FIRE PE, INC. (3) - Laserfiche WebLink

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Form SP 30 61 10 18 Page 2 of 2 © 2018, The Hartford (May include copyrighted material of Insurance Services Office, Inc., with its permission) (9)We will not pay for any increase of Business Income or Extra Expense loss caused by or resulting from: (a)Delay in rebuilding,repairing or replacing the property or resuming "operations",due to interference at the location of the rebuilding, repair or replacement by strikers or other persons; or (b)Suspension,lapse or cancellation of any license,lease or contract.But if the suspension,lapse or cancellation is directly caused by the suspension of "operations’,we will cover such loss that affects your Business Income during the "transit period of restoration". (c)Any other consequential loss. (10)A waiting period may apply, however, no deductible applies to this Coverage Extension. (11)The most we will pay in any one occurrence under this Coverage Extension is the Limit of Insurance shown in the Declarations for Transit Business Income. B.The following definition is added to Section G.PROPERTY DEFINITIONS: “Transit period of restoration” a.Means the period of time that: (1)Begins: (a)The number of hours shown in the Declarations after the time of direct physical loss or direct physical damage to Covered Property in transit for Business Income coverage under the Transit Business Income Coverage Extension; or (b)Immediately after the time of direct physical loss or direct physical damage to Covered Property in transit for Extra Expense coverage; and (2)Ends on the earlier of: (a)The date when the damaged Covered Property should be repaired,rebuilt or replaced with reasonable speed and similar quality; or (b)Exhaustion of the number of consecutive months as shown on the Declarations as the Transit Business Income Period of Restoration. b.Does not include any increased period required due to enforcement of or compliance with any ordinance or law that: (1)Regulates the construction, use or repair, or requires the tearing down of any property; or (2)Requires any insured or others to test for,clean up,remove,contain,treat,detoxify,or neutralize,or in any way respond to “pollutants and contaminants”. The expiration date of this Coverage Part will not cut short the "transit period of restoration". Docusign Envelope ID: 9DF92A24-B534-85BA-8088-342315DF1839