicable: Limits Of Insurance shown in the Declarations; or / Sprinkler Leakage Per Occurrence Limit Of Insurance shown in the Schedule above, regardless of any other cause or event that directly or indirectly: contributes concurrently to; or contributes in any sequence to, the loss or damage, even if such other cause or event would otherwise be covered. B. / Sprinkler Leakage Aggregate Limit Of Insurance The most we will pay at all premises shown in the Schedule above during any consecutive 12-month period, beginning with the effective date shown in the Declarations, for direct physical loss or damage and business income or rental income loss and extra expense, if such coverage is provided, caused by or resulting from earthquake, is the / Sprinkler Leakage Policy Aggregate Limit Of Insurance shown in the Schedule above, regardless of any other cause or event that directly or indirectly: contributes concurrently to; or contributes in any sequence to, the loss or damage, even if such other cause or event would otherwise be covered. Deductible Under Deductible, and only with respect to the forms shown above, the following is added: We will pay the amount of loss or damage in excess of the applicable deductible amount shown under Premises Limits in the Schedule above, if such loss or damage is caused by or results from earthquake. Such deductible amount will apply separately at each premises for each occurrence. Form (Rev. 7-03) Page 3

4 Property (continued) Waiting Period If Business Income With Extra Expense, Business Income With Extra Expense And Research And Development Income, Rental Income or Business Income Without Extra Expense is shown above, the following is added under Waiting Period: We will pay the amount of business income or rental income loss that is incurred after the applicable Waiting Period shown under Premises Limits in the Schedule above, if such loss is caused by or results from covered direct physical loss or damage by earthquake. Such waiting period: will apply separately at each premises for each occurrence; begins immediately following the time of the covered direct physical loss or damage; and does not apply to extra expense. Hours shown for a waiting period are normal business hours. Definitions Under Definitions, and only with respect to the forms shown above, the following definitions are added: means earthquake, including any resulting: leakage from fire protection equipment if such leakage directly results from earthquake; and tsunami. does not include a specified peril that ensues from earthquake. Fire Protection Equipment Fire protection equipment means tanks, water mains, hydrants or valves and any other equipment or its component parts, whether used solely for fire protection or jointly for fire protection and for other purposes. Leakage From Fire Protection Equipment Leakage from fire protection equipment means: water or other substance discharged from within any part of the fire protection equipment for the premises or for adjoining premises; or collapse of tanks forming a part of the fire protection equipment, including the component parts or supports of those tanks. Form (Rev. 7-03) Page 4

5 Definitions Specified Peril Under Definitions, and only with respect to the forms shown above that: contain a definition of specified peril, such definition is deleted and replaced with the following; or do not contain a definition of specified peril, the following definition is added: Specified peril means: aircraft or self-propelled missiles; explosion; fire or lightning; leakage from fire protection equipment; mine subsidence; riot or civil commotion; sinkhole collapse; smoke; vandalism; vehicles; volcanic action; or windstorm or hail. Specified peril does not mean leakage from fire protection equipment if such leakage directly results from earthquake. All other terms and conditions remain unchanged. Authorized Representative Property Insurance Additional Peril Combined /EQSL Limit/Deductible Or Waiting Period last page Form (Rev. 7-03) Page 5