Coinsurance. Two or more compa- xxxx may underwrite a risk on any bond or policy, the amount of which does not exceed their aggregate under- writing limitations. Each company shall limit its liability upon the face of the bond or policy, to a definite speci- fied amount which shall be within its underwriting limitation.
Appears in 9 contracts
Samples: Supersession, Amendment and Termination Provisions, Supersession, Amendment and Termination Provisions, Miscellaneous Provisions