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PPB 101 01 22 Contains copyrighted material of Insurance Services Office, Inc. Page 2 of 49
<br />(4) Leased personal property which you have
<br />a contractual responsibility to insure,
<br />unless otherwise provided for under
<br />Paragraph 1.b.(2); and
<br />(5) Exterior building glass, if you are a tenant
<br />and no Limit of Insurance is shown in the
<br />Declarations for Building property. The
<br />glass must be owned by you or in your
<br />care, custody or control ;
<br />2. Property Not Covered
<br />Covered Property does not include:
<br />a. Aircraft, automobiles, motortrucks and other
<br />vehicles subject to motor vehicle registration;
<br />b. "Money" or "securities" except as provided in
<br />the:
<br />(1) Money And Securities Optional Coverage;
<br />or
<br />(2) Employee Dishonesty Optional Coverage;
<br />c. Contraband, or property in the course of illegal
<br />transportation or trade;
<br />d. Land (including land on which the property is
<br />located), water, growing crops;
<br />e. Outdoor radio or television antennas (including
<br />satellite dishes) and their lead-in wiring, masts
<br />or towers, signs (other than signs attached to
<br />buildings), trees, shrubs or plants, and lawns,
<br />all except as provided in the Outdoor Property
<br />Coverage Extension.
<br />f. Watercraft (including motors, equipment and
<br />accessories) while afloat;
<br />g. Accounts, bills, food stamps, other evidences
<br />of debt, accounts receivable or "valuable
<br />papers and records"; except as otherwise
<br />provided in this policy;
<br />h. "Computer(s)" which are permanently installed
<br />or designed to be permanently installed in any
<br />aircraft, watercraft, motortruck or other vehicle
<br />subject to motor vehicle registration. This
<br />paragraph does not apply to "computer(s)"
<br />while held as "stock";
<br />i. "Electronic data", except as provided under
<br />Additional Coverages – Electronic Data. This
<br />Paragraph i. does not apply to your "stock" of
<br />prepackaged software.
<br />j. Animals, unless owned by others and boarded
<br />by you, or if owned by you, only as "stock"
<br />while inside of buildings.
<br />3. Covered Causes Of Loss
<br />Risks of direct physical loss unless the loss is:
<br />a. Excluded in Paragraph B. Exclusions in
<br />Section I; or
<br />b. Limited in Paragraph 4. Limitations in Section
<br />I.
<br />4. Limitations
<br />a. We will not pay for loss of or damage to:
<br />(1) Steam boilers, steam pipes, steam en-
<br />gines or steam turbines caused by or
<br />resulting from any condition or event inside
<br />such equipment. But we will pay for loss of
<br />or damage to such equipment caused by
<br />or resulting from an explosion of gases or
<br />fuel within the furnace of any fired vessel
<br />or within the flues or passages through
<br />which the gases of combustion pass.
<br />(2) Hot water boilers or other water heating
<br />equipment caused by or resulting from any
<br />condition or event inside such boilers or
<br />equipment, other than an explosion.
<br />(3) Property that is missing, where the only
<br />evidence of the loss or damage is a
<br />shortage disclosed on taking inventory, or
<br />other instances where there is no physical
<br />evidence to show what happened to the
<br />property. This limitation does not apply to
<br />the Optional Coverage for Money and
<br />Securities.
<br />(4) Property that has been transferred to a
<br />person or to a place outside the described
<br />premises on the basis of unauthorized
<br />instructions.
<br />(5) The interior of any building or structure
<br />caused by or resulting from rain, snow,
<br />sleet, ice, sand or dust, whether driven by
<br />wind or not, unless:
<br />(a) The building or structure first sustains
<br />damage by a Covered Cause of Loss
<br />to its roof or walls through which the
<br />rain, snow, sleet, ice, sand or dust
<br />enters; or
<br />(b) The loss or damage is caused by or
<br />results from thawing of snow, sleet or
<br />ice on the building or structure.
<br />b. We will not pay for loss of or damage to the
<br />following types of property unless caused by
<br />the "specified causes of loss" or building glass
<br />breakage:
<br />(1) Animals, and then only if they are killed or
<br />their destruction is made necessary.
<br />(2) Fragile articles such as glassware,
<br />statuary, marble, chinaware and porcelain,
<br />if broken. This restriction does not apply to:
<br />(a) Glass that is part of the exterior or inte-
<br />rior of a building or structure;
<br />(b) Containers of property held for sale; or
<br />(c) Photographic or scientific instrument
<br />lenses.
<br />Exhibit B
<br />Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5
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