ANHEUSER BUSCH/STRAUB DISTRIBUTING 2 - 2014

Home Browse Search

(1) This insurance is excess over any valid and collectible other insurance available to the insured, whether primary, excess, contingent or on any other basis. (11) This Insurance is not a substitute for "compulsory admitted insurance" in any country or jurisdiction included in Para- graph c. above, regardless of whether this insurance would qualify as "compul- sory admitted insurance" in such country or jurisdiction or is accepted by the ap- propriate authorities as proof of "compul- sory admitted insurance ". You agree to maintain "compulsory ad- mitted insurance" at the limits required by law. Your failure to do so will not invali- date the coverage provided for such "or, currences" or offenses, but we will only be liable to the same extent we would have been liable had you maintained "compulsory admitted insurance ". For purposes of this Paragraph (11), "com- pulsory admitted insurance" means in- surance that is: (1) Required to be in -force to satisfy the legal requirements of a specific coun- try or jurisdiction; and (2) Issued by an insurance fund admints- tered by such country or jurisdiction or issued by an insurer licensed or permitted by law to do business in such country or jurisdiction. (III) With respect to defending the insured against, or the investigation or settlement of, any claim or "suit" brought against the insured, the following will apply: (1) The phrase "We will pay....:' In the first sentence of Paragraph 1.a. of SECTION I — COVERAGES — COV• ERAGE A BODILY INJURY AND PROPERTY DAMAGE LIABILITY and Paragraph 1.a. of SECTION I — COVERAGES — COVERAGE B PERSONAL AND ADVERTISING INJURY LIABILITY is replaced by the phrase "We will indemnify the in- sured for...:'. (2) You must arrange to defend the in- sured against, and investigate or set- tle, any claim or "suit". (3) Neither you nor any other involved insured will make any settlement without our consent. COMMERCIAL GENERAL LIABILITY (4) We will pay expenses incurred with our consent for your defense of the insured against any "suit" seeking damages for "bodily Injury", "properly damage ", "personal injury' or "adver- tising injury" to which this insurance applies. (5) We may, at our discretion, participate in defending the insured against, or in the settlement of, any claim or "suit ". 2. The following is added to the DEFINITIONS Section: "Prohibited area" means any country or juris- diction while any trade sanction, embargo, or similar regulation imposed by the United States of America applies to and prohibits the transaction of business with or within such country or jurisdiction. D. DAMAGE TO PREMISES RENTED TO YOU 1. The following replaces the last paragraph of Paragraph 2., Exclusions, of SECTION I — COVERAGES — COVERAGE A BODILY IN- JURY AND PROPERTY DAMAGE LIABIL- ITY: Exclusions c. through n. do not apply to dam- age to premises while rented to you, or tem- porarily occupied by you with permission of the owner, caused by: a. Fire; b. Explosion; c. Lightning; d. Smoke resulting from such fire, explosion, or lightning; or e. Water. A separate limit of insurance applies to such damage to promises as described in Para- graph 6. of Section III — Limits Of Insurance. This insurance does not apply to damage to premises while rented to you, or temporarily occupied by you with permission of the owner, caused by: a. Rupture, bursting, or operation of pres- sure relief devices; b. Rupture or bursting due to expansion or swelling of the contents of any building or structure, caused by or resulting from wa- ter; C. Explosion of steam boilers, steam pipes, steam engines, or steam turbines, CG D4 58 10 08 0 2008 The Travelers Companles, Inc. Page 3 of 9