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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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9/26/2016 10:50:27 AM
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9/26/2016 10:50:01 AM
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Resolution/Ordinance
Res Ord Num
R2016-110
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION FOR THE CITY OF DECATUR, ILLINOIS FOR THE POLICY PERIOD OCTOBER 1, 2016 TO OCTOBER 1, 2017
Approved Date
9/19/2016
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City Of Decatur <br /> Program Details (Cont.) <br /> Deductibles/SIRs: <br /> • • <br /> Deductible Maintenance Deductible: - <br /> Deductible Property unless listed below $1,000 <br /> — ------------------ <br /> Deductible Automobile Physical Damage $1,000 <br /> Deductible Mobile Equipment $1,000 <br /> Additional Coverage: <br /> . • • <br /> Coverage Section I - Property: Limit Of Insurance For Each Occurrence: <br /> Data Processing Systems Limit $1,000,000 <br /> Data Processing Media Limit $1,000,000 <br /> Data Processing Extra Expense Limit $300,000 <br /> -- ---------------------._._....._._ --------_.... <br /> Valuable Papers Limit $1,000,000 <br /> ---- -- -....----------------____-- ._...__ <br /> Fine Arts Limit $225,000 <br /> Accounts Receivable Limit $1,000,000 <br /> Extra Expense Limit $1,000,000 <br /> Mobile Equipment Limit $1,000,000 <br /> Transit Limit $1,000,000 <br /> Rental Value Limit $550,000 <br /> Newly Acquired Property Reporting Limit as provided in Coverage Section I Conditions Limit $1,000,000 <br /> AutomaticAcquisition Clause Limit $1,000,000 <br /> Automatic Acquisition Clause-Reporting Threshold-As provided in Condition I, <br /> Automatic Acquisition Clause of Coverage Part I,this insurance is automatically Policy up to: <br /> extended to cover additional property and interests acquired by you during the term of Limit $1,000,000 <br /> this <br /> Valuations: <br /> . � • <br /> Property, Mobile Equipment, Data Processing Equipment, Media Replacement Cost <br /> Auto Physical Damage Actual Cash Value <br /> Perils Covered: <br /> . • <br /> N/A <br /> Arthur J.Uaiagher 12isk Management Services,Inc. <br /> 15 <br />
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