Laserfiche WebLink
SUPPLEMENTARY PAYMENTS — COVERAGES A AND B <br />Item A. and d. are replaced whh., <br />b The cost of bail bonds required because of accidents or traffic law violations arising out of the use <br />of any vehicle to which the Bodily Injury Liability Coverage applies. We do not have to fumish <br />these bonds. <br />d All reasonable expenses incurred by the insured at our request to assist us in the investigation or <br />defense of the claim or "suit" including actual loss of earnings up to $500 a day because of time <br />off from work. <br />SECTION 11— WHO IS AN INSURED <br />Item 4. Is replaced wfdl: <br />4 Any subsidiaries, companies, corporations, firms, or organizations you acquire or form during the <br />policy period over which you maintain a controlling interest of greater than 50% of the stock or assets, <br />will qualify as a Named Insured fi <br />a) you have the responsibility of placing Insurance for such entity; and <br />b) coverage for the entity is not otherwise more specifically provided; and <br />c) the entity is incorporated or organized under the laws of the United States of America <br />However; coverage under this provision does not apply to "bodily injury' or "property damage' that <br />occurred before you acquired or formed the entity, or "personal injury" or "advertising injury" arising <br />out of an offense committed before you acquired or formed the entity. <br />Coverage under this provision is afforded only until the end of the policy period, or the twelve (12) <br />month anniversary of the policy inception date whichever is earlier. <br />SECTION III — LIMITS OF INSURANCE <br />Paragraph 2 Is amended to include: <br />The General Aggregate Limit of Insurance applies separately to each "location" owned by you, rented to <br />you, or occupied by you with the permission of the owner. <br />Paragraph 6. is replaced with the fbllouing. <br />6.. Subject to 5. above, the Fire Damage Limit is the most we will pay under Coverage A for damages <br />because of "property damage" to premises while rented to you, temporarily occupied by you with <br />permission of the _ owner, or managed by -you under a- written agreement with the owner, arising out of <br />any one fire, explosion or sprinkler leakage incident. <br />The Fire Damage Limit provided by this policy shall be the greater of: <br />a $500,000. or <br />b. The amount shown in the Declarations. <br />SECTION IV — COMMERCIAL GENERAL LIABILITY CONDITIONS <br />Item 2. a.& replaced with: <br />2, Duties In The Event of Occurrence, Offense, Claim or Suit <br />a. You must promptly notify us, Your duty to promptly notify us is effective when any of your <br />executive officers, partners, members, or legal representatives is aware of the "occurrence ", <br />offense, claim, or °suit ". Knowledge of an "occurrence ", offense, claim or 'suit" by other emplayee(s) <br />does not imply you also have such knowledge. To the extent possible, notice to us should include: <br />1) How, when and where the "occurrence" or offense took place; <br />2) The names and addresses of any Injured persons and witnesses; and <br />3) The nature and location of any injury or damage arising out of the "occurrence ", offense, claim <br />or "suit". <br />Includes copyrighted matedal of Insurance services offices Inc with its permission <br />GECG 602 (09104) Page 2 of 5 <br />INSURED COPY <br />Oar302007 8315374 NEUSXRRA0509 PGOMO60D 103317 GCAFPPN 00013445 Page 134 <br />