Laserfiche WebLink
Hanover <br />insurance Group. <br />OB39898815 1001051 <br />(it) The cost to tear out <br />made or offered a refund. <br />and replace any <br />(b) Jurisdictional Inspections. If any <br />Covered Property as <br />property that is "covered <br />needed to gain access <br />equipment" under this Additional <br />to the "mold" and <br />Coverage requires Inspection to <br />(iii) The cost of testing <br />comply with state or municipal <br />performed after <br />boiler and pressure vessel <br />removal, repair, <br />regulations, we agree to perform <br />replacement or <br />such inspection on your behalf, <br />restoration of the <br />We do not warrant that conditions <br />damaged property is <br />are safe or healthful. <br />completed, provided <br />(c) Environmental, Safety and <br />there is a reason to <br />Efficiency Improvements. If <br />believe that "mold" is <br />"covered equipment" requires <br />present, <br />replacement due to an <br />3) The most we will pay for loss, <br />"accident ", we will pay your <br />damage or expense under this <br />additional cost to replace with <br />coverage, including actual loss <br />equipment that is better for the <br />of Business Income you sustain <br />environment, safer or more <br />and necessary Extra Expense <br />efficient than the equipment <br />you incur, is $15,000. Regardless <br />being replaced. However, we will <br />of the number of claims, this <br />not pay more than 125/0 of what <br />limit is the most we will pay for <br />the cost would have been to <br />the total of all loss, damage or <br />repair or replace with like kind <br />expense arising out of all <br />and quality. This condition does <br />"accidents" that take place <br />not increase any of the applicable <br />within the 12 -month period <br />limits. This condition does not <br />(starting with the beginning of <br />apply to any property to which <br />the present annual policy <br />Actual Cash Value applies. <br />period). With respect to a <br />(4) Special Equipment Breakdown <br />particular "accident" that results <br />Exclusion <br />in "mold ", we will not pay for <br />a) We will not pay for loss, damage <br />more than a total of $15,000 <br />or expense caused by or resulting <br />even if the "mold" continues to <br />from: <br />be present or active, or recurs, <br />in a later policy period. <br />1) Any defect, programming <br />error, programming limitation, <br />(3) Conditions <br />"computer virus ", malicious <br />(a) Suspension. When any "covered <br />code, loss of "data records ", <br />equipment" is found to be in, or <br />loss of use, loss of <br />exposed to, a dangerous <br />functionality or other condition <br />condition, any of our <br />within or involving "data <br />representatives may immediately <br />records" or "electronic data" <br />suspend the insurance against <br />of any kind. But if an <br />loss from an "accident" to that <br />"accident" results, we will pay <br />"covered equipment". We can do <br />for that resulting loss, damage <br />this by mailing or delivering a <br />or expense; <br />written notice of suspension to <br />2) Any of.the following tests: <br />your address as shown in the <br />(i) A hydrostatic, <br />Declarations, or at the address <br />pneumatic <br />where the equipment is located. <br />or gas pressure test of <br />Once suspended in this way, your <br />any boiler or pressure <br />Insurance can be reinstated only <br />vessel; or <br />by an endorsement for that <br />(ii) An insulation breakdown <br />"covered equipment". If we <br />test of any type of <br />suspend your insurance, you will <br />electrical equipment, <br />get a pro rata refund of premium <br />3) Loss caused by your failure to <br />for that covered equipment ". <br />use due diligence and <br />But the suspension will be <br />dispatch all reasonable means <br />effective even if we have not yet <br />391 - 1003 06 09 Includes copyrighted material <br />of Insurance Services Page 21 of 66 <br />Office, Inc. with its <br />permission <br />17,965 <br />