Aggregate Liability. The Insurer’s liability under this Policy shall not be additional to any benefit to which the Insured may be entitled under a previous policy of insurance, whether the insurer of that previous policy was the Insurer or another insurer and the Insurer’s liability under this Policy will be limited to the Permitted Credit Limit less any amount still owing for goods Shipped and/or covered under that previous policy.
Appears in 3 contracts
Samples: Excess of Loss Trade Credit Insurance Policy, Trade Credit Insurance Policy, Comprehensive Trade Credit Insurance Policy
Aggregate Liability. The Insurer’s liability under this Policy shall not be additional to any benefit to which the Insured may be entitled under a previous policy of insurance, whether the insurer of that previous policy was the Insurer or another insurer and the Insurer’s liability under this Policy will be limited to the Permitted Credit Limit less any amount still owing for goods Shipped and/or covered Disbursements made under the previous policy that previous policyremain outstanding.
Appears in 1 contract
Samples: Trade Credit Insurance Policy
Aggregate Liability. The Insurer’s liability under this Policy shall not be additional to any benefit to which the Insured may be entitled under a previous policy of insurance, whether the insurer of that previous policy was the Insurer or another insurer and the Insurer’s liability under this Policy will be limited to the Permitted Credit Limit less any amount still owing for goods Shipped Rents due and/or covered under that previous policy.
Appears in 1 contract
