SGI CANADA Special Coverages policy booklet

Part III – Special Belongings Coverage
Your Cover Page will show if you have special belongings coverage and
the type of special belongings that are covered. It will indicate the perils
insured by showing the Cover Code that applies. Special belongings
are subject to the perils insured in Part II and all the exclusions and
conditions of Part V. Special belongings are covered only while at your
premises or while temporarily away from your premises.
Conditions for Certain Special Belongings
Boats, their Equipment, Accessories, Outboard Motors,
and Jet Propulsion Personal Watercraft, including Unlicensed
Boat Trailers
— coverage is limited to Canada and the continental U.S.A.
— we will not pay for loss or damage when:
— they are rented to other(s) or used to carry passengers for a fee.
— they collide with ice while in the water.
— they are used in any race or speed test.
— they are not being operated in accordance with the Canada
Shipping Act regulations governing age and horse power
restrictions and operator competency requirements.
— we will not pay for loss or damage caused by freezing.
— we will not pay for damage to a propeller or impeller, if that is the only
part that is damaged. If other parts of your unit are damaged at the
same time, then we will pay.
Added Features: If you insure a boat, motor or a jet propulsion personal
watercraft we will pay up to $2,500 for damage to a new unit acquired by
you as owner, if it does not replace insured property. Should the new unit
replace an item we already insure, then we will pay up to the amount of
protection shown on the Cover Page for the replaced property, if it is more
than $2,500.
We will not pay for damage to new or replacement property when you
have not told us of your ownership within 30 days after its delivery.
Home Computers
Coverage for your computer equipment, component parts, and active data
processing media which are owned, leased, or rented by you. We do not
cover those things if they are used professionally or for any business,
including farming, unless this use is shown on your Cover Page.
“Active data processing media” means all forms of converted data,
program vehicles, and instruction vehicles that you use.
We will not cover loss or damage:
— to accounts, bills, evidence of debt, valuable papers, records,
abstracts, deeds, manuscripts, or other documents, except as they
may be converted to a data processing media form and then only in
that form.
— to any active data processing media which cannot be replaced with
other of similar kind and quality.
— to data processing media caused by failure, breakdown or
malfunction of the system on which it is being run unless loss or
damage is caused by ensuing fire or explosion and then only for such
ensuing loss or damage.
— caused by dryness or dampness of atmosphere, extremes of
temperature, corrosion, or rust, unless directly resulting from physical
damage to the data processing system’s air conditioning facilities,
caused by an insured peril.
14