|
,QFOXGHVFRS\ULJKWHGPDWHULDORI,QVXUDQFH6HUYLFHV2IILFH,QFZLWKLWVSHUPLVVLRQ3DJHRI
<br />E ([FHVV,QVXUDQFH
<br /> 7KLVLQVXUDQFHLVH[FHVVRYHUDQ\RIWKH
<br />RWKHULQVXUDQFHZKHWKHUSULPDU\H[FHVV
<br />FRQWLQJHQWRURQDQ\RWKHUEDVLV
<br /> D 7KDW LV )LUH ([WHQGHG &RYHUDJH
<br />%XLOGHU<br />V 5LVN ,QVWDOODWLRQ 5LVN RU
<br />VLPLODUFRYHUDJHIRU\RXUZRUN
<br /> E 7KDW LV )LUH LQVXUDQFH IRU SUHPLVHV
<br />UHQWHG WR WKH $GGLWLRQDO ,QVXUHG RU
<br />WHPSRUDULO\RFFXSLHGE\WKH$GGLWLRQDO
<br />,QVXUHGZLWKSHUPLVVLRQRIWKHRZQHU
<br /> F 7KDW LV LQVXUDQFH SXUFKDVHG E\ WKH
<br />$GGLWLRQDO ,QVXUHG WR FRYHU WKH
<br />Additional Insured$s liability as a
<br />WHQDQW IRU SURSHUW\ GDPDJH WR
<br />SUHPLVHV UHQWHG WR WKH $GGLWLRQDO
<br />,QVXUHGRUWHPSRUDULO\RFFXSLHGE\WKH
<br />$GGLWLRQDO ZLWK SHUPLVVLRQ RI WKH
<br />RZQHU RU
<br /> G ,I WKH ORVV DULVHV RXW RI WKH
<br />PDLQWHQDQFHRUXVHRIDLUFUDIWDXWRV
<br />RUZDWHUFUDIWWRWKHH[WHQWQRWVXEMHFW
<br />WR ([FOXVLRQJRI6(&7,21 ,•
<br />&29(5$*($•%2',/< ,185<
<br />$1' 3523(57< '$0$*(
<br />/,$%,/,7<
<br /> :KHQ WKLV LQVXUDQFH LV H[FHVV ZH ZLOO
<br />KDYHQRGXW\XQGHU&RYHUDJHV$RU%WR
<br />GHIHQGWKHLQVXUHGDJDLQVWDQ\VXLWLIDQ\
<br />RWKHU LQVXUHU KDV D GXW\ WR GHIHQG WKH
<br />LQVXUHG DJDLQVW WKDW VXLW ,I QR RWKHU
<br />LQVXUHU GHIHQGV ZH ZLOO XQGHUWDNH WR GR
<br />VREXWZHZLOOEHHQWLWOHGWRWKHLQVXUHG<br />V
<br />ULJKWVDJDLQVWDOOWKRVHRWKHULQVXUHUV
<br /> :KHQWKLVLQVXUDQFHLVH[FHVVRYHURWKHU
<br />,QVXUDQFH ZH ZLOO SD\ RQO\ RXU VKDUH RI
<br />WKH DPRXQW RI WKH ORVV LI DQ\ WKDW
<br />H[FHHGVWKHVXPRI
<br /> D 7KH WRWDO DPRXQW WKDW DOO VXFK RWKHU
<br />LQVXUDQFHZRXOGSD\IRUWKHORVVLQWKH
<br />DEVHQFHRIWKLVLQVXUDQFH DQG
<br /> E 7KH WRWDO RI DOO GHGXFWLEOH DQG VHOI
<br />LQVXUHG DPRXQWV XQGHU DOO WKDW RWKHU
<br />LQVXUDQFH
<br />:HZLOOVKDUH WKHUHPDLQLQJORVVLIDQ\
<br />ZLWK DQ\ RWKHU LQVXUDQFH WKDW LV QRW
<br />GHVFULEHG LQ WKLV ([FHVV ,QVXUDQFH
<br />SURYLVLRQDQGZDVQRWERXJKWVSHFLILFDOO\
<br />WR DSSO\ LQ H[FHVV RI WKH /LPLWV RI
<br />,QVXUDQFH VKRZQ LQ WKH 'HFODUDWLRQV RI
<br />WKLV&RYHUDJH3DUW
<br />F 0HWKRG2I6KDULQJ
<br />,I DOO RI WKH RWKHU LQVXUDQFH SHUPLWV
<br />FRQWULEXWLRQE\HTXDOVKDUHVZHZLOOIROORZWKLV
<br />PHWKRG DOVR 8QGHU WKLV DSSURDFK HDFK
<br />LQVXUHUFRQWULEXWHVHTXDODPRXQWVXQWLOLWKDV
<br />SDLGLWVDSSOLFDEOHOLPLWRILQVXUDQFHRUQRQHRI
<br />WKHORVVUHPDLQVZKLFKHYHUFRPHVILUVW,IDQ\
<br />RI WKH RWKHU LQVXUDQFH GRHV QRW SHUPLW
<br />FRQWULEXWLRQE\HTXDOVKDUHVZHZLOOFRQWULEXWH
<br />E\ OLPLWV 8QGHU WKLV PHWKRG HDFK LQVXUHU<br />V
<br />VKDUH LV EDVHG RQ WKH UDWLR RI LWV DSSOLFDEOH
<br />OLPLWRILQVXUDQFHWRWKHWRWDODSSOLFDEOHOLPLWV
<br />RILQVXUDQFHRIDOOLQVXUHUV
<br /> %ODQNHW:DLYHURI6XEURJDWLRQ
<br />7KH IROORZLQJ LV DGGHG WR 6(&7,21,9
<br />&200(5&,$/ *(1(5$/ /,$%,/,7<
<br />&21',7,2163DUDJUDSK7UDQVIHU2I5LJKWV
<br />2I5HFRYHU\$JDLQVW2WKHUV7R8V
<br />:H ZDLYH DQ\ ULJKW RI UHFRYHU\ ZH PD\ KDYH
<br />DJDLQVWDQ\SHUVRQRURUJDQL]DWLRQZLWKZKRP\RX
<br />KDYHDZULWWHQFRQWUDFWWKDWUHTXLUHVVXFKZDLYHU
<br />EHFDXVHRISD\PHQWVZHPDNHIRUGDPDJHXQGHU
<br />WKLVFRYHUDJHIRUP7KHGDPDJHPXVWDULVHRXWRI
<br />\RXU DFWLYLWLHV XQGHU D ZULWWHQ FRQWUDFW ZLWK WKDW
<br />SHUVRQRURUJDQL]DWLRQ7KLVZDLYHUDSSOLHVRQO\WR
<br />WKH H[WHQW WKDW VXEURJDWLRQ LV ZDLYHG XQGHU D
<br />ZULWWHQFRQWUDFt executed prior to the !occurrence"
<br />RURIIHQVHJLYLQJULVHWRVXFKSD\PHQWV
<br /> %RGLO\,QMXU\5HGHILQHG
<br />6(&7,219 '(),1,7,216'HILQLWLRQ!bodily
<br />injury" is replaced E\WKHIROORZLQJ
<br />!Bodily injury" means ERGLO\LQMXU\VLFNQHVVRU
<br />GLVHDVHVXVWDLQHGE\DSHUVRQLQFOXGLQJGHDWK
<br />UHVXOWLQJIURPDQ\RIWKHVHDWDQ\WLPH!Bodily
<br />injury" LQFOXGHV PHQWDO DQJXLVK RU RWKHU
<br />PHQWDOLQMXU\UHVXOWLQJIURP!bodily injury".
<br /> %URDG )RUP 3URSHUW\ 'DPDJH %RUURZHG
<br />(TXLSPHQW &XVWRPHUV *RRGV 8VH RI
<br />(OHYDWRUV
<br />D6(&7,21, &29(5$*(6&29(5$*($
<br />%2',/,< ,1-85< $1' 3523(57<
<br />'$0$*( /,$%,/,7< 3DUDJUDSK
<br />([FOXVLRQVVXESDUDJUDSKM LV DPHQGHG DV
<br />IROORZV
<br />3DUDJUDSK GRHV QRW DSSO\ WR SURSHUW\
<br />GDPDJH WR ERUURZHG HTXLSPHQW ZKLOH DW D
<br />MREVLWH DQG QRW EHLQJ XVHG WR SHUIRUP
<br />RSHUDWLRQV
<br />3DUDJUDSKV DQG GR QRW DSSO\ WR
<br />SURSHUW\GDPDJHWRFXVWRPHUVJRRGVZKLOH
<br />RQ\RXUSUHPLVHVQRUGRWKH\DSSO\WRWKHXVH
<br />RIHOHYDWRUVDWSUHPLVHV\RXRZQUHQWOHDVH
<br />RURFFXS\
<br />E 7KH IROORZLQJ LV DGGHG WR6(&7,21 9
<br />'(),17,216
<br />&XVWRPHUV JRRGV PHDQV SURSHUW\ RI
<br />\RXU FXVWRPHU RQ \RXU SUHPLVHV IRU WKH
<br />SXUSRVHRIEHLQJ
<br />=+) Docusign Envelope ID: 2C7F57A9-75CA-4282-BDCB-F0A266501D90
|