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CNA Business Auto Policy
<br /> Policy
<br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
<br /> This endorsement modifies insurance provided under the following:
<br /> BUSINESS AUTO COVERAGE FORM
<br /> I. LIABILITY COVERAGE
<br /> A. Who Is An Insured
<br /> The following is added to Section II, Paragraph A.1., Who Is An Insured:
<br /> 1. a. Any incorporated entity of which the Named Insured owns a majority of the voting stock on the
<br /> date of inception of this Coverage Form; provided that,
<br /> b. The insurance afforded by this provision A.1. does not apply to any such entity that is an
<br /> insured under any other liability "policy" providing auto coverage.
<br /> 2. Any organization you newly acquire or form, other than a limited liability company, partnership or
<br /> joint venture, and over which you maintain majority ownership interest.
<br /> The insurance afforded by this provision A.2.:
<br /> a. Is effective on the acquisition or formation date, and is afforded only until the end of the policy
<br /> period of this Coverage Form, or the next anniversary of its inception date, whichever is earlier.
<br /> b. Does not apply to:
<br /> (1) Bodily injury or property damage caused by an accident that occurred before you acquired or
<br /> formed the organization; or
<br /> (2) Any such organization that is an insured under any other liability "policy" providing auto
<br /> coverage.
<br /> 3. Any person or organization that you are required by a written contract to name as an additional
<br /> insured is an insured but only with respect to their legal liability for acts or omissions of a person,
<br /> who qualifies as an insured under SECTION II — WHO IS AN INSURED and for whom Liability
<br /> Coverage is afforded under this policy. If required by written contract, this insurance will be primary
<br /> and non-contributory to insurance on which the additional insured is a Named Insured.
<br /> 4. An employee of yours is an insured while operating an auto hired or rented under a contract or
<br /> agreement in that employee's name, with your permission, while performing duties related to the
<br /> conduct of your business.
<br /> "Policy", as used in this provision A. Who Is An Insured, includes those policies that were in force on
<br /> the inception date of this Coverage Form but:
<br /> 1. Which are no longer in force; or
<br /> 2. Whose limits have been exhausted.
<br /> B. Bail Bonds and Loss of Earnings
<br /> Section II, Paragraphs A.2. (2) and A.2. (4) are revised as follows:
<br /> 1. In a.(2), the limit for the cost of bail bonds is changed from $2,000 to $5,000; and
<br /> 2. In a.(4), the limit for the loss of earnings is changed from $250 to $500 a day.
<br /> Form No: CNA63359XX (04-2012) Policy No:BUA 70925473-67 1
<br /> Endorsement Effective Date: Endorsement Expiration Date: Policy Effective Date:08/01/2024
<br /> Endorsement No: 13; Page: 1 of 4
<br /> Underwriting Company: American Casualty Company Of Reading,PA 151 N Franklin St, Chicago, IL
<br /> 60606
<br /> [APPROVED
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