LAPTOPSANYTIME (JAVA CONNECTIONS, LLC) (2)

Home Browse Search

network to the described premises, such as: (1) Communication transmission lines, including optic fiber transmission lines; (ii) Coaxial cables; and (iii) Microwave radio relays except satellites. (c) Power Supply Services, meaning the following types of property supplying electricity, steam or gas to the described premises: (1) Utility generating plants; (ii) Switching stations; (iii) Substations; (iv) Transformers; and (v) Transmission lines. (4) Services under this Additional Coverage do not include overhead transmission lines that deliver utility services to you. Overhead transmission lines include, but are not limited to: (a) Overhead transmission and distribution lines; (b) Overhead transformers and similar equipment; and (c) Supporting poles and towers. (5) As used in this additional coverage, the term transmission lines includes all lines which serve to transmit communication service or power, including lines which may be identified as distribution lines. (6) This coverage is not an additional amount of insurance. (7) Coverage under this Additional Coverage for loss or damage to Covered Property does not apply to loss or damage to "electronic data", including destruction or corruption of "electronic data". (8) The definitions of Business Income and Extra Expense contained in the Business Income and Extra Expense Additional Coverages also apply to this Utility Services Additional Coverage. cc. Deferred Payments (1) We will pay for your interest in lost or damaged Business Personal Property sold by you under a conditional sale or �,e Hanover Insurance Group- ODFD785344 5701644 trust agreement or any installment or deferred payment plan after delivery to buyers. The loss or damage must be caused by a Covered Cause of Loss. (2) When a total loss to that property occurs, deferred payments are valued on the amount shown on your books as due from the buyer. When a partial loss to that property occurs and the buyer refuses to continue payment, forcing you to repossess, deferred payments are valued as follows: (a) If the realized value of the repossessed property is greater than or equal to the amount shown on your books as due from the buyer, we will make no payment; but (b) If therealized valueof the repossessed property is less than the amount shown on your books as due from the buyer, we will pay the difference. (3) When loss occurs and the buyer continues to pay you, there will be no loss payment. (4) The most we will pay for loss under this Additional Coverage is $5,000 per occurrence. dd. Electronic Vandalism (1) SECTION I - PROPERTY, A. Coverage, 2. Property Not Covered, paragraph o. is deleted. (2) We cover direct physical loss of or damage to covered "computer equipment' at the described premises caused by "electronic vandalism". (3) The most we will pay in any one occurrence under this Additional Coverage is $10,000. The most we pay for all covered losses under this Additional Coverage during each separate 12-month period of this policy is $10,000. (4) Special Electronic Vandalism Exclusions We do not cover: (a) Loss of proprietary use of any "electronic data" or "proprietary programs" that have been copied, scanned, or altered; (b) Loss of or reduction in economic or market value of any "electronic 391-1003 08 16 Includes copyrighted material of Insurance Services Office, Inc., with its permit RleleMann anmtDivulnn REVIEWED & APPRW® BY. A,g�e AmA4 ®' Risk Management SpenAkt