Accumulation clause. If several insured events occur: - due to the same cause; or - due to similar causes between which an internal, particularly causal and temporal connection exists; and these insured events are partially covered by - this professional liability insurance policy and partially by an environmental liability insurance policy and/or an environmental damages insurance, - an environmental liability insurance policy and partially by an environmental damages insurance policy, then the total amount of both insured sums shall N O T be available. The total insured amount available shall be no more than one insured sum in the event that both insured sums are the same otherwise it shall be a maximum of the higher insured sum. If the insured events covered by the professional liability insurance or environmental liability insurance or environmental damages insurance respectively occur in different insurance years, then the applicable insurance year for determining the maximum insured sums for these insured events shall be that in which the first insured event covered within the framework of the professional liability insurance occurred. If the policyholder has several liability insurances (individual contracts) by the insurer or its affiliates, the aforementioned provisions shall apply accordingly.
Accumulation clause. If there is an accumulation of Subject-matter insured beyond the transit limits of the Policy by reason of any interruption in transit and/or occurrence beyond the control of the Assured, or by reason of any casualty and/or transhipping point and/or on a connecting vessel or conveyance, then the Policy extends to cover such excess Subject-matter insured and the Insurer is liable for the full amount at risk provided notice be given to the Insurer as soon as known to the Assured. Notwithstanding the foregoing, in no case shall the Insurer be liable under this Accumulation Clause for an amount greater than twice the relevant Policy Limit, but in no case exceeding the combined single limit of the policy.
