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THE LIBRARY CORPORATION
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Last modified
6/13/2018 4:40:31 PM
Creation date
6/23/2017 4:02:38 PM
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Contracts
Company Name
THE LIBRARY CORPORATION
Contract #
A-2017-139
Agency
Parks, Recreation, & Community Services
Council Approval Date
6/6/2017
Expiration Date
6/17/2020
Insurance Exp Date
5/8/2019
Destruction Year
0
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7. BROADENED PROPERTY DAMAGE —BORROWED EQUIPMENT, CUSTOMERS' GOODS AND USE OF <br />ELEVATORS <br />The Insurance for "property damage" liability is subject to the following: <br />a. The Damage To Property exclusion under Section I Coverage A is amended as follows: <br />1. The exclusion for personal property in the care, custody or control of the insured does not apply to <br />"property damage"to squipment you borrow while at a job site and provided It Is not being used by <br />anyone to perform operations at the time of loss. <br />2. The exclusions for <br />(a) Property loaned to you; <br />(b) Personal property in the care, custody or control of the insured; and <br />(c) That particular part of any property that must be restored, repaired or replaced because 'your <br />work" was incorrectly performed on it <br />do not apply to "property damage"to'icustomers' goods"while on your premises nor do they apply to <br />"property damage" arising from the use of alevators at premises you own, rent, lease or occupy. <br />Subject to the Each Occurrence Limit, the most we will pay for "property damage" to 'Customers' <br />Goods" is $35,000 per'bccurrence", <br />b. Under Section V —Definitions, the following definition is added: <br />'Customers' Goods" means goods of your customer on your premises for the purpose of being: <br />1. Repaired; or <br />2. Used in your manufacturing process. <br />c. The insurance afforded by this provision Is excess over any other valid and collectible property insurance <br />(including any deductible) available to the insured whether such insurance is primary, excess, contingent <br />or on any other basis. Any payments by us will follow the Other Insurance — Excess provisions in the <br />COMMERCIAL GENERAL LIABILITY CONDITIONS. <br />8. COVERAGE TERRITORY -WORLDWIDE <br />The definition of `t;ovemge territory" is replaced by the following; <br />'Coverage t®mHory'means anywhere provided the insured's responsill to pay damages must be <br />determined in a settlement we agree to or Ina ";uil the merits brought within the United States of <br />America (including its territories and possessions), Puerto Rico or Canada. <br />9. DUTIES IN THE EVENT OF OCCURRENCE, OFFENSE, CLAIM OR SUIT <br />Section IV • Duties In The Event Of Occurrence, Claim or Suit is amended by adding the following <br />paragraphs: <br />a. The requirements that you must 6�a <br />yae'� <br />1. notify us ofan'ticcurrence"offense, claim or'buil"and \e <br />2. send us documents conceming a claim or'll �g <br />appy only when such "accident" claim, 'buil' or `loss" is known to: <br />1. You, if you are an individual; <br />2. A partner, if you are a partnership; G5 W <br />3. An executive officer of the corporation or insurance manager, if you a a corpor <br />4. A manager, if you are a limited liability company. <br />b. The requirement that you must notify us as soon as practicable of an'bccumence"or an offense that may <br />result in a claim does not apply'if you report an'ioccurrence"to your workers compensation insurer which <br />later develops into a liability claim for which coverage is provided by this policy. However, as soon as you <br />have definNe knowledge that the particular 'occurrence" is a liability claim rather than a workers <br />compensation claim, you must comply with the Duties In The Event Of Occurrence, Offense, Claim Or <br />Suit Condition. <br />VCG 20711 13 Includes copyrighted material of Insurance SeMces Office, Inc. Page 4 of 8 <br />Copyright, Oneaeacon Insurance Group LLC <br />
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