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R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
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R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
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7/8/2019 8:51:12 AM
Creation date
7/2/2019 4:32:43 PM
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Resolution/Ordinance
Res Ord Num
R2019-95
Res Ord Title
R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
Department
Public Works
Approved Date
7/1/2019
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""' ���� ��� �� � <br /> ... . ...'ti'4:.�'ii 3 1;..�._....!�Z.��t�e <br /> � <br /> � � � 'p es � <br /> G00CC�11�$$1'C!!AZ� <br /> The Genera[Aggregate fimit is tha most money the fnsurer vrill pay under a certain covarage for al!ciaims occurring <br /> during thc�licy teana, <br /> Premisestd�ra�ions <br /> Coverage is prnvided for dam�ges arising ont of ownership or occupancy of t6c insured proe�nises when not <br /> maintained in a reasanabie man�er. 1'his also covera eiamages arising out vf operations�aformed by the iasnred <br /> business. <br /> ProductsJCompieted Operations <br /> Products coverage is pravided far damages ttrising out af prodacts manufacturcd,so1d,l�andted ar distribu#ed by t6e <br /> iusured. Con€pleted Operations covecs damages oceurrin�a�tes ogerations have been completed ar abandoned,or <br /> after an ftem is inst�Iled ar bni}#and released for I�s intended pnrpase. <br /> 119ettical Earnensa Liim�t <br /> Medical payments cavarage pays medic�l e�penses resulting from bodily i�n,jury cansed by an aecidanY on premises <br /> -^ owned or renied by the insurtd,or locadons aezt to such prnperty,or when eaused by the insnred's operstio�s. <br /> These payments are�nade wi#hout regartt to#heliab�ity a�fffi��nsuced <br /> ��jrre Daraage Liu€rtirt <br /> The Fire Damage bimit provides coverage for fire damage+�used by negligence an the part of the insared ta <br /> gremises reQted to the named insure+d. If a#`are oecors becanse of ne�ligene�e of the insared and caases damage to <br /> praperty not rented to the insured,coverage wauid be provided under the occurreece limit. <br /> Pers+nnal Iniurv <br /> Personal Injury mesns injnry other t6�n 6odHy injury. Coverage is prav€tkd for injnry resutbtng from affenses sueh <br /> as false arre.sk,mal�eious prasecation,deten#+un ar imprisor�mcnt,#he wran�fui entry inta,wron�fnl evic#':on fram <br /> and other act�ui iavasioa,or righks uf priroate occupaucy of a rnoa�. Coverage for libel�ud sMandor is also provided <br /> un the policy. <br /> Adverkisin�;;fniurY <br /> This coverage pays for da�nag�s done i3n t6e cuurse o�ora!or writteu advertisemen#that cl�sparages,tibels or <br /> slanders a person's ar organizatioa's goods,pradncts or services. Coverage for these offenses is provided ua�der <br /> advertising insury cover�ge aniy if t#ey occur dnring the course of advertising ttie named insured's own goods, <br /> products or services. <br /> Each Uccurrence <br /> �ac}�accident is considered to be an occurrence,whic6 cou�ld include eontinuous or repe�ated exposure ta the same <br /> haren�fu�l cottditions. An occurrencc can aiso be a sadden event,ar a resuEt af a long tersu series of events. <br />
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