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SELECTRON TECHNOLOGIES, INC.
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Last modified
9/8/2021 1:57:33 PM
Creation date
9/8/2021 1:53:08 PM
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Contracts
Company Name
SELECTRON TECHNOLOGIES, INC.
Contract #
A-2021-167
Agency
Finance & Management Services
Council Approval Date
8/17/2021
Expiration Date
12/31/2025
Insurance Exp Date
1/31/2022
Destruction Year
2030
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BUSINESS LIABILITY COVERAGE FORM <br />This Paragraph f. applies separately to <br />(3) We have issued this policy in reliance <br />you and any additional insured. <br />upon your representations. <br />3. Financial Responsibility Laws <br />b. Unintentional Failure To Disclose <br />a. When this policy is certified as proof of <br />Hazards <br />financial responsibility for the future under <br />If unintentionally you should fail to disclose <br />the provisions of any motor vehicle <br />all hazards relating to the conduct of your <br />financial responsibility law, the insurance <br />business at the inception date of this <br />provided by the policy for "bodily injury" <br />Coverage Part, we shall not deny any <br />liability and "property damage" liability will <br />coverage under this Coverage Part <br />comply with the provisions of the law to <br />because of such failure. <br />the extent of the coverage and limits of <br />7, Other Insurance <br />insurance required by that law. <br />b. With respect to "mobile equipment" to <br />If other valid and collectible insurance is <br />which this insurance applies, we will <br />available for a loss we cover under this <br />provide any liability, uninsured motorists, <br />Coverage Part, our obligations are limited as <br />underinsured motorists, no-fault or other <br />follows: <br />coverage required by any motor vehicle <br />a. Primary Insurance <br />law. We will provide the required limits for <br />This insurance is primary except when b. <br />those coverages. <br />below applies. If other insurance is also <br />4. Legal Action Against Us <br />primary, we will share with all that other <br />No person or organization has a right under <br />insurance by the method described in c.below. <br />this Coverage Form: <br />a. To join us as a party or otherwise bring us <br />b. Excess Insurance <br />into a "suit" asking for damages from an <br />This insurance is excess over any of the <br />insured; or <br />other insurance, whether primary, excess, <br />b. To sue us on this Coverage Form unless <br />contingent or on any other basis: <br />all of its terms have been fully complied <br />(1) Your Work <br />with. <br />That is Fire, Extended Coverage, <br />A person or organization may sue us to recover <br />Builder's Risk, Installation Risk or <br />on an agreed settlement or on a final judgment <br />similar coverage for "your work"; <br />against an insured; but we will not be liable for <br />(2) Premises Rented To You <br />damages that are not payable under the terms of <br />this insurance or that are in excess of the <br />That is fire, lightning or explosion <br />applicable limit of insurance. An agreed <br />insurance for premises rented to you <br />settlement means a settlement and release of <br />or temporarily occupied by you with <br />liability signed by us, the insured and the <br />permission of the owner; <br />claimant or the claimant's legal representative. <br />(3) Tenant Liability <br />5. Separation Of Insureds <br />That is insurance purchased by you to <br />Except with respect to the Limits of Insurance, <br />cover your liability as a tenant for <br />and any rights or duties specifically assigned <br />"property damage" to premises rented <br />in this policy to the first Named Insured, this <br />to you or temporarily occupied by you <br />insurance applies: <br />with permission of the owner; <br />a. As if each Named Insured were the only <br />(4) Aircraft, Auto Or Watercraft <br />Named Insured; and <br />If the loss arises out of the maintenance <br />b. Separately to each insured against whom <br />or use of aircraft, "autos" or watercraft to <br />a claim is made or "suit" is brought. <br />the extent not subject to Exclusion g. of <br />Section A. — Coverages. <br />6. Representations <br />(5) Property Damage To Borrowed <br />a. When You Accept This Policy <br />Equipment Or Use Of Elevators <br />By accepting this policy, you agree: <br />If the loss arises out of "property <br />(1) The statements in the Declarations <br />damage" to borrowed equipment or <br />are accurate and complete; <br />the use of elevators to the extent not <br />(2) Those statements are based upon <br />subject to <br />representations you made to us; and <br />%sleMmogemento�mn <br />CoverageEm�h��EWED&APPRO BY: <br />�K R. ViL�2 <br />Page 16 of 24 <br />isk Manager nt anayst <br />
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