CIVIC PLUS (CIVICREC)-2017 - Laserfiche WebLink

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2. furnish affirmative proof of loss with full particulars to the Insurer as soon as practicable but in no event later than 18o days after such Discovery; 3. submit to examination under oath at the Insurer's request; 4. produce all pertinent records at such reasonable times and places as the Insurer shall designate; and 5. provide full cooperation with the Insurer in all matters pertaining to a loss or claim. No Claim will be denied for failure to submit a written notice of Claim within the required amount time, unless this failure operates to prejudice the rights of the Insurer. C. The Insured may offer a comparison between an Insured's inventory records and actual physical count of its inventory to prove the amount of loss only where an Insured establishes wholly apart from such comparison that it has sustained a covered loss caused by a third party. lo. Section IX, DEFENSE AND SETTLEMENT, is deleted in its entirety. 11. Section X, PROOF OF LOSS FOR FIRST PARTY INSURING AGREEMENTS, is deleted. 12. Section XI, ALLOCATION, is deleted. 13. Section XII, OTHER INSURANCE, is deleted and replacing with the following: If an Insured or any other party at interest in any loss covered by this Policy has any crime insurance, bond, indemnity or similar insurance (the "Other Crime Policy"), which would cover such loss in whole or in part in the absence of this Policy, then this Policy shall be null and void to the extent of the amount recoverable or received under the Other Crime Policy; but this Policy shall cover such loss, subject to its exclusions, conditions and other terms, only to the extent of the amount of such loss in excess of the amount recoverable or received under the Other Crime Policy. Nothing in this endorsement is meant nor shall it be construed to obligate the Insurer to comply with the terms and conditions of any other insurance policy or bond including but not limited to the Other Crime Policy. 14. Section XIII, MATERIAL CHANGES IN EXPOSURE, is deleted and replaced with the following: A. ACQUISITION OR CREATION OF ANOTHER ORGANIZATION If, during the Policy Period, the Named Insured: i. acquires voting securities in another organization or creates another organization, which as a result of such acquisition or creation becomes a Subsidiary; or 2. acquires any organization by merger into or consolidation with the Named Insured; then, subject to the terms and conditions of this Policy, such organization shall be covered under this Policy but only with respect to loss resulting directly from Computer Fraud, Funds Transfer Fraud or Social Engineering Fraud sustained after such acquisition or creation, unless the Insurer agrees to provide coverage by endorsement for Computer Fraud, Funds Transfer Fraud or Social Engineering Fraud which took place prior to such acquisition or creation. B. ACQUISITION OF THE NAMED INSURED If, during the Policy Period, any of the following events occurs: i. the acquisition of the Named Insured, or of all or substantially all of its assets, by another entity, or the merger or consolidation of the Named Insured into or with another entity such that the Named Insured is not the surviving entity; or 2. the obtaining by any person, entity or affiliated group of persons or entities of the right to elect, appoint or designate at least 50% of the directors of the Named Insured; PF-48257 (og/18) Rifil Mudgmeni Dhialm Ii"EwED & APPROVED BY: Risk NFanagement Cl eriral Aide