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IPS GROUP, INC.
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IPS GROUP, INC.
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Last modified
4/12/2019 8:23:34 AM
Creation date
4/11/2019 1:53:17 PM
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Contracts
Company Name
IPS GROUP, INC.
Contract #
A-2014-119-01
Agency
Finance & Management Services
Council Approval Date
5/20/2014
Expiration Date
5/19/2020
Insurance Exp Date
3/19/2020
Destruction Year
2025
Notes
A-2014-119
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Attachment Code: D530456 Certificate ID: 12813936 <br />of the indemnitee; <br />2. The first unnumbered paragraph beneath Paragraph 2.f.(2)(b) is deleted and replaced by the following <br />So long as the above conditions are met, attorneys fees incurred by the Insurer in the defense of that <br />indemnitee, necessary litigation expenses incurred by the Insurer, and necessary litigation expenses <br />incurred by the indemnitee at the Insurer's request will be paid as defense costs. Notwithstanding the <br />provisions of Paragraph e.(2) of the Contractual Liability exclusion (as amended by this Endorsement), <br />such payments will not be deemed to be damages for personal and advertising injury and will not <br />reduce the limits of insurance. <br />D. This PERSONAL AND ADVERTISING INJURY - LIMITED CONTRACTUAL LIABILITY Provision <br />does not apply if Coverage B —Personal and Advertising Injury Liability is excluded by another <br />endorsement attached to this Coverage Part, <br />17. PROPERTY DAMAGE — ELEVATORS <br />A. Under COVERAGES, Coverage A — Bodily Injury and Property Damage Liability, the paragraph <br />entitled <br />Exclusions is amended such that the Damage to Your Product Exclusion and subparagraphs (3), (4) <br />and <br />(6) of the Damage to Property Exclusion do not apply to property damage that results from the use of <br />elevators. <br />B. Solely for the purpose of the coverage provided by this PROPERTY DAMAGE — ELEVATORS <br />Provision, the Other Insurance conditions is amended to add the following paragraph: <br />This insurance is excess over any of the other insurance, whether primary, excess, contingent or on any <br />other basis that is Property insurance covering property of others damaged from the use of elevators. <br />18. SUPPLEMENTARY PAYMENTS <br />The section entitled SUPPLEMENTARY PAYMENTS — COVERAGES A AND B is amended as follows <br />A. Paragraph 1.b. is amended to delete the $250 limit shown for the cost of bail bonds and replace it with <br />a <br />$5,000. limit; and <br />B. Paragraph 1.d. is amended to delete the limit of $250 shown for daily loss of earnings and replace it <br />with a <br />$1,000. limit. <br />19. PROPERTY DAMAGE - PATTERNS MOLDS AND DIES <br />Under COVERAGES, Coverage A — Bodily Injury and Property Damage Liability, the paragraph <br />entitled <br />Exclusions is amended to delete subparagraphs (3) and (4) of the Exclusion entitled Damage to <br />Property, but <br />only with respect to patterns, molds or dies that are in the care, custody or control of the Insured, and <br />only if <br />such patterns, molds or dies are not being used to perform operations at the time of loss. A limit of <br />insurance of <br />$25,000 per policy period applies to this PROPERTY DAMAGE - PATTERNS MOLDS AND DIES <br />coverage, <br />and this limit: <br />
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