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SECTRAN SECUITY INC.
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SECTRAN SECUITY INC.
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Last modified
10/9/2020 11:05:32 AM
Creation date
10/9/2020 11:03:24 AM
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Contracts
Company Name
SECTRAN SECUITY INC.
Contract #
N-2020-168
Agency
Finance & Management Services
Expiration Date
6/30/2022
Insurance Exp Date
11/22/2020
Destruction Year
2027
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PI-GLD-SG (10/13) <br />D. Supplementary Payments <br />In the SUPPLEMENTARY PAYMENTS — COVERAGES A AND B provision, Items 1.b. and 1.d. are <br />amended as follows: <br />1. The limit for the cost of bail bonds is changed from $250 to $2,500; and <br />2. The limit for loss of earnings is changed from $250 a day to $500 a day. <br />E. Employee Indemnification Defense Coverage <br />In the SUPPLEMENTARY PAYMENTS — COVERAGES A AND B provision, the following is added: <br />We will pay, on your behalf, defense costs incurred by an "employee" in a criminal proceeding. <br />The most we will pay for any "employee" who is alleged to be directly involved in a criminal <br />proceeding is $15,000 regardless of the numbers of "employees," claims or "suits" brought or persons <br />or organizations making claims or bringing "suits." <br />F. Who is an Insured <br />SECTION II —WHO IS AN INSURED is amended as follows: <br />1. If coverage for newly acquired or formed organizations is not otherwise excluded from this <br />Coverage Part, Paragraph 3.a. is changed to read: <br />a. Coverage under this provision is afforded until the end of the policy period; <br />2. Each of the following is also an insured: <br />a. Broadened Named Insured — Any organization and subsidiary thereof which you control and <br />actively manage on the effective date of this Coverage Part. However, coverage does not <br />apply to any organization or subsidiary not named in the Declarations as Named Insured, if <br />they are also insured under another similar policy, but for its termination or the exhaustion of <br />its limits of insurance. <br />b. Managers and Supervisors — If you are an organization other than a partnership or joint <br />venture, your managers and supervisors are also insureds, but only with respect to their <br />duties as your managers and supervisors. <br />c. Managers, Landlords, or Lessors of Premises —Any person or organization with respect <br />to their liability arising out of the ownership, maintenance or use of that part of the premises <br />leased or rented to you subject to the following additional exclusions: <br />This insurance does not apply to: <br />(1) Any "occurrence" which takes place after you cease to be a tenant in that <br />premises; or <br />(2) Structural alterations, new construction or demolition operations performed by or on <br />behalf of that person or organization. REVIEWED & APPROVED <br />By Risk MANAGEMENT DhMON <br />Page 3 of 10 <br />© 2013 Philadelphia Indemnity Insurance Company <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br />
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