MOMS ORANGE COUNTY (3) - Laserfiche WebLink

Home Browse Search

Subparagraph (2)(a) of Paragraph g. Aircraft, Auto or Watercraft of SECTION I —COVERAGES, COVERAGE A - BODILY INJURY AND PROPERTY DAMAGE LIABILITY is amended to read as follows: (2) A watercraft you do not own that is: (a) Less than 58 feet long; and (b) Not being used to carry persons or property for a charge; This provision applies to any person, who with your consent, either uses or is responsible for the use of a watercraft. This insurance is excess over any other valid and collectible insurance available to the insured whether primary, excess or contingent. D. Supplementary Payments Paragraphs 1.1b. and 1.d. of SUPPLEMENTARY PAYMENTS — COVERAGES A AND B are amended as follows: 1. The limit for the cost of bail bonds is increased from$250 to $3,000; and 2. The limit for actual loss of earnings is increased from$250 a day to$1,000 a day. E. Employee Indemnification Defense Coverage The following is added to SUPPLEMENTARY PAYMENTS—COVERAGES A AND B: We will pay,on your behalf,defense costs incurred by an"employee" in a criminal proceeding. The most we will pay for any "employee" who is directly involved in a criminal proceeding is $25,000 regardless of the numbers of "employees," claims or "suits" brought or persons or organizations making claims or bringing "suits." F. Who Is An Insured The following is added to Paragraph 2. Of SECTION II—WHO IS AN INSURED: Each of the following is also an insured: a. Broadened Named Insured Any organization and subsidiary thereof which you control and actively manage on the effective date of this Coverage Part. However, coverage does not apply to any organization or subsidiary not named in the Declarations as Named insured, if they are also insured under another similar policy, but for its termination or the exhaustion of its limits of insurance. b. As Required By Contract Any person or organization where required by a written contract executed prior to the occurrence of a loss. Such person or organization is an additional insured for"bodily injury," .'property damage"or"personal and advertising injury"but only for liability caused, in whole or in part, by the negligence of the named insured. The limits of insurance applicable to these additional insureds are the lesser of the policy limits or those limits specified in a contract or agreement. These limits are included within and not in addition to the limits of insurance shown in the Declarations. c. Grantor of Franchise Any person or organization with respect to their liability as the grantor of a franchise to you. d. Managers, Landlords,or Lessors of Premises Any person or organization with respect to their liability caused, in whole or in part, by the ownership, maintenance or use of that part of the premises]eased or rented to you subject to the following additional exclusions: This insurance does not apply to: (1) Any`occurrence"which takes place after you cease to be a tenant in that premises; or (2) Structural alterations, new construction or demolition operations performed by or on behalf of that person or organization. e. Lessor of Leased Equipment—Automatic Status When Required in Lease Agreement With You LI-MU-GL-018 (08122) Includes copyrighted material of Insurance Services Office, Page 2 of 3 Inc.,with its permission.