Limited Fungus And Related Perils Sample Clauses

Limited Fungus And Related Perils a. Subject to the Limited Fungus and Related Perils Coverage Aggregate Limit, "we" pay for direct physical loss or damage to covered property caused by or consisting of "fungus or related perils" that is the direct result of a "specified peril" that occurs during the policy period. The Limited Fungus and Related Perils Coverage Aggregate Limit also applies to any cost or expense to: 1) clean up, contain, treat, detoxify, or neutralize "fungus or related perils" on covered property or remove "fungus or related perils" from covered property; 2) remove and replace those parts of covered property if doing so is necessary to gain access to "fungus or related perils"; and 3) test for the existence or level of "fungus or related perils" following the repair, replacement, restoration, or removal of damaged property if it is reasonable to believe that "fungus or related perils" are present.
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Limited Fungus And Related Perils a. Subject to the Limited Fungus and Related Perils Coverage Aggregate Limit, "we" pay for direct physical loss to covered property caused by or consisting of "fungus or related perils" that is the direct result of a "specified peril" that occurs during the policy period. The Limited Fungus and Related Perils Coverage Aggregate Limit also applies to any cost or expense to: 1) clean up, contain, treat, detoxify, or neutralize "fungus or related perils" on covered property or remove "fungus or related perils" from covered property; 2) remove and replace those parts of covered property if doing so is necessary to gain access to "fungus or related perils"; and 3) test for the existence or level of "fungus or related perils" following the repair, replacement, restoration, or removal of damaged property if it is reasonable to believe that "fungus or related perils" are present. b. Restrictions 1) This additional coverage applies only if all reasonable steps were taken to protect the property at and after the time of the occurrence. 2) This additional coverage does not apply to lawns, trees, shrubs, or plants that are part of a vegetated roof. c. Limited Fungus And Related Perils Coverage Aggregate Limit 1) The Limited Fungus And Related Perils Coverage Aggregate Limit is $15,000. 2) The Limited Fungus and Related Perils Coverage Aggregate Limit is the most that "we" pay for each consecutive annual period and for any remaining period of less than 12 months, beginning with the inception date of this policy as shown on the "declarations". However, if the policy period is extended for an additional period of less than 12 months, this additional period will be considered part of the preceding annual period for the purpose of determining the "limit". 3) The Limited Fungus and Related Perils Coverage Aggregate Limit is the most that "we" pay even if "fungus or related perils" that are the direct result of a specific occurrence recur or continue to exist during this or any future policy period. 4) The Limited Fungus and Related Perils Coverage Aggregate Limit applies regardless of the number of claims made and regardless of the number of premises or buildings insured under this policy. 5) This additional coverage does not increase the "limit" shown for any property, expense, or assessment covered. d. Exceptions -- The limitations set forth by this additional coverage do not apply to: 1) fungus or related perils" that result from fire or lightning; 2) the additional cove...
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Related to Limited Fungus And Related Perils

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