AVOLVE SOFTWARE - Laserfiche WebLink

Home Browse Search

COMMERCIAL GENERAL LIABILITY II - Who Is An Insured, d. Primary And Non —Contributory Insurance except when Paragraph d. If Required By Written Contract below applies. If you specifically agree in a written (b) Any of the other insurance, contract or agreement that the whether primary, excess, insurance afforded to an insured contingent or on any other under this Coverage Part must apply basis, that is available to the on a primary basis, or a primary and insured when the insured is an non-contributory basis, this insurance additional insured, or is any is primary to other insurance that is other insured that does not available to such insured which qualify as a named insured, covers such insured as a named under such other insurance. insured, and we will not share with (2) When this insurance is excess, that other insurance, provided that: we will have no duty under Coverages (1) The "bodily injury" or "property A or B to defend the insured damage" for which coverage is against any "suit" if any other sought occurs; and insurer has a duty to defend the insured against that "suit". If no (2) The "personal and advertising other insurer defends, we will injury" for which coverage is undertake to do so, but we will sought caused by an offense be entitled to the insured's rights that is committed; against all those other insurers. subsequent to the signing of that (3) When this insurance is excess contract or agreement by you. over other insurance, we will pay 5. Premium Audit only our share of the amount of the loss, if any, that exceeds the a. We will compute all premiums for this sum of: Coverage Part in accordance with our rules and rates. (a) The total amount that all such other insurance would pay for b. Premium shown in this Coverage Part the loss in the absence of this as advance premium is a deposit insurance; and premium only. At the close of each audit period we will compute the (b) The total of all deductible and earned premium for that period and self -insured amounts under all send notice to the first Named that other insurance. Insured. The due date for audit and (4) We will share the remaining loss, retrospective premiums is the date if any, with any other insurance shown as the due date on the bill. If that is not described in this the sum of the advance and audit Excess Insurance provision and premiums paid for the policy period was not bought specifically to is greater than the earned premium, apply in excess of the Limits we will return the excess to the first of Insurance shown in the Named Insured. Declarations of this Coverage Part. c. The first Named Insured must keep c. Method Of Sharing records of the information we need for premium computation, and send If all of the other insurance permits us copies at such times as we may contribution by equal shares, we will request. follow this method also. Under this 6. Representations approach each insurer contributes equal amounts until it has paid its By accepting this policy, you agree: applicable limit of insurance or none of the loss remains, whichever comes a. The statements in the Declarations first. are accurate and complete; If any of the other insurance does b. Those statements are based upon not permit contribution by equal representations you made to us; and shares, we will contribute by limits. c, We have issued this policy in reliance Under this method, each insurer's share is based on the ratio of its upon your representations. applicable limit of insurance to the total applicable limits of insurance of all insurers. CG T1 00 02 19 © 2017 The Travelers Indemnity Company. All rights Includes copyrighted material of Insurance Services Office, Inc. Ride MwagzmentDMsian reserved. }40 Fro IRElAEWED & APPROVED BY. - with its permi .. ,. ° " h` --� Rusk K4anagement Analyst