Laserfiche WebLink
Policy Number: VCGP033343 VE 05 86 01 16 <br /> Insured Name: Loengreen Inc <br /> Number: Effective Date: 01/14/2025 <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> ADDITIONAL INSURED -- LESSOR OF LEASED EQUIPMENT- AUTOMATIC <br /> STATUS WHEN REQUIRED IN LEASE AGREEMENT WITH YOU <br /> This endorsement modifies insurance provided under the following: <br /> Commercial General Liability Coverage Part <br /> APPLICATION OF ENDORSEMENT: (Enter below any limitations on the application of this endorsement.). <br /> Schedule <br /> Limitations on application of this endorsement: <br /> Automatic additional insured status does not apply to any persons) or organization(s)from whom <br /> you lease crane or scaffolding equipment. <br /> A. Section 11 — Who Is An Insured is amended to include as an additional insured any person(s) or <br /> organization(s) from whom you lease equipment when you and such person(s) or organization(s) have agreed <br /> in writing in a contract or agreement that such person(s) or organization(s) be added as an additional insured <br /> on your policy. Such person(s) or organization(s) is an insured only with respect to liability for"bodily injury" or <br /> "property damage" caused in whole or in part, by your maintenance, operation or use of equipment leased to <br /> you by such person(s) or organization(s). <br /> However the insurance afforded to such additional insured: <br /> 1. Does not apply to the additional insured's sole negligence; <br /> 2. Only applies to the extent permitted by law; and <br /> 3. Will not be broader than that which you are required by the contract or agreement to provide for such <br /> additional insured. <br /> A persons or organization's status as an additional insured under this endorsement ends when their contract or <br /> agreement with you for such leased equipment ends. <br /> R. With respect to the insurance afforded to these additional insureds, this insurance does not apply to any <br /> "occurrence"which takes place after the equipment lease expires. <br /> C. With respect to the insurance afforded to these additional insureds, the following is added to Section III— <br /> Limits Of Insurance: <br /> The most we will pay on behalf of the additional insured is the amount of insurance: <br /> 1. Required by the contract or agreement you have entered into with the additional insured; or <br /> 2. Available under the applicable Limits of Insurance shown in the Declarations; <br /> whichever is less. <br /> This endorsement shall not increase the applicable Limits of Insurance shown in the Declarations. <br /> Includes copyrighted material of Insurance Services Office, Inc. <br /> with its permission <br /> VE 05 86 01 16 Page 1 of 1 <br />