Novex Insurance Company
Attached to and forming part Commercial General Liability Insurance form LR02N (03/09).
This endorsement changes the policy. Please read it carefully.
This endorsement modifies insurance provided under the following:
Please read it carefully.
Watercraft Exclusion
This endorsement changes the policy. Please read it carefully.
Exclusion f . is deleted and replaced by the following:
f. “Bodily injury” or “property damage” arising out of the ownership, maintenance, use, operation, loading or unloading, or
entrustment to others, by or on behalf of any Insured of any watercraft.
This exclusion does not apply to:
(1) A watercraft while ashore on premises the Named Insured owns or rents;
(2) A watercraft the Named Insured does not own that is:
(a) Less than 16 meters long; and
(b) Not being used to carry persons or property for a charge;
(3) A watercraft the Named Insured owns that is:
(a) A “non-motorized watercraft”; and
(b) A “motorized” watercraft that is no more than 16 feet (16’) in length and used only for safety purposes during dragon boat training and races.
(c) Not being used to carry persons or property for a charge;
(4) “Bodily injury” to an employee of the Insured on whose behalf contributions are made by or required to be made by the Insured under the provisions of any Canadian provincial or territorial workers compensation law, if the "bodily injury" results from an "occurrence" involving watercraft.
The following is added under SECTION IV – DEFINITIONS :
33. "Non-motorized watercraft " means rowboats, canoes, and watercraft including Dragon Boats used for the Insured’s Dragon Boat fundraising races (including the training and preparation for such events) which are designed and/or modified to be used for that purpose.
Except as otherwise provided by this endorsement, all terms, conditions and attachments of this policy shall remain unchanged.
Form No. GE0004 (05-09) Page 1 of 2