Common use of Limits of Coverage Clause in Contracts

Limits of Coverage. Liability and Motor Vehicle Physical Damage Limits of Coverage Per Occurrence Annual Aggregate Member All Members Member All Members 1 Liability 15,000,000 N/A N/A N/A 2 Judicial Tenure N/A N/A N/A N/A 3 Sewage System Overflows 0 N/A 0 N/A 4 Volunteer Medical Payments 25,000 N/A N/A N/A 5 First Aid 2,000 N/A N/A N/A 6 Vehicle Physical Damage 1,500,000 N/A N/A N/A 7 Uninsured/Underinsured Motorist Coverage 100,000 N/A N/A N/A (per person) Uninsured/Underinsured Motorist Coverage (per occurrence) 250,000 N/A N/A N/A 8 Michigan No-Fault Per Statute N/A N/A N/A 9 Terrorism 5,000,000 N/A N/A 5,000,000 Property and Crime Limits of Coverage Per Occurrence Annual Aggregate Member All Members Member All Members 1 Buildings and Personal Property 126,976,597 350,000,000 N/A N/A 2 Personal Property in Transit 2,000,000 N/A N/A N/A 3 Unreported Property 5,000,000 N/A N/A N/A 4 Member's Newly Acquired or Constructed Property 5,000,000 N/A N/A N/A 5 Fine Arts 2,000,000 N/A N/A N/A 6 Debris Removal (25% of Insured direct loss plus) 25,000 N/A N/A N/A 7 Money and Securities 1,000,000 N/A N/A N/A 8 Accounts Receivable 2,000,000 N/A N/A N/A 9 Fire Protection Vehicles, Emergency Vehicles, and Mobile Equipment (Per Unit) 0 10,000,000 N/A N/A 10 Fire and Emergency Vehicle Rental (12 week limit) 0 per week N/A N/A N/A 11 Structures Other Than a Building 5,000,000 N/A N/A N/A 12 Storm or Sanitary Sewer Back-Up 1,000,000 N/A N/A N/A 13 Marine Property 1,000,000 N/A N/A N/A 14 Other Covered Property 10,000 N/A N/A N/A 15 Income and Extra Expense 5,000,000 N/A N/A N/A 16 Blanket Employee Fidelity 1,000,000 N/A N/A N/A 17 Faithful Performance Per Statute N/A N/A N/A 18 Earthquake 5,000,000 N/A 5,000,000 100,000,000 19 Flood 5,000,000 N/A 5,000,000 100,000,000 20 Terrorism 50,000,000 50,000,000 N/A N/A 7/1/2013 7/1/2013 Data Breach and Privacy Liability, Data Breach Loss to Member, Electronic Media Liability, and Breach Mitigation Expense Limits of Coverage Per Occurrence/Claim Annual Aggregate Member Member All Members Coverage A -- Data Breach and Privacy Liability Coverage: Each Claim: $5,000,000 Included in the limit above $5,000,000 $25,000,000 Coverage B -- Data Breach Loss to Member Coverage: Each Unauthorized Access: Included in the limit above Coverage C -- Electronic Media Liability Coverage: Each Claim: Included in the limit above Coverage D -- Breach Mitigation Expense Coverage: Each Unintentional Data Compromise: Included in the limit above The total liability of MMRMA shall not exceed $5,000,000 per Member aggregate Limit of Liability for coverages A, B, C, and D, in any coverage period. The total liability of MMRMA shall not exceed $25,000,000 for All Members aggregate Limit of Liability for coverages A, B, C, and D, from July 1, 2017, to June 30, 2018. Data Breach and Privacy Liability, Data Breach Loss to Member, Electronic Media Liability, and Breach Mitigation Expense Deductible Per Occurrence/Claim Coverage A -- Data Breach and Privacy Liability Coverage: Each Claim: $25,000 Coverage B -- Data Breach Loss to Member Coverage: Each Unauthorized Access: $25,000 Coverage C -- Electronic Media Liability Coverage: Each Claim: $25,000 Coverage D -- Breach Mitigation Expense Coverage: Each Unintentional Data Compromise: $25,000 Specialized Emergency Response Expense Recovery Limits of Coverage per Occurrence Annual Aggregate Specialized Emergency Response Expense Recovery Deductible per Occurrence Coverages per Member Coverage Overview: $503,190 Stop Loss Coverage: $0 Member Loss Fund Deposit: $0 TOTAL ANNUAL CONTRIBUTIONS: $503,190

Appears in 1 contract

Sources: Renewal Agreement

Limits of Coverage. Liability and Motor Vehicle Physical Damage Limits of Coverage Per Occurrence Annual Aggregate Member All Members Member All Members 1 Liability 15,000,000 N/A N/A N/A 2 Judicial Tenure N/A N/A N/A N/A 3 Sewage System Overflows 0 N/A 0 N/A 4 Volunteer Medical Payments 25,000 N/A N/A N/A 5 First Aid 2,000 N/A N/A N/A 6 Vehicle Physical Damage 1,500,000 N/A N/A N/A 7 Uninsured/Underinsured Motorist Coverage 100,000 N/A N/A N/A (per person) Uninsured/Underinsured Motorist Coverage (per occurrence) 250,000 N/A N/A N/A 8 Michigan No-Fault Per Statute N/A N/A N/A 9 Terrorism 5,000,000 N/A N/A 5,000,000 Property and Crime Limits of Coverage Per Occurrence Annual Aggregate Member All Members Member All Members 1 Buildings and Personal Property 126,976,597 131,718,785 350,000,000 N/A N/A 2 Personal Property in Transit 2,000,000 N/A N/A N/A 3 Unreported Property 5,000,000 N/A N/A N/A 4 Member's Newly Acquired or Constructed Property 5,000,000 10,000,000 N/A N/A N/A 5 Fine Arts 2,000,000 N/A N/A N/A 6 Debris Removal (25% of Insured direct loss plus) 25,000 N/A N/A N/A 7 Money and Securities 1,000,000 N/A N/A N/A 8 Accounts Receivable 2,000,000 N/A N/A N/A 9 Fire Protection Vehicles, Emergency Vehicles, and Mobile Equipment (Per Unit) 0 5,000,000 10,000,000 N/A N/A 10 Fire and Emergency Vehicle Rental (12 week limit) 0 1,000 per week N/A N/A N/A 11 Structures Other Than a Building 5,000,000 15,000,000 N/A N/A N/A 12 Storm or Sanitary Sewer Back-Up 1,000,000 N/A N/A N/A 13 Marine Property 1,000,000 N/A N/A N/A 14 Other Covered Property 10,000 N/A N/A N/A 15 Income and Extra Expense 5,000,000 N/A N/A N/A 16 Blanket Employee Fidelity 1,000,000 N/A N/A N/A 17 Faithful Performance Per Statute N/A N/A N/A 18 Earthquake 5,000,000 N/A 5,000,000 100,000,000 19 Flood 5,000,000 N/A 5,000,000 100,000,000 20 Terrorism 50,000,000 50,000,000 N/A N/A 7/1/2013 7/1/2013 Data Breach Network and Privacy Information Security Liability, Data Breach Loss to Member, Electronic Media Injury Liability, and Network Security Loss, Breach Mitigation Expense Expense, PCI Assessments, Social Engineering Loss, Reward Coverage, Telecommunications Fraud Reimbursement. Limits of Coverage Per Occurrence/Claim Annual Aggregate Member Member All Members Deductible Per Occurrence/Claim Retroactive Date $5,000,000 Coverage A -- Data Breach Nework and Privacy Liability CoverageInformation Security Liability: Regulatory Fines: Each Claim: $5,000,000 Claim Included in the limit above Each Claim Included in limit above $5,000,000 $25,000,000 25,000 Each Claim 7/1/2013 Coverage B -- Data Breach Media Injury Liability Each Claim Included in limit above $25,000 Each Claim Coverage C Network Security Loss to Member CoverageEach Unauthorized Access Included in limit above $25,000 Each Unauthorized Access 7/1/2013 Network Security Business Interruption Loss: Each Unauthorized Access: Business Interruption Loss Included in the limit above Coverage C -- Electronic Media Liability Coverage: Each Claim: Included in the limit above Retention Period of 72 hours of Business Interruptoin Loss Occurrence Coverage D -- Breach Mitigation Expense CoverageExpense: Each Unintentional Data Compromise: Compromise Included in the limit above $25,000 Each Unintentional Data Compromise Occurrence Coverage E PCI Assessments: Each Payment Card Breach $1,000,000 Occ./$1,000,000 Agg. Included in limit above $25,000 Each Payment Card Breach Occurrence Coverage F Social Engineering Loss: Each Social Engineering Incident $100,000 Occ./$100,000 Agg Included in limit above $25,000 Each Social Engineering Incident Occurrence Coverage G Reward Coverage Maximum of 50% of the Covered Claim or Loss; up to $25,000 Included in Limit above Not Applicable Occurrence Coverage H Telecommunications Fraud Reimbursement $25,000 Included in limit above Not Applicable Occurrence $5,000,000 The total liability of MMRMA shall not exceed $5,000,000 per Member aggregate Aggregate Limit of Liability for coverages A, B, C, D, E, F, G, and DH, in any coverage periodCoverage Period. The total liability Liability of MMRMA and MCCRMA shall not exceed $25,000,000 for All Members aggregate Combined Aggregate Limit of Liability for coverages A, B, C, and D, from July 1E, 2017F, to June 30, 2018. Data Breach and Privacy Liability, Data Breach Loss to Member, Electronic Media LiabilityG, and Breach Mitigation Expense Deductible Per Occurrence/Claim H, in any Coverage A -- Data Breach and Privacy Liability Coverage: Each Claim: $25,000 Period. It is the intent of MMRMA that the coverage afforded under the Subjects of Coverage B -- Data Breach Loss be mutually exclusive. If however, it is determined that more than one Subject of Coverage applies to Member Coverage: Each Unauthorized Access: $25,000 one coverage event ensuing from a common nexus of fact, circumstance, situation, event, transaction, or cause, then the largest of the applicable Deductibles for the Subjects of Coverage C -- Electronic Media Liability Coverage: Each Claim: $25,000 Coverage D -- Breach Mitigation Expense Coverage: Each Unintentional Data Compromise: $25,000 will apply. Specialized Emergency Response Expense Recovery Limits of Coverage per Occurrence Annual Aggregate Specialized Emergency Response Expense Recovery Deductible per Occurrence Coverages per Member This addendum modifies the Liability and Motor Vehicle Physical Damage Coverage Overview: $503,190 Stop Loss Coverage: $0 Member Loss Fund Deposit: $0 TOTAL ANNUAL CONTRIBUTIONS: $503,190Document A. LIMITATIONS OF COVERAGE, PROCEDURES, EXCLUSIONS, DEFINTIONS.

Appears in 1 contract

Sources: Liability Insurance Agreement