| Additional Features and Explanations - Part 1 |
| Broad Form(All Risk) |
Included |
| Replacement Cost |
Most property coverages including Office Equipment, Tenants Improvements and Building, if insured on this program. |
Except |
Stock and Tools (A.C.V.)*
Contractor's Equipment is replacement cost for the first 36 months from the date purchased new, otherwise A.C.V.*
*A.C.V. is replacement cost minus depreciation. |
| Debris Removal Excluding Pollutants |
Included |
| Fire Department Charges |
$10,000 |
| Growing Plants, Trees and Shrubs |
$500 |
| Newly Acquired Location, Stock and Equipment (30 days) |
$25,000 |
| Newly Acquired Contractor's Equipment (30 days) |
$10,000 |
| Newly Acquired Buildings** (30 days) |
$100,000 |
| Building By-law Coverages |
**If the building is insured by the HRAC Program |
| Territory Property Coverages |
Canada and the U.S.A. Excluding Alaska |
| Locked Vehicle Warranty |
Theft of goods from a vehicle is covered only if the vehicle was locked and there are visble signs of forceable entry. |
| Deductibles |
Crime |
$500 |
| Glass |
$500 |
| Policy Property Coverages |
$1000 |
| Liability |
$1,000 |
| Sewer Back-up |
$2,500 |
| Flood (Rising of natural water) |
$10,000 |
| Earthquake |
$50,000 |
| Liability Coverages: Aggregate Limit as Listed on Price List |
- Premises and Operations
- Property Damages
- Non-owned Automobile
- Completed Operations
- Contractor's Protective
- Broad Form Property Damage
- Products
- Bodily Injury
- Occurance Property Damage
|
- Employees as Additional Insureds
- Newly Acquired Locations (90 days)
- Contingent Employer's Liability
- Broad Form Automobile
- Employee Benefit Liability
- Intentional Acts Amendment
- Worldwide Coverage
- Watercraft up to 8 meters
- Cross Liability
- Blanket Contractual
|
| Liability Coverages: Special Limits as Listed Below |
- Employer's Liability $1,000,000
- Personal Injury Libel and Slander $1,000,000
- Tenants Legal, Greater of $250,000 or amount on Price List
- Advertising Liability $100,000
|
- Incidental Medical Malpractice $100,000
- Medical Payments $2,500 per person, $10,000 occurence
- Failure to Perform $10,000
- Limited Pollution Liability $10,000
|
This brief summary is not intended to replace the policy wording or certificates. In the event that there are any differences between the policy and this summary, the Master Policy will govern in all cases.
