COMMERCIAL PROPERTY ENHANCEMENT ENDORSEMENT
|
|
- Marvin Charles
- 7 years ago
- Views:
Transcription
1 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMMERCIAL PROPERTY ENHANCEMENT ENDORSEMENT This endorsement modifies insurance provided under the following: BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUSINESS INCOME (AND EXTRA EXPENSE) COVERAGE FORM BUSINESS INCOME (WITHOUT EXTRA EXPENSE) COVERAGE FORM CAUSES OF LOSS - SPECIAL FORM COMMERCIAL PROPERTY CONDITIONS Coverage Limit* Accounts Receivable $25,000 Business Income and Extra Expense $25,000 Electronic Data Processing Equipment $15,000 Debris Removal $15,000 Fine Arts $15,000 Fire Department Service Charge $25,000 Fire Protection Device Recharge $1,000 Money and Securities $10,000 on premises Money and Securities $2,000 off premises Newly Acquired Buildings $500,000 New Acquired Personal Property $250,000 Off Premises Power Failure $25,000 Ordinance or Law Coverage $25,000 Outdoor Property $5,000 Personal Property of Others $10,000 Pollutant Clean Up and Removal $15,000 Property In Transit $15,000 Property Off Premises $15,000 Signs Attached and Unattached $5,000 Spoilage, Contamination, Change in Temperature or Humidity $25,000 Valuable Papers $15,000 Water Back-Up of Sewers & Drains $15,000 * These limits apply in addition to those shown on the declarations page. For complete details on specific coverages, refer to the appropriate provisions in this endorsement. CLP-CP34 (11/12) Page 1 of 10
2 The Building and Personal Property Coverage Form is revised as follows: The following coverages are added to A.4 Additional Coverages: g. Accounts Receivable (1) Coverage (a) We will pay: (i) All amounts due from your customers that you are unable to collect; (ii) Interest charges on any loan required to offset amounts you are unable to collect pending our payment of these amounts; (iii) Collection expenses in excess of your normal collection expenses that are made necessary by loss or damage; and (iv) Other reasonable expenses that you incur to re-establish your records of accounts receivables; That result from direct physical loss or damage by any Covered Causes of Loss to your records of accounts receivable. (2) Coverage Extension Removal If you give us written notice within 10 days of removal of your records of Accounts Receivable because of imminent danger of loss or damage, we will pay for loss or damage while they are: (a) At a safe place away from the described premises; (b) Being taken to and returned from that place. This Coverage Extension is included within the Limit of Insurance applicable to the premises from which the Covered Property is removed. (3) Property Not Covered Covered property does not include contraband, or property in the course of illegal transportation or trade. (4) Limit of Insurance The most we will pay under Accounts Receivable Coverage for loss or damage in any occurrence is $25,000. For Accounts Receivable not at any described premises, the most we will pay is $1,000. (5) Additional Conditions (a) If you cannot accurately establish the amount of Accounts Receivable outstanding as of the time of loss or damage, the following method will be used: (i) Determine the total of the average monthly amounts of Accounts Receivable for the 12 months immediately preceding the month in which the loss or damage occurs; and. (ii) Adjust the total for any normal fluctuations in the amounts of Accounts Receivable for the month in which the loss or damage occurred or for any demonstrated variance from the average for that month. (b) The following will be deducted from the total amount of Accounts Receivable, however that amount is established: (i) The amount of the accounts for which there is no loss or damage; (ii) The amount of the accounts that you are able to re-establish or collect; (iii) An amount to allow for probable bad debts that you are normally unable to collect; and (iv) All unearned interest and service charges. $250 deductible applies to this coverage CLP-CP34 (11/12) Page 2 of 10
3 h. Electronic Data Processing Equipment (1) We will pay for loss or damage to your electronic data processing equipment and electronic media which you own, lease, or rent from others or for which you are legally responsible, located on insured premises. (2) We will pay for loss or damage resulting from or caused by: (a) Machinery malfunction; (b) Short circuit, blowout or other electrical damage or disturbance; (c) Faulty construction, error in design, or actual work upon property covered. (This coverage does not apply to data processing media); (d) Electrical or magnetic injury, disturbance, or erasure of electrical recordings. (3) The most we will pay for loss in any one occurrence is $15,000. (4) We will not pay for loss or damage resulting from: (a) Loss to property loaned, leased or rented to others while away from the premises listed in the Declarations; (b) Data or media which cannot be replaced with others of the same kind and quality; (c) Accounts, bills, evidences of debt, valuable papers, records, abstracts, deeds, manuscripts or other documents. But we will cover such property when it is converted to data form and then only in that form; (d) Error or omission in machine programming or incorrect instructions to a machine; (e) Interruption of power supply, power surge, blackout or brown-out if the cause of such occurrence took place more than 100 feet from an insured premise. (5) Exclusions B.3.c.(2), B.3.c.(3), B.3.c.(4) of the Cause of Loss Special Form, do not apply to this coverage. (6) Electronic Data Processing Equipment means data processing systems, component parts and related peripheral equipment including air conditioning and fire protection equipment used solely for data processing operations. But electronic data processing equipment does not include electronic systems that control production machinery nor the production of machinery itself. (7) Electronic Data Processing Media means punch cards, tapes, discs, drums, cells, or other magnetic recording or storage devices, including the information recorded on the media. It also includes the original source material used to enter data/or programs. (8) As it applies to Electronic Data Processing Equipment Systems Breakdown Coverage under this endorsement, the phrase 30 consecutive days in Section A.5.c.(1)(b)(ii) of the Business Income (and Extra Expense) Coverage Form is replaced with 60 consecutive days. $250 deductible applies to this coverage i. Business Income and Extra Expense When a loss covered by this policy occurs: (1) We will pay any extra expense to avoid or minimize the suspension of your business and continue operations (a) At the described premises; or (b) At replacement premises or temporary locations, including: (i) Relocation expenses; and (ii) Costs to equip and operate the replacement or temporary locations. (2) We will pay any extra expense to minimize the suspension of business if you cannot continue operations. CLP-CP34 (11/12) Page 3 of 10
4 (3) We will pay any extra expense to: (a) Repair or replace any property; or (b) Research, replace or restore the lost information on damaged valuable papers or records; to the extent that the loss otherwise payable is reduced. (4) Extra Expense means necessary expenses you incur during the period of restoration that you would not have incurred if there had been no direct physical loss or damage to property caused by or resulting from a Covered Cause of Loss. (5) The Cause of Loss Special Form, B. Exclusions, item 4. Special Exclusions that apply to the Extra Expense and Business Income Coverage Forms shall apply to this coverage. (6) The most we will pay for loss in any one occurrence is $25,000. (7) The following definitions apply for the purpose of this coverage: (a) Operations means: (i) Your business activities occurring at the described premises; and (ii) The tenantability of the described premises, if coverage for Business Income including Rental Value or Rental Value applies. (b) Period of Restoration means the period of time that: (i) Begins with the date of direct physical loss or damage caused by or resulting from any Covered Cause of Loss at the described premises; and (ii) Ends on the date when the property at the described premises should be repaired, rebuilt or replaced with reasonable speed and similar quality. Period of Restoration does not include any increased period required due to the enforcement of any ordinance or law that: (i) Regulates the construction, use or repair, or requires the tearing down of any property; or (ii) Requires an insured or others to test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, assess the effects of pollutants. The expiration date of this policy will not cut short the period of restoration. j. Fire Protection Device Recharge We will pay up to $1,000 in any one occurrence for the cost of recharging fire protection devices when foam solutions, dry chemicals, halon or other fire extinguishing materials have been lost, expended, damaged, or destroyed due to a Covered Cause of Loss. No deductible applies to this Additional Coverage. k. Money and Securities We will pay for loss of money and securities used in your business while at a bank or savings institution, within your living quarters or the living quarters of your partners or any employee having use and custody of the property, at the described premises, or in transit between any of these places, resulting directly from: (1) Theft, meaning any act of stealing; (2) Disappearance; or (3) Destruction. In addition to the Limitations and Exclusions applicable to property coverage, we will not pay for loss: (1) Resulting from accounting or arithmetical errors and omissions; (2) Due to giving or surrendering of property in any exchange or purchase; (3) Of property contained in any money oriented device unless the amount of money deposited in it is recorded by a continuous recording instrument in the device. CLP-CP34 (11/12) Page 4 of 10
5 The most we will pay for loss in any one occurrence is: (1) $10,000 Inside the Premises for money and securities while: (a) In or on the described premises; or (b) Within a bank or savings institution; and (2) $2,000 Outside the Premises for money and securities while anywhere else. All loss: (1) Caused by one or more persons; or (2) Involving a single act or series of related acts; Is considered one occurrence. You must keep records or all money and securities so we can verify the amount of any loss or damage. In the event of loss or damage we will determine the value as follows: (1) money at its face value; and (2) securities at their value at the close of business on the day the loss is discovered. Money means: (1) Currency, coins and bank notes in current use and having a face value; and (2) Travelers checks, register checks and money orders held for sale to the public. Securities means negotiable instruments or contracts representing either money or other property and includes: (1) Tokens, tickets, revenue and other stamps (whether represented by actual stamps or unused value in meter) in current use; and (2) Evidences of debt issued in connection with credit or charge cards, which cards are not issued by you; (3) Securities does not include money or lottery tickets held for sale. l. Off Premises Power Failure We will pay for loss or damage to Covered Property caused by the interruption of service to the described premises. The interruption must result from direct physical loss or damage by a Covered Cause of Loss to the following property, not on the described premises: (1) Water Supply Services, meaning the following types of property supplying water to the described premises: (a) Pumping stations; and (b) Water mains. (2) Communication Supply Services, meaning property supplying communication services, including telephone, radio, microwave or television services to the described premises, such as: (a) Communication transmission lines; (b) Coaxial cables; and (c) Microwave radio relays except satellites. It does not include overhead communication lines. (3) Power Supply Services, meaning the following types of property supplying electricity, steam or gas to the described premises: (a) Utility generating plants; (b) Switching stations; (c) Substations; (d) Transformers; and (e) Transmission lines. It does not include overhead transmission lines. CLP-CP34 (11/12) Page 5 of 10
6 (4) Limits of Liability The most we will pay for loss or damage to Covered Property is $25,000. This limit will be in addition to any limit you may have purchased optionally with this policy. m. Ordinance or Law Coverage (1) If a Covered Cause of Loss occurs to covered building property, we will pay: (a) For loss or damage caused by the enforcement of any ordinance or law that: (i) Requires the demolition of parts of the same property not damaged by a Covered Cause of Loss; (ii) Regulates the construction or repair of buildings, or established zoning or land use requirements at the described premises; and (iii) Is in force at the time of loss. (b) The increased cost to repair, rebuild or construct the property caused by enforcement of building, zoning or land use ordinance or law. If the property is repaired or rebuilt, it must be intended for similar occupancy to the current property, unless otherwise required by zoning or land use ordinance or law. (c) The cost to demolish and clear the site of undamaged parts of the property caused by enforcement of the building, zoning or land use or ordinance or law. (2) The most we will pay in any one occurrence is $25,000. (3) We will not pay for costs associated with the enforcement of any ordinance or law which requires any insured or others to test for, monitor, clean-up, remove, contain, treat, detoxify or neutralize, or in any way respond to assess the effects of pollutants. (4) Exclusion B.1.a. of the Covered Cause of Loss Special Form does not apply to this coverage. n. Spoilage, Contamination, Change in Temperature or Humidity The most we will pay for this Additional Coverage is $25,000 per occurrence. (1) The insurance provided by this Coverage Form applies to loss or damage to stock owned by you or by others in your care, custody or control at: (a) Your described premises; (b) Premises of a cold storage warehouse; or (c) Premises of a consignee; and (2) As the result of contamination, which means loss or damage to stock caused by a foreign substance accidentally entering or coming into contact with the stock. Contamination does not include the wrongful addition or omission of ingredients or substances as part of the production process; nor improper processing or preparation; or (3) As a result of spoilage or change in temperature or humidity arising out of a complete or partial interruption of power either: (a) On premises if interruption is caused by a Covered Cause of Loss; or (b) Sudden and accidental electrical or mechanical breakdown of refrigeration equipment located on the described premises; or (c) Off premises if interruption is caused by a Covered Cause of Loss to property of the power supply companies which includes the following property: (i) Utility generating plants; (ii) Switching stations; (iii) Substations; (iv) Transformers; and (v) Transmissions lines. We will pay only if the loss or damage to the property of the power supply company prevents the delivery of services for twelve (12) hours or more. CLP-CP34 (11/12) Page 6 of 10
7 We will not pay for loss or damage caused by or resulting from: (a) The inability of a power supply company or other power source to provide sufficient power due to lack of fuel or government order. (b) The inability of a power supply company to provide sufficient power due to the lack of generating capacity to meet demand. (c) The disconnection of any refrigerant, cooling or humidity control system from the source of power. (d) The deactivation of electrical power caused by the manipulation of any switch or other device used to control the flow of electrical power or current. (e) Breaking of any glass that is a permanent part of any refrigerating, cooling or humidity control unit. $1,000 Deductible applies to this coverage. o. Water Backup of Sewers and Drains (1) We will pay for the loss or damage caused by water that backs up from sewers or drains. (2) The most we will pay for this Additional Covered Cause of Loss in any policy year is $15,000. (3) Exclusion B.1.g. Water, of the Causes of Loss Special Form is replaced by the following: g. Water (1) Flood, surface water, waves, tides, tidal waves, overflow of any body of water, or their spray, all whether driven by wind or not; (2) Mudslide or mudflow; (3) Water under the ground surface pressing on, or flowing or seeping through; (4) Foundations, walls, floors or paved surfaces; (5) Basements, whether paved or not; or (6) Doors, windows or other openings. But if loss or damage by fire, explosion or sprinkler leakage results, we will pay for the resulting loss or damage. The first sentence of A.4.a.(4) of Additional Coverages is replaced by the following: a. Debris Removal (4) We will pay up to an additional $15,000 for debris removal at each location in any one occurrence of physical loss or damage to Covered Property, if one or both of the following circumstances apply: The first sentence of A.4.c. of Additional Coverages is replaced by the following: c. Fire Department Service Charge When the fire department is called to save or protect Covered Property from a Covered Cause of Loss, we will pay up to $25,000 at each described premises for your liability for fire department service charges. The last paragraph of A.4.d. of Additional Coverages is replaced by the following: (d) Pollutant Clean Up and Removal The most we will pay under this Additional Coverage for each described premises is $15,000 for the sum of all covered expenses arising out of Covered Causes of Loss occurring during each separate 12 month period of this policy. CLP-CP34 (11/12) Page 7 of 10
8 The following is added to A.5. Coverage Extensions: g. Fine Arts We will cover loss or damage to Fine Arts, meaning: paintings; etching; pictures; tapestries; statuary; marbles; bronzes; antique furniture; rare books; antique silver; porcelains; rare glassware; bric-a-brac or other articles of art rarity or antiquity. The most we will pay in any one occurrence is $15,000. If loss or damage applies to Fine Arts the basis of adjustment will be as follows: (1) The limit of insurance shown in the schedule for each fine arts item. This will be the agreed value for each item; or (2) If the item is newly acquired the value will be the fair market value; or (3) The most we will pay in the event of loss or damage to unscheduled Fine Arts items is the lesser of the following: (i) The cost of restoring the property to its condition immediately before the loss or damage; (ii) The cost of replacing the property with substantially identical property; or (iii) The fair market value All at the time and place of the loss or damage. $250 deductible applies to this coverage The last sentence of A.5.a.(1) of Coverage Extensions is replaced by the following: (a) Newly Acquired or Constructed Property The most we will pay for the loss or damage under this extension is 25% of the Limit of Insurance for the Building shown in the Declarations, but not more than $500,000 at each building. The last sentence of A.5.a.(2) of Coverage Extensions is replaced by the following: (b) Your Business Personal Property The most we will pay for the loss or damage under this extension is 10% of the Limit of Insurance for the Business Personal Property shown in the Declarations, but not more than $250,000 at each building. The last paragraph of A.5.b. of Coverage Extensions is replaced by the following: (b) Personal Effects and Property of Others The most we will pay for loss or damage under this extension is: (i) $2,500 at each described premises for personal effects owned by you, your officers, your partners or employees. This extension does not apply to loss or damage to theft. (ii) $10,000 at each described premises for personal property of others in your care, custody or control. Our payment for loss or damage to personal property of others will only be for the account of the owner of the property. The first sentence of A.5.c.(4) of Coverage Extensions is replaced by the following: (c) Valuable Papers And Records (Other than Electronic Data) (4) Under this extension the most we will pay to replace or restore the lost information is $15,000 at each described premise, unless a higher limit is shown in the Declarations. CLP-CP34 (11/12) Page 8 of 10
9 The following is added to A.5.c. of Coverage Extensions: Section A.5.d.(3) of Coverage Extensions is replaced by the following: (d) Property Off-Premises (3) The most we will pay for loss or damage under this extension is $15,000. The last paragraph of A.5.e. of Coverage Extensions is replaced by the following: (e) Outdoor Property The most we will pay for loss or damage under this extension is $5,000, but not more than $500 for any one tree, shrub, or plant. The second paragraph of C. Limits of Insurance is replaced by the following: C. Limits of Insurance The most we will pay for loss or damage to outdoor signs is $5,000 per sign in any one occurrence. Section F.1.c. of Additional Coverage Extensions of the Causes Of Loss Special Form is replaced by the following: F. Property in Transit (c) The most we will pay for loss or damage under this extension is $15,000. The Business Income (and Extra Expense) Coverage Form and Business Income (Without Extra Expense) Coverage Form are revised as follows: Item D. Additional Condition, Coinsurance does not apply to the following coverages provided under this endorsement: Accounts Receivable; Electronic Data Processing Equipment; Extra Expense; Money and Securities; Ordinance or Law Coverage; Spoilage; Contamination; Change in Temperature or Humidity; and Water Backup of Sewers and Drains. The Commercial Property Conditions Form is revised as follows: Item G. Other Insurance is revised as follows for the following coverages provided under this endorsement: Accounts Receivable; Electronic Data Processing Equipment; Extra Expense; Money and Securities; Ordinance or Law Coverage; Spoilage; Contamination; Change in Temperature or Humidity; and Water Backup of Sewers and Drains. CLP-CP34 (11/12) Page 9 of 10
10 G OTHER INSURANCE You may have other insurance subject to the same plan, terms, conditions and provisions as the coverages listed above. If you do, we will pay only for the amounts of covered loss or damage in excess of the amount due from that other insurance, whether you can collect on it or not. But we will not pay more than the applicable Limit of Insurance. CLP-CP34 (11/12) Page 10 of 10
BROADENED PROPERTY COVERAGE EXTENSION
COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BROADENED PROPERTY COVERAGE EXTENSION This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY
More informationCOVERAGE ENHANCEMENT ENDORSEMENT
BUSINESSOWNERS THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COVERAGE ENHANCEMENT ENDORSEMENT This endorsement modifies insurance provided under the following: (THIS FORM MUST BE ACCOMPANIED
More informationPROPERTY EXTENSION ENDORSEMENT
COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. PROPERTY EXTENSION ENDORSEMENT This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY COVERAGE
More informationTHIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY COMMERCIAL PROPERTY EXTENSION
ENDORSEMENT NO. ATTACHED TO AND FORMING A PART OF POLICY NUMBER ENDORSEMENT EFFECTIVE DATE (12:01 A.M. STANDARD TIME) NAMED INSURED AGENT NO. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY
More informationAmRISC PROPERTY ENHANCEMENT ENDORSEMENT
AmRISC PROPERTY ENHANCEMENT ENDORSEMENT This endorsement modifies insurance provided under the following forms (if attached to this policy): Business and Personal Property Coverage Form Condominium Association
More informationCOMMERCIAL PROPERTY SELECT EXTENSION ENDORSEMENT
ATTACHED TO AND FORMING PART OF POLICY NUMBER: COMMERCIAL PROPERTY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMMERCIAL PROPERTY SELECT EXTENSION ENDORSEMENT Various provisions in
More informationAmerican International Companies. 70 Pine Street New York, NY 10270 (212) 770-7000 SPECIMEN BUILDING AND PERSONAL PROPERTY COVERAGE FORM
American International Companies 70 Pine Street New York, NY 10270 (212) 770-7000 BUILDING AND PERSONAL PROPERTY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy
More informationCommercial Property Insurance
Commercial Property Insurance Insurance Companies: Alberta School Boards Insurance Exchange Subscribing Insurers Insuring Agreement The Insurer agrees to pay the Insured named on the Coverage Summary for
More informationEXTRA EXPENSE COVERAGE FORM
EXTRA EXPENSE COVERAGE FORM COMMERCIAL PROPERTY CP 00 50 06 07 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationBusiness Income Without Extra Expense
Business Income Without Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Limits Of Insurance 10 Waiting Period 10 Loss Determination 10 Loss Payment Option 11
More informationProperty Insurance. Endorsement. Policy Period. Effective Date. Policy Number. Insured. Name of Company. Date Issued
Property Insurance Endorsement Policy Period Effective Date Policy Number Insured Name of Company Date Issued This Endorsement applies to the following forms: SCHEDULE Form 80-02-1428 (Rev. 7-03) Endorsement
More informationBUSINESS INCOME (AND EXTRA EXPENSE) COVERAGE FORM
COMMERCIAL PROPERTY CP 00 30 10 00 BUSINESS INCOME (AND EXTRA EXPENSE) COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and
More informationConsumer s Quick Check Guide Dwelling Property Policy
Explanation of Coverage Limits and Options Consumer s Quick Check Guide Dwelling Property Policy There are three Dwelling Policy Forms offered in the State of Florida. This Consumer s Quick Check Guide
More informationGeneral & Property Office Liability
General & Property Office Liability General Liability Insurance provides coverage for all liability exposures unless specifically excluded. Liability exposure can include: Libel, slander, injury, damage
More informationBUILDING AND PERSONAL PROPERTY COVERAGE FORM
BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 10 00 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what
More informationBUILDING AND PERSONAL PROPERTY COVERAGE PART
BUILDING AND PERSONAL PROPERTY COVERAGE PART We cover direct physical loss to covered property at the premises described on the declarations caused by a covered peril. PROPERTY COVERED We cover the following
More informationBusiness Income With Extra Expense And Research And Development Income Coverage
Business Income With Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 6 Limits Of Insurance 12 Waiting Period 12 Loss Determination 12 Duration Of Loss Research
More informationBUSINESS INCOME COVERAGE FORM AMENDATORY ENDORSEMENT
BUSINESS INCOME COVERAGE FORM AMENDATORY ENDORSEMENT Various provisions in this policy restrict coverage. Read the entire policy carefully to determine the rights, duties, and what is and is not covered.
More informationBusinessowners Coverage
Businessowners Coverage BUILDING AND/OR BUSINESS PERSONAL PROPERTY COVERAGES Buildings Covers your described building, outdoor fixtures (e.g., light poles and flag poles), building glass, permanently installed
More informationBusinessowners Enhancement Endorsement
BUSINESSOWNERS WN BP 37 01 14 Businessowners Enhancement Endorsement The following is a summary of increased limits of insurance and additional coverages provided by this endorsement. This is subject to
More informationThe Commercial Edge Coverage Endorsement (Property)
The Commercial Edge Coverage Endorsement (Property) Unless specifically endorsed on the "Declaration Page(s)", the limits stated below apply to the coverage, subject to the deductible shown for the Commercial
More informationBusiness Income With Extra Expense
Business Income With Extra Expense Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Limits Of Insurance 11 Waiting Period 11 Loss Determination 11 Loss Payment Option 12 Loss
More informationPOLICYHOLDER NOTICE YOUR NEW BUSINESSOWNERS POLICY
ST-7680 (Ed. 04-12) New policy look. Same quality. POLICYHOLDER NOTICE YOUR NEW BUSINESSOWNERS POLICY Thank you for renewing your insurance with Harleysville. Your business insurance for your garage operations
More informationBUSINESSOWNERS COVERAGE FORM
BUSINESSOWNERS COVERAGE FORM BUSINESSOWNERS BP 00 03 01 10 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationBUSINESSOWNERS COVERAGE FORM
Policy Number: RLI Insurance Company BUSINESSOWNERS COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not
More informationBUILDERS RISK COVERAGE FORM
BUILDERS RISK COVERAGE FORM COMMERCIAL PROPERTY CP 00 20 10 12 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationOptimum Property Comparison to Property Plus
Optimum Property Comparison to Property Plus Our Optimum Property provides a comprehensive suite of coverages. This document provides a comparison between the Optimum Property coverage form and the Property
More informationBUILDING AND PERSONAL PROPERTY COVERAGE FORM
BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 10 12 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what
More informationBUILDING AND PERSONAL PROPERTY COVERAGE FORM
BUILDING AND PERSONAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY CP 00 10 04 02 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what
More informationbusiness key policy protecting your DReAMs
business key policy PROTECTING YOUR DREAMS Why A Business Key Policy? A standard business policy is fine for some businesses. But many businesses have unique needs that require specialized or supplemental
More informationSafety Insurance Company Safety Indemnity Insurance Company SAFETY SUPREME ENDORSEMENT
Safety Insurance Company Safety Indemnity Insurance Company SAFETY SUPREME ENDORSEMENT SSE 001 01 12 For an additional premium, we will provide the following: SECTION I - PROPERTY COVERAGES Coverage A
More informationThe Commercial Edge Coverage Endorsement (Property)
The Commercial Edge Coverage Endorsement (Property) Unless specifically endorsed on the "Declaration Page(s)", the limits stated below apply to the coverage, subject to the deductible shown for the Commercial
More informationConsumer s Quick Check Guide Condominium Unit-Owners Policy
Consumer s Quick Check Guide Condominium Unit-Owners Policy Explanation of Coverage Limits and Options: This Consumer s Quick Check Guide to the Condominium Unit-Owners Policy is based, in part, on Insurance
More informationBUILDERS RISK BUSINESS INCOME (AND DELAY IN START UP) COVERAGE FORM
BUILDERS RISK BUSINESS INCOME (AND DELAY IN START UP) COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is
More informationCONDOMINIUM ASSOCIATION COVERAGE FORM
COMMERCIAL PROPERTY CP 00 17 06 07 CONDOMINIUM ASSOCIATION COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and
More informationSCHEDULE. The most we will pay in any occurrence for: direct physical loss or damage; business income or rental income loss; and
Property Insurance Endorsement Policy Period Effective Date Policy Number Insured Name of Company Date Issued This Endorsement applies to the following forms: SCHEDULE Limits Of Insurance Subsidiary Limits
More informationBUSINESS INTERRUPTION COVERAGE
POLICY NUMBER: COMMERCIAL AUTO CA 99 05 02 14 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BUSINESS INTERRUPTION COVERAGE This endorsement modifies insurance provided under the following:
More informationCondominium Unitowners Insurance
Condominium Unitowners Insurance Coverage that fits your lifestyle Your condominium (condo) association may include insurance for the building s structure, but covering your unit and personal possessions
More informationBUILDERS RISK COVERAGE FORM
CP 00 20 06 95 BUILDERS RISK COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties what is is not covered. Throughout this policy
More informationBusinessowners P olicy (BOP)
8 Businessowners P olicy (BOP) O h i o P r o p e r t y a n d C a s u a l t y I n s u r a n c e Businessowners Policy (BOP) Insurance companies have identified the six types of businesses that have been
More informationOklahoma Fire Protection Organization Insurance Programs
Oklahoma Fire Protection Organization Insurance Programs Available to Authorized Fire Departments Only Property Program & Auto Physical Damage Program General Information & Claims Procedures Coverage Period:
More informationPremises Coverages 3. Additional Coverages 4. Debris Removal Coverage 6. Policy Exclusions 6. Accounts Receivable Exclusions 9. Fine Arts Exclusions 9
Accounts Receivable, Fine Arts, Money And Securities And Valuable Papers Contract Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 4 Debris Removal Coverage 6 Policy Exclusions
More informationBUILDERS RISK COVERAGE FORM
BUILDERS RISK COVERAGE FORM COMMERCIAL INLAND MARINE IH 00 70 09 09 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is
More informationGlossary of Insurance Terms
Accounts Receivable... Inland Marine Actual Cash Value (ACV)... Property Advertising Injury...General Liability Agreed Amount... Property Blanket Additional Insured...General Liability Blanket Limit...
More informationProfessional Liability Coverage for Law Offices
SMALL BUSINESS INSURANCE Professional Liability Coverage for Law Offices Coverage you need from a name you trust The Hartford Most lawyers agree, professional liability coverage is essential. But, it isn
More informationCOMMERCIAL PROPERTY COVERAGE FORM
COMMERCIAL PROPERTY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout this policy
More informationBUSINESSOWNERS COVERAGE FORM
BUSINESSOWNERS COVERAGE FORM BUSINESSOWNERS BP 00 03 01 06 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationSAMPLE. Total Estimated Annual Premium for Spectrum: $ 1,576.00. POLICY LEVEL Property Coverage... 2
YOUR BUSINESS INSURANCE SOLUTION SPECTRUM PROPOSAL Prepared for: Human Nutrition Industries Inc DBA International Science Pro 9901 E La Palma Ave., Anaheim, CA 92807 Proposed by: PAPERLESS INSURANCE SERVICES
More informationBuilding Under Construction
Building Under Construction Table of Contents Section Page No. Premises Coverages 3 Additional Coverages 5 Debris Removal Coverage 7 When Coverage Ceases 8 Policy Exclusions 8 Limits Of Insurance 15 Deductible
More informationBusinessowners Garage Coverage
Businessowners Garage Coverage American Family s Businessowners Garage Coverage With more than thirty years of commercial lines policy experience and $15 billion in assets*, American Family offers businesses
More informationRental Dwelling Protection Program
Rental Dwelling Protection Program American Family s Rental Dwelling Protection Program With more than thirty years of commercial lines policy experience and $15 billion in assets*, American Family offers
More informationBoiler and Machinery Insurance
Boiler and Machinery Insurance What is boiler and machinery insurance? You don t need a boiler to have the exposure! The term "boiler and machinery" insurance is really a misnomer. Modern policies cover
More informationHow to Prepare Your Business for an Emergency
/ business Small steps toward preparing your business for emergencies Step 4: Insurance THE GOAL: Make sure you have insurance that will enable you to get back into business after a disaster. Finding the
More informationCase 2:14-cv-06333-JS-ARL Document 1 Filed 10/28/14 Page 1 of 13 PageID #: 131. : : - against - : : : Defendant.
Case 214-cv-06333-JS-ARL Document 1 Filed 10/28/14 Page 1 of 13 PageID # 131 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK ---------------------------------------------- x MONTAJ, INC., Plaintiff,
More informationCommercial Property Issues #2: Miscellaneous Points to Ponder... sponsored by
Commercial Property Issues #2: Miscellaneous Points to Ponder... sponsored by Commercial Property Issues #2: Miscellaneous Points to Ponder Presented by Michael C. D Orlando, CIC, LIA, CPIA Insurance Training
More informationRLI Home Business Insurance Policy COVERAGE DETAILS AND EXCLUSIONS
RLI Home Business Insurance Policy COVERAGE DETAILS AND EXCLUSIONS NOTE: This document is a general analysis of the coverages, limitations and exclusions applicable to the RLI Home Business Insurance (HBI)
More informationFARM PROPERTY FARM DWELLINGS, APPURTENANT STRUCTURES AND HOUSEHOLD PERSONAL PROPERTY COVERAGE FORM
FARM FP 00 12 09 03 FARM PROPERTY FARM DWELLINGS, APPURTENANT STRUCTURES AND HOUSEHOLD PERSONAL PROPERTY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully
More informationSupplementary Declarations - Property
Named Insured and Mailing Address Supplementary Declarations - Property Chubb Group of Insurance Companies 15 Mountain View Road Warren, NJ 07059 Issued by the stock insurance company indicated below,
More informationCovered Causes of Loss (Lecture 5)
Overview of Lecture 5 (chapter 5 CPCU 3) I. Insuring agreement Covered Causes of Loss (Lecture 5) II. Causes of loss forms A. Basic B. Broad C. Special D. Exclusions E. Special form additional concurrent
More informationAdditional Living Expenses - With Direct Damage
Common Coverage Questions HO3 Hurricane losses Special Note Please Read This information is for general information only. The insurance policy and endorsement forms, not this document, define the terms
More informationRenters Insurance. When you want to leave nothing to chance.
Renters Insurance When you want to leave nothing to chance. Property Coverage The Renters Policy protects your possessions in the event of: Fire Lightning Windstorm Hail Explosion Riot Aircraft Damage
More informationBoat Dealer & Boat Repair. Guide
Boat Dealer & Boat Repair Guide Boat Dealer & Boat Repair Auto-Owners has the versatility and flexibility needed to make sure you and your business are program also gives you the ability to insure automobiles
More informationCoverage that fits your lifestyle
CONDOMINIUM UNITOWNERS Coverage that fits your lifestyle Your condominium (condo) association may include insurance for the building s structure, but covering your unit and personal possessions is up to
More informationC12 INSURANCE ON PROPERTY
Sample Exam C12 INSURANCE ON PROPERTY IMPORTANT The time allowed for this exam is 3 hours. Total marks: 200 You must hand in this paper and any paper used for rough work to the supervisor when you leave
More informationThe Business Edge Multi-Peril Extension Endorsement
The Business Edge Multi-Peril Extension Endorsement Unless specifically endorsed on the "Declaration Page(s)", the limits stated below apply to the coverage, subject to the deductible shown for the Commercial
More informationAutomotive services features
Automotive services features Travelers Canada E-Clips Designed for specific occupancies which maintain or repair private passenger or small commercial vehicles. Feature coverages: 1. Pollution clean up
More informationBUSINESSOWNERS COVERAGE FORM
BUSINESSOWNERS COVERAGE FORM BUSINESSOWNERS BP 00 03 07 02 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More informationRENTERS INSURANCE OUR MISSION IS YOU. www.afi.org
RENTERS INSURANCE OUR MISSION IS YOU. RENTERS INSURANCE www.afi.org Our Mission Like those who serve our nation, AFI is dedicated to delivering protection and peace of mind. Our unwavering commitment to
More informationGarage Insurance. Guide
Garage Insurance Guide Garage Insurance Auto-Owners has the versatility and flexibility needed to make sure you and your business are properly protected. With our Garage and Premier Garage programs, we
More informationSTANDARD PROPERTY POLICY
STANDARD PROPERTY POLICY COMMERCIAL PROPERTY CP 00 99 06 07 Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
More information"Contents" means unscheduled personal property you or a family member owns or possesses.
What Is Covered This part of your Masterpiece Policy provides you with coverage against all risks of physical loss to your contents anywhere in the world unless stated otherwise or an exclusion applies.
More informationCoverage Checklist BUSINESS, PROPERTY, AUTO, LIABILITY & RELATED COVERAGE. Insurance Health & Benefits Financial Services Tax Preparation
Coverage Checklist BUSINESS, PROPERTY, AUTO, LIABILITY & RELATED COVERAGE Insurance Health & Benefits Financial Services Tax Preparation Property PERILS OF LOSS Selection of loss perils is very important
More informationCAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT
CAMBRIDGE PROPERTY & CASUALTY SPECIAL REPORT BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions This Special Report was written
More informationBUILDER'S RISK COVERAGE FORM. This form is subject to the information in the Declarations and the Policy Conditions, Schedules and Endorsements.
BUILDER'S RISK COVERAGE FORM This form is subject to the information in the Declarations and the Policy Conditions, Schedules and Endorsements. Throughout this policy, the words you and your refer to the
More informationIowa Association of Municipal Utilities. Safety Group Insurance Program
Iowa Association of Municipal Utilities Safety Group Insurance Program The IAMU Safety Group Since 1980, the Iowa Association of Municipal Utilities, Risk Management Consultants Ltd., and EMC Insurance
More informationTenant-occupied. Preferred Office Program (POP) Customer Service (727) 823-4000 (800) 627-0000. Claims (800) 765-9700
Customer Service (727) 823-4000 (800) 627-0000 Claims (800) 765-9700 Bankers Insurance Group 11101 Roosevelt Blvd N St. Petersburg, FL 33716 Includes Material Insurance Services Office, Inc. BIG-6305-0412
More informationPROPOSAL FORM FOR HOME INSURANCE
United Insurance Company PSC PROPOSAL FORM FOR HOME INSURANCE IMPORTANT NOTES Filling and signing this application form does not automatically result in a contract. Insurance becomes in force once United
More informationUPDATED SECTION 8. (If you are testing on or after July 1, 2006 please study this in place of Section 8 in your book) 2006 Businessowners Policy
UPDATED SECTION 8 (If you are testing on or after July 1, 2006 please study this in place of Section 8 in your book) 2006 Businessowners Policy The BOP (Businessowner's Policy) is a package policy especially
More informationHow To Insure Your Property With A Property Insurance Policy
DWELLING PROPERTY 1BASICFORM AGREEMENT We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. DEFINITIONS Throughout
More informationTHE INSURANCE POLICY: SIMPLIFIED!
THE INSURANCE POLICY: SIMPLIFIED! INSURANCE CONTRACT: COMMERCIAL PROPERTY AND BUSINESS INCOME The insurance policy is a contract and as such, is governed by its conditions, provisions, and exclusions.
More informationBUILDERS RISK COVERAGE FORM
BUILDERS RISK COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout this policy, the
More informationHOME INSURANCE OUR MISSION IS YOU. HOMEOWNERS INSURANCE. www.afi.org
HOME INSURANCE OUR MISSION IS YOU. HOMEOWNERS INSURANCE www.afi.org Our Mission Like those who serve our nation, AFI is dedicated to delivering protection and peace of mind. Our unwavering commitment to
More informationAdvantage Elite Extended
Advantage Elite Extended We agree that the following Additional Coverages and Extensions of Coverage are made a part of your Homeowners Policy: SECTION I - PROPERTY COVERAGES EXTENDED DWELLING REPLACEMENT
More informationreasons why... PROPERTY AND LIABILITY PROTECTION
101 reasons why... PROPERTY AND LIABILITY PROTECTION The Unbeatable Team: You, Customarq Classic and Chubb In today s competitive sales arena, you want to offer the best package product to your commercial
More informationINDUSTRIAL PROPERTY ALL RISKS INSURANCE(XIAMEN AREA) SECTION 1 - PROPERTY DAMAGE INSURANCE - CHAPTER 1 POLICY S LIABILITY
INDUSTRIAL PROPERTY ALL RISKS INSURANCE(XIAMEN AREA) SECTION 1 - PROPERTY DAMAGE INSURANCE - Clause 1. POLICY S LIABILITY CHAPTER 1 POLICY S LIABILITY This Policy insures the physical damage or loss sustained
More informationUCLA Procedure 300.2: University Property Insurance, Securing Coverage and Claims Reporting
UCLA Procedure 300.2: University Property Insurance, Securing Coverage and Claims Reporting Issuing Officer: Associate Vice Chancellor, Business & Financial Services Responsible Dept: Office of Insurance
More informationBUSINESSOWNERS COVERAGE FORM INDEX
BUSINESSOWNERS BP IN 01 01 06 BUSINESSOWNERS COVERAGE FORM INDEX This index is provided only as a convenience. It should not be assumed to provide a reference to every provision that can affect a question,
More informationNational Flood Insurance Program Summary of Coverage
National Flood Insurance Program Summary of Coverage FEMA F-679 / November 2012 This document was prepared by the National Flood Insurance Program (NFIP) to help you understand your flood insurance policy.
More informationTHIS AGREEMENT OF LEASE is made and entered into this day of, 2014, between, hereinafter referred to as "Tenant," and
144 S. Jefferson Townhome Lease THIS AGREEMENT OF LEASE is made and entered into this day of, 2014, between, hereinafter referred to as "Tenant," and SMSDC, LLC and their assigns, hereinafter referred
More informationSPECIAL REPORT. BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions
SPECIAL REPORT BUILDING A BETTER LEASE AGREEMENT Key Considerations in Negotiating Landlord Favored Commercial Insurance and Indemnity Provisions (06-17-08) This Special Report was written by Kenneth R.
More informationFarm and ranch owners, commercial growers and packers AGRIBUSINESS WE INSURE YOUR GROWING BUSINESS SM
Farm and ranch owners, commercial growers and packers AGRIBUSINESS WE INSURE YOUR GROWING BUSINESS SM Farm and ranch owners have a different lifestyle than other businesses, which translates into unique
More informationELECTRONIC COMMERCE (E-COMMERCE)
POLICY NUMBER: ELECTRONIC COMMERCE (E-COMMERCE) COMMERCIAL PROPERTY CP 04 30 06 07 This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY COVERAGE PART SCHEDULE Description
More informationBusiness Personal Property Coverage Part
I. What is covered We will pay for direct physical loss to covered property caused by or resulting from any covered cause of loss first commencing during the policy period and occurring in the coverage
More informationWAREHOUSE OPERATORS LEGAL LIABILITY COVERAGE FORM
COMMERCIAL INLAND MARINE IH 00 81 09 09 WAREHOUSE OPERATORS LEGAL LIABILITY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties
More informationAbel Insurance Agency
After a wildfire, people may have questions about their insurance coverage. The Insurance Information Institute offers answers to some of these basic questions. HOMEOWNERS COVERAGE Q. If my house burns
More informationRental Dwelling Policy Comparison
Rental Dwelling Policy Comparison Coverage under the attached renewal policy is provided on our new Rental Dwelling Policy form DH 25-05 (01-97). As a result of this certain areas of coverage are broader
More informationRESIDENTIAL PROPERTY OWNERS INSURANCE POLICY SUMMARY
RESIDENTIAL PROPERTY OWNERS INSURANCE POLICY SUMMARY RESIDENTIAL PROPERTY OWNERS INSURANCE POLICY SUMMARY This document is a summary of your Policy and other key information about the insurance cover that
More informationHomeowners Insurance (General Discussion) What is homeowners insurance? Who is covered?
Homeowners Insurance (General Discussion) What is homeowners insurance? Who is covered? What is covered? What is not covered? Questions & Answers Table of people, places, and things affected by homeowners
More informationDWELLING COVERAGE -- SPECIAL FORM
THIS IS A LEGAL CONTRACT Page 1 of 12 -- PLEASE READ IT CAREFULLY -- DWELLING COVERAGE -- SPECIAL FORM The following Table of Contents shows how this Dwelling Coverage is organized. It will help "you"
More informationBuilders Risk Application
Builders Risk Application Name of Project GENERAL INFORMATION NAMED INSURED GENERAL CONTRACTOR ARCHITECT LENDER PROJECT INFORMATION Project Name Project Location Start Date No. of Months TYPE OF CONSTRUCTION
More information