All Risk Property Insurance
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|Insured:||International Paper and its Subsidiaries and Divisions|
|Policy Term:||01/01/2013 - 01/01/2014|
|Coverage:||All risk property insurance policy covering locations in the United States and Canada.|
Lessors of equipment (excluding vehicles):
The contract for the lease of equipment should outline the responsibility for its loss or damage. International Paper's property insurance policy outlined above provides coverage for leased equipment. The deductible for any insured loss will be greater than the value of the leased asset. International Paper affirms our contractual obligations of responsibility for loss or damage to such leased property.
Automobile physical damage:
Vehicles are excluded from the property policy outlined above. International Paper self-insures and assumes the risk of physical damage, with respect to any vehicle which it is contractually obligated to insure, resulting from the perils normally covered under a standard collision and comprehensive insurance policy when such vehicles are in its care, custody, and control.
Property in our care, custody, and control:
International Paper's all-risk property policy outlined here provides coverage for the property of others while in our care, custody, and control that we are contractually obligated to keep insured for physical loss or damage. The coverage is subject to certain deductibles, which in many cases is greater than the value of these assets. In these situations, International Paper affirms our contractual obligation of responsibility for loss or damage to this category of property.
International Paper's all-risk property policy outlined here provides coverage for our personal property and improvements to leasehold interests.
International Paper's all-risk property policy provides coverage for real property that we own or lease (if required by contract to insure). Parties with a real property interest requiring an insurance certificate under the terms of a lease, mortgage or other contractual document should submit a letter with supporting documentation outlining your request to:
Attn: Property/Casualty Risk Manager
6400 Poplar Avenue, T3 7-005
Memphis, TN 38197
How Can We Help You?
International Paper Company
Global Risk Management
6400 Poplar Avenue
Memphis, TN 38197