Laserfiche WebLink
THIS ENDORSEMENT CHANGES THE <br />COMMERCIAL AUTOMOBILE <br />This endorsement modifies insurance provided under the <br />BUSINESS AUTO COVERAGE FORM <br />This endorsement modifies the Business Auto Coverage Form. <br />1 EXTENDED CANCELLATION CONDITION Paragraph <br />A.2.b - CANCELLATION - of the COMMON POLICY <br />CONDITIONS form IL 00 17 is deleted and replaced with the <br />following: <br />b 60 days before the effective date of cancellation if we cancel <br />for any other reason. <br />2. BROAD FORM INSURED <br />A. Subsidiaries and Newly Acquired or Formed <br />Organizations As Insureds <br />The Named Insured shown in the Declarations is amended to <br />include: <br />1 Any legally incorporated subsidiary in which you own more <br />than 50% of the voting stock on the effective date of the <br />Coverage Form. However, the Named Insured does not include <br />any subsidiary that is an "insured" under any other automobile <br />policy or would be an "insured" under such a policy but for its <br />termination or the exhaustion of its Limit of Insurance. <br />2. Any organization that is acquired or formed by you and over <br />which you maintain majority ownership. However, the Named <br />Insured <br />COMMERCIAL AUTOMOBILE <br />Policy # (15)9947-3477 <br />POLICY. PLEASE READ IT CAREFULLY. <br />BROAD FORM ENDORSEMENT <br />following: <br />does not include any newly formed or acquired organization. <br />(a) That is an "insured" under any other automobile policy; <br />(b) That has exhausted its Limit of Insurance under any other <br />policy; or <br />(c) 180 days or more after its acquisition or <br />formation by you, unless you have given us written notice of the <br />acquisition or formation. <br />Coverage does not apply to "bodily injury" or "property damage" <br />that results from an "accident" that occurred before you formed <br />or acquired the organization. <br />B Employees as Insureds <br />Paragraph A.1 - WHO IS AN INSURED - of SECTION II - <br />LIABILITY COVERAGE is amended to add the following: <br />d. Any "employee" of yours while using a covered "auto" you <br />don't own, hire or borrow in your business or your personal <br />affairs. <br />C. Lessors as Insureds <br />Paragraph A.1 - WHO IS AN INSURED - of SECTION II - <br />LIABILITY COVERAGE is amended to add the following: <br />e. The lessor of a covered "auto" while the "auto" is leased to <br />you under a written agreement if• <br />Form: 16-02-0292 (Ed. 9-10) <br />"Includes copyrighted material of Insurance Services Office, Inc. with its permission" <br />Attachment Code• D491569 <br />Certificate ID• 12249244 <br />Page 1 of 4 <br />66 <br />