ICLEI -2011 - Laserfiche WebLink

Home Browse Search

Gaud/t/ons Qth®r lnsurancs (continued) General Liability D. that is insurance: 1. provided to you by any person or organization working under contract or agreement for you; or 2. under which you are included as an insured; or F_. that is insurance undec any Property section of this policy. When this insurance is excess, we will have no ducy to defend the insured against any suit if any other insurer has tt duly to defend such insured against such snit. If no other insurer defends, we will undertake to do so, but we will he entitled to the insured's rights against all those other insurers. When this insurance is excess over other insurance, we will pay only our share of the anx?unt of loss, i.F any, [hat exceeds the sum of the total: • amount that all other insurance would pay for loss in the absence of this insurance; and • of all deductible and sett""-insured amounts under all other insurance. We will share the remaining loss, if any,. with any other insurance that is not described in this Excess Insurance provision and was not negotiated speciFically to apply in excess of the Limits Ot Insurance shown in [he Declarations of this insurance. MBthod o/ Sharing If all of the other insurnnce permits contribution by equal shares, we will foiiow this method also. Under [his method each insurer contributes equal amounts until iI has paid its applicable broils oC insurance or none of the loss remains, whichever comes Frrst. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio vE its applicable limits of insurance [a the total applicable limits of insurance of all insurers. Pf6ln%urTT Audet ? ? We will compute all premiums for this insurance in accordance with our roles and rates. In accordance with the I:'stiznuted Premiums section of the Premium Summary, premiums shown with an asterisk (?) arc estimated premiums and are subject to audit.. in addition to or in lieu of such designation in the Premium Sumrt[<?try, premiums may be designated as estimated promiums elsewhere in [his pniicy. In that case;, [here premiums will also be subject to audit, and the second pazagraph of the Estimated Premiums section of dte Premium Sutnmazy will apply. Ssp9ratJOn Of InStlreds Except with respect to the Limits Of Insurance, and any rights or duties specifically assigned in this insurance to the first named insured, this insurance applies: - as if each named insured were the only named insured; and • separately to each itrsatred against whom claim is made or suit is 6roughi. LlebNity insurance Farm BO-02-2000 (Rev.. 4-01) Contract 23 0( 32