CLA-VAL (GRISWOLD INDUSTRIES) - Laserfiche WebLink

Home Browse Search

72ECSOFOBP5 ,fl ay COMMERCIAL GENERAL LIABILITY it COVERAGE FORM (EXCESS - BROAD FORM) Various provisions in this policy restrict coverage. "Claim expenses" and other defense Read the entire policy carefully to determine rights, expenses incurred subsequent to the duties and what is and what is not covered. exhaustion of the "self-insured retention" are Throughout this policy the words "you" and "your' payable by us, as provided in Supplementary refer to the Named Insured in the Declarations, and Payments. any other person or organization qualifying as a c. If the claim is within the amount of the "self- Named Insured under this policy.The words "we", "us" insured retention", then subject to subsection d. and "our" refer to the stock insurance company below, you shall have the duty to defend any member of The Hartford providing this insurance. "suit" brought against you or any insured The word "insured" means any person or organization seeking damages because of "bodily injury" or qualifying as such under Section II Who Is An "property damage" to which this insurance Insured. applies. Such duty shall continue until the Other words and phrases that appear in quotation "self-insured retention" has been exhausted marks have a special meaning. Refer to Section V- solely by your payment of "claim expenses" Definitions. and that portion of judgments or settlements to SECTION I -COVERAGES which this insurance would have applied in the absence of the "self-insured retention". COVERAGE A BODILY INJURY AND PROPERTY DAMAGE LIABILITY If, however, the amount you have paid on your 1. Insuring Agreement behalf or on behalf of any insured, for "claim expenses" or judgments and settlements for a a. We will pay those sums that you or any claim exceeds the amount of the "self-insured insured becomes legally obligated to pay as retention", then we shall have the right and damages because of "bodily injury" or duty to defend you or such insured against "property damage" to which this insurance such claim. Our right and duty to defend ends applies; but only to the extent that such when we have used up the Limits of Insurance "bodily injury" or "property damage" is in in the payment of judgments or settlements to excess of the "self-insured retention" that has which this Coverage Part applies. been exhausted solely by your payment of claim expenses and that portion of d. If the amount you have paid, on your behalf or judgments or settlements to which this on behalf of any insured, for"claim expenses" insurance would have applied in the absence and judgments or settlements for a claim does of the "self-insured retention". not exceed the amount of the "self-insured b. You are responsible for payment of expenses retention", we shall not be obligated to for any defense counsel selected by or on assume charge of, participate in, or pay for the investigation or defense of any claim or behalf of you or any insured, including "claim "suit". expenses", until the "self-insured retention" has been exhausted solely by your payment However, if such claim or "suit", in our of "claim expenses" and that portion of opinion, involves or is reasonably likely to judgments or settlements to which this involve payment by us under this Coverage insurance would have applied in the absence Part, we shall: of the "self-insured retention". (1) Require you or the insured against whom If we make a payment relating to the defense a claim is made or "suit" is brought, to counsel or defense of any claim against you obtain our written consent regarding the or any insured within the "self-insured selection of any defense counsel; retention", it will be on your behalf, and you (2) At our own expense, have the right but must reimburse us within seven business not the duty to investigate and to assign days of the date you receive notice that such counsel in addition to any defense payments have been made. Form EH 00 02 06 05 Page 1 of 23 (c) 2005, The Hartford (Includes copyrighted material of Insurance Services Office, Inc. with its permission.)