ROT definition
Examples of ROT in a sentence
Additional Coverages Limit Equals the Following Percentage of the Amount of Insurance Shown Above Burglary 100% Debris Removal 25% Transit 100% Extra rental Space 25% Additional Covered Causes of Loss Sublimits Flood $1,000 Rodent, Vermin, Moth or Insect Damage $500 Mold, Mildew, Fungus or Wet or Dry Rot $500 I acknowledge that I have elected to purchase insurance from Old Republic Insurance Company.
However, additional living expense due to remediation of mold, fungus, wet rot or dry rot will not be paid in addition to any amounts paid or payable under Section I, Conditions Mold, Fungus, Wet Rot and Dry Rot Remediation as a Direct Result of a Covered Water Loss.
This insurance applies separately to each “insured” except with respect to the Aggregate Sublimit of Liability of $50,000 described under Section II, Conditions 1.c. – Sublimit of Liability for “Fungi,” Mold, Wet Or Dry Rot, or Bacteria Coverage.
The purpose of this plan is to provide insured clients, who have had an outbreak of Bacterial Ring Rot (BRR), Nematodes, or Potato Wart, with assistance to, offset a portion of the losses and additional costs that are incurred, imposed or required to deal with the outbreaks and thus, enable the operation to continue production.
Except as provided in Section 5.1.4 hereof, this Agreement is not made for the benefit of any person, firm, corporation or association other than the parties hereto.