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<br />I L 01 '1 09 92 <br /> <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> <br />TEXAS CHANGES - LOSS PAYMENT <br /> <br />This endorsement modifies insurance provided under the following: <br />BOILER AND MACHINERY COVERAGE PART <br />COMMERCIAL CRIME COVERAGE PART <br />FARM COVERAGE PART. LIVESTOCK COVERAGE FORM <br />FARM COVERAGE PART. MOBILE AGRICULTURAL MACHINERY <br />AND EQUIPMENT COVERAGE FORM <br />COMMERCIAL INLAND MARINE COVERAGE PART <br /> <br />A. LOSS PAYMENT <br /> <br />1. With respect to the BOILER AND MACHIN. <br />ERY COVERAGE PART and COMMERCIAL <br />CRIME COVERAGE PART. the following <br />conditions are added. <br />2. With respect to the COMMERCIAL INLAND <br />MARINE COVERAGE PART, the following <br />conditions replace Item E. LOSS PAYMENT <br />in the Commercial Inland Marine Loss Condi. <br />tions. <br />3. Witlnespect to the FARM COVERAGE PART, <br />the following conditions replace paragraphs <br />c. and f. of the Loss Payment Condition: <br />a. Claims Handling <br />(1) Within' 5 days aner we receive wrinen <br />notice of claim. we will: <br />(8) Acknowledge receipt of the claim. <br />If we do not aCknowledge receipt <br />of the claim in writing, we will keep <br />a record of the date, method and <br />content of the acknowledgment: <br />(b) Begin any investigation of the claim; <br />and <br />(c) ReQUest a signed, sworn proof of <br />10$$, specify the information you <br />must provide and supply you with <br />the necessary forms. We .may reo <br />quest more information 8t II later <br />date, if during the investigation of <br />the claim such additional informa. <br />tion is necessary. <br /> <br />. <br /> <br />(2) We will notify you in writing as to <br />whether: <br />(8) .The claim or part of the claim will <br />be paid; <br />(b) The claim or part of the claim has <br />been denied, and inform you of the <br />reasons for denial; _, <br />(c) More information is necessary; or <br />(d) We need additional time to reach 8 <br />decision. If we need additional time. <br />we will inform you of the reasons for <br />such need, <br />We will provide notification, 8S de. <br />scribed in (2)(8) through (2)(d) <br />above, within: <br />(i) , 5 business days after we re- <br />ceive the signed, sworn proof of <br />loss and all information we reo <br />Quested; or <br />(ii) 30 days after we receive the <br />signed, sworn proof of loss and <br />all information we reQuested, if <br />we hav~ reason to believe the <br />loss resulted from arson. <br />If we have notified you that we need <br />additional time to reach a decision, we <br />must then either approve or deny the <br />claim within 45 days of such notice. <br /> <br />. \ <br /> <br />IL 01 '1 09 92 <br /> <br />. Copyright,'lnsurance Services .Qffice, Inc" , 992 <br /> <br />Pegs 1 of 2'" C <br />