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�1! <br />3 <br />ti4 , <br />o <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />EXCLUSION - INSURANCE AND RELATED OPERATIONS <br />This endorsement modifies insurance provided under the following: <br />BUSINESS LIABILITY COVERAGE FORM <br />The following exclusion is added to Paragraph 1., <br />Applicable to Business Liability Coverage <br />(SECTION B. — EXCLUSIONS): <br />This insurance does not apply to "bodily injury", <br />"property damage" or "personal and advertising injury" <br />arising out of: <br />1. a. Any obligation assumed by any insured; or <br />b. The failure to discharge, or the improper <br />discharge of, any obligation or duty, <br />contractual or otherwise, <br />with respect to any contract or treaty of insurance, <br />reinsurance, suretyship, annuity, endowment or <br />employee benefit plan, including applications, <br />receipts or binders; <br />2. Any insured's membership in, contribution to or <br />management or administration of, any insurance: <br />a. Plan; <br />b. Pool; <br />c. Association; <br />d. Insolvency or guarantee fund; or <br />e. Any similar insurance fund, organization or <br />association, <br />whether voluntary or involuntary; or <br />3. The rendering or failure to render any professional <br />service, including but not limited to: <br />a. Advising, inspecting, reporting or making <br />recommendations in the insured's capacity as <br />an insurance company, consultant, broker, <br />agent or representative thereof; <br />b. Effecting insurance, reinsurance or suretyship <br />coverages; <br />c. Investigating, defending or settling any claim <br />under any contract or treaty of insurance, self - <br />insurance, reinsurance or suretyship; <br />d. Auditing or maintaining accounts or records of <br />others; <br />e. Conducting an investment, loan or real estate <br />department or operations; <br />f. Acting in any capacity as a fiduciary or trustee <br />for mutual funds, pension or welfare funds, <br />annuities, endowments, employee benefit <br />plans or other similar activities; or <br />g. Performing any claim, investigative, <br />adjustment, engineering, inspection, <br />consulting, survey, audit, appraisal, actuarial <br />or data processing service for a fee. <br />Form SS 05 04 04 05 Page 1 of 1 <br />© 2005, The Hartford <br />