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TRUE NORTH COMPLIANCE SERVICES (2)
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TRUE NORTH COMPLIANCE SERVICES (2)
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Last modified
5/13/2025 9:26:26 AM
Creation date
5/13/2025 9:26:12 AM
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Contracts
Company Name
TRUE NORTH COMPLIANCE SERVICES
Contract #
A-2022-072-13A
Agency
Planning & Building
Council Approval Date
5/17/2022
Expiration Date
5/16/2026
Insurance Exp Date
8/27/2025
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Insured: True North Compliance Services, Inc. <br /> Policy No.: <br /> AW 3J 248741 <br /> 14. AUTO LOAN PHYSICAL DAMAGE imposed under a lease for excessive use, <br /> EXTENSION abnormal wear and tear or high mileage; <br /> security deposits not refunded by the lessor; <br /> The following is added to SECTION Ill - cost for extended warranties,Credit Life <br /> PHYSICAL DAMAGE COVERAGE, C. Insurance, Health,Accident or Disability <br /> Limit Of Insurance provision: Insurance purchased with the loan; and <br /> carry over balances from previous leases. <br /> When a 'loss"results in a total loss to a <br /> covered auto you own for which a Loss This coverage applies only to the initial <br /> Payee is designated in this policy,the most lease for the covered "auto"which has not <br /> we will pay for"loss" in any one "accident"is previously been leased. This coverage is <br /> the greater of: excess over all other collectible insurance. <br /> 1. The actual cash value of the SECTION IV-CONDITIONS <br /> damaged or stolen property as of <br /> the time of the"loss";or 16. DUTIES IN THE EVENT OF <br /> ACCIDENT,CLAIM, SUIT OR LOSS <br /> 2. The outstanding balance of the <br /> initial loan, less any amounts for The following is added to SECTION IV- <br /> taxes, overdue payments, overdue BUSINESS AUTO CONDITIONS,A. Loss <br /> payment charges, penalties, Conditions,2. Duties In The Event Of <br /> interest, any charges for early Accident, Claim, Suit Or Loss: <br /> termination of the loan, costs for <br /> Credit Life Insurance, Health, d. Knowledge of any"accident", <br /> Accident or Disability Insurance claim, "suit"or"loss"will be <br /> purchased with the loan, and deemed knowledge by you when <br /> carry-over balances from previous notice of such"accident", <br /> loans. claim, "suit"or"loss"has been <br /> received by: <br /> 15. AUTO LEASE PHYSICAL DAMAGE <br /> EXTENSION (1) You, if you are an individual; <br /> (2) Any partner or insurance <br /> The following is added to SECTION III - manager if you are a <br /> PHYSICAL DAMAGE COVERAGE, C. partnership;or <br /> Limit Of Insurance provision: (3) An executive officer or <br /> insurance manager if you are <br /> If, because of damage,destruction or theft of a corporation. <br /> a covered"auto",which is a long-term <br /> leased"auto",the lease agreement between 17. BLANKET WAIVER OF <br /> you and the lessor is terminated,"we"will SUBROGATION <br /> pay the difference between the amount paid <br /> under paragraph C. LIMIT OF INSURANCE Paragraph 5.Transfer Of Rights Of <br /> 1. or 2. and the amount due at the time of Recovery Against Others To Us, <br /> "loss" under the terms of the lease SECTION IV-BUSINESS AUTO <br /> agreement applicable to the leased "auto" CONDITIONS,A. Loss Conditions is <br /> which you are required to pay: less any fees replaced by the following: <br /> to dispose of the auto; any overdue <br /> payments;financial penalties <br /> Includes copyrighted material of Insurance Services Office, Inc. with its permission. <br /> Copyright, Insurance Services Office, Inc., 1996 <br /> 461-0155 (9-97) <br /> 83904623 24-25 M-AL-OMB-WC-PL Sherry Young 2/10/2025 2,09r59 PM (PST) Page 6 of 7 <br />
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