Orange County NC Website
<br />EPS++ <br />tech + pro + media + security + privacy <br /> <br />GSL2302XX (Ed 6/11) <br />Page 27 <br />Copyright © 2011 CNA. All Rights Reserved. <br />Any inspections, surveys, reports, or recommendations relates only to insurability and the premiums to be <br />charged. The Insurer, by such inspections, surveys, reports, or recommendations, does not warrant that the <br />Insured Entity’s Network is safe or in compliance with laws, regulations, codes or standards, domestic or <br />foreign. This condition applies not only to the Insurer, but also to any rating, advisory, rate service, or similar <br />organization which makes insurance inspections, surveys, reports or recommendations. <br />Such inspections or surveys will be arranged with mutual consent of the Insured Entity and Insurer. <br />4. First Party Loss and Arbitration <br />If the Insured and the Insurer disagree on the amount of First Party Loss sustained, either may make a <br />written demand for an appraisal of such First Party Loss. If such demand is made, each party will select an <br />appraiser. The appraisers will state separately the amount of First Party Loss sustained. If they fail to agree, <br />the Insured and the Insurer will submit their differences to an impartial third appraiser jointly selected by both <br />the Insured Entity and the Insurer. A decision agreed to by any two will be binding. The Insured Entity and <br />the Insurer will each bear their own costs with respect to the selection and retention of their appraisals and <br />any disputes arising out of the payment of First Party Loss. The Insurer and the Insured Entity shall jointly <br />bear the costs of the third appraiser. <br />Any appraisal of First Party Loss shall still be subject to all other terms, conditions and exclusions of this <br />policy. <br />V. HEADINGS <br />The descriptions in the headings of this Policy are solely for convenience, and form no part of the terms and <br />conditions of coverage. <br />IN WITNESS WHEREOF, the Insurer has caused this Policy to be signed by its Chairman and Secretary at Chicago, <br />Illinois, but the same shall not be binding upon the Insurer unless countersigned by a duly authorized representative of the <br />Insurer. <br />Chairman Secretary <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />DocuSign Envelope ID: 57A293A7-E790-41D7-BF18-E42777ABBC47