Laserfiche WebLink
From: <br />4, Blanket Waiver of Subrogation <br />Section II - Liability Coverage, Part X. Liability <br />e and Medical Payments General Conditions, is <br />amended to include: <br />^- 6. Transfer of Rights of Recovery Against Oth- <br />Mac= ers to us and Blanket Waiver of Subrogation <br />a. If the insured has rights to recover all or <br />part of any payment we have made under <br />this Coverage Part, those rights are <br />transferred to us. The insured must do <br />.. nothing after loss to impair those rights. <br />At our request, the insured will bring suit <br />or transfer those rights to us and help us <br />enforce them. <br />i? <br />?_- b. If required by a written insured contract, <br />we waive any right of recovery we may <br />have against any person or organization <br />because of payments we make for injury <br />or damage arising out of your operations <br />or your work for that person or organ- <br />ization. <br />5. Broadened Named Insured <br />Section II - Liability Coverage, Part I. Wlio Is An <br />Insured, Item 4. is replaced with: <br />4. All of your subsidiaries, companies, corpo- <br />rations, fums, or organizations, as now or <br />hereafter constituted, qualify as Named In- <br />sured under this policy if: <br />(a) you have the responsibility of placing in- <br />surance for each such entity; and <br />(b) coverage for the entity is not otherwise <br />more specifically provided; and <br />(c) the entity is incorporated or organized <br />under the laws of the United States of <br />America. <br />But each entity is insured only while you <br />own, during the policy period, a controlling <br />interest in such entity of greater than 50% of <br />the stock or assets, However: <br />(a) Coverage under this provision is afforded <br />only until the end of the policy period, <br />or the 12 month anniversary of the policy <br />inception date, whichever is earlier; <br />(b) Coverage C does not apply to bodily in- <br />jury or property damage that occurred <br />u <br />A139139 8-07 <br />W <br />(o <br />01/31/2011 17:06 #622 8.005/008 <br />before you acquired or formed the or- <br />ganization; <br />(c) Coverage C does not apply to personal <br />injury or advertising injury arising out of <br />an offense committed before you ac- <br />quired or formed the organization. <br />6. Medical Payments <br />Unless Coverage D. Medical Payments is excluded <br />from this policy: <br />A. Section II - Liability Coverage, Part H. Ex <br />clusions, Item 2.f. is replaced with: <br />f. Included within the products-completed <br />operations hazard. However, this exclu- <br />sion does not apply to expenses for den- <br />tal services. <br />B. Section It - Liability Coverage, Part G. Cov- <br />erage, Item 2., is amended to include: <br />c. Coverage D. Medical Payments is pri- <br />mary and not contributing with any <br />other insurance, even if that other insur- <br />ance is primary also. <br />7. Tenant's Legal Liability <br />A. Section III - Liability Coverage, Part J. 11 <br />ability and Medical Payments Limits of In- <br />surance, Item 3. is replaced with: <br />3- The most we will pay under Coverage C <br />- Liability for damages because of prop- <br />erly damage to premises while rented to <br />you, temporarily occupied by you with <br />the permission of the owner, or managed <br />by you under a written agreement with <br />the owner: <br />a. arising out of any Covered Cause of <br />Loss shall be the greater of: <br />(1) $1,000,000; or <br />(2) The Tenant's Legal Liability <br />limit shown in the Declarations. <br />8. Chartered Aircraft <br />Section IL - Liability Coverage, Coverage C, Part <br />H. Exclusions, Item l.g. is amended to include: <br />(5) An aircraft in which you have no ownership <br />interest and that you have chartered with <br />crew. <br />Page 3 of '6