PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2011

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F-MMEMMUIT-14.- MMAMZMMIM*� W-A This Paragraph f. applies separately to (3) We have issued this policy in reliance you and any additional insured. upon your representations. 3. Financial Responsibility Laws b. Unintentional Failure To Disclose a. When this policy is certified as proof of Hazards financial responsIbillty for the future under If unintentionally you should fail to disclose, the provisions of any motor vehicle all hazards relating to the conduct of your financial responsibility law, the insurance business at the inceptoin date of this provided by the policy for "bodfly injury" Coverage Part, we shall not deny any liability and "property damage" liability will coverage under this, Coverage Part comply with the provisions of the law to because of such failure. the extent of the coverage and limits of T. Other Insurance insurance required by that law. If other valid and collectible insurance is b. With respect to "mobile equipment" to available for a loss we cover under this which this insurance applies, we will Coverage Part, our obliigations are limited as provide any liability, uninsured motorists, follows: underinsured motorists, no-fault or other coverage required by any motor vehicle a. Primary Insurance law. We will provide the required limits for This insurance is primary except when b. those coverages, below applies, If other insurance is also 4. Legal Action Against Us primary, we will share with all that other insurance by the rnethod described in c. No person or organization has a right under below, this Coverage Form: ia" To join us as a party or otherwise bring us b. Excess insurance into a "'suit" asking for damages from an This insurance is excess over any of the insured; or otheir insurance, whether primary, excess, b. To sue us on this Coverage Form unless contingent or on any other basis: all of its terms have been fuilly complied (1), Your Work with. That is Fire, Extended Coverage, A person or organization rnay sue us to recover Builder's Risk, Installation Risk or on an agreed settlement or on a final judgment similar coverage for "your work"'; against an insured; but we will not be liable for (2) Premises Rented To You damages that are not payable under the temis of That is fire, lightning or explosion this insurance or that are in excess of 'the insurance for premises rented to you applicable limit of insurance. An agreed or temporarily occupied by you with settlement means a settlement and release of permission of the owner-, liability signed by us, the insured and the claimant or the claimant's legal representative. (3) 'Tenant Liability 5. Separation Of Insureds That is insurance purchased by you to Except with respect to tine Limits of Insurance, over your liability as a tenant for "property damage" to premises rented and any rights or duties specifically assigned to you or temporarily occupied by you in this policy to the first Named Insured, this with permission of the owner; insurance applies: (4) Aircraft, Auto Or Watercraft a, As if each Named! Insured were the only Named Insured; and If the loss arises out of the maintenance or use of aircraft, "autos" or watercraft to b. Separately to each insured against whom the extent not subject to Exclusion g. of a claim is made or "suit" is brought. Section A. — Coverages. 6. Representations (5) Property Damage To Borrowed a. When You Accept This Policy Equipment Or Use Of Elevators By accepting this policy, you agree: If the loss arises out of "property (1) The staternents in the Declarations damage" to borrowed equipment or are accurate and complete; the use of elevators to the extent not (2) Those statements are based upon subject to Exclusion k. of Section A. — representations you made to us; and Coverages. Page 16 of 24 Form SS 00 08 04 05 �7 C, 9,1 D �1, i !RVN, 5�,afry Y'orwj AM rp-,V age s of 1,'