Laserfiche WebLink
CNA PARAMOUNT <br />Contractors' General Liability Extension Endorsement <br />If the Named Insured has agreed in writing in a contract or agreement that this insurance is primary and non- <br />contributory relative to an additional insureds own inourenon, then this insurance is phmary, and the Insurer will not <br />seek contribution from that other insurance. For the purpose of this Provision 2, the additional inommd'e own <br />insurance means insurance on which the additional insured is a named insured. Othemviue, and notwithstanding <br />anything tothe contrary elsewhere in this Condition, the insurance provided to such person or organization is excess <br />ofany other insurance available tosuch person qrorganization. <br />3. BODILY INJURY — EXPANDED DEFINITION <br />following. - <br />Bodily injury means physical injury, sickness or disease sustained by a person, including death, humi|iadon, shook, <br />mental anguish or mental injury sustained by that person at any time which results as a consequence of the physical <br />injury, sickness ordisease. <br />4. BROAD KNOWLEDGE C]FOCCURRENCE/ NOTICE OF OCCURRENCE <br />Under CONDITIONS, the condition entitled Duties inThe Event ofOccurrence, Offense, Claim or Suit is amended <br />to add the following provisions: <br />A. BROAD KNOWLEDGE OF OCCURRENCE <br />The Named Insured must give the Insurer or the Insurer's authorized representative notice of an mcourrmnce, <br />offense orclaim only when the mocunenue, offense or claim is known to a natural person Named |nsured, to o <br />portner, executive ofOoer, manager or member of Named |nsuned, or an employee designated by any of the <br />above togive such notice. <br />B. NOTICE OF OCCURRENCE <br />The Named |nsured\a rights under this Coverage Part will not be prejudiced if the Named Insured fails to give <br />the Insurer notice of an oucurnenme, offense or claim and that failure is eo|mk/ due to the Named |msunad's <br />reasonable belief that the bodily injury or property damage is not covered under this Coverage Part. However. <br />the Named Insured shall give written notice of such occurrence, offense or claim to the Insurer as soon as the <br />Named Insured is aware that this insurance may apply to such occurrence, offense or claim. <br />5. BROAD NAMED INSURED <br />WHO IS AN INSURED is amended to delete its Paragraph 3. in its entirety and replace it with the following: <br />3. Pursuant to the limitations described in Paragraph 4` b*|mm, any organization in which e Named Insured has <br />management control: <br />m. onthe effective date ofthis Coverage Part; or <br />b. by reason of a Named Insured creating or acquiring the organization during the policy period, <br />qualifies as a Named |naured, provided that there is no other similar liability inouroone, whether primary. <br />contributory, *xcamm, contingent or othemvioe, which provides coverage to such or0anizotion, or which would have <br />provided coverage but for the exhaustion of its |imit, and without regard to whether its coverage is broader or <br />narrower than that provided bythis insurance. <br />But this BROAD NAMED INSURED provision does not apply to: <br />(a) any partnership, limited liability company or joint venture-, or <br />(b) any organization for which coverage isexcluded byanother endorsement attached to this Coverage Part. <br />For the purpose ofthis provision, management control means: <br />A. owning interests representing more than 5096 of the voting, appointment or designation power for the <br />selection of majority ofthe Board of Directors ofacorporation; or <br />B. having the right, pursuant touwritten trust agreement, to protect, control the use of, encumber or transfer <br />sell property held by a trust. <br />CONTINENTAL CASUALTY COMPANY EffectiveV' <br />Insured Name: ALDRIDGE ELECTRIC, INC. <br />Copyright owAAll Rights Reserved. Includes copyrighted material of Insurance Services Office, Inc., with its permission. <br />