Orange County NC Website
Includes copyrighted material of Insurance Services Office, Inc., <br />with its permission <br />acquired or formed the organization, <br />partnership or limited liability company; <br />does not <br />apply to "personal and advertising injury" <br />arising out of an offense committed before <br />you acquired or formed the organization, <br />partnership or limited liability company; <br />Coverage applies only when operations of <br />the newly acquired organization, <br />partnership or limited liability company are <br />the same or similar to the operations of <br />insureds already covered under this <br />insurance; <br />Coverage only applies for those limited <br />liability companies who have established <br />a date of formation as recorded within the <br />filed state articles of organization, <br />certificates of formation or certificates of <br />organization; and <br />Coverage only applies for those <br />partnerships who have established a date <br />of formation as recorded within a written <br />partnership agreement or partnership <br />certificate. <br />Subparagraph of <br />of <br />is <br />deleted and replaced by the following: <br />A watercraft you do not own that is: <br />Less than 51 feet long; and <br />Not used to carry persons or property for <br />a charge. <br />The last paragraph of <br />is deleted and replaced by the following: <br />No person or organization is an insured with <br />respect to the conduct of any: <br />Current partnership or limited liability <br />company, unless otherwise provided for under <br />Paragraph of <br />; <br />Current joint venture; or <br />Past partnership, joint venture or limited <br />liability company; <br />that is not shown as a Named Insured in the <br />Declarations. <br />is changed as follows: <br />The limit shown in Paragraph for the cost <br />of bail bonds is changed from $250 to $3,000; <br />and <br />The limit shown in Paragraph for loss of <br />earnings because of time off from work is <br />changed from $250 a day to $1,000 a day. <br />The following provision is added to Paragraph <br />of <br />: <br />However, the unintentional omission of, or <br />unintentional error in, any information given or <br />provided by you shall not prejudice your rights <br />under this insurance. <br />This provision does not affect our right to collect <br />additional premium or to exercise our right of <br />cancellation or non-renewal. <br />The following is added to Paragraph <br />of <br />: <br />We waive any right of recovery we may have <br />against any person or organization because of <br />payments we make for injury or damage arising <br />out of your ongoing operations or "your work" and <br />included in the "products-completed operations <br />hazard" when you have agreed in a written <br />contract or written agreement that any right of <br />recovery is waived for such person or <br />organization. This waiver applies only to the <br />person(s) or organization(s) agreed to in the <br />written contract or written agreement and is <br />subject to those provisions. <br />This waiver does not apply unless the written <br />contract or written agreement has been executed <br />prior to the "bodily injury" or "property damage". <br />However, if any person or organization is <br />separately scheduled on a separate waiver of <br />transfer of rights of recovery which is attached to <br />this policy, then this waiver does not apply. <br />The following is added to <br />Docusign Envelope ID: 514EC1E0-3B72-8741-810A-AE00287DD37F