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BLX GROUP LLC.
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Last modified
3/4/2021 4:48:24 PM
Creation date
3/4/2021 4:46:53 PM
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Contracts
Company Name
BLX GROUP LLC.
Contract #
N-2021-037
Agency
Finance & Management Services
Expiration Date
2/14/2024
Insurance Exp Date
6/1/2021
Destruction Year
2029
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74996569 COMMERCIAL AUTOMOBILE <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />COMMERCIAL AUTOMOBILE BROAD FORM ENDORSEMENT <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />This endorsement modifies the Business Auto Coverage Form, <br />1. EXTENDED CANCELLATION CONDITION <br />Paragraph A.2,b. — CANCELLATION " of the <br />COMMON POLICY CONDITIONS form IL 00 17 is <br />deleted and replaced with the following: <br />b. 60 days before the effective date of cancellation it <br />we cancel for any other reason. <br />2. BROAD FORM INSURED <br />A. Subsidiaries and Newly Acquired or Formed <br />Organizations As Insureds <br />The Named Insured shown in the Declarations is <br />amended to include: <br />1. Any legally Incorporated subsidiary in which <br />you own more than 60% of the voting stock on <br />the effective date of the Coverage Form. <br />However, the Named Insured does not include <br />any subsidiary that Is an "insured" under any <br />other automobile policy or would be an <br />"Insured" under such a policy but for its <br />termination or the exhaustion of its Limit of <br />Insurance. <br />2. Any organization that Is acquired or formed by <br />you and over which you maintain majority <br />ownership. However, the Named Insured <br />does not include any newly formed or acquired <br />organization: <br />(a) That is an "insured" under any other <br />automobile policy; <br />(b) That has exhausted Its Limit of Insurance <br />under any other policy; or <br />(c)180days or more after its acquisition or <br />formation by you, unlessyou have given <br />us written notice of the acquisition or <br />formation, <br />Coverage does not apply to "bodily injury" or <br />"property damage" that results from an "accident" <br />that occurred before you formed or acquired the <br />organization. <br />B. EmploYees as insureds <br />Paragraph A,1. — WHO IS AN INSURED - of <br />SECTION 11— LIABILITY COVERAGE is amended to <br />add the following, <br />d, Any'amployee" of yours while using a <br />covered "auto" you don't own, hire or <br />borrow in your business or your personal <br />affairs. <br />C. Lessors as insureds <br />Paragraph A.I. — WHO IS AN INSURED — of <br />SECTION II — LIABILITY COVERAGE is <br />amended to add the following: <br />a. The lessor of a covered "auto" while the <br />"auto" is leased to you under a written <br />agreement if: <br />(1) The agreement requires you to <br />provide direct primary insurance for <br />the lessor; and <br />(2) The "auto" is leased without a driver. <br />Such leased "auto" will be considered a <br />covered "auto" you own and not a covered <br />"auto" you hire, <br />However, the lessor is an "insured" only <br />far "bodily Injury" or"property damage" <br />resulting from the acts or omissions by; <br />1. You; <br />2. Any of your "employees" or agents; <br />or <br />3, Any person, except the lessor or <br />any "employee" or agent of the <br />lessor, operating an "auto" with the <br />permission of any of 1. and/or 2, <br />above. <br />D. Persons And Organizations As insureds <br />Under Written Insured Contract <br />Paragraph A:1 — WHO IS AN INSURED — of <br />SECTION 11— LIABILITY COVERAGE is <br />amended to add the following: <br />f. Any person or organization with respect to <br />the operation, maintenance or use of a <br />covered "auto", provided that you and <br />such person or organization have agreed <br />under an express provision in a written <br />"Insured contract", written agreement or a <br />written permit issued to you by a <br />governmental or public authority to add <br />such person or organization to this policy <br />as an "insured", <br />However, such person or organization is <br />an "insured" only: <br />Form; 16-02-0292 (Rev. 11-16) Page 1 <br />"Includes copyrighted material of Insurance Services Office, Inc, with Its permi <br />lUekMm"g�m EDI*bn <br />M"� RenE+rrEo&MpawEn Bv: <br />1 <br />rl.N "w Z V;14" <br />Ruk Management Analpt <br />
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