NASTICH LAW, APC - Laserfiche WebLink

Home Browse Search

Insured, be applicable to each Network Security Breach or Privacy Violation under Insuring Agreement C. or each Claim under Insuring Agreement D. 2. The deductible specified in Paragraph 1 of this Endorsement will apply to all Data Incident Response Expense under Insuring Agreement C. and all Damages and Claim Expenses under Insuring Agreement D. 3. In the event more than one Insuring Agreement is triggered by a Network Security Breach, Privacy Violation or Claim, only the single highest deductible specified in Paragraph 1 of this Endorsement will apply. 4. The total deductible for all Claims, Network Security Breaches, Privacy Violations, or series of Claims, Network Security Breaches, or Privacy Violations that have a common nexus of facts, circumstances, situations, events, transactions, causes or series of causally connected facts, circumstances, situations, events, transactions or causes. will not exceed the single highest deductible specified in Paragraph 1 of this Endorsement. 5. The deductible will be applied first to Claim Expenses and Data Incident Response Expense with any remainder applied to Damages. The Named Insured will pay the deductible within thirty (30)days of demand by the Company. 5. Solely with respect to the coverage provided under this Endorsement, the following is added to Section 111. LIMIT OF LIABILITY of the Lawyers Professional Liability Insurance Policy: G. The Company's Sub-Limit of Liability for Data Incident Response Expense each Network Security Breach or Privacy Violation, is specified in Paragraph 1.C. of this Endorsement. The Company will not be obligated to pay any Data Incident Response Expense after the Sub-Limit of Liability specified in Paragraph 1.C. of this Endorsement has been exhausted by payment of Data Incident Response Expense. Such Sub-Limit of Liability will be part of, and not in addition to, the Limit of Liability Each Claim specified in Item 4.A. of the Declarations, regardless of whether a Claim has been made. The Company does not assume any duty to defend under this Insuring Agreement. H. The Company's Sub-Limit of Liability for Damages and Claim Expenses each Network Security Breach or Privacy Violation Claim is specified in Paragraph 1.D. of this Endorsement, if purchased. Such Sub-Limit of Liability will be part of, and not in addition to, the Limit of Liability Each Claim specified in Item 4.a. of the Declarations. 1. With regard to Insuring Agreement D, if the Sub-Limit of Liability specified in Paragraph 1.D. of this Endorsement is exhausted prior to settlement or judgment of any pending Claim, the Company's obligations under this policy will be cancelled and the Company will have the right to withdraw from the further investigation or defense of any pending Claim by tendering control of such investigation or defense to the Named Insured, and the Named Insured agrees, as a condition to the issuance of this policy, to accept such tender. J. With regard to Insuring Agreement D., the inclusion of more than one Insured in any Claim, or the making of Claims by more than one person or entity will not increase the Company's Sub-Limit of Liability Each Claim, Aggregate Sub-Limit of Liability Per Policy Period or the deductible. Two or more Claims arising out of a single Network Security Breach or Privacy Violation will be treated as a single Claim. All such Claims, whenever made, will be considered first made during the Policy Period in which the earliest Claim was first reported. 00, Rick TAanggematE Division Re <Y m wm&APPROVED Br. Risk Management Spewdist 00 LPL0175 00 04 17