FERGUSON GROUP 2 - 2004 - Laserfiche WebLink

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FE-.6610 POLICY ENDORSEMENT (Business) SECTION I PROPERTY COVERAGES Under Coverage B - BUSINESS PERSONAL PROPERTY, items 1., and 2. are replaced by the following: 1. property, used in your business, that you own, lease from others or rent from oth- ers, or that is loaned to you; 2. property of others that is in your care, custody or control, unless provided for in item 1., immediately above; and SECTION I EXTENSIONS OF COVERAGE The Property Off Premises Extension of Cover- age is replaced by the following: Property Off Premises. We will pay up to $15,000 in anyone occurrence, as an addi- tional amount of insurance, for any accidental direct physical loss to covered property while temporarily located at another premises in the United States of America, Puerto Rico and Canada caused by an insured loss. If the covered property is located at another premises you own, lease, operate, or regularly use, the insurance provided under this exten- sion applies only for a period of 90 days. This Extension of Coverage does not apply to: a. personal effects owned by you, your offic- ers, your partners or your employees; or b. personal property of others that must be restored, repaired or replaced because your work was incorrectly performed on it. The Other Insurance Condition contained in the Section I and Section II Common Condi- tions does not apply to property of others in your care, custody or control covered under this Extension of Coverage. The insurance provided for property of others in your care, custody or control under this Extension of Coverage is primary and does not contribute + (CONTINUED) with any other insurance. We will decide if our payment for loss to property of others in your care, custody or control under this extension will be made to you or to the owner of the property. This Extension of Coverage does not apply to covered property while in transit. The Property in Transit Extension of Coverage is replaced by the following: Property in Transit. We will pay up to $15,000 in anyone occurrence, as an addi- tional amount of insurance, for any accidental direct physical loss to covered property while in transit more than 100 feet from the described premises, caused by any insured loss, flood, earthquake, volcanic eruption, landslide or collision (except contact with the roadbed), derailment, overturn or upset of a transporting conveyance. This Extension of Coverage does not apply to: a. personal effects owned by you, your offic- ers, your partners or your employees; or b. personal property of others that must be restored, repaired or replaced because your work was incorrectly performed on it. The Other Insurance Condition contained in the Section I and Section II Common Condi- tions does not apply to property of others in your care, custody or control covered under this Extension of Coverage. The insurance provided for property of others in your care, custody or control under this Extension of Coverage is primary and does not contribute with any other insurance. We will decide if our payment for loss to property of others in your care, custody or control under this extension will be made to you or to the owner of the property. SECTION I OPTIONAL COVERAGES OPTION MB - Mechanical Breakdown is deleted.