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<br />e2/e3/2004 16:37
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<br />31039371.86
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<br />When thb ins~ is excess,'we Wii,~.no .
<br />duty \.IIdef". CoVeiagesA or B to. defeliicrttioHrr.
<br />sure<,! agail}llt'"anj! ~suit"if any other ~rilr:has .
<br />a duty to defend the insured-against tbat.:suit".
<br />If" no other.".I",ur.er detend8, __ Will. .llndertake
<br />to 00 so, but we Wi. bo enlitItld to the. iilsured's'
<br />ri~agairlstall those other insurers.. ':. ..\ . . .
<br />V\(hen.. t/Ila. ill$urance is excess over Other iri-
<br />su.w.ce, Wei 'WilI pay' only' our sharB.:i>f Ihe
<br />. aIno'!fll ot fhe..loss, if any, that ex~ 1he.
<br />.~~. of: <:~~ :~~'..,..:;. . >.:~. '~~~~~~w:~.,':i.:,:,,",:.
<br />. (1)- Th:eIOtiit! 8rryor,m IIiIll aJf' such oUi~i: lhSur~'
<br />. .. ~.~Urd'pay'for the foss In Ihe<'~.
<br />. 0' thi$. insurance' and. '. ;"..'-";..,.
<br />. . ......:.1.... f ~,... . ':;". . .
<br />.(2) .The tolaf 'of' iall dedllctible and self-inSUred
<br />ariTol.ms urider all that otheT inSl.ll'ill1(le.
<br />We'~ slta~.~ ~1ng..Ioss, it any; ~.
<br />any 'dlher Insurance that Is ilol described In this
<br />EXcess' '.riSUrance provlslor1 -and 'jl\IaS n!>t.
<br />." '.bOilght .spec~aIy to apply in excess of the
<br />limits of Insurance shown In "the Declarations
<br />:'l'ItJ.is.~~ Part. .
<br />c. MetIlad Of Sliar.ing' .
<br />. If 'li."Oi !tie" bther Irl$;jraii~ .Permits conlrtbu-
<br />. Iioh' b)' equal sliares, we' iirilI folow this method
<br />also; Under 1his approach each insurer con-
<br />tribUles equal amounts until it has paid its llJ>
<br />pNcable limit ot insurance or. none of lhe foss
<br />remains, Whichever comes IIrst.
<br />If. any of the.other iosl.lllllCe does nol permit
<br />COlIInbl:ltlon 'b1' equa/ shares, _ Will conlribule
<br />. by. Dmits.. . Under' this -method, each insurer's
<br />shM;- is bas~ on the ratio of its applic8b/e
<br />limit of Insurance 10 the total applicable Omits
<br />of Insurance of alllosurer.;. .
<br />5. Premium Audit
<br />a. We wiD compute all premiums for this Cover-
<br />age Part in accordance with our rules and
<br />rqtes.
<br />b. Premium shown In this Coverage Part as ao.
<br />vance premium is a deposit premium only. At
<br />!he close of each audit period we will compute ._
<br />the earned premium for that period,' Audit
<br />.premlums are due and payable on notice to
<br />the firsl Named Insured, If the sum of the ad-
<br />vance and audit premllmS paid for tile policy
<br />period Is greater than the earned premilim, ~
<br />Wi. return the excess to the first Named. .In-
<br />sured.
<br />
<br />c. The first Named Insured ITlU$1 keep recoi-crs of
<br />the infonnation we need for premIUm. compu-
<br />tation, and send us coples at such Imas as we
<br />may request .
<br />
<br />Page 10 of 13
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<br />~lITE & CO
<br />
<br />Pi\(>E 83/83
<br />
<br />6. RepAiI h~';'Uoris- :
<br />. .;.....;. " -: '
<br />BY a~jtjls POIlaY; you agree:. ..-";;,1:"",
<br />. , .
<br />lIo The sfatl!inents In' the Qeclarat~iilf'are accu-
<br />rate aocr complete; ;. ..... .
<br />......... "".:")'
<br />b. Those:statemenfs are based upo'!i . i'ePresenla-
<br />tlons.you'made to us; and ,;."... .1 .
<br />. -. . -..,.;
<br />C. We h~ issued. this policY In ~I~ upon
<br />younepresentations.. . ""<_' "J
<br />7. SeParaticin;Qii"sunods.. <;;~. ::~ .'
<br />Exi:ept~~~~ 10 'the. Umils: ~'{i~~~, .
<br />and llIlY rights or ckIIles speciIlcaIiy,'.8!lSiilned In
<br />this ~r;l9G.'~art to: the ~ N~;r~~; this
<br />Ins~~~'" '. .. . !..;'~'';'.:'l.'
<br />a. As it. each Nani'l'd In$ured were the only
<br />NlIri.'ed Insui-ed; arid . . . .
<br />b. Separately to each' b1sl.lred' agat\~ whom
<br />. . .. claim Is made or 'suit' Is brolJljll
<br />8, Transfer 'at 'Rights Of R.icovWyAg~in~rOthersTD Us . .
<br />. If" ttie i11sured has r1ghts~ ti. ~ver all .or....p&r! Of
<br />any payment we have made under this Coverage
<br />. Part, those rights are transferred 10 us.' The In- .. .
<br />$Urei:I must do nothing after loss to impair them.
<br />At au- r~ the insured Will bring 'suit" or
<br />transf"" those rights to us and help us enforce'
<br />Ihllm.
<br />9. . When We Do Not Ren_ .
<br />It _ decide not to renew this Coverage Part, we
<br />Will mail or deliver to the first Named Insured
<br />sI1OwFl'in the Peclaralioris written ~'\of the'
<br />nonrenewaJ ~ less than $0 days bet""" me expi-
<br />ration date.
<br />If noIice is mailed, proof of maili"lg wiD be suffi-
<br />cient proof of notice,
<br />SECTION V - DEFINITIONS
<br />1. 'Advertisement' means a notice that Is broadcast
<br />or published to the general pUblic or specjflc mer-
<br />~et segments about your goode, productsol- SflIV-
<br />ices for the- purpose of attracting customers or
<br />. supporters., .
<br />-~ .
<br />2. 'Auto' means a land motor vehJcle, trailer or_
<br />semnrailer designe(l for travel on public roads, in-
<br />cluding any altached machinery or equipmenl 8irt
<br />'auto' does.not include 'mobile equipment".
<br />3. 'Bodily Inpyo means bodily injury, sickneSs- o~
<br />disease sustained by a person, including death re-
<br />sulting from any of these at any lime.
<br />4. 'Covel"B!le territory" means:
<br />... The United States of Amer1ca ('ilclwlng its
<br />territories and possessions), poerto. Rico and
<br />Canada; .
<br />
<br />Copyright, Insurance ServIces OffICe, 11"llJlr:1 ~7
<br />
<br />~,~~1\Cf7 98 I
<br />
<br />Milt',
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