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Coverage Explanations:
ACCOUNTS RECEIVABLE COVERAGE
This coverage provides protection for the following losses:
1. All sums due you from customers, providing you are unable to
effect collection thereof as a direct result of loss or damage to
records of accounts receivable.
2. Interest charges on any loan to offset impaired collections
pending repayment of such sums made uncollectable by such loss or
damage.
3. Collection expense in excess of normal collection cost made
necessary because of such loss or damage.
4. Other expense, when reasonably incurred by you in re-establishing
records of accounts receivable following loss or damage.
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