Common use of Settlement Options Clause in Contracts

Settlement Options. Sylvan Union School District will pay for the cost of repair of the insured device to include parts and labor, minus any applicable deductible. If the device cannot be repaired, an equivalent replacement of Sylvan Union School District choosing will be provided. If a replacement device is provided, this coverage will transfer to the replacement device for the duration of the policy. While a student’s device is being repaired the student will be issued a loaner device of Sylvan Union School District choosing. The policy will cover the loaner device until the student’s original device is returned or a permanent replacement device is issued. Coverage may be denied if the student willfully defrauds, conceals, and/or misrepresents any material information about the cause of damage or loss of the device. ● Accidental damage, drop, liquid spills, and submersion ● Theft, burglary, robbery (requires official police report) ● Vandalism (requires official police report or school administrator incident report) ● Fire, flood, natural disaster ● Power surge ● Damaged or worn A/C Adapter (also referred to as the Power Charger) ● Mechanical failure or defect ● Dishonest and/or intentional acts, vandalism ● Tampering with or unauthorized attempts to repair the device. ● Unexplained loss or mysterious disappearance ● Loss or damage to accessories, software and data ● Corrosion and rust ● Cosmetic damage ● Government seizure

Appears in 3 contracts

Sources: District Technology Resources Responsible Use Agreement, District Technology Resources Responsible Use Agreement, District Technology Resources Responsible Use Agreement