Decarla's Beauty Salon 9/28/2020

98-C6-F927-8 009121 M 9109 CM P-4705.2 Page 3 of 4 Operations Extension Of Coverage CONDITION is primary to any LOSS OF IN- Resumption Of Operations COME AND EXTRA EXPENSE coverage provided by the Inland We will reduce the amount of your: Marine Computer Property Form. 1. "Loss Of Income", other than "Extra Expense", b. The most we will pay in any one occur- to the extent you can resume your "opera- rence under this coverage is $10,000. tions", in whole or in part, by using damaged 3. Off Premises — Loss Of Income or undamaged property (including merchan- dise or stock) at the described premises or a. You may extend the insurance provided by elsewhere. this endorsement to apply to the neces- 2. "Extra Expense" loss to the extent you can sary "suspension" of your business. The return "operations" to normal and discontinue "suspension" must be caused by an acci- such "Extra Expense". dental direct physical loss to Covered DEDUCTIBLE Property while it is in the course of transit or at another premises. No deductible applies to the coverage provisions provided in this "Loss Of Income" endorsement. If the Covered Property is located at an- However, for any loss covered under Paragraph other premises you own, lease, operate, 22.b.(4) of the Equipment Breakdown Extension or regularly use, the insurance provided Of Coverage of your policy, the Special Deducti- under this extension applies only if the ble for Equipment Breakdown will apply to this loss occurs within 90 days after the prop- "Loss Of Income". erty is first moved. DEFINITIONS We will only pay for loss you sustain dur- 1, "Extra Expense" means expense incurred: ing the period beginning immediately after the time of accidental direct physical loss a. To avoid or minimize the "suspension" of caused by any Covered Cause Of Loss business and to continue "operations": and ending when the property should be (1) At the described premises; or repaired, rebuilt or replaced with reasona- (2) At replacement premises or at tempo- ble speed and similar quality. rary locations, including relocation ex- b. The most we will pay in any one occur- penses, and costs to equip and rence under this coverage is $20,000. operate the replacement or temporary EXCLUSIONS locations; We will not payfor: b. To minimize the "suspension" of business if you cannot continue"operations"; or 1. Any "Extra Expense", or increase of "Loss Of c. To: Income", caused by: (1) Repair or replace any property; or a. Delay in rebuilding, repairing or replacing the property or resuming "operations", due (2) Research, replace or restore the lost to interference at the location of the rebuild- information on damaged "valuable pa- ing, repair or replacement by strikers, pick- eters, pa- pers and records" or any others charged with rebuilding, to the extent it reduces the amount of loss that repairing or replacing property; or otherwise would have been payable under this coverage or"Loss Of Income" coverage. b. Suspension, lapse or cancellation of any license, lease or contract. But if the sus- 2. "Loss Of Income" means the sum of the pension, lapse or cancellation is directly amounts as described in a. and b. below: caused by the "suspension" of your "oper- a. Net Income (net profit or loss before in- ations", we will cover such loss that affects come taxes) that would have been earned your "Loss Of Income" during the "period or incurred if no accidental direct physical of restoration". loss had occurred, including: 2. Any other consequential loss. (1) "Rental value"; ©, Copyright,State Farm Mutual Automobile Insurance Company, 2016 Includes copyrighted material of Insurance Services Office, Inc., with its permission. CONTINUED