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BUSINESS LIABILITYCOVERAGE FORM <br />(b)b. <br />Rentedto,inthecare,custodyor Coverageunderthisprovisiondoesnot <br />controlof,oroverwhichphysical apply to: <br />controlisbeingexercisedforany <br />(1) <br />"Bodilyinjury"or"propertydamage" <br />purposebyyou,anyofyour <br />thatoccurred;or <br />"employees","volunteerworkers", <br />(2) <br />"Personalandadvertisinginjury" <br />anypartnerormember(ifyouare <br />arisingoutofan offensecommitted <br />apartnershiporjointventure),or <br />beforeyouacquiredorformedthe <br />anymember(ifyouarealimited <br />organization. <br />liabilitycompany). <br />4.Operator Of Mobile Equipment <br />b.Real EstateManager <br />Withrespectto"mobileequipment"registeredin <br />Any person (other than your "employee"or <br />yournameunderanymotorvehicleregistration <br />"volunteerworker"),oranyorganization <br />law,anypersonisaninsuredwhiledrivingsuch <br />whileacting asyour real estatemanager. <br />equipmentalongapublichighwaywithyour <br />c.TemporaryCustodiansOfYour <br />permission.Anyotherpersonororganization <br />Property <br />responsiblefortheconductofsuchpersonis <br />Anypersonororganizationhavingproper <br />alsoaninsured,butonlywithrespecttoliability <br />temporarycustodyofyourpropertyifyou <br />arising out oftheoperation of the equipment,and <br />die,butonly: <br />onlyifno other insurance of anykindisavailable <br />(1) <br />Withrespecttoliabilityarisingoutofthe <br />tothatpersonororganizationforthisliability. <br />maintenanceoruseofthatproperty;and <br />However, noperson ororganizationisaninsured <br />withrespectto: <br />(2) <br />Untilyourlegalrepresentativehas <br />beenappointed.a. <br />"Bodilyinjury"toaco-"employee"ofthe <br />persondriving the equipment;or <br />d.Legal Representative If YouDie <br />b. <br />"Propertydamage"topropertyownedby, <br />Yourlegalrepresentativeifyoudie,but <br />rentedto,inthechargeoforoccupiedby <br />onlywithrespecttodutiesassuch.That <br />youortheemployerofanypersonwhois <br />representativewillhaveallyourrightsand <br />aninsuredunder thisprovision. <br />dutiesunder thisinsurance. <br />5.Operator of NonownedWatercraft <br />e.Unnamed Subsidiary <br />Withrespecttowatercraftyoudonotownthat <br />Anysubsidiaryandsubsidiarythereof,of <br />islessthan51feetlongandisnotbeingused <br />yourswhichisa legally incorporatedentity <br />to carry persons for a charge, any personisan <br />ofwhichyouownafinancialinterestof <br />insuredwhileoperatingsuchwatercraftwith <br />morethan50%ofthevotingstockonthe <br />yourpermission.Anyotherpersonor <br />effectivedateofthis CoveragePart. <br />organizationresponsiblefortheconductof <br />Theinsuranceaffordedhereinforany <br />suchpersonisalsoaninsured,butonlywith <br />subsidiarynotshownintheDeclarations <br />respecttoliabilityarisingoutoftheoperation <br />asanamedinsureddoesnotapplyto <br />ofthewatercraft,andonlyifnoother <br />injuryordamagewithrespecttowhichan <br />insuranceofanykindisavailabletothat <br />insuredunderthisinsuranceisalsoan <br />personor organization for thisliability. <br />insuredunderanotherpolicyorwouldbe <br />However,nopersonororganizationisan <br />aninsuredundersuchpolicybutforits <br />insured withrespect to: <br />terminationorupontheexhaustionofits <br />limits of insurance.a. <br />"Bodilyinjury"toaco-"employee"ofthe <br />personoperating the watercraft;or <br />3.NewlyAcquired Or Formed Organization <br />b. <br />"Propertydamage"topropertyownedby, <br />Anyorganizationyounewlyacquireorform, <br />rentedto,inthechargeoforoccupiedby <br />otherthanapartnership,jointventureor <br />youortheemployerofanypersonwhois <br />limitedliabilitycompany,andoverwhichyou <br />aninsuredunder thisprovision. <br />maintainfinancialinterestof more than 50%of <br />thevotingstock,willqualifyasaNamed 6.AdditionalInsuredsWhenRequiredBy <br />Insuredifthereisnoothersimilarinsurance WrittenContract,WrittenAgreementOr <br />available to thatorganization. However:Permit <br />a. <br />Coverageunderthisprovisionisafforded <br />Theperson(s)ororganization(s)identifiedin <br />onlyuntilthe180thdayafteryouacquire a.f. <br />Paragraphsthroughbelowareadditional <br />orformtheorganizationortheendofthe <br />insuredswhenyouhaveagreed,inawritten <br />policyperiod, whichever is earlier; and <br />FormSS 0008 0405Page 11of24 <br /> <br />