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Last modified
7/29/2024 2:39:18 PM
Creation date
7/29/2024 2:37:34 PM
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Contracts
Company Name
LAPTOPSANYTIME (JAVA CONNECTIONS, LLC)
Contract #
A-2024-092
Agency
Library
Council Approval Date
7/1/2023
Expiration Date
9/30/2026
Insurance Exp Date
12/15/2024
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(5) The most we will pay for loss in any one <br />occurrence is: <br />(a) $10,000 or the amount shown in the <br />Additional Property Coverage Schedule <br />while: <br />(1) Inside a building at the described <br />premises; or <br />(it) Within a "financial institution" in the <br />Coverage Territory; and <br />(b) $5,000 or the amount shown in the <br />Additional Property Coverage Schedule <br />while outside of a building at the <br />described premises or when away from <br />the described premises in the Coverage <br />Territory. <br />(6) Special Money and Securities Exclusions <br />We will not pay for loss: <br />(a) Resulting from accounting or arithmetic <br />errors or omissions; <br />(b) Resulting from giving or surrendering of <br />property in any exchange or purchase; <br />(c) Of property contained in any <br />money -operated device unless the <br />amount of "money" deposited in it is <br />recorded by a continuous recording <br />instrument in the device; or <br />(d) Loss or damage to "money" and <br />"securities" following and directly <br />related to the use of any computer to <br />fraudulently cause a transfer of that <br />property. <br />Tenant Signs (Tenants only) <br />(1) This Additional Coverage is available only <br />when the Named Insured is a tenant and a <br />Limit of Insurance is shown in the <br />Declarations Page for Business Personal <br />Property. <br />We will pay for direct physical loss of or <br />damage to all signs: <br />(a) Owned by you; or <br />(b) Owned by others but in your care, <br />custody or control; <br />when loss or damage is caused by or <br />resulting from a Covered Cause of Loss. <br />(2) SECTION I - PROPERTY, A. Coverage, 3. <br />Covered Causes of Loss does not apply to <br />this Additional Coverage and SECTION I - <br />PROPERTY, B. Exclusions, paragraph <br />1. does not apply to this Additional <br />Coverage except for the following: <br />(a) c. Government Action; <br />(b) d. Nuclear Hazard; and <br />(c) f. War and Military Action. <br />(3) We will not pay for loss or damage <br />caused by or resulting from: <br />(a) Wear and tear; <br />(b) Hidden or latent defect; <br />(c) Rust; <br />(d) Corrosion; or <br />(a) Mechanical Breakdown, except <br />as <br />provided for in SECTION I <br />- <br />PROPERTY, A. Coverage, <br />5. <br />Additional Coverages, <br />U. <br />Equipment Breakdown. <br />(4) The most we will pay for loss <br />or <br />damage in any one occurrence <br />is <br />$5,000 regardless of the number <br />of <br />locations or buildings involved. <br />u. Equipment Breakdown <br />(1) We will pay for direct physical <br />damage to Covered Property that is <br />the direct result of an "accident' or <br />"electronic circuitry impairment". We <br />will consider "electronic circuitry <br />impairment' to be physical damage <br />to "covered equipment'. <br />(2) The following coverages also apply to <br />the direct result of an "accident' or <br />"electronic circuitry impairment". <br />However, with respect to coverage <br />A.5.u.(2)(h) Utility Services - <br />Equipment Breakdown (Accident) and <br />A.5.m. Business Income from <br />Dependent Properties provided in this <br />coverage form, coverage will apply <br />only to the direct result of an <br />"accident" and will not apply to the <br />direct result of an "electronic circuitry <br />impairment'. These coverages do not <br />provide additional amounts of <br />insurance. <br />(a) Data Restoration <br />We will pay for your reasonable <br />and necessary cost to research, <br />replace and restore lost "data". <br />The most we will pay for loss or <br />expense under this coverage, <br />including actual loss of <br />Business Income you sustain and <br />391-1003 08 16 Includes copyrighted material of Insurance Services Office, Inc., with its permis <br />�?i t <br />Rink Manage nerd DMslmt <br />REVI &APPROV®By. <br />A+� Aewedo <br />�� <br />Risk Management Specialist <br />
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