STARLIGHT EDUCATION 1 - 2001 - Laserfiche WebLink

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payable under lI1e terms of lI1is Covel'llge Part or thet ere in excelS of the IPplicllble Umlt of lnsur- Ince. M agr8ld seltlement means I slltll8ment and relnse 01 liability signed by us, II1s insured and the claimant or the claimanfs Iegel repl'8Hn- lative. 4. Other In.ur.nce. If other vend and collectible insurance Is available to the Insur8d far a loss we COlIer under Coverages A or B of 1I11s Coverage Part, our obli- gations are limlllld as fallows: ~ Prlmary Insurance This insul'llnce Is primary except when b. below applies. Ilthlllnaurance II primary, our obllgaUons ars not affected unless .,y of the other Insurence Is also primary. Then, we wiD share with all that other Insurance by the mell10d described In c. below. b. Excess Insurance This Insurance Is excess over eny of the other Insurenee, whether primary, exces.. contingent or on any oll1er basis: (1) That Is Fire, Extended Coverage, Builder's Risk, Installation Risk or similar coverage far 'yourwork"; (2) That is Fire Insurance for premises nsnted to you or temporarily occupied by you with permission of the owner; or (3) If the loss arises out of the maintenance or use of aircrafl, 'autos' or weten:raft to the extent not subject to exclusion g. of Coverage A (Section I). IM1en this Insurance is excess, we wll hlIVll no duty under Coverages A or B to dal'end the In- sured against any 'sult' Wany other inaunar has a duty to defend the insured agalnst f1al 'suit.. If no other insurer defendl, we will underiakato do 10, but we will be enUUed to lI1e Inlured's rights egelns! all those othlr Insurers. lNhen this Insurance Is excess over other In. surance, we will pay only our share of the amount of the loss, If any, that exceeds lI1e sumot. (1) The total amount that all such other In- surance would pay for the losS In the ab- sence of lI1is insurance: end (2) The total 01 ell deductible and self.lnsured amounts under all that other Insurance. CL 182 (1-96) CG 00 01 01 96 We will shere lI1e remaining loss, If any, with any other inaunance that 18 not de8cribed In this Excau lnsurence provision and was not bought specifically to apply In excess of the Umlts of Insurance shown in the Declarations of this Coverage Part. c. Method of Shlrlng If all of the other Insurance permll8 contribu- tion by equal shares, we will follow this method also. Under II1ls approach each In- surer contributes equal amounts until It has paid ita applicable limit of insurance or none of the loas remains, whichever comes firat. If any of the olher Insurance does not permit contribuUon by equal "'eres, we will oontrtb- uta by limits, Under II1ls melhod, eech In- surer's shaAl is based on the relic of Its eppfi. cable limit of Insurance to the total applicable limits of Insurance of 1111 Insurers. 5, Premium Audit. a. We will compute all premiums for this Cover. age Part in accordance with our NISs and ratas, b. Premium shown In this Coveregs Part as ad- vance premium Is a deposit premium only. At the close of each audit period we will compute the earned pnsmlum for that perfod. Audit premiums ere due snd psyable on notice to lI1e first Named Insured. If the sum of the advance and audit premiums paid for the policy perfod Is greatar than lI1e eamed pre- mium, we will retum the excess to the first Named Insured. c. The first Named Insured must keep records of the InformaUon we need for premium com- putation, and sand us copies at such Umes as we may requesl .. Repranntatlons, By accepting this policy, you agree: a. The statements In the Declarations ani accu. rete and complete: b. Those statements are based upon representa- tions you II'1lIde tc us; and c, we have Issued this policy In reliance upon your repreaantltions, 7. Separation Of Insurads. Except with nsspect to the Umits of Insunsnce, and any rights or duties specifically aS$igned In thIS Coverage Part to the first Named Insured, this Insurance applies: Copyright, InlUl'ln.. SI"I... 0lIl.., Inc.. 1894 Pa;lsorl3 J