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  2. Finance Committee - Agenda - 2/17/2021 - P178

Finance Committee - Agenda - 2/17/2021 - P178

By dnadmin on Mon, 11/07/2022 - 13:48
Document Date
Fri, 02/12/2021 - 11:32
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/17/2021 - 00:00
Page Number
178
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__021720…

Page 4 of 5

(4) Necessary for the normal
operation of the covered "auto"
or the monitering of the covered
“auto's” operating system.

b. SECTION III — Version CA 00 01 03 10 of
the Business Auto Coverage Form,
PHYSICAL DAMAGE COVERAGE, Limit of
Insurance, Paragraph C.2 and Version CA
00 01 10 01 of the Business Auto Coverage
Form, PHYSICAL DAMAGE COVERAGE,
Limit of Insurance, Paragraph C, are each
amended to add the following:

$1,500 is the most we will pay for “loss”
in any one "accident" to all electronic
equipment (other than equipment
designed solely for the reproduction of
sound, and accessories used with such
equipment) that reproduces, receives or
transmits audio, visual or data signals
which, at the time of "loss", is:

(1) Permanently installed in or upon
the covered “auto” in a housing,
opening or other location that is
not normally used by the “auto”
manufacturer for the installation of
such equipment;

{2) Removable from a permanently
installed housing unit as described
in Paragraph 2.a above or is an
integral part of that equipment; or

(3) An integral part of such equipment.

c. For each covered "auto", should loss be
limited to electronic equipment only, our
obligation to pay for, repair, return or replace
damaged or stolen electronic equipment will
be reduced by the applicable deductible
shown in the Declarations, or $250,
whichever deductible is less,

5. TWO OR MORE DEDUCTIBLES

Under - DEDUCTIBLE - of PHYSICAL DAMAGE
COVERAGE, the following is added:

If another Hartford Financial Services Group,
Inc, company policy or coverage form that is not
an automobile policy or coverage form applies to
the same "accident", the following applies:

(1} If the deductible under this Business Auto
Coverage Form is the smaller (or smallest)
deductible, it will be waived:

(2) If the deductible under this Business Auto
Coverage Form is not the smaller (or
smallest} deductible, it will be reduced by
the amount of the smaller (or smallest)
deductible.

10. AMENDED DUTIES

11.

12.

13

14.

IN THE EVENT OF
ACCIDENT, CLAIM, SUIT OR LOSS

The requirement in LOSS CONDITIONS 2.a. -
DUTIES IN THE EVENT OF ACCIDENT,
CLAIM, SUIT OR LOSS - of SECTION IV -
BUSINESS AUTO CONDITIONS that you must
notify us of an “accident” applies only when the
“accident” is known to:

(1) You, if you are an individual

(2) A partner, if you are a partnership; or

(3) A member, if you are a limited liability
company; or

(4) An executive officer or insurance manager, if
you are a corporation.

UNINTENTIONAL FAILURE TO DISCLOSE
HAZARDS

If you unintentionally fail to disclose any hazards
existing at the inception date of your policy, we
will not deny coverage under this Coverage
Form because of such failure.

HIRED AUTO - COVERAGE TERRITORY

Paragraph e. of GENERAL CONDITIONS 7. -
POLICY PERIOD, COVERAGE TERRITORY -
of SECTION [¥ - BUSINESS AUTO
CONDITIONS is replaced by the following:

e. For short-term hired “autos”, the coverage
territory with respect to Liability Coverage is
anywhere in the world provided that if the
insured's responsibility to pay damages for
“bodily injury" or "property damage" is
determined in a “suit,” the “suit” is brought in
the United States of America, the territories
and possessions of the United States of
America, Puerto Rico or Canada or in a
setttement we agree to,

WAIVER OF SUBROGATION

TRANSFER OF RIGHTS OF RECOVERY
AGAINST OTHERS TO US - of SECTION IV -
BUSINESS AUTO CONDITIONS is amended by
adding the following:

We waive any right of recovery we may have
against any person or organization with whom
you have a written contract that requires such
waiver because of payments we make for
damages under this Coverage Form,

RESULTANT MENTAL ANGUISH COVERAGE

The definition of "bodily injury" in SECTION V -
DEFINITIONS is replaced by the following:
"Bodily injury" means bodily injury, sickness or
disease sustained by any person, including
mental anguish or death resulting from any of
these,

© 2010, The Hartford (Includes copyrighted material

of ISO Properties, Inc., with its permission.}

Form HD 99 02 09 12

Page Image
Finance Committee - Agenda - 2/17/2021 - P178

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