ORANGE COUNTY CHILDREN THERAPEUTIC ARTS CENTER (2)

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payment of premium. The Automatic Extended Reporting Period does NOT apply to a claim that is covered under any subsequent insurance you purchase, or that would be covered, but for exhaustion of the amount of insurance otherwise applicable to such claim. 3. Optional Extended Reporting Period a. If the "Underlying Insurance" provides coverage on a claims -made basis then an Optional Extended Reporting Period is available only by an endorsement and for an additional charge. The Optional Extended Reporting Period starts at the end of this policy, either by cancellation or expiration, and will be equal in length to the Optional Extended Reporting Period you purchase as to the applicable "Underlying Insurance." A "claim" first made during this Optional Extended Reporting Period will be deemed to have been made during the policy period of this policy, and will be subject to the Limits of Liability set forth in SECTION 2 - LIMITS OF LIABILITY. b. The Named Insured listed in the Declarations to this policy must give us a written request for the Optional Extended Reporting Period, togetherwith paymentof the appropriate premium, within 30 days after the cancellation or non -renewal of this policy. This additional premium shall be fully earned at the inception of the Optional Extended Reporting Period. c. We will determine the additional premium for the Optional Extended Reporting Period in accordance with our rates. d. The Optional Extended Reporting Period is excess over any other insurance available under a policy or policies in force after the Optional Extended Reporting Period starts. 4. How Optional Extended Reporting Period Applies a. The Optional Extended Reporting Period applies only to damages arising from acts, errors or omissions committed before the end of this policy period, but not before the Retroactive Date shown in the Declarations, and not including an Extended Reporting Period. The Optional Extended Reporting Period does NOT: i. extend this policy's period or change the scope of coverage provided; ii. reinstate or increase the Limits of Liability applicable to any "claim" or "suit" to which this insurance applies. 5. Notification of us of a Claim or Suit Notification of a "claim" or "suit" must be in accordance with Duties In The Event Of A Claim Or Suit as stated in Provision F.2. of SECTION 5 - CONDITIONS of this policy. Any insured's failure to comply with the Duties In The Event Of A Claim Or Suit as stated in SECTION 5 - CONDITIONS of this policy will void the Optional Extended Reporting Period coverage under this policy, and we will promptly refund any additional premium you paid for the Optional Extended Reporting Period . SECTION 2. LIMITS OF LIABILITY A. The Limits of Liability shown in the Declarations and the rules below fix the most we will pay regardless of the number of: 1. persons and organizations who are insureds under this policy; 2. coverages provided under this policy; 3. "claims" made and/or "suits" brought against any or all insureds; or 4. persons or organizations making a "claim" or bringing a "suit". B. The General Aggregate as stated in Item 4.e. of the Declarations to this policy is the most we will pay for all damages to which this policy applies for Commercial General Liability, Business Auto Liability, Products - Completed Operations Liability, Liquor Liability and Employee Benefits Liability. C. The Directors and Officers Liability Aggregate as stated in Item 4.f. of the Declarations ""kN. we will pay for all damages to which this policy applies for Directors and Officers Liabili ?6�e f %u >f%ieWoa UMB-100 05 21 Nonprofits Insurance AllianceT and NONPROFITS OWN® are brands of R..k,n,,,,gn„R,[Clmolwne Alliance Member Services^^ (AMS). © AMS. All rights reserved. 00