FAUSTMAN, CARLTON, DISANTE & FREUDENBERG

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d. If an Insured becomes totally and permanently disabled during the Policy Period, and has been continuously Insured by the Company for at least two consecutive years, then the period for reporting Claims is extended at no additional premium until the death of the Insured or until the Insured is no longer totally and permanently disabled, provided that: the Insured or the Insured's legal guardian provides written notice of the disability to the Company no later than sixty (60) days after the termination date of the Policy Period; and the Insured or the Insured's legal guardian provides a physician's written certification of the disability including the date the disability commenced; and iii. the Insured agrees to submit to a medical examination at the Company's expense by any physician(s) designated by the Company. If any Extended Reporting Period option is exercised, the coverage shall only apply to Claims covered by this policy which are first made against any Insured and reported to the Company during the Extended Reporting Period. Coverage for Claims first made and reported during the Extended Reporting Period applies only to Claims for acts, omissions or Personal Injuries which took place prior to the end of the Policy Period. The purchase of Extended Reporting Period coverage by any Insured does not extend the Policy Period or provide additional, separate or new Limits of Liability. The premium for any of the options set forth above is fully earned when payment is made. Once in effect, Extended Reporting Period coverage may not be canceled. 4. DEDUCTIBLE: The Insured's obligation is to pay the "deductible per claim" amount, stated in the Declarations, as the result of any single Claim until the "annual deductible aggregate" has been exhausted, but is limited to the amount stated in the Declarations as "annual deductible aggregate". The Company's obligation is to pay, on behalf of the Insured, Damages and Claim Expenses resulting from a Claim which is in excess of the deductible amounts stated in the Declarations. The "deductible per Claim" and/or "annual deductible aggregate" shall be applicable to the combined total of Damages and Claim Expenses. The Company may pay any part of, or all of the deductible amounts to effect a settlement of any Claim or suit. Upon notification of any such action taken, the Named Insured shall promptly reimburse the Company for part of, or all of the deductible amounts that have been paid by the Company. 5. WAIVER OF DEDUCTIBLE FOR PROMPT CLAIM REPORTING: When the Company receives a written notice of Claim from the Named Insured, and the Company incurs expenses to investigate or defend the Claim, the Company may, at its sole discretion, waive the deductible. However, the deductible will not be waived, and will always apply, if a lawsuit is filed, if arbitration hearings are begun, or if any Damages are paid by way of settlement or judgment. C. INSURED'S DUTIES IN THE EVENT OF A CLAIM: a. The Insured shall, as soon as practicable after Claim is made, give written notice thereof'to the Company. Such written notice shall contain particulars sufficient to identify the Insured and also shall provide reasonably obtainable information with respect to the time, place and underlying circumstances of the Claim. b. The Insured shall not admit any liability, make any payment, assume any obligation, or incur any expense related to such Claim, except with the prior written consent of the Company. C. When Claim is made against the Insured, the Insured shall immediately forward to the Company every demand, notice, summons or other process received by him/her or his/her representative. 31599-EO (12/98) Page 7 of 9