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<br />CRIME COVERAGE <br /> <br />But "employee" does not mean any: <br />(1) Agent, broker, factor, commission merchant, consignee, independent <br />contractor or representative of the same general character; <br /> <br />(2) Elected Officials, except while performing acts coming within the <br />scope of the usual duties of their office: <br /> <br />(3) Appointed Officials, except while performing acts corning within the <br />scope of the usual duties of an employee: or <br /> <br />(4) Persons required by law to be bonded. <br /> <br />2. "Money" means: <br /> <br />a. Currency, coins and bank notes in current use and having a face value; and <br /> <br />b. Travelers checks, register checks and money order held for sale to the public. <br /> <br />3. "Property Other Than Money and Securities" means any tangible property other <br />than "money" and "securities" that has intrinsic value. <br /> <br />4. "Securities" means negotiable and nonnegotiable instruments or contracts representing <br />either" money" or other property and includes: <br /> <br />a. Tokens, tickets, revenue and other stamps (whether represented by aCTUal <br />stamps or unused value in a meter) in current use; and <br /> <br />b. Evidences of debt issued in connection with credit or charge cards, which cards <br />are not issued by you: <br /> <br />but does not include" money. " <br /> <br />B. GENERAL EXCLUSIONS: <br /> <br />We will not pay for loss as specified below: <br /> <br />I. Indirect Loss: Loss that is an indirect result of any act or "occurrence" covered by <br />this Coverage including, but not limited to, loss resulting from: <br /> <br />a. Your inability to realize income that you would have realized had there been <br />no loss of, or loss from damage to, Covered Property. <br /> <br />b. Payment or damages oi any type for which you are legally liable. But, we will <br />. pay compensatory damages arising directly from a loss covered under this <br />Coverage . <br />c. Payment oi costs, fees or other expenses you incur in establishing either the <br />existence or the amOUnt oi loss under this Coverage . <br /> <br />Page 2 <br /> <br />EP321 <br />05112/97 <br />