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There is a $25 deductible per occurrence. The Plan must be purchased within twelve (12) months from the original date of registration. This is the date as recorded by Mercury from the information submitted by the dealer who sold you the boat or engine. Second owners are also eligible to purchase the Plan within twelve (12) months of this original date of registration. The addition or replacement of parts or accessories not approved by Mercury Marine or which are not installed by an authorized Mercury dealer will be cause for your Mercury Product Protection to be cancelled. The total claims paid out over the life of
this Contract shall not exceed the Limit of Liability. If the total claims paid
out by Mercury Marine reach this Limit of Liability, Mercury Marine shall be deemed to have
completed all of its obligations under this Contract, the amount paid for this
Contract by the purchaser shall have been fully earned by Mercury Marine, and
this Contract will be fulfilled and terminated. Purchaser will be personally
responsible for payment of any costs of repair exceeding the Limit of Liability.
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