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<br />When this insurance is excess,'wewfl,' ;,a~.,:;,o
<br />duty under-:. C<?Wrages.A or' B to. defeqd:tb&'in",
<br />sure9 agafr!st;any "'surt"1f any other i!'JsUrer.has .
<br />a duty to defend the insumd, agaInst that.~suit'..
<br />If no other.- insurer defends. we Will. tJr:JdertSka
<br />to 00 so, bUt We WID be GntitJed to the'l1sured's'
<br />righ~.agafn'st:a11 th~e other insurers....~.. ;',: . ':
<br />~en . this.. Insurance is excess over other In-
<br />surance, We:"\yrll pay' Ohly' Our share.'of the
<br />. afr:1o~ at .th~..'oss~ If any,'" that ex~& lhe..
<br />'~~:.~: 1~'~11'1:;~"':" ':.i.. . ..;.' ":~~;~;.i..\...:.:.~ ~,
<br />. (ll Th~ .total; arJ:IoQilt that all such other.' ihsur..:'
<br />. .. ~. w~ufd.pay 'for the loss in th&.'absence .
<br />. of this.rnstr~; and. " ;,'Y',:",':,',..
<br />. . .... ....... :.... "'. .
<br />..(2) .The totaf o,f' all deductibfe and sew-insUred
<br />.. amounts urider all th~ other insurance.
<br />. Vle'~!fl slJ.a~. ~ fernalning. : loss, it 'any; ~ith'
<br />any 'other' insurance .that Is not described in this
<br />EXcess' . Insurance provision 'and was npt.
<br />'. .." . ,bOught .~ to apply in excess Of the
<br />Umits of Insurance shown In the Declarations
<br />,of Ibis .Coverage Part, . . . '
<br />. i. .. ..... .
<br />
<br />c. fletbod Of ~haring'. " . . .
<br />
<br />. If 'aH'\:.)f the' Other Insuraii~ .Permlts contribu-
<br />'. ik?h~ by egu~ ~~es, w.e'wm follow Ulis method
<br />also; 'Under 1his approach each Insurer COn-
<br />tribUtes equal amounts until it has paid its ap-
<br />plicable limit of insurance or. none of the loss
<br />remains, Whichever comes first.
<br />
<br />If. any' of the -other insurance does not permit
<br />contrfbtltio!,! ''by. 8qYal shares, \Ve will COntribute
<br />. by.. ffmits.. Under' this 'method, each insurer's
<br />share-. is bas~ on the ratio of its applicable
<br />limit 01 insurance to the total applicable limits
<br />of Insurance of all insurers. .
<br />
<br />5. Premiurn Audit
<br />
<br />a. We will compute aU premiums for thiS' Cover-
<br />age Part in 8ccordance with our rules and
<br />ra.tes.
<br />
<br />b. Premium shown in thi$ Coverage Part as ad-
<br />vance premIum is a deposit premium only. At
<br />the close 01 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 first Named Insured. If the sum of the a.d-
<br />vance and audit Pl'emfums Paid for the POlicy
<br />periOd is greater than the earned premIUm, .wfj
<br />Wifl retum the excess to the first Named. .In-
<br />sUred.
<br />
<br />C. The fir'$t Named Insured must keep records of
<br />the infonnation we need for premium. compu-
<br />tation, and send us copies at SUCh times as we
<br />may request .
<br />
<br />Page 10 of 13
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<br />6. Rep~~~~~~~s-: '. .:'. "_::" ~
<br />BY acceptfhti:itils polioy.; yoU agree:. ':},:~'r:'
<br />~ ihe ~ents in' the Qecla.ratia~:":are accu-
<br />rate Einc[.'compJete; ,:: :..:.... .
<br />-- .' . ." ...:........J.
<br />b. Those'statementS are based upon rep,esenta-
<br />tlons.~ou:made to us; and v.... .! .
<br />. -. . ..1. l-
<br />e. We hai.te. i$sued this policy in taliatJCe upon
<br />. . \ I ... . ..t...... .'
<br />your ~pcesentaf!on.s_ .'::".;:' ".'
<br />~," ...... . , ,:;'.': '..~.. .
<br />7. SeParatiQ~.9t ~nsureds " :"s:,:".:.,:- ......
<br />. . J.:....~.,. oJ . .... '..: . . ,......:/,;.
<br />ExCePt'\Vltfr:,.~peC,t to tile. L:.imits: (jfi,\'nsurance. .
<br />and allY rights or duties SpecificaJly". ~Qned In
<br />this Cove~:Part to: the ffrst Nameq::I~ured; this
<br />insuran~;.~p'p~~ . . , . ';'::h':;: ~.~. '. . .
<br />a. As if each Named Insured were the only
<br />Na.~ed Insui-ed; arid '" .
<br />b. Separately to each' instJred ag~ whom
<br />. . .. ~Jaim Is made or "SUit- Is bl:oughl .
<br />8. Transfer 'at 'F:Ughts Of R8cove.y'Ag~in~
<br />Others ,To Us ..' .
<br />. I"'the insured has righ1S"'tO recover all 'or:"pat1 Of
<br />any payment w.e have made under this Coverage
<br />. Part, those rights are tranSterted to us.. The ;n~.,'
<br />sureCf' mUst do nothing after loss to impair them.
<br />At our request, the insured Will bring .suit" or
<br />transf~r those rights to us and help us enforce'
<br />~~. .
<br />9. . When We Do Not Renew '<I
<br />It we decide not to renew this Coverage Part, we
<br />Will mail or deliver to the first Named Insured
<br />'st1own'in the Declaratioris written notice',of the' '
<br />nonrenewal n~ less than 30 days bef~ tIiB exp'i-
<br />ration date. ,
<br />If notice js mailed, prOOf of mailing w.iD be suffi-
<br />cient prOOf of notice.
<br />SEcnON V - DEFINITIONS
<br />1. "Advertisement- means a notice that Is broadcast
<br />or pubUshed to the general pubfiq or specific mar-
<br />~et segments about your goods, protfucts 'or serv-
<br />Ices for the- purpose of a~racting customers or
<br />. supporters,
<br />....- .
<br />2. 'Auto- means a land motor vehicle, trailer or
<br />semitrailer designed for tra.vel on public roads, in-
<br />cluding any attached machinery or equipment. Bilt
<br />-auto- does. not IncllJde "mObile equipment".
<br />
<br />3. -Bodily injury" means bodily Injury, sickness. or
<br />disease sustained by a person, including death re-
<br />sulting from any of these at any time.
<br />
<br />4. "Covera~e territory- means: .
<br />
<br />a. The United' States of America (JhcluUlg its
<br />territories and po$Sessions). PUerto' Rb and
<br />Canada;
<br />
<br />CG 00 01 0798
<br />
<br />r
<br />
<br />
<br />APPROVED AS TO FORM
<br />
<br />~M(,~~- .
<br />As~ ~~ '.v. Services Office, Inc., 1997
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