CPC POWERTEC, INC. (2)-2011 - Laserfiche WebLink

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BUSINESS LIABILITY COVERAGE FopM This Paragraph f, applies separately to you and any addltlonai insured. 3. Ftnanclal Responalhillty Lawa a. When this policy Is certified as proof of financial responslbllliy for the future under the provisions of any motor vehicle financial responsibility law, the insurance provided by the policy for "bodily injury" Ilabliity and "property damage" Ilabilily will comply with iha provisions of the law io the extent of the coverage and limbs of insurance required by that law. b. Witit respect to "mobile equlprnent" to which this Insurance applies, we will provide any liability, uninsured motorists, underinsured motorists, no-fault or other coverage required by any motor vehicle law. We will provide the required limits for those coverages. 4. Legal Aotlon Against Us No person or organization has a right under this Coverage Fonn: a, To Join us as a party or otherwise bring us Enlo a 'suit` asking for damages from an Insured; or b. To sus us on ibis Coverage Form unless all of its terms have been fully complied wish. A person or organization may sue us io recover on an agreed settlement or on a final judgment '?ainat an Insured; but we will not be liable for der»ages chat are not payable under the terms of title Insurance or that are in excess of the applicable limit of insurance. Art agreed settlement means a settlement and release of liability signed by us, the Insured and the claimant or the claimant's legal representative. s. Separation Of Insureds Except vrllh respect to the Lirnils of insurance, and any rights or duties specifically assigned Fn this policy to the first Named insured, this insurance applies: a. As If each Named Insured were fire only Named Insured; and b. Separatoly 1o each insured against whom a claim fe made or "suit" fs brought. 6. Representations a. When You Accept This Policy By accepting ibis policy, you agree: (i) The stater»enls In the Declarations are accurate and comptelB; (2) Those statements are- based upon rapreeantaiions you made to us; and (3) We have issued This policy in reliance upon your representations. b. Unlnterttlonal Failure To Disclose Hazards If uninientlonally you should fall to disclose alf hazards relating to the conduct of your business at the inoepilon date of this Coverage Parl, we shall not deny any coverage under thin Coverage Part because of ouch failure. other Insurance If other valid and collectible insurance is available for a loss we cover under this Coverage Part, our obligations are limbed as follov?s: a. Prtrnary insurance This insurance fa primary except when h. below applies. If other lnaurance Is also primary, we will share with all that other Insurance by the t»ethod described In c. below. b. Excess lnaurance Thla insurance is excess over any of 1ha ocher Insurance, whether primary, excess, contingent or on any other basis: (?) Your Work That Is Flre, F?ctended Coverage, 9uiider's Risk, Insiallafion Rlak or similar coverage for 'your work"; (2) Premlaes_Ranted To You That fe lira, lightning or explosion insurance for premises rented io you or temporarily occupied by you ?vitlt permission of the owner; (3) Tenant Liability That Is Insurance purchased by you to cover your Ilabilily as a tenant for "property damage" to premises rented to you or temporarily occupied by you wish perrnlssion of iha owner; (4) Aircraft, Auto Or Watercraft If the loss arises out of the maintenance or use of aircraft, "autos" or watercraft to the extent not subject to Exclusion g. of Section A. -Coverages. (b) property Damage Tv Borrowed Equipment Or Use Of Elevators If the loss arises out of "propariy damage" to borrowed equipment or the use of efevators to the extent not subJeol to Exclusion k. of Section A. - Coverages. Pages f 6 of 24 Form SS 00 08 04 05