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HomeMy WebLinkAboutCOI - Securance, LLC - Expires 2023-02-10DocuSign Envelope ID: 4F641C7A-B565-4703-86F4-4633DAEE1B57 DocuSign Envelope ID: 4F641C7A-B565-4703-86F4-4633DAEE1B57 DocuSign Envelope ID: 4F641C7A-B565-4703-86F4-4633DAEE1B57 Unique Market Reference No. B087521C9N5051, B087521C9N5053 ©2019 CFC Underwriting Ltd, All Rights Reserved ADDITIONAL INSURED ENDORSEMENT ATTACHING TO POLICY NUMBER: ESK0138892322 THE INSURED:Securance, LLC WITH EFFECT FROM:10 Feb 2022 It is understood and agreed that the following amendments are made to this Policy: 1. The following DEFINITION is added: "Additional insured" means City of Gilroy (Effective From: 10 Dec 2021) 7351 Rosanna Street Gilroy, CA 95020 US 2. Where an “Additional insureds” CONDITION exists in this Policy, additional insureds are included as a third party. 3. Where an “Additional insureds” CONDITION does not exist in this Policy, the following CONDITION is added: Additional insureds Additional insureds are indemnified under this Policy as if they were you, but only in respect of sums which they become legally obliged to pay (including liability for claimants' costs and expenses) as a result of any claim arising solely out of an act, error or omission committed by you or on your behalf, provided that had the claim been made against you, then you would be entitled to indemnity under this Policy. Before we indemnify any additional insured, they must prove to us that the claim arose solely out of an act, error or omission committed by you or on your behalf and fully comply with CONDITION 1 as if they were you. When this CONDITION applies, it will be primary and non- contributory to the additional insured's own insurance but only if you and the additional insured have entered into a contract that contains a provision requiring this. Whilst additional insureds are indemnified under this Policy, any claim made by additional insureds against you will be treated by us as if they were a third party and not as a named insured. 4. The following CONDITION is added: Notice of cancellation to additional insureds If we give you notice of cancellation in accordance with the “Cancellation” CONDITION, we will endeavour to provide the same notice of cancellation to additional insureds; however, not doing so will not place any additional liability upon us. DocuSign Envelope ID: 4F641C7A-B565-4703-86F4-4633DAEE1B57 Unique Market Reference No. B087521C9N5051, B087521C9N5053 ©2019 CFC Underwriting Ltd, All Rights Reserved SUBJECT OTHERWISE TO THE TERMS AND CONDITIONS OF THE POLICY Authorised Signatory CFC Underwriting Ltd DocuSign Envelope ID: 4F641C7A-B565-4703-86F4-4633DAEE1B57