OTHER-2025-002-Contract Amendment with Vaco, LLC for Payroll Audit Services

Browse Search

COMMERCIAL GENERAL LIABILITY Part, those rights are transferred to us . The 4. A Supplemental Extended Reporting Period is insured must do nothing after loss to impair them . available , but only by an endorsement and for an At our request, the insured will bring " suit" or extra charge . This supplemental period starts with transfer those rights to us and help us enforce the end of the policy period and lasts for three them . years or an unlimited period of time , as set forth 9 . When We Do Not Renew in the Supplemental Extended Reporting Period Endorsement. This supplemental period replaces If we decide not to renew this Coverage Part, we the Basic Extended Reporting Period . will mail or deliver to the first Named Insured shown in the Declarations written notice of the This Supplemental Extended Reporting Period nonrenewal not less than 30 days before the will not go into effect unless we receive all of the expiration date . following within 90 days after the end of the policy period and you have fulfilled all other duties , and If notice is mailed , proof of mailing will be complied with all other conditions and sufficient proof of notice. requirements , under this policy : 10 . Cancellation , Nonrenewal And Renewal a . A written request from you to purchase the Conditions Applicable To Commercial General Supplemental Extended Reporting Period ; Liability Coverage Part b . Full payment of the earned premium for this All conditions relating to cancellation , nonrenewal policy; or renewal that are included in any endorsement applicable to the Commercial General Liability c . Payment of the additional premium for the Coverage Part attached to this policy also apply Supplemental Extended Reporting Period to this Coverage Part . Endorsement; and SECTION VI — EXTENDED REPORTING PERIODS d . Repayment of any deductible you owe us 1 . We will provide one or more Extended Reporting under this Coverage Part . Periods , as described below, if: We will determine the additional premium for that a . This Coverage Part is cancelled or not endorsement in accordance with our rules and renewed for any reason ; or rates . The additional premium for the Supplemental Extended Reporting Period b . We renew or replace this Coverage Part with Endorsement will not exceed 200% of the annual insurance that has a Retroactive Date later premium for this policy . than the date shown in the Declarations . This endorsement will set forth the terms , not 2 . The Extended Reporting Periods do not extend inconsistent with this Section VI — Extended the policy period or change the scope of coverage Reporting Periods , applicable to the provided . They only apply to claims or " suits " for p g pp Supplemental Extended Reporting Period , loss caused by a negligent act, error or omission including a provision to the effect that the committed on or after the Retroactive Date shown insurance afforded for claims or " suits" first made in the Declarations and before the end of the policy period . or brought against any insured during such period is excess over any valid and collectible other Once in effect, Extended Reporting Periods may insurance available under insurance in force after not be canceled . the Supplemental Extended Reporting Period 3 . A Basic Extended Reporting Period is starts . automatically provided without additional charge . The Supplemental Extended Reporting Period This period starts with the end of the policy period does not reinstate or increase the limits of and lasts for 90 days . insurance . The Basic Extended Reporting Period does not SECTION VII — DEFINITIONS apply to claims or " suits" for loss covered under subsequent insurance you purchase, or that 1 . "Administration" means : would be covered under such insurance but for a . Providing information to " employees" , the exhaustion of its applicable limit of insurance . including their dependents and beneficiaries , The Basic Extended Reporting Period does not with respect to eligibility for or scope of the reinstate or increase the limits of insurance . "employee benefit program'; CG Tel 01 01 16 © 2016 The Travelers Indemnity Company. All rights reserved . Page 7 of 9 Includes copyrighted material of Insurance Services Office, Inc. with its permission .