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COMMERCIAL EXCESS LIABILITY <br />EUM 21 856 04 09 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />EXCLUSION – CONSOLIDATED (WRAP-UP) <br />INSURANCE PROGRAMS <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL EXCESS LIABILITY COVERAGE PART <br />The following exclusion is added to Paragraph B. <br />ExclusionsofSECTION I - COVERAGES: <br />This insurance does not apply to any liability arising out <br />of any consolidated (wrap-up) insurance program or <br />similar rating plan which the insured participates in, is <br />covered by or has a financial interest in. <br />This exclusion applies whether or not the consolidated <br />(wrap-up) insurance program or similar rating plan: <br />a.Provides coverage identical to that provided by <br />this Policy; <br />b.Has limits, deductibles or a self-insured retention <br />adequate to cover all claims; or <br />c.Remains in effect. <br />EUM 21 856 04 09Includes copyrighted material of ISO Properties, Inc.,Page 1 of 1 <br />used with its permission. <br />INSURED COPY <br /> <br />