OVERDRIVE INC. - 2018 - Laserfiche WebLink

Home Browse Search

17. NOTICE OF OCCURRENCE OR OFFENSE Paragraph a. of Condition 2. "Duties In The Event Of Occurrence, Offense, Claim Or Suit` is replaced with the following: b. You, your insurance manager or any other person you designate must see to it that we are notified as soon as practicable of an "occurrence" or an offense which may result in a claim. To the extent possible, notice should include: (1) How, when and where the occurrence" or offense took place; (2) The names and addresses of any injured persons and witnesses; and (3) The nature and location of any injury or damage arising out of the 'occurrence" or offense. 18, EARLIER NOTICE OF CANCELLATION PROVIDED BY US For any statutorily permitted reason other than nonpayment of premium, the number of days required for notice of cancellation, as provided in paragraph 2. of either the CANCELLATION Common Policy Condition or as amended by an applicable state cancellation endorsement, will be the greater of: 1. The minimum number of days stated by the statute; or 2. 90 days. 19. CRISIS MANAGEMENT — CERTIFIED ACTS OF TERRORISM a. If you purchased "certified act of terrorism" coverage under this Coverage Part, we will reimburse you for "crisis management expenses" incurred by you because of a "crisis event' to which this insurance applies. The amount of such reimbursement is limited as described in Paragraph d. below. No other obligation or liability to pay sums or perform acts or services is covered. b. This insurance applies to a "crisis event" only if The "bodily injury" or "property damage" is caused by a "certified act of terrorism" that takes place in the "coverage territory" during the policy period. c. We will reimburse "crisis management expenses" only if: (1) The expenses are incurred within one year of the date the 'certified act of terrorism" took place; and (2) The expenses are reported to us within one year of the date the expenses were incurred. d. The Aggregate Limit and the rules below fix the most we will pay regardless of the number of: (1) Insureds; (2) "Certified act of terrorism"; or (3) "Crisis events". The Aggregate Limit of $100,000 is the most we will reimburse you for the sum of all 'crisis management expenses" incurred for all " crisis events" occurring during the policy period. e. The following additional definitions i4 AIIRPRO ECbment supersede any similar definitions in the policy, By Risk MANAGEMENT Division (1) "Crisis event" means an emergency siWatip bicq�resufts in significant adverse regional or national media coverage about you JUIV LULU GL9 04 01107 16 ®Tokio Page 6 of 7 Includes copyrighted material of Insuran�tHfji6 �£, Inc., with its permission Inuf dC py