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Reso 2011-1759
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Reso 2011-1759
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Last modified
9/22/2011 2:44:05 PM
Creation date
9/22/2011 2:43:58 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2011-1759
Date (mm/dd/yyyy)
09/15/2011
Description
Awd RFP 11-08-01/Comm Policy/Worker Comp/MiscBrown&Brown/PGIT
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<br />FLORIDA MUNICIPAL INSURANCE TRUST <br />RFP No, 11-08-01 <br /> <br />EQUIPMENT BREAKDOWN COVERAGE <br /> <br />Subject to any applicable limits on the Declarations of Building and Personal Property Coverage, the Equipment <br />Breakdown Limit is the most we will pay for loss or damage arising from any.one accident." <br /> <br />These coverages apply to all locations covered on the policy, unless otherwise specified. <br /> <br />J. <br /> <br />Coverages <br /> <br />Limits <br /> <br />Equipment Breakdown Limit <br /> <br />Real & Personal Property limit shown In proposal, <br />Maximum Limit: $50,000,000. <br /> <br />Business Income <br /> <br />Subject to the Business Income Limit shown in proposal. <br /> <br />Extra Expense <br /> <br />Subject to the Extra Expense limit shown in proposal. <br /> <br />Expediting Expense <br /> <br />$250,000 <br /> <br />Hazardous Substances <br /> <br />$100.000 <br /> <br />Spoilage <br /> <br />$250.000 <br /> <br />Data Restoration <br /> <br />$250,000 <br /> <br />Service Interruption <br />(Must exceed 24 hours.) <br /> <br />Included <br /> <br />Water Damage <br /> <br />Included in Property Coverage. <br /> <br />II. Deductibles <br /> <br />Direct Coverages <br /> <br />Subject to the Real & Personal deductible shown In proposal. <br /> <br />Indirect Coverages <br /> <br />Subject to the appropriate Time Element deductible shown <br />in proposal. <br /> <br />III. Other Conditions <br /> <br />.Covered Equipment" does not Include equipment primarily used to generate electric power; however, this <br />exclusion does not apply to emergency generators. <br /> <br />4 <br />
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