BIBLIOLABS, LLC - Laserfiche WebLink

Home Browse Search

CNA CNA PARAMOUNT First Party Glossary of Defined Terms Covered Property Covered property means the property that is insured for loss or damage under the Business Property Coverage Part or endorsements. Denial of Service Attack Denial of service attack means an attack executed over one or more networks or the internet, which attack is designed and intended to disrupt the operation of one or more networks and render the networks inaccessible to authorized users. Dependent Property Dependent property means a premises that is operated by others on whom the Named Insured depends to: A. deliver materials or services to the Named Insured or to others for the Named Insured's account; B. accept the Named Insured's products or services; C. manufacture products for delivery to the Named Insured's customers under contract of sale; or D. attract customers to the Named Insured's business. The dependent property includes the area associated with that address in which the occupant of the above premises is legally entitled to conduct business activities and includes the area extending 1,000 feet beyond that address. Dependent property does not include: 1. any premises operated by others on whom the Named Insured depends to deliver any: a. power, communications or other utility services; b. internet access or internet services; or c. data management, network management, software management or cloud computing and storage services; or 2. any premises within any country in which the United States government has imposed sanctions, embargoes or similar prohibitions. Discover or Discovered Discover or discovered means the earlier of the time when the Named Insured first: A. becomes aware of facts which would cause a reasonable person to assume that a covered loss did or will happen, regardless of when the act that may cause or contribute to such loss occurred, even though the exact amount or details of loss may not be known; or B. receives notice of an actual or potential claim in which it is alleged that the Named Insured is liable to a third party under circumstances that, if true, would constitute a covered loss. Earth Movement Earth movement means earthquake or other seismic activity (including but not limited to underground magma activity), the abrupt rising, sinking or shifting of earth (naturally occurring or man-made) or mine subsidence. However, earth movement does not include landslide, avalanche, tsunami, sinkhole collapse or volcanic eruption. CNA62641XX 10-15 Copyright CNA All Rights Reserved. HortaN Risk MmRgzmerttDiAsian REVIEWED & APPROVED BY.- o z °I f PZ. VSA44a Risk Management Analyst