PB FARRADYNE 1 - Laserfiche WebLink

Home Browse Search

Conditions Other Insurance- Primary Additional Insured (continued) Liability Insurance Form 80-02-26S:JEd. 4-01) B. that is insurance that applies to property damage to premises rented h) you or temporarily ot~cupied by you with pcrmissionofthe owncr: if the loss arises out of aircraft, autos or watcrcrafi (10 tbe extent nol subject to the Aircraft, Aulos Or W alertTaft exclusion): c. D. that is iIlsurnIlce: I. proVIded to YOll by any person or organization working under contract or ,lgrecrnent for you; or , ll.llder which you are induded as an insured: or E. thai is insurance under any Property section oftllis )lolicy. When thIS II1surance is excess, we will have no duty [0 defend the insured against any suit ifany otber insurer has a duty lo Jcfcnd such insured against such suit. I I' no other insur"r ckknds. we will undertake to do so, but wewill be t~ntitled to the insured'srights against all those other insurers. When this insurance is excess over other insurane", we will pay only our share of the amount of loss, if any, that exceeds the sum of the total: amount that all (,lther insurance would pay for loss in the absence ofthis insurance; and of all deductible and self. insllrecnmollnts under all other insurance. We Will share the remaining loss, i I' any, with any other insumnee that is mlt described in this Excess Insuranceprovlsiol1 and was not negotiated specifically to apply in excess of the 1.imitsOr Insurance shown in the Declarations of this insurance. Method of Sharing If all or the other insurance pemlits contribution by equal shares, we will follow this method alst). Under this method eaeh insurcreontributcs equal amounts until it has paid its applicable limits of insurance or none of the loss remains, whichevt:r comes first. rf any of the ot]1er insllrance docs not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer'sshare is bascd 011 the ratio of its appl icable limits of insurance to the total applicable limits ofinstlrance of all insurers. All other tcrms and conditions remaillunchanged. Authorized Representative w~ , ,/' :.~ '- /" . , . I, I ,,/ (I' I Olherlnsurance' PrimaryA(Jditiona~ence Copy Endorsement fast page Page 2