PARAGON PARTNERS (2) -2011 - Laserfiche WebLink

Home Browse Search

If on "employee's" personal insurance also Ek applies n an excess basis (oacovered "oub`" hired or rented by your "employee" on your behalf and at your direction, this insurance will be primary to the "employee's" personal insurance. 3. AMENDED FELLOW EMPLOYEE EXCLUSION EXCLUSION 5. - FELLOW EMPLOYEE - of SECTION U - LIABILITY COVERAGE does not apply J you have workers' compensation insurance in -force covering all of your ''employees". Coverage is excess over any other collectible insurance, 4. HIRED AUTO PHYSICAL DAMAGE COVERAGE If hired "autos" are covered "autos" for Liability Coverage and if Comprehensive, Specified Causes of Loss, or Collision oovanaQoo one provided under this Coverage Form for any "autV" you oxvn, then the Physical Damage Coverages provided are extended to"ouh>a"you hire orborrow, subject tothe following limit. The most we will pay for "loss" to any hired (2) The actual cash value ofthe damaged m stolen property sdthe time ofthe "loam;or (3) The cost of repairing or replacing the damaged orstolen property, whichever imsmallest, minus deductible. The deductible will be equal to the largest deductible applicable toany owned "auho"for that coverage. Nodeductible applies to "loss" caused byfire or lightning. Hired Auto Physical Damage coverage is excess over any other oo||mdib|e insurance. Subject tothe above limit, deductible and excess provisions, vvewill provide coverage equal tothe broadest coverage applicable to any covered ^auio''you own. VVmwill also cover loss ofuse ufthe hired "uuto" if it results from on "acoident", you are legally liable and the lessor incurs an actual financial |oso, subject to a maximum of $1000 per "occident". This extension ofcoverage does not apply toany ^muho" you hire or borrow from any of your "employees", partners (if you are o partnership), members (if you are m limited liability company), ormembers oftheir households. PHYSICAL DAMAGE ADDITION TEMPORARY TRANSPORTATION EXPEN COVERAGE Paragraph AA.a. of SECTION III - PHYSIC DAMAGE COVERAGE is amended to provide limit of $50 per day and a maximum limit is Under SECTION U| - PHYSICAL DAMAGE COVERAGE. in the event ofa total "lose" to a covered "au\m", we will pay your additional |eQo| obligation for any difference between the actual cash value of the "auto" at the time of the "loss" and the "outstanding balance" ofthe |uan/|eaoe. "Outstanding bo|mnca° means the amount you owe on the loan/lease at the time of "loss" |aue any amounts representing taxes; overdue payments; pmnm|Uea, interest or charges resulting from overdue payments; additional mileage charges; excess wear and tear charges; lease termination fees; moourih/ deposits not returned by the lessor; costs for extended warranties, credit life |nouranco, hea||h, accident ordisability insurance purchased with the loan or lease; and carry-over balances from previous loans orleases. Under Paragraph B. EXCLUSIONS - of SECTION III - PHYSICAL DAMAGE COVERAGE, the following is added, The exclusion relating to mechanical breakdown does not apply to the accidental discharge of an 8. ELECTRONIC EQUIPMENT BROADENED COVERAGE The exceptions to Paragraphs B.4 - EXCLUSIONS - of SECTION III - PHYSICAL DAMAGE COVERAGE are replaced by the a.Excluslons 4.c. and 4.d. do not apply to equipment designed to be operated solely by use of the power from the "auto's" electrical system that, at the time of "loss", is: (1) Permanently installed in or upon the covered "auto"; (2) Removable from a housing unit which is permanently installed in or upon the covered "auto"; (3) An integral part of the same unit housing any electronic equipment described in Paragraphs a. and b. above; or (4) Necessary for the normal operation of the covered "auto" or the monitoring of the covered "aUtO'S" operating system. @2U10, The Hartford (| d material Form HA 99 16 0910 �n.) Page 3mf 5 PARA[SC}NPARTNERS A-2011-056-01 REV|EVVEDBY��/ �r��y `� EUN|CEHERED|A (PG22of23)