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2018-08-22 CC Set Agenda Packet
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2018-08-22 CC Set Agenda Packet
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ELECTRONIC DATA ENDORSEMENT B <br /> Electronic Data Exclusion <br /> Notwithstanding any provision to the contrary within the Policy or any endorsement thereto, it is <br /> understood and agreed as follows:- <br /> a) This Policy does not insure Loss, damage, destruction, distortion, erasure, corruption or <br /> alteration of ELECTRONIC DATA from any cause whatsoever(including but not limited to <br /> COMPUTER VIRUS)or Loss of use, reduction in functionality, cost, expense of whatsoever <br /> nature resulting therefrom, regardless of any other cause or event contributing concurrently <br /> or in any other sequence to the toss. <br /> ELECTRONIC DATA means facts, concepts and information converted to a form useable for <br /> communications, interpretation or processing by electronic and electromechanical data <br /> processing or electronically controlled equipment and includes programmes, software and <br /> other coded instructions for the processing and manipulation of data or the direction and <br /> manipulation of such equipment. <br /> COMPUTER VIRUS means a set of corrupting, harmful or otherwise unauthorised instructions <br /> or code including a set of maliciously introduced unauthorised instructions or code, <br /> programmatic or otherwise, that propagate themselves through a computer system or <br /> network of whatsoever nature. COMPUTER VIRUS includes but is not limited to Trojan <br /> Horses', 'worms!and 'time or logic bombs. <br /> b) However, in the event that a peril Listed below results from any of the matters described in <br /> paragraph a) above, this Policy, subject to all its terms, conditions and exclusions, witi,cover <br /> physical damage occurring during the Policy period to property insured by this Policy directly <br /> caused by such Listed peril. <br /> Listed Perils <br /> Fire <br /> Explosion <br /> 2. Electronic Data Processing Media Valuation <br /> Notwithstanding any provision to the contrary within the Policy or any endorsement thereto, it is <br /> understood and agreed as follows.,- <br /> Should electronic data processing media insured by this Policy suffer physical Loss or damage <br /> insured by this Policy, then the is of valuation shall be the cost of the blank media plus the costs <br /> of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These <br /> costs wit[not include research and engineering nor any costs of recreating, gathering or assembling <br /> such ELECTRONIC DATA. If the is Is not repaired, replaced or restored the basis of valuation <br /> shall be the cost of the blank media. over this Policy does not insure any amount pertaining to <br /> the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC <br /> DATA cannot be recreated, gathered or assembled. <br /> NMA 2915 <br /> 25/01/2001 <br />
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