ARKANSAS |
SECTION 35 |
HOMEOWNERS |
OPTIONAL LIMITS AND COVERAGES |
RULES
MANUAL
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RULE 35.9E |
DATE: 10-15-2005 |
RULE 35.9E - BUSINESS PURSUITS (CO 24 71) Applies
to: Premier - YES, Premier Plus - YES, Premier Select - YES, Section II - Liability Coverages may be extended for the liability of the insured arising out of business activities. Coverage is excluded if the insured owns the business, is a partner or maintains financial control of the business. Coverage to include corporal punishment is not available. The premium calculation is dependent upon the type of business activity undertaken by the insured. The additional premium is calculated by multiplying the appropriate rate listed below by the proper factor indicated in Rule 35.7B.
In addition, if the limit for Coverage F - Medical Payments to Others is other than $1,000, add the appropriate additional amount indicated in Rule 35.8B to the result calculated above. Endorsement CO 24 71 Business Pursuits will be attached to the policy.
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