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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />THE <br />HARTFORD <br />NEWLY ACQUIRED OR CONSTRUCTED PROPERTY <br />This endorsement modifies insurance provided under the following: <br />SPECIAL PROPERTY COVERAGE FORM <br />Except as otherwise stated in this endorsement, the terms and conditions of the Policy apply. <br />The following is added to Paragraph A.6., Coverage Extensions, of the Special Property Coverage Form: <br />Newly Acquired or Constructed Property <br />(1) Buildings <br />When a Limit of Insurance shown is in the Declarations for Newly Acquired or Constructed Building, you <br />may extend the insurance that applies to Buildings to apply to: <br />(a) Your new buildings while being built on the "scheduled premises"; and <br />(b) Buildings you acquire at locations other than the "scheduled premises", intended for: <br />(i) Similar use as the Building described in the Declarations; or <br />(ii) Use as a warehouse. <br />The most we will pay in any one occurrence under this Coverage Extension is the Limit of Insurance <br />shown in the Declarations for Newly Acquired or Constructed Building. <br />(2) Business Personal Property <br />(a) When a Limit of Insurance shown is in the Declarations for Newly Acquired or Constructed Business <br />Personal Property, you may extend the insurance that applies to Business Personal Property to apply <br />to: <br />(i) Business Personal Property, including such property that you newly acquire, at any location you <br />acquire; <br />(ii) Business Personal Property, including such property that you newly acquire, located at your <br />newly acquired or constructed buildings located at the "scheduled premises"; or <br />(iii) Business Personal Property that you newly acquire, located at the "scheduled premises". <br />(b) This extension does not apply to: <br />(i) Personal property that you temporarily acquire in the course of installing or performing work on <br />such property; <br />(ii) Personal property of others that you temporarily acquire in the course of your wholesaling activity. <br />(c) The most we will pay in any one occurrence under this Coverage Extension is the Limit of Insurance <br />shown in the Declarations for Newly Acquired or Constructed Business Personal Property. <br />(3) Business Income <br />(a) When a Limit of Insurance is shown in the Declarations for Newly Acquired or Constructed Business <br />Income and Extra Expense, you may extend the insurance that applies to the Business Income and <br />Extra Expense Coverage Extensions when such Coverage Extensions are attached to this Coverage <br />Part to apply to newly acquired or constructed locations. <br />(b) The most we will pay in any one occurrence under this Coverage Extension is the lesser of: <br />(i) The actual loss of Business Income and incurred Extra Expense you sustain; or <br />(ii) The Limit of Insurance shown in the Declarations for Newly Acquired or Constructed Business <br />Income and Extra Expense. <br />(4) Insurance under this Coverage Extension for each newly acquired or constructed property will end when <br />any of the following first occurs: <br />(a) This Coverage Part expires; <br />(b) 180 days after you acquire or begin construction of that part of the bl <br />Covered Property, or <br />Form SP 30 24 10 18 <br />© 2018, The Hartford <br />(May include copyrighted material of Insurance Services Office, Inc., with its <br />cF RA ManWmad DMsian <br />ke/ 1'x REVIEWED & APPROVED BY: <br />1,,; "° <br />wd <br />--� Risk janagement Analyst <br />