Small Business Management Series, Issue 30

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Small Business Administration, 1970 - Small business

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Page 65 - Perils not This Company shall not be liable for loss by 12 Included. fire or other perils insured against in this 13 policy caused, directly or indirectly, by: (a) 14 enemy attack by armed forces, including action taken by...
Page 65 - Pro rata liability. This Company shall not be liable for a greater proportion of any loss than the amount hereby insured shall bear to the whole insurance covering the property against the peril involved, whether collectible or not.
Page 65 - ... (b) while a described building, whether intended for occupancy by owner or tenant, is vacant or unoccupied beyond a period of sixty consecutive days...
Page 65 - ... Added Provisions. The extent of the application of insurance under this policy and of the contribution to be made by this Company in case of loss, and any other provision or agreement not inconsistent with the provisions of this policy, may be provided for in writing added hereto, but no provision may be waived except such as by the terms of this policy is subject to change.
Page 65 - No permission affecting this insurance shall exist, or waiver of any provision be valid, unless granted herein or expressed in writing added hereto. No provision, stipulation or forfeiture shall be held to be waived by any requirement or proceeding on the part of this Company relating to appraisal or to any examination provided for herein.
Page 65 - ... right to sue; or it may pay off the mortgage debt and require an assignment thereof and of the mortgage.
Page 65 - POLICY 1 Concealment, This entire policy shall be void if, whether 2 fraud. before or after a loss, the insured has wil3 fully concealed or misrepresented any ma4 terial fact or circumstance...
Page 65 - Company shall not be liable for a greater 87 proportion of any loss than the amount 88 hereby insured shall bear to the whole insurance covering the 89 property against the peril involved, whether collectible or not. 90 Requirements in The insured shall give immediate written 91 case loss occurs. notice to this Company of any loss, protect 92 the property from further damage, forthwith 93 separate the damaged and undamaged personal property, put 94 it in the best possible order, furnish a complete...
Page 31 - The felonious abstraction of insured property * * * from within the premises by a person making felonious entry therein by actual force and violence as evidenced by visible marks made by tools, explosives, electricity or chemicals upon, or physical damage to. the exterior of the premises at the place of such entry.
Page 65 - ... preventing the spread of fire, provided 20 that such fire did not originate from any of the perils excluded 21 by this policy; (i) neglect of the insured to use all reasonable 22 means to save and preserve the property at and after a loss, or 23 when the property is endangered by fire in neighboring prem24 ises; (j) nor shall this Company be liable for loss by theft. 25 OTHER INSURANCE. Other insurance may be prohibited or the 26 amount of insurance may be limited by en27 dorsement attached hereto....

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