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CIVIC PLUS (CIVICREC)-2017
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CIVIC PLUS (CIVICREC)-2017
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Last modified
8/24/2022 10:58:20 AM
Creation date
5/8/2017 3:56:16 PM
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Contracts
Company Name
CIVIC PLUS (CIVICREC)
Contract #
A-2017-076
Council Approval Date
4/18/2017
Expiration Date
11/30/2020
Insurance Exp Date
4/30/2023
Destruction Year
0
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Cyber Crime Endorsement <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />This endorsement modifies insurance provided under the following: <br />Chubb Cyber Enterprise Risk Management Policy <br />Chubb DigiTech® Enterprise Risk Management Policy <br />It is agreed that solely with respect to the coverage provided by this endorsement, the Policy is amended as <br />follows: <br />1. Item 4. of the Declarations is amended to include the following: <br />Each Loss <br />Aggregate Limit of <br />Each Loss <br />Cyber Crime Insuring Agreements <br />Limit of <br />Insurance <br />Retention <br />Insurance <br />® <br />Funds Transfer Fraud Limit of <br />$250,000 <br />$250,000 <br />$25,000 <br />Insurance <br />® <br />Computer Fraud Limit of <br />$250,000 <br />$250,000 <br />$25,000 <br />Insurance <br />® <br />Social Engineering Fraud Limit <br />$250,000 <br />$250,000 <br />$25,000 <br />of Insurance <br />2. Section I, INSURING AGREEMENTS, is amended by adding the following: <br />CYBER CRIME INSURING AGREEMENTS <br />Funds Transfer Fraud <br />The Insurer will pay for loss of Money or Securities sustained by an Insured resulting directly from <br />Funds Transfer Fraud committed by a third party which is Discovered during the Policy Period. <br />Computer Fraud <br />The Insurer will pay the Insured for loss of Money, Securities or Property sustained by an Insured <br />resulting directly from Computer Fraud committed by a third party which is Discovered during the <br />Policy Period. <br />Social Engineering Fraud <br />The Insurer shall pay the Insured for loss of Money or Securities sustained by an Insured resulting <br />directly from Social Engineering Fraud committed by a person purporting to be a Vendor, Client or an <br />Employee who was authorized by the Insured to instruct other Employees to transfer Money or <br />Securities which is Discovered daring the Policy Period. <br />Hereinafter, the above Insuring Agreements shall be collectively referred to as the "Cyber Crime Insuring <br />Agreements". <br />3. Section II, DEFINITIONS, is amended to include the following: <br />Client means a customer of an Organization to whom such Organization provides goods or services tinder <br />written contract or for a fee. <br />Computer Fraud means the unlawftd taking of Money, Securities or Propi � w.�,enn <br />Computer Violation. jj// ������■���� _�_�,.,��}� �'^ ^'7"°"®�' <br />G�lID1Jll�t _. <br />PF-48257 (og/18) ffiskM—g—I CIe i-lAide <br />
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