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Peace of Mind Protection Plan
Limited Damage Waiver

TERMS OF WAIVER

As an enrolled Covered Guest under this plan, staying at a_____________ property, you will not be obligated to pay for theft or damage to covered real or personal property of the owner of the rental unit located within the rental unit that is occupied by the Covered Guest. If the Covered Guest purchases this plan, property managers waive the right to charge the Covered Guest for theft or damage to the unit as a result of your inadvertent acts or omission during the duration of the Stay. The maximum limit of this waiver of liability is $3000 aggregate per stay.

CONDITIONS

The Peace of Mind Protection plan has certain conditions. The plan will not include liability for damage or theft resulting from:

  1. Acts or God
  2. Intentional acts of a Covered Guest
  3. Gross negligence or willful and wanton conduct
  4. Any cause, if the Covered Guest does not report the damage to _____________ staff in writing using the plan forms provided, by the time the Covered Guest checks out of the unit.
  5. Normal wear and tear
  6. Theft without a valid police report
  7. Damages caused by any pet or other animal brought onto the premises by a Covered Guest
  8. This plan does not cover loss of use of the covered property
  9. Coverage does not apply for theft or damage of any property owned by or brought on to the premises by a Covered Guest
DEFINITIONS
  1. A Covered Guest@: All registered guests and all persons booked to share the same unit of accommodations, who have elected to purchase the Peace of Mind Protection plan and have paid the required plan cost.
  2. Stay@: The stay at a ________________ unit from the date of Covered Guest=s check-in to the date of check-out.

ADMINISTRATIVE PROCEDURES

All waivers of theft or damage will be administered by _________________ staff at the property. Such staff will have the sole authority to determine the nature and extent of damages, necessary repairs and eligibility for the waiver of liability described herein. The Covered Guest must report any theft or damage to the unit or its contents to ____________________ staff by the time of checkout or any otherwise applicable damage waiver for such Covered Guest will be void. The resort manager has ultimate claim administration authority. Arbitration is required prior to litigation.

TERMS OF COVERAGE

  1. The plan takes effect upon check in or registration on the booked arrival date to a ______________ unit, together with payment of the plan cost at or before check-in.
  2. All coverage shall terminate upon normal check out time of the ________________ unit or the departure of the Covered Guest, whichever occurs first.

PROTECTION PLAN FEES ARE NON-REFUNDABLE

IMPORTANT NOTE: Payments for the Peace of Mind Protection plan will not be accepted after the guest has entered the unit for the beginning of their stay.

__________provides the Peace of Mind Protection plan. The obligations of ________________ are insured by Virginia Surety Company, Inc.

IF YOU ACCEPT THIS PROTECTION PLAN, THIS DOCUMENT BECOMES PART OF AND IS ATTACHED TO THE LEASE AGREEMENT PLAN FEE: $XXXX/ stay : $XXXX /over 30 days

THIS AGENCY IS COMPENSATED TO PROVIDE THIS PROTECTION PLAN
Plan is designed by MDM Group Associates, Inc.


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MDM Group Associates, Inc.
2620 S. Copper Frontage, G-3     P.O. Box 775330
Steamboat Springs, Colorado 80477
970.879.5560 - Fax 970.879.1462 - 800.942.5913
info@mdmgroup.net
© 2001-2005 MDM Group Associates, Inc.
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