TURBO DATA SYSTEMS, INC. - Laserfiche WebLink

Home Browse Search

COMMERCIAL GENERAL LIABILITY No such subsidiary is an insured for "bodily organization in writing to us within injury" or "property damage" that occurred, or 180 days after you acquire or form it; "personal and advertising injury" caused by an or offense committed: (2)Until the end of the policy period, a. Before you maintained an ownership when that date is later than 180 days interest of more than 50% in such after you acquire or form such subsidiary;or organization, if you report such b. After the date, if any, during the policy organization in writing to us within period that you no longer maintain an 180 days after you acquire or form it; ownership interest of more than 50% in b. Coverage A does not apply to "bodily such subsidiary. injury" or "property damage" that For purposes of Paragraph 1.of Section II - Who occurred before you acquired or formed Is An Insured, each such subsidiary will be the organization;and deemed to be designated in the Declarations as: C. Coverage B does not apply to "personal a. A limited liability company; and advertising injury" arising out of an offense committed before you acquired b. An organization other than a partnership, or formed the organization. joint venture or limited liability company;or For the purposes of Paragraph 1. of Section C. Atrust; II - Who Is An Insured, each such as indicated in its name or the documents that organization will be deemed to be govern its structure. designated in the Declarations as: C. WHO IS AN INSURED - EMPLOYEES - a. A limited liability company; SUPERVISORY POSITIONS b. An organization, other than a The following is added to Paragraph 2.a.(1) of partnership, joint venture or limited SECTION II -WHO IS AN INSURED: liability company;or ( )( )� ( ) ( ) Paragraphs 1 a b and C above do not C. A trust; apply to"bodily injury"to a co-"employee"while as indicated in its name or the documents in the course of the co-"employee's" that govern its structure. employment by you arising out of work by any of E. WHO IS AN INSURED - LIABILITY FOR your "employees" who hold a supervisory CONDUCT OF UNNAMED PARTNERSHIPS position. OR JOINT VENTURES D. WHO IS AN INSURED - NEWLY ACQUIRED OR FORMED LIMITED LIABILITY The following replaces the last paragraph of COMPANIES SECTION II -WHO IS AN INSURED: The following replaces Paragraph 3. of No person or organization is an insured with respect to the conduct of any current or past SECTION II -WHO IS AN INSURED: partnership or joint venture that is not shown as 3. Any organization you newly acquire or form, a Named Insured in the Declarations. This other than a partnership or joint venture, paragraph does not apply to any such and of which you are the sole owner or in partnership or joint venture that otherwise which you maintain an ownership interest of qualifies as an insured under Section II - Who Is more than 50%, will qualify as a Named An Insured. Insured if there is no other similar insurance F. BLANKET ADDITIONAL INSURED - available to that organization. However: PERSONS OR ORGANIZATIONS FOR a. Coverage under this provision is YOUR ONGOING OPERATIONS AS afforded only: REQUIRED BY WRITTEN CONTRACT OR (1) Until the 180th day after you acquire AGREEMENT or form the organization or the end The following is added to SECTION II - WHO of the policy period, whichever is IS AN INSURED: earlier, if you do not report such CG D417 0219 ©2017 The Travelers Indemnity Company.All rights reserved. Page 2 of 5 Includes copyrighted material of Insurance Services Office, Inc.with its permission.