Laserfiche WebLink
When this insurance rs excess, we will have no <br />6. <br />Representations <br />duty under Coverages A or B to defend the in- <br />By-accepting this policy, you agree; <br />sured against any "suit' if any other insurer has <br />a duty to defend the insured against that "Suit ". <br />a. The statements in the Declarations >are accu= - <br />If no other insurer defends, we will undertake to <br />rataandrtmplata; <br />do so, but.we Will be entitled to the insurer's <br />b. Those statements are based upoh representa- <br />rightsagainstall those other insurers. <br />tions'you made to us; and <br />When this insurance is 9x6459 - over other in- - <br />c. We have Issued this policy in reliance upon ' <br />surance, we Will pay Only our share of the <br />your representations:. <br />amount of the loss; if any, that exceeds the <br />7 <br />Separation Of Insureds <br />sum of: <br />(1) The total amount that all such other insur- <br />Except with respect lathe Limits of Insurance, and <br />ance would :pay for the loss in the absence <br />any rights ar duties specifically assigned in this <br />of this rtsurarfce; and <br />Coverage Part to the first Named Insured, this in- <br />surance applies: <br />(2) The total of all deductible and self-insured <br />a. As if each Named Insured 'were; the only <br />amounts under all that other insurance: <br />Named Insured; and <br />We will share the remaining loss ,4f. any; with <br />b. Separately to each insured against whom claim <br />any uthw hiswauce that is riot deasci ibed in this <br />is-made or "suit" Is brought. <br />Excess .Insurance. provision :*And was not <br />bought (specifically to apply in excess of the <br />&. <br />Transfer Of Rights Of Recovery Against Others <br />. <br />Limits of insurance shown 'in the Declarations <br />To Us' <br />of this Coverage Part. <br />If the insured has rights to recover all or part of any <br />o Method Of,Sharing <br />payment we have made under this Coverage Part, <br />If all of the other insurance permits contribution <br />those ;rights are transferred to, us. The insured <br />must do nothing after loss to impair their. At our <br />by equal shares; w8 will follow this method <br />request; the insured will bring "soft" or transfer <br />each insurer contrib- <br />also. Under this approach each <br />those rights to us and help us enforceat ern . <br />utes equal amounts.until it has paid its applica- <br />a ble limit of insurance or none of the loss re- <br />;B. <br />When We Do Not:Rensw <br />mains, whichever Comes first. <br />If we decide not to renew A41stoverage Part, we <br />If any of the other in does not ,permit <br />will mail or deliver to the first Named Insured <br />.contribution by equal shares, we will coritribute <br />shown "in the Declarations - written -notice of the <br />by limits. Under this method, each insurer's <br />nonrenewal not less than 30 days before the expi- <br />share is basod on'the ratio of its applicable limit <br />ration hate. <br />of insurance to the total applicable limits` of irl- <br />if notice k mailed; proof,of mailing will be sufficient <br />surance -of all Insurers. <br />proof ofznotice. <br />5. Premium Audit; <br />SECTION V — DEFINITIONS' <br />a. We will compute all premiums for this Cover- <br />f <br />" Advertisement' means;a notice that is broadcast <br />age Part in accordance -with our rules a`nd <br />or published to the igeneral public or specific mar- <br />rates. <br />ket segments about your goods, products or sera <br />b, Premium 'Shewn in Ithis Coverage Part as ad- <br />vices for the purpose of attracting customers or <br />vance premium is a - depusk prerri urn only, At <br />supportors. <br />the close of -each audit period we will compute <br />2, <br />"Auto" means a land motor vehicle, trailer or semi - <br />the earned premium for that period. Audit pre- <br />trailer designed for travel on public roads; including <br />miums are due and payable on notice to the <br />any affarhed machinery nr Prlulpmnnr. But "aufb" <br />first Named Insured. If the sum of the advance <br />does net include "mobile equipment ": <br />and alldit'premiums paid "for the policy period is <br />3. <br />"Bodily 'injury means bodily injury, sickness or <br />greater than the earned premiurti, we-will feturn <br />disease sustained by a person, including death re- <br />the excess to the first Nomad Insured.. <br />suiting :from: any of these at any time. <br />c: The first Named insured must keep records of <br />q <br />"Coverage territory" means: <br />the information we need for premium computa- <br />tion, and send us copies at such times; as we <br />a. The United :States of America (including its <br />may request. <br />territories and possessions), Puerto Rico and <br />Canada; <br />Page "10 af'13 Copyright, Insurance Services <br />Office, Inc., 1997 CG 00 0107 98 <br />