CORDOBA CORPORATION 2 - Laserfiche WebLink

Home Browse Search

BUSINESS LIABILITY COVERAGE FORM (6) When You Are Added As An When this insurance is excess over other JIM Additional Insured To Other Insurance, we will pay only our share of Insurance the amount of the loss, if any, that WIF That is other insurance available to exceeds the sum of: you covering liability for damages (1) The total amount that all such other arising out of the premises or insurance would pay for the loss in the operations, or products and completed absence of this Insurance; and operations, for which you have been (2) The total of all deductible and self - added as an additional insured by that Insured amounts under all that other insurance; or Insurance. (7) When You Add Others As An We will share the remaining loss, if any, with Additional insured To This any other insurance that is not described in insurance this Excess insurance provision and was not That is other Insurance available to an bought specifkally to apply In excess of the additional insured. Limits of Insurance shownin the However, the following provisions Declarations of this Coverage Part. apply to other Insurance available to c, Method Of Sharing any person or organization who is an If all the other insurance additional insured under this Coverage permits contribution by equal shares, we will follow this method also. Under this approach, (a) Primary Insurance When each insurer contributes equal amounts Re uired By Contract until It has paid its applicable limit of This Insurance is primary if you insurance or none of the loss remains, have agreed in a written contract, whichever comes first. written agreement or permit that If any of the other insurance does not permit this insurance be primary. If other contribution by equal shares, we will Alftk insurance is also primary, we will contribute by limits. Under this method, each share with ad that other insurance insurer's share is based on the ratio of its by the method described In c. applicable Ilmit of insurance to the total below. applicable limits of insurance of all insurers. (b) Primary And Non -Contributory 8. Transfer Of Rights Of Recovery Against To Other Insurance When Others To Us Required By Contract a. Transfer Of Rights Of Recovery If you have agreed In a written If the insured has rights to recover all or contract, written agreement or permit that this insurance Is Part of any payment, Including primary and non-contributory with Supplementary Payments, we have made the additional non-contributory own under this Coverage fart, those rights are Insurance, this insurance is transferred to us. The insured must do primary and we will not seek �I c tiling after loss to impair them. At our contributlon from that other 10 equest, the insured will bring "suit" or insurance. c�0 trans!r those rights to us and help us Paragraphs (a) rce them. This condition does not and (b) do not apply fD apply to Medical Expenses Coverage. other Insurance to which the ad ' ' `t` lver Of Insured has been adde an 9�OP 'trOf Subrogation)ts Of Recovery (Waiver additional insured. When this insurance is excess, will S�a�� If the Insured has waived any rights of 5� have no duty under This Coverag Part to recovery against any person ororganization for all orart of an defend the insured against any "suit" it any y payment, other insurer has a duty to defend the including Supplement ary Payments, we Insured against that 'suit". if a other have made under this Coverage Part, we Insurer defends, we will .undertake to do also waive that right, provided the insured so, but we will be entified to the insured's waived their rights of recovery against rights against all those other insurers. such person or organization in a contract, agreement of permit that was executed prior to the injury or damage. Form SS 0o oe 04 05 Page 17 of 24