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COMMERCIAL INLAND MARINE SIM0094 0414 SCHEDULED MACHINERY AND EQUIPMENT COVERAGE FORM Various provisions in this Policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout this Policy, the words "you" and "your" refer to the Named Insured shown in the Declara- tions. The words "we", "us" and "our" refer to the Company providing this insurance. Other words and phrases that appear in quotation marks have special meaning. Refer to Section F. Definitions. A. Coverage We will pay for loss of or damage to Covered Property from any of the Covered Causes of Loss. 1. Covered Property Covered Property, as used in this Coverage Form, means the following property described in the Declarations: a. Your scheduled mobile or portable machinery and equipment; and b. Similar property of others in your care, custody or control shown in the schedule. c. Permanently mounted rides on trailers shall be treated as a single unit. 2. Property Not Covered Unless Scheduled Covered Property does not include: a. Accounts, bills, currency, documents, records, deeds, money, notes, securities or stamps; b. Contents of the machinery or equipment; c. Agricultural machinery and equipment; d. Contractor's equipment; e. Physician's and surgeon'sequipment; f. Scientific and medical diagnostic equipment; g. Aircraft, motor vehicles including motorcycles designed for highway use or watercraft; h. Property that you loan, lease or rent to others; L Property you accept while acting as a common or contract carrier; j. Property for sale, on consignment or in the course of manufacture; or k. Contraband, or property in the course of illegal transportationor trade. 3. Covered Causes Of Loss Covered Causes of Loss means Direct Physical Loss Or Damage to Covered Property except those causes of loss listed in the Exclusions. 4. Additional Coverages a. Additionally Acquired Property If during the policy period you take possession of additional property of a type already covered by this Coverage Form, we will cover such property for up to 30 days, but not beyond the end of the policy period. The most we will pay for loss or damage is the lesser of: (1) 25% of the total Limit Of Insurance shown in the Declarations for that type of property; or (2) $10,000. You will report values of such property to us within 30 days after you take possession and will pay any additional premium due. If you do not report such property, coverage will cease automatically 30 days after the date the property is acquired or at the end of the policy period, whichever occurs first. This Add iti on alCove rage does not increase the applicable Limit Of Insurance shown in the Declarations. This Additional Coverage does not apply to property covered on a blanket basis. b. Debris Removal (1) We will pay your expenses to remove debris of Covered Property caused by or resulting from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date of direct physical loss or damage. (2) The most we will pay under this Additional Coverage is 25% of: (a) The amount we pay for the direct physical loss or damage to Covered Property; plus SIM0094 0414 Includes copyrighted material of the Insurance Service Office, �oRaN } z RAMwaganadDMsfan REVIEWED & APPROVED BY.- f R. V;&wd Risk Management Analyst