Laserfiche WebLink
CE65240697 <br />EXCESSLIABILITYCOVERAGEFORM <br />Thereareprovisionsinthispolicythatrestrictcoverage.Readtheentirepolicycarefullytodetermine <br />rights,dutiesandwhatisandisnotcovered. <br />Throughoutthispolicythewords"you"and"your"refertotheNamedInsured.Thewords"we,""us" <br />and"our"refertotheCompanyprovidingthisinsurance.ThewordInsuredmeansanypersonor <br />organization qualifyingassuchinthe"firstunderlyinginsurance."Otherwordsandphrasesthatappear <br />inquotationmarkshavespecialmeaningandcanbefoundintheDEFINITIONSSectionorthespecific <br />policyprovisionwheretheyappear. <br />InconsiderationofthepaymentofthepremiumandinrelianceuponthestatementsintheDeclarations <br />weagreewithyoutoprovidethecoverageasfollows: <br />INSURINGAGREEMENTS <br />I. COVERAGEoftheDeclarationsisthemostwewill <br />payforall"loss"thatissubjecttoan <br />WewillpayonbehalfoftheInsuredthe <br />aggregatelimitprovidedbythe"first <br />amountof"loss"coveredbythisinsurancein <br />underlyinginsurance."Theaggregate <br />excessofthe"UnderlyingLimitsofInsurance" <br />limitappliesseparately andinthe <br />showninItem5.oftheDeclarations,subject <br />samemannerastheaggregatelimits <br />toINSURINGAGREEMENTSectionII.,Limits <br />insur- <br />providedbythe"firstunderlying <br />ofInsurance.Exceptfortheterms,conditions, <br />ance,"providedthatall"underlying in- <br />definitionsandexclusionsofthispolicy,the <br />surance"appliestheiraggregatelimit <br />coverageprovidedbythispolicywillfollow <br />inthesamemannerasthe"firstun- <br />the"firstunderlyinginsurance." <br />derlyinginsurance." <br />II. LIMITSOFINSURANCE3.SubjecttoB.2.,theoccurrencelimit <br />statedinItem4.oftheDeclarationsis <br />A.TheLimitsofInsuranceshownintheDec- <br />themostwewillpayforall"loss" <br />larationsandtherulesbelowdescribethe <br />arisingoutofanyoneoccurrenceto <br />mostwewillpayunderthetermsofthis <br />whichthispolicyapplies. <br />insuranceregardlessofthenumberof: <br />4.SubjecttoParagraphsB.2.andB.3. <br />1.Insureds; <br />above,ifthe"Underlying LimitsofIn- <br />surance"describedinItem5.ofthe <br />2.claimsmadeorsuitsbrought; <br />Declarations areeitherreducedorex- <br />haustedsolelybypaymentof"loss," <br />3.personsororganizationsmaking <br />suchinsuranceprovidedbythispolicy <br />claimsorbringingsuits. <br />willapply inexcessofthereduced <br />underlying limitor,ifallunderlying <br />B.TheLimitsofInsuranceofthispolicywill <br />limitsareexhausted,willapplyas"un- <br />applyasfollows: <br />derlying insurance"subjecttothe <br />sameterms,conditions,definitionsand <br />1.Thispolicyappliesonlyinexcessof <br />exclusionsofthe"first underlyingin- <br />the"UnderlyingLimitsofInsurance" <br />surance,"exceptfortheterms,condi- <br />showninItem5.oftheDeclarations. <br />tions,definitionsandexclusionsofthis <br />2.TheaggregatelimitshowninItem4. <br />policy. <br />CzDzouijbNpsbbu6;33qn-Efd21-3135 <br />CE65240697(Page1of7) <br /> <br />