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BIBLIOLABS, LLC
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Last modified
8/26/2021 11:38:02 AM
Creation date
2/22/2021 3:04:35 PM
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Contracts
Company Name
BIBLIOLABS, LLC
Contract #
N-2021-031
Agency
Parks, Recreation, & Community Services
Expiration Date
2/14/2022
Insurance Exp Date
4/16/2022
Destruction Year
2027
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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />THE <br />HARTFORD <br />MONEY AND SECURITIES COVERAGE <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 />Money and Securities <br />(1) We will pay for loss of "money" and "securities" used in your business while at: a bank or savings <br />institution, within your living quarters or the living quarters of your partners or any "employee" having use <br />and custody of the property, at the "scheduled premises", or in transit between any of these places, <br />resulting directly from: <br />(a) Theft; <br />(b) Disappearance; or <br />(c) Destruction. <br />(2) In addition to the Limitations and Exclusions applicable to this Coverage Part, we will not pay for loss: <br />(a) Resulting from accounting or arithmetical errors or omissions; <br />(b) Due to the giving or surrendering of property in any exchange or purchase; or <br />(c) Loss or damage to "money" and "securities" following and directly related to the use of any "computer" <br />to fraudulently cause a transfer of that property. <br />(3) All loss: <br />(a) Caused by one or more persons; or <br />(b) Involving a single act or series of related acts; <br />is considered one occurrence. <br />(4) You must keep records of all "money" and "securities" so we can verify the amount of any loss or damage. <br />(5) Additional Conditions: <br />(a) Discovery Period for Loss <br />We will pay only for covered loss discovered no later than one year from the end of the policy period. <br />Discovery of loss occurs when you first become aware of facts which would cause a reasonable <br />person to assume that a loss covered by this Coverage Part has been, or may be incurred even <br />though the exact amount or the details of the loss may not then be known. <br />Discovery also occurs when you receive notice of an actual or potential claim against you alleging <br />facts, which if true, would be a covered loss under this Coverage Part. <br />(b) Non -Cumulation of Limit of Insurance <br />Regardless of the number of years this Coverage Part remains in force or the number of premiums <br />paid, no Limit of Insurance cumulates from year to year or period to period. <br />(6) The most we will pay for loss in any one occurrence under this Coverage Extension is: <br />(a) The limit shown in the Declarations for Inside the Premises for "money" and "securities" while: <br />(i) In or on the "scheduled premises"; or <br />(ii) Within a bank or savings institution; and <br />(b) The limit shown in the Declarations for Outside the Premises for "money" and "securities" while <br />anywhere else. <br />eGF �D <br />Form SP 30 28 10 18 ��/ 1°x REVIEWED & APPROVED BY.- <br />© 2018, The Hartford <br />(May include copyrighted material of Insurance Services Office, Inc., with its 1— -- P r skPjanagementAnalpt <br />
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