Common use of Business Property Clause in Contracts

Business Property. The COVERAGE B – PERSONAL PROPERTY, Special Limits of Liability, item b., for property used or intended for use in a busi- ness, including merchandise held as samples or for sale or for delivery after sale, is changed as follows: The $1,500 limit is replaced with the amount shown in the Declarations for this option.

Appears in 2 contracts

Samples: Condominium Unitowners Policy, Condominium Unitowners Policy

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Business Property. The COVERAGE B – PERSONAL PROPERTY, Special Limits of Liability, item b., for property used or intended for use in a busi- ness, including merchandise held as samples or for sale or for delivery after sale, is changed as follows: The $1,500 limit is replaced with the amount shown in the Declarations for this option.. Option BU – Business Pursuits. SECTION II – EXCLU- SIONS, item 1.b. is modified as follows:

Appears in 1 contract

Samples: Homeowners Insurance Policy

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Business Property. The COVERAGE B – PERSONAL PROPERTY, Special Limits of Liability, item b., for property used or intended for use in a busi- ness, including merchandise held as samples or for sale or for delivery after sale, is changed as follows: The $1,500 limit is replaced with the amount shown in the Declarations for this option.. Option BU – Business Pursuits. SECTION II – EX- CLUSIONS, item 1.b. is modified as follows:

Appears in 1 contract

Samples: Homeowners Insurance Policy

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