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MDG ASSOCIATES 3 - 2014
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MDG ASSOCIATES 3 - 2014
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Last modified
9/2/2014 9:28:07 AM
Creation date
9/2/2014 9:21:22 AM
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Contracts
Company Name
MDG ASSOCIATES
Contract #
N-2014-114
Agency
COMMUNITY DEVELOPMENT
Expiration Date
12/31/2014
Insurance Exp Date
7/1/2015
Destruction Year
2019
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The Damage To Premises Rented To You Limit is the <br />higher of $200,000 or the amount shown in the Doc - <br />larations as Damage To Premises Rented To You <br />Limit. <br />The following is added to Paragraph 2.a, of SECTION <br />If WHO IS AN INSURED: <br />Paragraph (1) does not apply to executive officers, or <br />to managers at the supervisory level or above. <br />SUPPLEMENTARY PAYMENTS — COVERAGES A <br />AND B — BAIL BLINDS <br />Paragraph 1.b. of SUPPLEMENTARY PAYMENTS <br />— COVERAGES A AND B is replaced by the follow- <br />ing: <br />b. Up to $3,000 for cost of bail bonds required <br />because of accidents or traffic law violations <br />arising out of the use of any vehicle to which <br />the Bodily Injury Liability Coverage applies, <br />We do not have to furnish titaso bonds. <br />r, <br />Paragraph 2.f,(1) (d) of SUPPLEMENTARY PAY- <br />MENTS — COVERAGES A AND B is replaced by <br />the following: <br />(d) Cooperate with us with respect <br />to coordinating other applicable <br />insurance and self- insured <br />retention available to the in- <br />demntee; and <br />a. "Bodily injury" or 'property damage" ex- <br />pected or intended from the standpoint of the <br />insured. This exclusion does not apply to <br />"bodily injury" or "property damage" result- <br />ing from the use of reasonable force to pro- <br />tect persons or property. <br />r � <br />The medical expense limit is amended to $10,000. <br />• rt • t <br />The following is added to Paragraph 2. SECTION IV <br />— COMMERCIAL GENERAL LIABILITY <br />CONDITIONS Duties In The Event Of Occurrence, <br />Offense, Claim Or Suit of: <br />Knowledge of an "occurrence ", claim or "suit" by <br />your agent, servant or employee shall not in itself <br />constitute knowledge of the named insured unless an <br />officer of the named insured has received such notice <br />from the agent, servant or employee, <br />The following definition is added to SECTION V — <br />DEFINITIONS, Definition 9. 'Insured contract" par- <br />agraph f.: <br />(4) That part of any contract or agree- <br />ment that indemnifies any person <br />or organization for the indemnitoe's <br />sole tort liability. <br />The first paragraph of Other Insurance of SECTION <br />IV — COMMERCIAL GENERAL LIABILITY CON - <br />OITIONS is replaced with the following: <br />If other valid and collectible insurance, or any self -in- <br />sured retention, is available to the insured for a loss <br />we cover under COVERAGE A or B of this Coverage <br />Part, our obligations are limited as follows: <br />METHOD OF SHEARING <br />The second paragraph of 4,0. Method of Sharing of <br />SECTION IV — COMMERCIAL (GENERAL LIABIL- <br />ITY CONDITIONS is replaced with the following: <br />a. Coverage under this provision is afforded If any of the other insurance does not permit contri- <br />only until the end of the policy period. bution by equal shares or is subject to a solf- insured <br />retention, we will contribute by limits. Under this <br />EXTENDED "PROPERTY DAMAGE" method, each insurer's share is based on the ratio of <br />Its applicable limit of insurance or self - insured re- <br />Exclusion a. of SECTION I — COVERAGE A is tention or both combined to the total applicable limits <br />amended to read: <br />Page 4 of 5 <br />C- AG-16- PRINT00"l EB- 0110 -E <br />
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