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UMBRELLA Insurance because of its different policy date prov1s1on, the retroactive date for period will not reduce or exhaust the Coverage A of this insurance is the same as applicable limit of insurance stated for the retroactive date of that "underlying such "underlying insurance"; insurance". (2) Payments of "medical expenses" that B. COVERAGE B - UMBRELLA LIABILITY are covered by that "underlying 1. We will pay on behalf of the insured those insurance" and are incurred for "bodily sums in excess of the "self-insured retention" injury" caused by an accident that takes that the insured becomes legally obligated to place during the policy period of this pay as damages because of "bodily injury", Excess Follow-Form And Umbrella "property damage", "personal injury" or Liability Insurance; or "advertising injury" to which Coverage B of (3) Payments of defense expenses that this insurance applies. are covered by that "underlying 2.Coverage B of this insurance applies to insurance", only if such "underlying "bodily injury" or "property damage" only if: insurance" includes such payments a. The "bodily injury" or "property damage" is within the limits of insurance. However, caused by an "occurrence" that takes if such "underlying insurance" has a place anywhere in the world; policy period which differs from the policy period of this Excess Follow- b.The "bodily injury" or "property damage" Form And Umbrella Liability Insurance, occurs during the policy period; and any such payments for defense c. Prior to the policy period, no insured listed expenses that would not be covered by under Paragraph 1. in Paragraph B., this Excess Follow-Form And Umbrella COVERAGE B UMBRELLA Liability Insurance because of its LIABILITY, of SECTION II - WHO IS AN different policy period will not reduce or INSURED and no "employee" authorized exhaust the applicable limit of by you to give or receive notice of an insurance stated for such "underlying "occurrence" or claim, knew that the insurance". "bodily injury" or "property damage" had If the applicable limit of insurance stated for occurred, in whole or in part. If such a the policies of "underlying insurance" in the listed insured or authorized "employee" Schedule Of Underlying Insurance is knew, prior to the policy period, that the actually reduced or exhausted by other "bodily injury" or "property damage" payments, Coverage A of this insurance is occurred, in whole or in part, then any not invalidated. However, in the event of a continuation, change or resumption of such "bodily injury" or "property damage" loss, we will pay only to the extent that we during or after the policy period will be would have paid had such limit not been deemed to have been known prior to the actually reduced or exhausted by such policy period. other payments. b. If any "underlying insurance" has a limit of 3. Coverage B of this insurance applies to insurance greater than the amount shown "personal injury" or "advertising injury" caused for that insurance in the Schedule of by an offense arising out of your business, but Underlying Insurance, this insurance will only if the offense was committed during the apply in excess of that greater amount. If policy period anywhere in the world. any "underlying insurance" has a limit of 4. The amount we will pay for damages is limited insurance, prior to any reduction or as described in SECTION Ill - LIMITS OF exhaustion by payment of damages, INSURANCE. "medical expenses" or defense expenses 5. "Bodily injury" or "property damage": described in Paragraph a. above, that is a. Which occurs during the policy period; and less than the amount shown for that insurance in the Schedule Of Underlying b.Which was not prior to, but was during, the Insurance, this insurance will apply in policy period known to have occurred by excess of the amount shown for such any insured listed under Paragraph 1. in insurance in the Schedule Of Underlying Paragraph B., COVERAGE B Insurance. UMBRELLA LIABILITY of SECTION II - 5.When the "underlying insurance" applies on a WHO IS AN INSURED, or any "employee" authorized by you to give notice of an claims-made basis and includes a retroactive "occurrence" or claim; Page 2 of22 © 2016 TheTravelers Indemnity Company. Allrights reserved. EU 00 01 0716