Property Sample Policy PDF

Property Policyholder Notice POLICYHOLDER NOTICE - COUNTRYWIDE IMPORTANT INFORMATION NOTICE - OFFER OF TERRORISM COVERAGE; DISCLOSURE OF PREMIUM THIS NOTICE DOES NOT FORM A PART OF TH...

Property Policyholder Notice POLICYHOLDER NOTICE - COUNTRYWIDE IMPORTANT INFORMATION NOTICE - OFFER OF TERRORISM COVERAGE; DISCLOSURE OF PREMIUM THIS NOTICE DOES NOT FORM A PART OF THE POLICY, GRANT ANY COVERAGE OR CHANGE THE TERMS AND CONDITIONS OF ANY COVERAGE UNDER THE POLICY. As used herein, 1) “we” means the insurer listed on the Declarations or the Certificate of Insurance, as applicable; and 2) “you” means the first person or entity named on the Declarations or the Certificate of Insurance, as applicable. You are hereby notified that under the Terrorism Risk Insurance Act, as extended and reauthorized ("Act"), you have a right to purchase insurance coverage of losses arising out of acts of terrorism, as defined in Section 102(1) of the Act, subject to all applicable policy provisions. The Terrorism Risk Insurance Act established a federal program within the Department of the Treasury, under which the federal government shares, with the insurance industry, the risk of loss from future terrorist attacks. This Notice is designed to alert you to coverage restrictions and to certain terrorism provisions in the policy. If there is any conflict between this Notice and the policy (including its endorsements), the provisions of the policy (including its endorsements) apply. CHANGE IN THE DEFINITION OF A CERTIFIED ACT OF TERRORISM The Act applies when the Secretary of the Treasury certifies that an event meets the definition of an act of terrorism. Originally, the Act provided that to be certified, an act of terrorism must cause losses of at least five million dollars and must have been committed by an individual or individuals acting on behalf of any foreign person or foreign interest to coerce the government or population of the United States. However, the 2007 re- authorization of the Act removed the requirement that the act of terrorism must be committed by or on behalf of a foreign interest, and now certified acts of terrorism may encompass, for example, a terrorist act committed against the United States government by a United States citizen, when the act is determined by the federal government to be "a certified act of terrorism." In accordance with the Act, we are required to offer you the ability to purchase coverage for losses resulting from an act of terrorism that is certified under the federal program. The other provisions of this policy, including nuclear, war or military action exclusions, will still apply to such an act. DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The Department of the Treasury will pay a share of terrorism losses insured under the federal program. In 2015, the federal share equals 85% of that portion of the amount of such insured losses that exceeds the applicable insurer retention, and shall decrease by 1 percentage point per calendar year until equal to 80%. LIMITATION ON PAYMENT OF TERRORISM LOSSES If aggregate insured losses attributable to terrorist acts certified under the Terrorism Risk Insurance Act exceed $100 billion in a calendar year (January 1 through December 31), the Treasury shall not make any payment for any portion of the amount of such losses that exceeds $100 billion. Further, this coverage is subject to a limit on our liability pursuant to the federal law where, if aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 billion in a calendar year (January 1 through December 31) and we have met our insurer deductible under the Act, we shall not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion. In such case, insured losses up to that amount are subject to pro rata allocation in accordance with procedures established by the Secretary of the Treasury. CONFIRMATION OF ACCEPTANCE OF COVERAGE Form No: CNA81758XX (03-2015) Policy No: Endorsement Effective Date: Policy Effective Date: Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago, IL 60606 © Copyright CNA All Rights Reserved.  Property Policyholder Notice In accordance with the Act, we offered you coverage for losses resulting from an act of terrorism that is certified under the federal program. This notice confirms that you have chosen to accept our offer of coverage for certified acts of terrorism. The policy's other provisions, including nuclear, war or military action exclusions, will still apply to such an act. The premium charge for terrorism coverage, if any, is shown separately on the Declarations or the Certificate of Insurance, as applicable. Form No: CNA81758XX (03-2015) Policy No: Endorsement Effective Date: Policy Effective Date: Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago, IL 60606 © Copyright CNA All Rights Reserved. FORMS APPLICABLE TO ALL COVERAGE PARTS (SHOW NUMBERS): IL DS 00 09 08 IL 00 17 11 98 IL 09 53 01 15 CNA81758XX 03 15 Page 2 of 2 © ISO Properties, Inc., 2007 IL DS 00 09 08  IL 00 17 11 98 COMMON POLICY CONDITIONS All Coverage Parts included in this policy are subject to the following conditions. A. Cancellation b. Give you reports on the conditions we find; 1. The first Named Insured shown in the and Declarations may cancel this policy by mailing c. Recommend changes. or delivering to us advance written notice of 2. We are not obligated to make any inspections, cancellation. surveys, reports or recommendations and any 2. We may cancel this policy by mailing or such actions we do undertake relate only to delivering to the first Named Insured written insurability and the premiums to be charged. notice of cancellation at least: We do not make safety inspections. We do not a. 10 days before the effective date of undertake to perform the duty of any person or cancellation if we cancel for nonpayment of organization to provide for the health or safety premium; or of workers or the public. And we do not warrant that conditions: b. 30 days before the effective date of cancellation if we cancel for any other a. Are safe or healthful; or reason. b. Comply with laws, regulations, codes or 3. We will mail or deliver our notice to the first standards. Named Insured's last mailing address known to 3. Paragraphs 1. and 2. of this condition apply not us. only to us, but also to any rating, advisory, rate 4. Notice of cancellation will state the effective service or similar organization which makes date of cancellation. The policy period will end insurance inspections, surveys, reports or on that date. recommendations. 5. If this policy is cancelled, we will send the first 4. Paragraph 2. of this condition does not apply to Named Insured any premium refund due. If we any inspections, surveys, reports or cancel, the refund will be pro rata. If the first recommendations we may make relative to Named Insured cancels, the refund may be certification, under state or municipal statutes, less than pro rata. The cancellation will be ordinances or regulations, of boilers, pressure effective even if we have not made or offered a vessels or elevators. refund. E. Premiums 6. If notice is mailed, proof of mailing will be The first Named Insured shown in the sufficient proof of notice. Declarations: B. Changes 1. Is responsible for the payment of all premiums; This policy contains all the agreements between and you and us concerning the insurance afforded. 2. Will be the payee for any return premiums we The first Named Insured shown in the Declarations pay. is authorized to make changes in the terms of this F. Transfer Of Your Rights And Duties Under This policy with our consent. This policy's terms can be Policy amended or waived only by endorsement issued by us and made a part of this policy. Your rights and duties under this policy may not be transferred without our written consent except in C. Examination Of Your Books And Records the case of death of an individual named insured. We may examine and audit your books and If you die, your rights and duties will be transferred records as they relate to this policy at any time to your legal representative but only while acting during the policy period and up to three years within the scope of duties as your legal afterward. representative. Until your legal representative is D. Inspections And Surveys appointed, anyone having proper temporary 1. We have the right to: custody of your property will have your rights and duties but only with respect to that property. a. Make inspections and surveys at any time; IL 00 17 11 98 Copyright, Insurance Services Office, Inc., 1998 Page 1 of 1 POLICY NUMBER: AYT713702418 IL 09 53 01 15 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTIFIED ACTS OF TERRORISM This endorsement modifies insurance provided under the following: BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART EQUIPMENT BREAKDOWN COVERAGE PART FARM COVERAGE PART STANDARD PROPERTY POLICY SCHEDULE The Exception Covering Certain Fire Losses (Paragraph C) applies to property located in the following state(s), if covered under the indicated Coverage Form, Coverage Part or Policy: State(s) Coverage Form, Coverage Part Or Policy Commercial Property Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. The following definition is added with respect to B. The following exclusion is added: the provisions of this endorsement: CERTIFIED ACT OF TERRORISM EXCLUSION "Certified act of terrorism" means an act that is We will not pay for loss or damage caused directly certified by the Secretary of the Treasury, in or indirectly by a "certified act of terrorism". Such accordance with the provisions of the federal loss or damage is excluded regardless of any Terrorism Risk Insurance Act, to be an act of other cause or event that contributes concurrently terrorism pursuant to such Act. The criteria or in any sequence to the loss. contained in the Terrorism Risk Insurance Act for a "certified act of terrorism" include the following: C. Exception Covering Certain Fire Losses 1. The act resulted in insured losses in excess of The following exception to the exclusion in $5 million in the aggregate, attributable to all Paragraph B. applies only if indicated and as types of insurance subject to the Terrorism indicated in the Schedule of this endorsement. Risk Insurance Act; and If a "certified act of terrorism" results in fire, we will 2. The act is a violent act or an act that is pay for the loss or damage caused by that fire. dangerous to human life, property or Such coverage for fire applies only to direct loss or infrastructure and is committed by an individual damage by fire to Covered Property. Therefore, for or individuals as part of an effort to coerce the example, the coverage does not apply to civilian population of the United States or to insurance provided under Business Income and/or influence the policy or affect the conduct of the Extra Expense coverage forms or endorsements United States Government by coercion. which apply to those forms, or to the Legal Liability Coverage Form or the Leasehold Interest Coverage Form. IL 09 53 01 15 © Insurance Services Office, Inc., 2015 Page 1 of 2  If aggregate insured losses attributable to terrorist D. Application Of Other Exclusions acts certified under the Terrorism Risk Insurance The terms and limitations of any terrorism Act exceed $100 billion in a calendar year and we exclusion, or the inapplicability or omission of a have met our insurer deductible under the terrorism exclusion, do not serve to create Terrorism Risk Insurance Act, we shall not be coverage for any loss which would otherwise be liable for the payment of any portion of the amount excluded under this Coverage Part or Policy, such of such losses that exceeds $100 billion, and in as losses excluded by the Nuclear Hazard such case insured losses up to that amount are Exclusion or the War And Military Action subject to pro rata allocation in accordance with Exclusion. procedures established by the Secretary of the Treasury. Page 2 of 2 © Insurance Services Office, Inc., 2015 IL 09 53 01 15  SERVICE OF SUIT ENDORSEMENT Wherever used in this endorsement Named Insured means the first person or entity named on the declarations page. In consideration of the premium paid for this Policy, it is agreed that the following provision is added to the Policy: SERVICE OF SUIT Pursuant to any statute of any state, territory or district of the United States which makes provision therefore, the Insurer hereby designates the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as its true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the Named Insured or any beneficiary hereunder arising out of this contract of insurance, and hereby designates the below-named as the person to whom the said officer is authorized to mail such process or true copy thereof. Service of process in such suit shall be made upon: General Counsel Columbia Casualty Company 151 North Franklin Street Chicago, IL 60606 and in any suit instituted against such person upon this policy, the Insurer will abide by the final decision of such court or of any appellate court in the event of an appeal. The General Counsel is authorized and directed to accept service of process on behalf of the Insurer in any such suit and, upon the request of the Named Insured, to give a written undertaking to the Named Insured that he will enter a general appearance upon the Insurer’s behalf in the event such suit shall be instituted. All other terms and conditions of the Policy remain unchanged. This endorsement, which forms a part of and is for attachment to the Policy issued by the designated Insurers, takes effect on the effective date of said Policy at the hour stated in said Policy, unless another effective date is shown below, and expires concurrently with said Policy. Form No: CNA74300XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago, IL 60606  Property Endorsement THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. AUTO DEALERS AMENDATORY ENDORSEMENT This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY CONDITIONS BUILDING AND PERSONAL PROPERTY COVERAGE FORM BUSINESS INCOME (AND EXTRA EXPENSE) COVERAGE FORM CAUSES OF LOSS – SPECIAL FORM SCHEDULE This SCHEDULE reflects limits for coverages described in this endorsement as well as coverages included under the above coverage forms. Coverage – At Described Premises Limit of Insurance Accounts Receivable Subject to $1,000,000 Basket Aggregate Alternative Energy (Business Income / Extra Expense) Subject to applicable BI/EE Limit of Insurance Alterations and New Buildings (Business Income / Extra Expense) Subject to applicable BI/EE Limit of Insurance Appurtenant Buildings $100,000 Burglary Damage to Building $25,000 Civil Authority (Business Income / Extra Expense) Four weeks subject to applicable BI/EE Limit of Insurance Contractual Penalties (Business Income / Extra Expense) $25,000 Debris Removal 25% of covered loss plus $10,000 Electronic Data $2,500 annual aggregate Electronic Data Processing Equipment and Media Subject to $1,000,000 Basket Aggregate Emergency Responder Service Charge Subject to $1,000,000 Basket Aggregate Employee Tools $500,000 Extended Business Income (Business Income / Extra Expense) 60 days, subject to applicable BI/EE Limit of Insurance False Pretense $250,000 Fine Arts Subject to $1,000,000 Basket Aggregate Fire Extinguisher System Expense $5,000 Fungus, Wet or Dry Rot – Limited Coverage $15,000 annual aggregate Government Confiscation $100,000 Green Standards Subject to Covered Property Limit of Insurance Increased Cost of Construction 5% of Building Limit up to $10,000 maximum Ingress And Egress $50,000 Interruption of Computer Operations (Business Income / Extra $2,500 annual aggregate Expense) Leasehold Interest Subject to $1,000,000 Basket Aggregate Loss of Master Key $25,000 Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement Loss Prevention Expense $5,000 Non-owned Detached Trailers Subject to $1,000,000 Basket Aggregate Outdoor Property Subject to $1,000,000 Basket Aggregate Personal Effects and Property of Others $5,000 Pollutant Clean Up and Removal (Building and Personal Property) $100,000 annual aggregate Pollutant Clean Up and Removal (Business Income) $25,000 Preparation of Loss Fees (Building and Personal Property) $25,000 Preparation of Loss Fees (Business Income / Extra Expense) $25,000 Preservation of Property 30 days Reward Payment $25,000 Tents $15,000 Valuable Papers and Records Subject to $1,000,000 Basket Aggregate Coverage – Not At Described Premises Limit of Insurance Accounts Receivable $25,000 Any Other Location (other than exhibition, fair or trade show) $50,000 (Business Income / Extra Expense) Any Other Location (exhibition, fair or trade show) (Business $25,000 Income / Extra Expense) Dependent Business Premises (Business Income / Extra Expense) $100,000 Electronic Data Processing Equipment and Media (in transit) $50,000 Electronic Data Processing Equipment and Media (other than in $75,000 transit or while at an exhibition, fair or trade show) Employee Tools $10,000 Fine Arts $25,000 Mobile Communication Property $10,000 Newly Acquired or Constructed Property – Buildings $2,000,000 Newly Acquired or Constructed Property – Your Business Personal $1,000,000 Property Newly Acquired Locations (Business Income / Extra Expense) $250,000 Newly Acquired or Constructed Property – Period of Coverage 90 Days Personal Effects and Property of Others $5,000 Property Off-Premises $25,000 Valuable Papers and Records $25,000 I. Under COMMERCIAL PROPERTY CONDITIONS, the following changes apply: A. Condition E. LIBERALIZATION is deleted. B. Condition H. POLICY PERIOD / COVERAGE TERRITORY is deleted and replaced by the following: H. POLICY PERIOD / COVERAGE TERRITORY Under this Coverage Part: 1. We cover loss or damage commencing: a. During the policy period shown in the Declarations; and b. Within the coverage territory. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement a. The coverage territory is the United States of America (excluding its territories and possessions). II. The BUILDING AND PERSONAL PROPERTY COVERAGE FORM is amended as follows: A. The introductory paragraph under A. COVERAGE is deleted and replaced by the following: We will pay for direct physical loss of or damage to Covered Property at the premises described in the Declarations caused by or resulting from any Covered Cause of Loss. Wherever referenced in the policy, such described premises include the area associated with the address of the described premises in which you are legally entitled to conduct business activities. B. The following items are added under Paragraph A.1.a. Building: Outdoor signs at the described premises owned by you or owned by others if in your care, custody or control; Outdoor fences, radio and television antennas (including satellite dishes) that are attached to the building; C. Paragraph A.2. Property Not Covered is amended as follows: 1. Subparagraph a. is deleted and replaced by the following: a. Accounts, bills, currency (including “virtual currency”), food stamps or other evidences of debt, money, notes or securities. Lottery tickets held for sale are not securities; 2. Subparagraph g. Foundations of buildings, structures, machinery or boilers is deleted. 3. Subparagraph n. Electronic data is deleted and replaced by the following: n. “Electronic data”, except as provided under the Electronic Data and Electronic Data Processing Equipment and Media additional coverages. This paragraph n. does not apply to your “stock” of prepackaged software. 4. Subparagraph p. Vehicles or self-propelled machines is deleted and replaced by the following: p. Motor vehicles or other vehicles or self-propelled machines (including aircraft or watercraft) except for tow motors, forklifts and other similar equipment that are operating and used solely at a described premises: 5. Subparagraph q.(2) is deleted and replaced by the following: (2) Fences, radio or television antennas (including satellite dishes) and their lead-in wiring, masts or towers, flag poles, trees, shrubs or plants (other than trees, shrubs or plants which are "stock" or are part of a vegetated roof), all except as provided in the Coverage Extensions. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement 6. The following are added to Property Not Covered: “Fine Arts”; “Computers”; “Electronic Data”; “Media”; “Employee Tools”; and “Records of Accounts Receivable”, except to the extent coverage is provided elsewhere in this coverage form. D. Part A.4. Additional Coverages is amended as follows: 1. Paragraph c. Fire Department Service Charge is deleted and replaced by the following: c. Emergency Responder Service Charge We will pay for your liability for fire department, police department, ambulance company or EMT charges incurred to save or protect Covered Property from loss or damage that has occurred or is occurring as a result of a Covered Cause of Loss, if such emergency responder charges are: (1) Assumed by contract or agreement prior to loss; or (2) Required by local ordinance. No Deductible applies to this Additional Coverage. The most we will pay under this Additional Coverage is subject to the Aggregate Limit of Insurance as shown in the above SCHEDULE. 2. The last paragraph of d. Pollutant Clean-up And Removal is deleted and replaced by the following: The most we will pay under this Additional Coverage for each described premises is $100,000 for the sum of all covered expenses arising out of Covered Causes of Loss occurring during each separate 12-month period of this policy. 3. Subparagraph (5) under e. Increased Cost of Construction is deleted and replaced by the following: (5) Under this Additional Coverage, we will not pay for: (a) The enforcement of or compliance with any ordinance or law which requires demolition, repair, replacement, reconstruction, remodeling or remediation of property due to contamination by “pollutants” or due to the presence, growth, proliferation, spread or any activity of “fungus”, wet or dry rot or “microbes”; or (b) Any costs associated with the enforcement of or compliance with an ordinance or law which requires any insured or others to test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, or assess the effects of "pollutants", "fungus", wet or dry rot or “microbes”. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement 4. The following is added to Subparagraph (3) under f. Electronic Data: Only the Covered Causes of Loss described under Paragraph (3)(d) applies to this Electronic Data Additional Coverage. The Cyber Attack exclusion under the Causes of Loss – Special Form does not apply, but only to the extent of the coverage provided under this Electronic Data Additional Coverage. 5. The following coverages are added to A.4. Additional Coverages: Burglary Damage to Building (1) We will pay for direct physical loss or damage to a building: (a) You occupy but do not own; and (b) For which you are contractually liable, Caused by or resulting from burglary or any attempt at burglary in that part of the premises which you occupy. (2) This Additional Coverage does not apply: (a) To ensuing loss or damage caused by or resulting from a cause of loss that is not a Covered Cause of Loss; or (b) If a Limit of Insurance for Building applicable to the premises where the loss or damage occurred is shown in the Declarations. (3) The most we will pay under this Additional Coverage is $25,000 in any one occurrence. Fire Extinguisher Systems Expense (1) We will pay: (a) The cost of recharging or replacing, whichever is less, your discharged fire extinguishers and fire extinguishing systems (including hydrostatic testing if needed); and (b) For direct physical loss or damage to Covered Property if such loss or damage is the result of an accidental discharge of chemicals from a fire extinguisher or fire extinguishing system at a described premises. (2) No coverage will apply if the fire extinguishing system is discharged during installation or testing. (3) The most we will pay under this Additional Coverage is $5,000 in any one occurrence. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement (4) No Deductible applies to this Additional Coverage. Government Confiscation (1) We will pay for direct physical loss or damage to Your Business Personal Property caused by or resulting from “government confiscation”. (2) The most we will pay under this Additional Coverage is $100,000 in any one occurrence (3) Solely for the purposes of this Additional Coverage, Exclusion B.1.c. of the Causes of Loss – Special Form does not apply. Green Standards (1) Subject to the applicable Limit of Insurance, if Covered Property is repaired or replaced as a result of direct physical loss or damage by a Covered Cause of Loss, we will also pay the following expenses if such expenses are incurred as a necessary part of the repair or replacement of the Covered Property: (a) Hiring professionals accredited pursuant to “green standards” to participate in the repair or replacement of the Covered Property; (b) Registering and certifying the repaired or replaced Covered Property pursuant to “green standards”; (c) Disposing of debris, certified pursuant to “green standards”, at recycling facilities, if such debris can be recycled; and (d) Ventilating the repaired or replaced Covered Property, in a manner consistent with “green standards”. (2) When direct physical loss or damage is caused by or results from direct physical loss or damage that is covered under this policy and direct physical loss or damage that is not covered under this policy, the Additional Coverage will not apply to “green standards” costs resulting from the damage that is not covered under this policy. Instead, we will pay a proportion of such loss, meaning the proportion that the covered direct physical loss or damage bears to the total direct physical loss or damage, unless the “green standards” apply solely to that portion of the Covered Property which incurred the covered direct physical loss or damage. (3) This Green Standards Additional Coverage does not include any increase in costs, loss or damage attributable to any “green standards” you did not comply with before the loss, regardless of when such “green standards” became effective. (4) This Green Standards Additional Coverage does not apply to: Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement (a) Loss or damage caused by or resulting from fire which ensues from nuclear reaction or radiation, or radioactive contamination; (b) Pollutant Clean-up and Removal Additional Coverage; or (c) “Stock” Leasehold Interest (5) We will pay for loss of “net leasehold interest” you sustain due to the cancellation of your lease by the lessor, due to a valid condition of your lease. The cancellation must result from direct physical loss or damage at the described premises caused by or resulting from a Covered Cause of Loss. (e) We will not pay more than the total “net leasehold interest” at the time of the cancellation of the lease. But if your lease is cancelled and your landlord lets you continue to use your premises under a new lease, we will not pay more than: i. The rent you will pay under the new lease; minus ii. The rent you would have paid had the lease not been cancelled immediately preceding the direct physical loss or damage. (f) We will not pay under this Additional Coverage if: i. The premises where the lease is cancelled has been vacant for more than 60 consecutive days at the time of direct physical loss or damage; and ii. You have not entered into an agreement to sublease the premises. (6) The most we will pay under this Additional Coverage in any one occurrence is subject to the Basket Aggregate Limit of Insurance as shown in the above SCHEDULE. Loss of Master Key (1) We will pay for the reasonable and necessary costs you incur to: (a) Replace keys; (b) Adjust locks to accept new keys; or (c) If required, install new locks, Due to direct physical loss or damage to a master key or grand master key caused by a Covered Cause of Loss. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement (2) The most we will pay under this Additional Coverage is $25,000 in any one occurrence. Loss Prevention Expense (1) We will pay the reasonable and necessary costs you incur to protect Covered Property from imminent direct physical loss or damage by a Covered Cause of Loss. (2) The most we will pay under this Additional Coverage is $5,000 in any one occurrence. (3) To the extent possible, you must notify us of your intent to incur such cost before you take any loss prevention action. (4) In any event, you must notify us as soon as practicable after you have taken any loss prevention action. Mobile Communication Property (1) We will pay for direct physical loss or damage to your “mobile communication property” caused by a Covered Cause of Loss more than 100 feet away from the described premises. (2) The most we will pay under this Additional Coverage is $10,000 in any one occurrence. Preparation of Loss Fees (1) We will pay the reasonable and necessary expenses we require you to incur, after direct physical loss or damage to Covered Property by a Covered Cause of Loss, to determine the extent of such loss or damage. (2) The most we will pay under this Additional Coverage is $25,000 in any one occurrence. (3) This Additional Coverage does not apply to any expenses you incur for any: (a) Insurance adjuster, public adjuster, consultant or attorney; or (b) Of your subsidiaries or affiliates. Reward Payment (1) We will reimburse you for rewards paid as follows: (a) Up to $25,000 to an eligible person for: Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement i. information leading to the arrest and conviction of any person or persons committing a felony resulting in loss to Covered Property from a Covered Cause of Loss; or ii. the return of stolen Covered Property, when the loss is caused by theft (b) However, we will pay no more than the lesser of the following amounts: i. Actual cash value of the Covered Property at the time of loss or damage, but not more than the amount required to repair or replace it; or ii. The amount determined by the loss settlement procedure applicable to the Covered Property under the Loss Payment Condition. (2) This Additional Coverage applies subject to the following conditions: (a) An eligible person means that person designated by a law enforcement agency as being the first to voluntarily provide the information leading to the arrest and conviction or return of the stolen Covered Property, and who is not: i. You or any family member; ii. Your employee or any of his or her family members; iii. An employee of a law enforcement agency; iv. An employee of a business engaged in property protection; v. Any person who had custody of the Covered Property at the time the theft was committed; or vi. Any person involved in the crime. (b) No reward will be reimbursed unless and until the person(s) committing the crime is (are) convicted or the Covered Property is returned. (c) The lesser of the amount of the reward or $25,000 is the most we will reimburse for loss under this Additional Coverage in any one occurrence. E. Part 5. Coverage Extensions under the A. Coverage are amended as follows: 1. Part A.5.a. Newly Acquired or Constructed Property is amended as follows: Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement a. The last paragraph under (1) Buildings is deleted and replaced with the following: The most we will pay for loss or damage under this Extension is $2,000,000 in any one occurrence. b. The last paragraph under (2) (a) Your Business Personal Property is deleted and replaced with the following: The most we will pay for loss or damage under this Extension is $1,000,000 in any one occurrence. c. Subparagraph (b) under (3) Period of Coverage is deleted and replaced with the following: (b) 90 days expire after you acquire the property or begin construction of that part of the building that would qualify as covered property; or 2. Part A.5.b. Personal Effects and Property of Others is deleted and replaced with the following: b. Personal Effects and Property of Others You may extend the insurance that applies for Your Business Personal Property to direct physical loss or damage by a Covered Cause of Loss to: (1) Personal effects owned by you, your officers, your partners or members, your managers or your employees. This Extension does not apply to loss or damage caused by theft. (2) Personal property of others in your care, custody or control. This Extension does not apply to “computers”, “electronic data’, “employee tools”, “fine arts”, or “media”. The most we will pay for loss or damage under this Extension in any one occurrence is $5,000, whether or not the property is at a described premises. Our payment for loss of or damage to personal property of others will only be for the account of the owner of the property. 3. Part A.5.c. Valuable Papers and Records (Other than Electronic Data) is deleted and replaced with the following: c. Valuable Papers and Records (Other than Electronic Data) (1) You may extend the insurance that applies to Your Business Personal Property to apply to direct physical loss or damage to valuable papers and records that you own, or that are in your care, custody or control, caused by or resulting from a Covered Cause of Loss. This Extension applies to the actual cost that you incur to replace or reproduce lost information on valuable Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement papers and records. But this Extension does not apply to valuable papers and records which exist as “electronic data”. (2) This Extension does not apply to property held as samples for delivery after sale. (3) The most we will pay under this Extension for loss or damage to valuable papers and records at a described premises in any one occurrence is subject to the Basket Aggregate Limit Of Insurance as shown in the above SCHEDULE. For valuable papers and records more than 100 feet from described premises, the most we will pay is $25,000 in any one occurrence. Such amounts are additional insurance. We will also pay the cost of blank materials for reproducing the records (whether or not duplicates exist), and (when there is a duplicate) for the cost of labor to transcribe or copy the records. The costs of blank material and labor are subject to the applicable Limit of Insurance on Your Business Personal Property and therefore coverage of such costs is not additional insurance. 4. Part A.5.d. Property Off Premises is deleted and replaced by the following: d. Property Off-Premises (1) You may extend the insurance provided by this Coverage Part to apply to direct physical loss or damage by a Covered Causes of Loss to Covered Property while it is away from the described premises, if it is: (a) At a location you do not own, lease or operate; (b) In storage at a location you lease, provided the lease was executed after the beginning of the current policy term; (c) At any fair, trade show or exhibition; or (d) In transit more than 100 feet from described premises in or on a motor vehicle you own, lease or operate while between points in the coverage territory. (2) This Extension does not apply to property: (a) In the care, custody or control of your salespersons, unless the property is in such care, custody or control at a fair, trade show or exhibition; or (b) covered under one or more of the coverages (other than Property Off Premises) shown under Coverage – Not At a Described Premises in the above SCHEDULE or that is otherwise more specifically covered off-premises elsewhere in this policy. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement (3) The most we will pay for loss or damage under this Extension in any one occurrence is $25,000. 5. Part A.5.e. Outdoor Property is deleted and replaced by the following: e. Outdoor Property You may extend this insurance provided by this Coverage Form to apply to direct physical loss or damage by a Covered Cause of Loss (except as otherwise noted) to the following outdoor property located on or within 100 feet of the described premises: (1) Outdoor spas and swimming pools, fences and retaining walls that are not a part of a building; (2) Outdoor radio, television, satellite or other antennas that are not part of a building, including their masts, towers and lead-in and support wiring; (3) Outdoor light fixtures and flag poles that are not attached to the building; and (4) Outdoor trees, shrubs and plants (other than “stock” of trees, shrubs or plants) but only for loss caused by or resulting from the following Covered Causes of Loss: (a) Fire; (b) Lightning; (c) Explosion; (d) Riot or civil commotion; or (e) Aircraft The most we will pay under this Extension for loss or damage to outdoor property at a described premises, including debris removal expense, in any one occurrence is subject to the Basket Aggregate Limit Of Insurance as shown in the above SCHEDULE. 6. Under Part A.5.f. Non-owned Detached Trailers, sub-paragraph (3) is deleted and replaced by the following: (3) The most we will pay for loss or damage under this Extension in any one occurrence is subject to the Basket Aggregate Limit of Insurance shown in the above SCHEDULE. 7. The following coverage extensions are added to Part A.5. Coverage Extensions – Each of these Extensions is additional insurance, unless otherwise indicated. The Additional Condition, Coinsurance, does not apply to these Extensions: Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement Accounts Receivable (1) You may extend the insurance that applies to Your Business Personal Property to “Records of Accounts Receivable”. We will pay: (a) All amounts due from your customers that you are unable to collect; (b) Interest charges on any loan required to offset amounts you are unable to collect pending our payment of these amounts; (c) Collection expenses in excess of your normal collection expenses that are made necessary by loss or damage; and (d) Other reasonable and necessary expenses that you incur to re- establish your records of accounts receivable; That result from direct physical loss or damage by any Covered Cause of Loss to your “Records of Accounts Receivable”. (2) The most we will pay under this Extension for loss or damage to “Records of Accounts Receivable” at a described premises in any one occurrence is subject to the Basket Aggregate Limit of Insurance as shown in the above SCHEDULE. For “Records of Accounts Receivable” located more than 100 feet from a described premises, the most we will pay is $25,000 in any one occurrence. (3) To the extent that coverage for accounts receivable is provided under this Extension, the provisions of Property Not Covered in the Coverage section do not apply. Appurtenant Buildings You may extend the insurance provided by this Coverage Form to apply to direct physical loss or damage by a Covered Cause of Loss to buildings you own that are appurtenant to and at the same premises as a building described in the Declarations and: (1) Separated from it by clear space; or (2) Attached to it only by a fence, utility line or similar connection. This Coverage Extension does not apply to land, water, buildings that you rent or hold for rental to any person who is not a tenant of the described building; or any other structure that is not a building. The most we will pay under this Extension for loss or damage to appurtenant buildings in any one occurrence is $100,000. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement Electronic Data Processing Equipment and Media (1) You may extend the insurance that applies to Your Business Personal Property to direct physical loss or damage by a Covered Cause of Loss to “computers”, “electronic data” and “media” including such property of others while in your care, custody or control but excluding such property of officers, partners, managers, members or employees. (2) For purposes of this Coverage Extension, the value of: (a) “Computers” will be: i. The cost of repairing the equipment with new property functionally identical to the damaged equipment if replaced; or ii. Actual cash value if the property is not replaced or repaired. In the event of partial damage to a “computer”, we will not pay more than the cost of the reasonable restoration of the property to its condition immediately prior to the loss. (b) “Electronic Data” will be the actual cost to reproduce such “electronic data”. If the “electronic data” is not replaced or reproduced, we will pay the cost of the value of the “media” with no stored data. (c) “Media” will be the cost to repair or replace the “media” with substantially identical property. (3) This Coverage Extension does not apply to property you hold for sale or distribution or that you manufacture. (4) The most we will pay under this Extension for loss or damage to “computers”, “electronic data” and “media” at described premises in any one occurrence is subject to the Basket Aggregate Limit of Insurance as shown in the above SCHEDULE. For “computers”, “electronic data” and “media” more than 100 feet from a described premises, which are not in transit or at an exhibition, fair or trade show, the most we will pay is $75,000 in any one occurrence. For “computers”, “electronic data” and “media” that are in transit, the most we will pay is $50,000 in any one occurrence. For “computers”, “electronic data” and “media” that are at an exhibition, fair or trade show, the most we will is $25,000 in any one occurrence. Employee Tools Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement You may extend the insurance that applies to Your Business Personal Property to apply to direct physical loss or damage by a Covered Cause of Loss to “employee tools” used in your business. The most we will pay for covered loss or damage under this Extension at a described premises in any one occurrence is $500,000, unless a different limit for Employee Tools is shown in the SCHEDULE. Any such limit applies per premises in any one occurrence. For “employee tools” used in your business that are more than 100 feet from a described premises, the most we will pay is $10,000 in any one occurrence. Fine Arts (1) You may extend the insurance that applies to Your Business Personal Property to direct physical loss or damage by a Covered Cause of Loss to “fine arts” including such property of others while in your care, custody or control. (2) For the purposes of this Coverage Extension, the value of “Fine Arts” will be the price that such property might be expected to realize if offered for sale in a fair market on the date of loss or damage. However, the value of “Fine Arts” of others in your care, custody or control will not be greater than the amount for which you are contractually liable. (3) In case of loss or damage to any part of a pair or set, we may: (a) Repair or replace any part to restore the pair or set to its value before the loss or damage; or (b) Pay the difference between the value of the pair or set before and after the loss or damage. (4) The most we will pay under this Extension for loss or damage to “fine arts” at a described premises in any one occurrence is subject to the Basket Aggregate Limit of Insurance as shown in the above SCHEDULE. For “fine arts” more than 100 feet from a described premises, the most we will pay is $25,000 in any one occurrence. Tents You may extend the insurance that applies to your Building to apply to tents used in your business that are affixed to realty located on or within 100 feet of the described premises. The most we will pay under this Extension for loss or damage to tents in any one occurrence is $15,000 per described premises. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement In the event of loss or damage to such permanent tents, we will determine their value at actual cash value as of the time of loss or damage, but not more than the amount required to repair or replace them. F. Section C. Limits of Insurance is deleted and replaced by the following: C. Limits of Insurance The most we will pay for loss or damage in any one occurrence is the applicable Limit of Insurance shown in the Declarations. Except for Preservation of Property, the amounts of insurance stated in the Additional Coverages in this Coverage Form and in this endorsement apply in accordance with terms of such coverages and are separate from the Limit(s) of Insurance shown in the Declarations for any other coverage. Payments under the Preservation of Property Additional Coverage will not increase the applicable Limit of Insurance. Basket Aggregate Limit of Insurance The Basket Aggregate Limit of Insurance applies to and will be shared among the Coverages shown in the above SCHEDULE with a Limit of Insurance subject to the Basket Aggregate. Unless otherwise stated, the Basket Aggregate Limit of Insurance applies separately at each described premises shown in the Declarations. At the time of loss or damage, the first Named Insured may elect to apportion such Basket Aggregate Limit of Insurance to one or any combination of the Coverages that are shown as subject to the Basket Aggregate Limit of Insurance in the above SCHEDULE. However, under no circumstances will the aggregate apportionment be permitted to exceed the Basket Aggregate Limit of Insurance. For the purpose of the application of this Basket Aggregate Limit of Insurance, all property at one premises, regardless of the number of buildings at that premises, shall constitute a single premises. G. The following is added to Section D. Deductible: The Additional Coverages and Coverage Extensions described in this endorsement are subject to the Building Deductible or to the deductible applicable to Your Business Personal Property if there is no Building coverage, unless stated otherwise. H. The following conditions are added to Section F. Additional Conditions: Construction Fees Covered Property valuation includes reasonable and necessary architectural, engineering, consulting, decorating and supervisory fees incurred related to the construction and repair of the lost or damaged property. Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement Economic and Trade Sanctions In accordance with laws and regulations of the United States concerning economic and trade embargoes, this policy is void ab initio (void from its inception) with respect to any term or condition of this policy that violates any laws or regulations of the United States concerning economic and trade embargoes including, but not limited to the following: a. Any insured, or any person or entity claiming the benefits of an insured, who is or becomes a Specially Designated National or Blocked Person or who is otherwise subject to U.S. economic or trade sanctions; b. Any claim or suit that is brought in a Sanctioned Country or by a Sanctioned Country Government, where any action in connection with such claim or suit is prohibited by U.S. economic or trade sanctions; c. Any claim or suit that is brought by any Specially Designated National or Blocked Person or any person or entity who is otherwise subject to U.S. economic or trade sanctions; d. Property that is located in a Sanctioned Country or that is owned by, rented to or in the care, custody or control of a Sanctioned Country Government, where any activities related to such property are prohibited by U.S. economic or trade sanctions; or e. Property that is owned by, rented to or in the care, custody or control of a Specially Designated National or Blocked Person, or any person or entity that is otherwise subject to U.S. economic or trade sanctions. As used in this policy a Specially Designated National or Blocked Person is any person or entity that is on the list of Specially Designated Nationals and Blocked Persons issued by the U.S. Treasury Department's Office of Foreign Asset Control (O.F.A.C.) as it may be from time to time amended. As used in this policy a Sanctioned Country is any country that is the subject of trade or economic embargoes imposed by the laws or regulations of the United States of America. I. Under Section H. Definitions, the following changes apply: 1. The definition of “Fungus” is deleted and replaced by the following: "Fungus" means any form of fungus, including but not limited to, yeast, mold, mildew, rust, smut or mushroom, and including any spores, mycotoxins, odors, or other substances, products or by-products produced by, released by, or arising out of the current or past presence of “fungus”. “Fungus” does not include any “fungus” intended by you for consumption. 2. The following definitions are added: “Computer” means: a. Your programmable electronic equipment that is used to store, retrieve and process “electronic data”. It includes their component parts and dedicated air Form No: CNA98531XX (06-2020) Policy No: AYT713702418 Endorsement Effective Date: 3/1/2023 Policy Effective Date: 3/1/2023 Endorsement No: Underwriting Company: Columbia Casualty Company 151 N. Franklin St Chicago IL 60606 © Copyright CNA All Rights Reserved. Includes copyrighted material of the Insurance Services Office, Inc., used with its permission.  Property Endorsement conditioning, fire suppression equipment and electrical equipment used exclusively in your “computer” operations; and b. Associated peripheral equipment that provides communication, including input and output functions such as printing or auxiliary functions such as “electronic data” transmission. It does not include “electronic data”, “media”, and “mobile communication property”. “Electronic Data” means information, facts or computer programs stored as or on, created or used on, or transmitted to or from computer software (including systems and applications software), on “media” which are used with electronically controlled equipment. The term computer programs means a set of related electronic instructions which direct the operations and functions of a computer or device connected to it, which enable the computer or device to receive, process, store, retrieve or send data and includes programming records used for electronic data processing or electronically controlled equipment. “Electronic Data” does not include “Records of Accounts Receivable”. “Employee tools” means tools that are owned by the insured’s employees (including leased and temporary employees). “Fine arts” means: a. Paintings, rare books, sculptures, manuscripts, pictures, prints, etchings, drawings, tapestries, bronzes, statuary, potteries, porcelains, marbles and other bona fide works of art; or b. Items of rarity or historical value. “Fine arts” does not include valuable papers or records or “computers”, “electronic data”, “media”, or automobiles. “Government confiscation” means the seizure of Covered Property by a duly constituted government or civil authority, for an alleged violation of law (by someone other than you, your managers, officers or members) governing the possession, use, sale or distribution of controlled substances, including those laws governing the reporting of monies from such activities. “Green standards” means: a. The LEED Green Building Rating System of the United States Green Building Council; b. Requir