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PI-GLD-HS (04/07) <br />(b) The construction, erection, or removal of elevators; or <br />(c) The ownership, maintenance, or use of any elevators covered by this insurance. <br />1. Limited Rental Lease Agreement Contractual Liability <br />The following is added to SECTION I - COVERAGES, COVERAGE A. BODILY INJURY AND <br />PROPERTY DAMAGE LIABILITY, Subsection 2. Exclusions, Paragraph b. Contractual Liability: <br />(3) Based on the named insured's request at the time of claim, we agree to indemnify the named <br />insured for their liability assumed in a contract or agreement regarding the rental or lease of a <br />premises on behalf of their client, up to $50,000. This coverage extension only applies to rental <br />lease agreements. This coverage is excess over any renter's liability insurance of the client. <br />J. Damaae to Property You Own. Rent or Occupy <br />SECTION I - COVERAGES, COVERAGE A BODILY INJURY AND PROPERTY DAMAGE <br />LIABILITY, Subsection 2. Exclusions, Paragraph j. Damage to Property, Item (1) is deleted in Its <br />entirety and replaced with the following: <br />(1) Property you own, rent, or occupy, Including any costs or expenses incurred by you, or any <br />other person, organization or entity, for repair, replacement, enhancement, restoration or <br />maintenance of such property for any reason, Including prevention of injury to a person or <br />damage to another's property, unless the damage to property is caused by your client, up to a <br />$30,000 limit. A client is defined as a person under your direct care and supervision. <br />K. Transfer of Rights of Recovery Against Others To Us <br />As a clarification, the following Is added to SECTION IV - COMMERCIAL GENERAL LIABLITY <br />CONDITIONS, Paragraph 8. Transfer of Rights of Recovery Against Others To Us: <br />Therefore, the insured can waive the Insurer's Rights of Recovery prior to the occurrence of a loss, <br />provided the walver Is made in a written contract. <br />L. Duties in the Event of Occurrence. Claim or Suit <br />1. The requirement in Paragraph 2.a. of SECTION IV - COMMERCIAL GENERAL LIABILITY <br />CONDITIONS that you must see to it that we are notified as soon as practicable of an 'occurrence' <br />or an offense, applies only when the 'occurrence' or offense is known to: <br />a. You, if you are an Individual; <br />b. A partner, if you are a partnership; or <br />c. An executive officer or insurance manager, if you are a corporation. <br />2. The requirement in Paragraph 2.b. of SECTION IV - COMMERCIAL GENERAL LIABILITY <br />CONDITIONS that you must see to it that we receive notice of a claim or "suit" as soon a Q• <br />practicable will not be considered breached unless the breach occurs after such claim 04yuit° Is <br />known to: op <br />a. You, if you are an individual; <br />b. A partner, if you are a partnership; or c. An executive officer or insurance manager, if you are a corporation. <br />??5 anti <br />Page 5 of 7 y?g <br />Includes copyrighted material of Insurance Services Office, Inc., w' its permission.