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THE LIBRARY CORPORATION (2)
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THE LIBRARY CORPORATION (2)
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Last modified
7/15/2019 5:10:45 PM
Creation date
3/28/2019 10:06:52 AM
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Contracts
Company Name
THE LIBRARY CORPORATION
Contract #
A-2019-034
Agency
Parks, Recreation, & Community Services
Council Approval Date
3/5/2019
Expiration Date
6/17/2020
Insurance Exp Date
5/8/2020
Destruction Year
2025
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(3) For remuneration paid to your regular "employees" for necessary overtime; <br />(4) For hiring additional persons, other than your regular "employees"; <br />(5) Incurred by "employees", including transportation and accommodations; <br />(6) To rent additional warehouse or storage space; or <br />(7) For disposal of "your products", but only to the extent that specific methods of destruction <br />other than those employed for trash discarding or disposal are required to avoid "bodily <br />injury" or "property damage" as a result of such disposal, but <br />`product recall expenses"does not include costs of regaining your market share, goodwill, revenue or <br />profit. <br />(b) "Product Recall Expense" does not include any expenses resulting from: <br />(1) Failure of any product to accomplish its intended purpose; <br />(2) Breach of warranties of fitness, quality, durability or performance; <br />(3) Loss of customer approval, or any cost incurred to regain customer approval; <br />(4) Redistribution or replacement of "your product' which has been recalled by like products or <br />substitutes; <br />(6) Caprice or whim of the insured; <br />(6) A condition likely to cause loss of which any insured knew or had reason to know at the <br />inception of this insurance; and <br />(7) Recall of "your products" that have no known or suspected defect solely because a known or <br />suspected defect in another of 'Your products" has bean found <br />19. SUPPLEMENTARY PAYMENTS - INCREASED LIMITS <br />Under Section I — Coverages, Supplementary Payments — Coverages A and B, paragraphs 1.b. and 1.d. are <br />replaced by the following: <br />b. Up to $2,500 for cost of bail bonds required because of accidents or traffic law violations arising out of the <br />use of any vehicle to which the Bodily Injury Liability Coverage applies. We do not have to furnish these <br />bonds. <br />d. All reasonable expenses incurred by the insured at our request to assist us in the investigation or <br />defense of the claim or "suit", including actual loss of earnings up to $500 a day because of time off from <br />work. <br />C> <br />VCG 28711 13 Includes copyrighted material of Insurance Services Office, Inc. Page 8 of 8 <br />Copyright, OneBeacon Insurance Group LLC <br />
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