BIBLIOLABS, LLC - Laserfiche WebLink

Home Browse Search

CNA CNA PARAMOUNT Business Property Coverage Part applicable Property Deductible shown in the Business Property Schedule of Locations, unless a more specific time element coverage deductible is shown. 3. However, to the extent the covered Utility Supply Failure loss, damage or expense is caused by or resulting from covered: L flood, the total amount payable for all loss, damage or expense under this ADDITIONAL COVERAGE is included within, and not in addition to, the applicable Flood Limit of Insurance. earthquake, the total amount payable for all loss, damage or expense under this ADDITIONAL COVERAGE is included within, and not in addition to, the applicable Earthquake Limit of Insurance. 4. This ADDITIONAL COVERAGE does not apply to loss, damage or expense caused by physical loss of or damage to satellites or any other orbiting equipment. 5. The Utility Services Excluded Peril under the EXCLUSIONS section does not apply, but only to the extent of the coverage provided under this ADDITIONAL COVERAGE. IV. ADDITIONAL COVERAGE BASKET The following coverages are part of the ADDITIONAL COVERAGE BASKET. At the time of loss or damage, the Named Insured may elect to apportion the Limit of Insurance to one or any combination of the coverages included in this ADDITIONAL COVERAGE BASKET. However, the most the Insurer will pay at any one location or reported unscheduled location for any one occurrence for the total of all loss or damage from the coverages included in this ADDITIONAL COVERAGE BASKET is the Limit of Insurance as shown in the Business Property Schedule of Coverages and Limits. If a different ADDITIONAL COVERAGE BASKET Limit of Insurance is shown at a location in the Business Property Schedule of Locations, that Limit replaces, and is not in addition to, the ADDITIONAL COVERAGE BASKET Limit of Insurance shown in the Business Property Schedule of Coverages and Limits for that location. If the ADDITIONAL COVERAGE BASKET does not apply at a specific location, the ADDITIONAL COVERAGE BASKET will show as Not Covered for that location. A. Accounts Receivable Coverage 1. The Insurer will pay for direct physical loss of or damage to records of accounts receivable at a location or reported unspecified location directly caused by a covered peril. 2. This Accounts Receivable Coverage does not apply with respect to any claim for loss, damage, cost or expense that requires any audit of any records or inventory computation to prove its factual existence. The Contaminants or Pollutants, Temperature or Humidity Conditions and Utility Services Excluded Perils under the EXCLUSIONS section do not apply with respect to Accounts Receivable Coverage. B. Fine Arts Coverage 1. The Insurer will pay for direct physical loss of or damage to fine arts at a location or reported unspecified location directly caused by a covered peril. 2. Subject to the ADDITIONAL COVERAGE BASKET Limit of Insurance, the most the Insurer will pay for any one item for any one occurrence under this Fine Arts Coverage is $100,000. 3. The Contaminants or Pollutants and the Utility Services Excluded Perils under the EXCLUSIONS section do not apply with respect to Fine Arts Coverage. C. Fire Department Service Charge Coverage The Insurer will pay for the Named Insured's liability for the following fire department service charges if incurred to save or protect covered property at a location or reported unspecified location from a covered peril: 1. charges assumed by written contract or written agreement prior to loss; or 2. charges required by local ordinance. CNA62648XX 10-15 Copyright CNA All Rights Reserved. �oRaN I Risk MmRgemerdDivisiun REVIEWED & APPROVED BY.- pu-cN" 1Z. Y1•.t.tA44a Risk Management Analyst