CTR064872-wos.pdf
PDF 38 KB Posted
- Attached to
- Master Agreement AZ|CTR064872
- Contract number
- CTR064872
- Issued by
- Arizona
About this file
This document is an insurance policy endorsement from The Hanover Insurance Group, specifically a Waiver of Transfer of Rights of Recovery Against Others to Us, modifying a Businessowners Coverage Form. The policy contains a waiver of subrogation in favor of the State of Arizona, including its departments, agencies, boards, commissions, universities, officers, officials, agents, and employees.
The endorsement provides a waiver of recovery rights for injury or damage arising from ongoing operations or work performed under a contract. The waiver applies to payments made for incidents related to the contractor's work, including those within the "products-completed operations hazard". The document does not specify specific goods, services, pricing terms, or contract details beyond the insurance coverage provisions.
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Text version
OD4 H076826 2301703
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
BP 04 97 07 02 Copyright, ISO Properties, Inc., 2001 Page 1 of 1
WAIVEROFTRANSFEROFRIGHTSOFRECOVERY
AGAINSTOTHERSTOUS
This endorsement modifies insurance provided under the following:
BUSINESSOWNERS COVERAGE FORM
SCHEDULE*
Name Of Person Or Organization:
* Information required to complete this Schedule, if not shown on this endorsement, will be shown in the Declarations.
Paragraph K. Transfer Of Rights Of Recovery Against Others To Us in Section III - Common Pol-icy Conditions is amended by the addition of the following:
We waive any right of recovery we may have against the person or organization shown in the Schedule above because of payments we make for injury or damage arising out of your ongoing op-erations or "your work" done under a contract with that person or organization and included in the "products-completed operations hazard". This waiver applies only to the person or organization shown in the Schedule above.
POLICY CONTAINS A WAIVER OF SUBROGATION IN FAVOR OF THE
STATE OF ARIZONA, ITS DEPARTMENTS, AGENCIES, BOARDS,
COMMISSIONS, UNIVERSITIES AND ITS OFFICERS, OFFICIALS,
AGENTS, AND EMPLOYEES FOR LOSSES ARISING FROM WORK
PERFORMED BY OR ON BEHALF OF THE CONTRACTOR.
File details come from the government source that posted it. Updated .