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  2. Finance Committee - Agenda - 5/6/2020 - P45

Finance Committee - Agenda - 5/6/2020 - P45

By dnadmin on Mon, 11/07/2022 - 13:31
Document Date
Fri, 05/01/2020 - 14:46
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/06/2020 - 00:00
Page Number
45
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__050620…

B. Paragraph 6, under SECTION Ill - LIMITS OF
INSURANCE is deleted in its entirely and
replaced with the following:

8. Subject to Paragraph 5, above, the most we
will pay under COVERAGE A for damages
because of “property damage” to any one
premises, while rented to you, or in the case
of damage caused by fire, lightning or
explosion, while rented te you or temporarily
occupied by you with permission of the
owner, for all such damage caused by fire,
lightning or explosion proximately caused by
the same event, whether such damage
results from fire, lightning or explasion or
any combination of the three, is the amount
shown in the Declarations for the Damage
To Premises Rented To You Limit.

Cc. Paragraph a, of Definition 9. “Insured contract”
under SECTION V - DEFINITIONS is deleted in its
entirety and replaced with the following:

a. A contract for a lease of premises. However,
that portion of the contract for a lease of
premises that indemnifies any person ar
organization for damage by fire, lightning or
explosion to premises while rented to you or
temporarily occupied by you with the per-
mission of the owner is not an “insured
contract";

Electronic Data Liability

4. Exclusion p. Access or Disclosure Of Confiden-
tial Or Personal Information And Data-related
Liability under COVERAGE A BODILY INJURY
AND PROPERTY DAMAGE LIABILITY, 2.
Exclusions is deleted in its entirety and replaced
by the following:

p. Access or Disclosure Of Confidential Or
Personal Information And Data-related
Liability
Damages arising out of:

(1) Any access to or disclosure of any
person’s or organization's contidential
or personal information, including
patents, trade secrets, processing
methods, customer fists, financial infor-
mation, credit card information or any
other type of nonpublic information; or

(2) The loss of, loss of use of, damage to,
corruption of, inability to access, or
inability to manipuiate “electronic data”
that does not result from physical injury
to tangible property.

Copyright, 2018 Selective Insurance Company of America. All rights reserved.
includes copyrighted material of Insurance Services Office, Inc., wiih its permission.

This exclusion applies even if damages are
claimed for notification costs, credii mon-
itoring expenses, forensic expenses, public
relatians expenses or any other loss, cost or
expense incurred by you or others arising
out of that which is described in Paragraph
(1) or (2) above.
B. The following paragraph is added to SECTION Ill

- LIMITS OF INSURANCE:

Subject to 5. above, the mosi we will pay under

COVERAGE A for “property damage” because of

all toss of “electronic data” arising out of any

one “occurrence” is a sub-limit of $100,000.

SECTION I|- COVERAGE C MEDICAL PAYMENTS
EXCLUSIONS
Any Insured Amendment
Exclusion a. Any Insured under COVERAGE C
MEDICAL PAYMENTS, 2. Exclusions is deleted in its
entirety and replaced with the following:
a. Any Insured

To any insured.

This exclusion does not apply to:

(1} “Not-for-profit members";

(2) “Golfing facility” members who are not paid

a fee, salary, or other compensation; or

(3) “Volunteer workers”.
This exclusion exception does not apply if
COVERAGE C MEDICAL PAYMENTS is excluded by
another endorsement to this Coverage Part.
Product Amendment

Exclusion f. Products-Campleted Operations Hazard
under COVERAGE C MEDICAL PAYMENTS, 2.
Exclusions is deleted in its entirety and replaced
with the following:

i. Praducts-Completed Operations Hazard

Included within the “products-completed opera-
tions hazard”.

This exclusion does act apply to “your products”
sold for use or consumption on your premises,
while such products are still on your premises.

This exclusion exception, does not apply if
COVERAGE C MEDICAL PAYMENTS is excluded by
another endorsement to this Coverage Part.

SECTION I[ - SUPPLEMENTARY PAYMENTS -
COVERAGES A AND B

Expenses For Bail Bands And Loss Of Earnings

A. Subparagraph i1.b. under SUPPLEMENTARY

PAYMENTS - COVERAGES A AND B is deleted

in its entirety and replaced with the following:

b. Up to $5,000 for cost of bail bonds required
because of accidents or traffic [aw violations
arising out of the use of any vehicle to which
Badily injury. Liability Coverage applies. We
do not have to furnish these bonds,

CG 73 00 6119
Page 4 of 9

WAS ee

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Finance Committee - Agenda - 5/6/2020 - P45

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