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KFB MANAGEMENT INC
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Last modified
8/24/2022 1:32:35 PM
Creation date
6/29/2022 4:20:42 PM
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Contracts
Company Name
KFB MANAGEMENT INC
Contract #
N-2021-193-01
Agency
Public Works
Expiration Date
5/31/2023
Insurance Exp Date
6/11/2023
Destruction Year
2028
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2. Exclusions <br />We will not pay expenses for "bodily injury": <br />a. Any Insured <br />To any insured, except "volunteer workers". <br />b. Hired Person <br />To a person hired to do work for or on behalf of <br />any insured or a tenant of any insured. <br />c. Injury On Normally Occupied Premises <br />To a person injured on that part of premises <br />you own or rent that the person normally occu- <br />pies. <br />d. Workers Compensation And Similar Laws <br />To a person, whether or not an "employee" of <br />any insured, if benefits for the "bodily injury" <br />are payable or must be provided under a work- <br />ers' compensation or disability benefits law or a <br />similar law. <br />e. Athletics Activities <br />To a person injured while practicing, instructing <br />or participating in any physical exercises or <br />games, sports, or athletic contests. <br />f. Products -Completed Operations Hazard <br />Included within the "products -completed opera- <br />tions hazard". <br />g. Coverage A Exclusions <br />Excluded under Coverage A. <br />SUPPLEMENTARY PAYMENTS — COVERAGES A <br />AND B <br />1. We will pay, with respect to any claim we investi- <br />gate or settle, or any "suit" against an insured we <br />defend: <br />a. All expenses we incur. <br />b. Up to $250 for cost of bail bonds required <br />because of accidents or traffic law violations <br />arising out of the use of any vehicle to which <br />the Bodily Injury Liability Coverage applies. We <br />do not have to furnish these bonds. <br />c. The cost of bonds to release attachments, but <br />only for bond amounts within the applicable <br />limit of insurance. We do not have to furnish <br />these bonds. <br />d. All reasonable expenses incurred by the in- <br />sured at our request to assist us in the investi- <br />gation or defense of the claim or "suit", includ- <br />ing actual loss of earnings up to $250 a day <br />because of time off from work. <br />e. All court costs taxed against the insured in the <br />"suit". However, these payments do not include <br />attorneys' fees or attorneys' expenses taxed <br />against the insured. <br />f. Prejudgment interest awarded against the <br />insured on that part of the judgment we pay. If <br />we make an offer to pay the applicable limit of <br />insurance, we will not pay any prejudgment in- <br />terest based on that period of time after the of- <br />fer. <br />g. All interest on the full amount of any judgment <br />that accrues after entry of the judgment and <br />before we have paid, offered to pay, or depos- <br />ited In court the part of the judgment that is <br />within the applicable limit of insurance. <br />These payments will not reduce the limits of insur- <br />ance. <br />2. If we defend an insured against a "suit" and an <br />indemnitee of the insured is also named as a party <br />to the "suit", we will defend that indemnitee if all of <br />the following conditions are met: <br />a. The "suit" against the indemnitee seeks dam- <br />ages for which the insured has assumed the li- <br />ability of the indemnitee in a contract or agree- <br />ment that is an "insured contract"; <br />b. This insurance applies to such liability as- <br />sumed by the insured; <br />c. The obligation to defend, or the cost of the <br />defense of, that indemnitee, has also been as- <br />sumed by the insured in the same "insured <br />contract' <br />d. The allegations in the "suit" and the information <br />we know about the "occurrence" are such that <br />no conflict appears to exist between the inter- <br />ests of the Insured and the interests of the in- <br />demnitee; <br />e. The indemnitee and the insured ask us to <br />conduct and control the defense of that indem- <br />nitee against such "suit" and agree that we can <br />assign the same counsel to defend the insured <br />and the indemnitee; and <br />If. The indemnitee: <br />(1) Agrees in writing to: <br />(a) Cooperate with us in the investigation, <br />settlement or defense of the "suit"; <br />(b) Immediately send us copies of any <br />demands, notices, summonses or legal <br />papers received in connection with the <br />"suit"; <br />(c) Notify any other insurer whose coverage <br />is available to the indemnitee; and <br />(d) Cooperate with us with respect to coor- <br />dinating other applicable insurance <br />available to the indemnitee; and <br />(2) Provides us with written authorization to: <br />(a) <br />Page 8 of 16 © ISO Properties, Inc., 2006 <br />Obtain records — <br />related to the "su Uk OM" <br />9arG �k�amn <br />�a"kMu�gem xaa��,iwa" <br />VVVV VI IL VI �LI <br />
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