Common use of While Away from the Insured Premises Clause in Contracts

While Away from the Insured Premises. (This coverage applies only when an 80% or higher coinsurance provision is shown on the Declarations page). You may apply up to 2% of the Coverage B limit of insurance, up to $5,000 to your business property covered under this policy while temporarily at locations that you do not own, control, operate or lease. This coverage applies only if loss or damage is caused by a cause of loss covered under this policy. This coverage does not apply to: a. merchandise or stock; b. property held for rental; c. your business samples.

While Away from the Insured Premises. (This coverage applies only when an 80% or higher coinsurance provision is shown on the Declarations page). You may apply up to 2% of the Coverage B limit of insurance, up to $5,000 to your business property covered under this policy while temporarily at locations that you do not own, control, operate or lease. This coverage applies only if loss or damage is caused by a cause of loss covered under this policy. This coverage does not apply to: a. merchandise or stock; b. property held for rental; c. your business samples.