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CNA CNA PARAMOUNT Business Property Coverage Part W. Utility Supply Failure Coverage 1. Property Damage The Insurer will pay for direct physical loss of or damage to covered property at a location or reported unspecified location where such loss or damage is caused by the necessary suspension, interruption or reduction of: a. communication services, including internet access; or b. power supply, fuel services or water services, at that location or reported unspecified location. Such suspension, interruption or reduction must be the result of a covered peril that causes or results in direct physical loss of or damage to such utility service provider's property, including overhead transmission or distribution lines, used to provide the location or reported unspecified location with such services, provided such property is not at a location or reported unspecified location. The most the Insurer will pay for all such loss or damage to covered property under this ADDITIONAL COVERAGE for any one occurrence is the Utility Supply Failure Coverage — Property Damage Limit of Insurance. 2. Time Element To the extent time element coverage is applicable at that location or reported unspecified location, the Insurer will pay, as provided, for: the actual loss of business income the Named Insured sustains during the period of restoration due to the necessary suspension or delay of operations; b. the actual loss of research and development business income the Named Insured sustains during the period of restoration due to the necessary suspension or delay of the research and development projects; and c. extra expense, caused by loss of or damage to a utility service provider's property that is located away from a location or reported unspecified location and that property is used to provide internet, communication, power supply, fuel services or water services to such location or reported unspecified location. The loss or damage must be directly caused by a covered peril. 0 The most the Insurer will pay for all such loss or expense under this ADDITIONAL COVERAGE for any one 0 occurrence is the Utility Supply Failure Coverage — Time Element Limit of Insurance. If a Deductible or Qualifying Period is shown on the Business Property Schedule of Locations for Utility Supply Failure Coverage — Time Element Coverage, then the following replaces the Deductible and Qualifying Periods provision of the LIMITS OF INSURANCE/INDEMNITY PERIOD/DEDUCTIBLE/QUALIFYING PERIOD section for the Utility Supply Failure Coverage — Time Element Coverage: The Insurer will not pay for any loss of business income or research and development business income or extra expense incurred for any one occurrence until the amount of loss or expense incurred exceeds the applicable Deductible or until the length of the suspension or delay of operations exceeds the applicable Qualifying Period shown in the Business Property Schedule of Locations. If a Deductible applies, then the Insurer will pay the amount of actual business income or research and development business income loss or extra expense incurred in excess of the applicable Deductible, up to the applicable Limits of Insurance. If a qualifying period applies and the qualifying period is exceeded, then the I loss and expense, calculated as of the time of such suspension or delay in op CNA62648XX 10-15 Copyright CNA All Rights Reserved. r Risk MmagmerdDiMisian REVIEWED & APPROVED BY.- �I pu-cN" 1Z. Y1•.t.tA44a Risk Management Analyst