FIREPE, INC. (2) - Laserfiche WebLink

PPB 318 02 15 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 3 of 4 (b) misalignment, miscalibration, trip- ping off-line, or any condition which can be corrected by resetting, tightening, adjusting or cleaning, or by the performance of maintenance. However, if an “accident” results, we will pay for the resulting loss, damage or expense caused by that “accident.” b. With respect to Service Interruption cover- age, we will also not pay for an “accident” caused by or resulting from: fire; lightning; windstorm or hail; explosion (except as specifically provided in A.1.c. above); smoke; aircraft or vehicles; riot or civil commotion; vandalism; sprinkler leakage; falling objects; weight of snow, ice or sleet; freezing; collapse; flood or earth movement. c. With respect to Business Income, Extra Expense and Service Interruption cover- ages, we will also not pay for any increase in loss resulting from an agreement between you and your customer or supplier. d. We will not pay for any loss or damage to animals. C. CONDITIONS The following conditions are in addition to the Conditions in the Businessowners Coverage Form. 1. Suspension Whenever “covered equipment” is found to be in, or exposed to, a dangerous condition, any of our representatives may immediately suspend the insurance against loss from an “accident” to that “covered equipment.” This can be done by mailing or delivering a written notice of suspension to: a. your last known address; or b. the address where the “covered equipment” is located. Once suspended in this way, your insurance can be reinstated only by an endorsement for that “covered equipment.” If we suspend your insurance, you will get a pro rata refund of premium for that “covered equipment” for the period of suspension. But the suspension will be effective even if we have not yet made or offered a refund. 2. Jurisdictional Inspections If any property that is “covered equipment” under this endorsement requires inspection to comply with state or municipal boiler and pres- sure vessel regulations, we agree to perform such inspection on your behalf. We do not warrant that conditions are safe or healthful. 3. Environmental, Safety and Efficiency Improvements If “covered equipment” requires replacement due to an “accident,” we will pay your additional cost to replace with equipment that is better for the environment, safer or more efficient than the equipment being replaced. However, we will not pay more than one hundred twenty-five percent (125%) of what the cost would have been to replace with like kind and quality. This condition does not increase any of the applicable limits. This condition does not apply to any property to which Actual Cash Value applies. D. The following definitions are added: 1. “Covered equipment” a. “Covered equipment” means Covered Property: (1) that generates, transmits or utilizes energy, including electronic communica- tions and data processing equipment; or (2) which, during normal usage, operates under vacuum or pressure, other than the weight of its contents. b. None of the following is “covered equipment”: (1) structure, foundation, cabinet, compart- ment or air supported structure or building; (2) insulating or refractory material; (3) sewer piping, buried vessels or piping, or piping forming a part of a sprinkler or fire suppression system; (4) water piping other than boiler feedwater piping, boiler condensate return piping or water piping forming a part of a refrigerating or air conditioning system; (5) “vehicle” or any equipment mounted on a “vehicle”; (6) satellite, spacecraft or any equipment mounted on a satellite or spacecraft; (7) dragline, excavation or construction equipment; or (8) equipment manufactured by you for sale. 2. “Hazardous substance” means any substance that is hazardous to health or has been declared to be hazardous to health by a governmental agency. Exhibit B Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5