FIREPE, INC. - Laserfiche WebLink

PPB 101 01 22 Contains copyrighted material of Insurance Services Office, Inc. Page 7 of 49 However, Extended Business In- come does not apply to loss of Business Income incurred as a result of unfavorable business conditions caused by the impact of the Covered Cause of Loss in the area where the described prem- ises are located. (b) Loss of Business Income must be caused by direct physical loss or damage at the described prem- ises caused by or resulting from any Covered Cause of Loss. (3) With respect to the coverage provided in this Additional Coverage, suspen- sion means: (a) The partial slowdown or complete cessation of your business active- ities; or (b) That a part or all of the described premises is rendered untenant- able, if coverage for Business Income applies. (4) This Additional Coverage is not subject to the Limits of Insurance of SECTION I – PROPERTY. g. Extra Expense (1) We will pay necessary Extra Expense you incur during the "period of restora- tion" that you would not have incurred if there had been no direct physical loss or damage to property at the described premises. The loss or dam- age must be caused by or result from a Covered Cause of Loss. With re- spect to loss of or damage to personal property in the open or personal property in a vehicle, the described premises include the area within 1,000 feet of the site at which the described premises are located. With respect to the requirements set forth in the preceding paragraph, if you occupy only part of the site at which the described premises are located, your premises means: (a) The portion of the building which you rent, lease or occupy; and (b) Any area within the building or on the site at which the described premises are located, if that area services, or is used to gain access to, the described premises. (2) Extra Expense means expense incurred: (a) To avoid or minimize the suspension of business and to continue "operations": (i) At the described premises; or (ii) At replacement premises or at temporary locations, in- cluding relocation expenses, and costs to equip and operate the replacement or temporary locations. (b) To minimize the suspension of business if you cannot continue "operations". (c) To: (i) Repair or replace any prop- erty; or (ii) Research, replace or restore the lost information on dam- aged "valuable papers and records"; to the extent it reduces the amount of loss that otherwise would have been payable under this Addi- tional Coverage or Additional Coverage f. Business Income. (3) With respect to the coverage provided in this Additional Coverage, suspen- sion means: (a) The partial slowdown or complete cessation of your business activities; or (b) That a part or all of the described premises is rendered untenant- able, if coverage for Business Income applies. (4) We will only pay for Extra Expense that occurs within twelve (12) con- secutive months after the date of direct physical loss or damage. This Additional Coverage is not subject to the Limits of Insurance of SECTION I – PROPERTY. h. Pollutant Clean-up And Removal We will pay your expense to extract "pollut- ants" from land or water at the described premises if the discharge, dispersal, seep- age, migration, release or escape of the "pollutants" is caused by or results from a Exhibit B Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5