Coverage B. Other Structures
1. We cover other structures on the "residence premises" set apart from the dwelling by clear space. This includes structures connected to the dwelling by only a fence, utility line, or similar connection.
2. We do not cover:
a. Land, including land on which the other structures are located;
b. Other structures rented or held for rental to any person not a tenant of the dwelling, unless used solely as a private garage;
c. Other structures from which any "business" is conducted; or
d. Other structures used to store "business" property. However, we do cover a structure that contains "business" property solely owned by an "insured" or a tenant of the dwelling, provided that "business" property does not include gaseous or liquid fuel, other than fuel in a permanently installed fuel tank of a vehicle or craft parked or stored in the structure.
3. The limit of liability for this coverage will not be more than 10% of the limit of liability that applies to Coverage A. Use of this coverage does not reduce the Coverage A limit of liability.
Coverage B. As respects all other policies, the Company shall retain and be liable for the first $388,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable, as respects each excess layer, for the amount by which such ultimate net loss exceeds the Company's applicable retention, but the liability of the Reinsurer under each excess layer shall not exceed the amount, shown as "Reinsurer's Per Occurrence Limit" for the excess layer in Schedule A attached hereto, as respects any one loss occurrence, nor shall it exceed the amount, shown as the "Reinsurer's Term Limit" for the excess layer in Schedule A attached hereto, as respects all loss occurrences during the term of this Contract.
Coverage B. Excess Medical does not cover any of the following supplies or services or costs thereof:
Coverage B. Employer’s Liability Limits
Coverage B. Employer’s Liability of not less than: • Bodily Injury by accident: $1,000,000 each accident • Bodily Injury by disease: $1,000,000 each employee • Bodily Injury per employee: $1,000,000 policy limit
Coverage B. The Reinsurer shall indemnify the Company for 25% (twenty five percent) of the paid portion of all Ultimate Net Loss and Loss Adjustment Expenses arising out of Large Lines Real Estate General Liability Business in excess of 60% (sixty percent) to 125% (one hundred and twenty-five percent) of the Net Earned Premium allocable to Large Lines Real Estate General Liability Business up to a maximum amount equal to 16.25% (sixteen and one-quarter percent) of Net Earned Premium for Large Lines Real Estate General Liability Business.
Coverage B. The Company shall retain and be liable for the first six hundred thousand dollars ($600,000) of Ultimate Net Loss arising out of each Loss Event, whether involving one or several of the Company’s Policies or Insureds. The Reinsurer shall then be liable for the amount by which such Ultimate Net Loss exceeds the Company’s retention, but the liability of the Reinsurer shall not exceed two million two hundred thousand dollars ($2,200,000) excess of six hundred thousand dollars ($600,000) as respects any one Loss Event, nor more than two million two hundred thousand dollars ($2,200,000) during the applicable annual period. Recoveries from Coverages A and C shall inure to the benefit of this Coverage B.
Coverage B. “You” may add an amount equal to the “limit” shown on the “declarations” for Coverage B – Related Private Structures to the “limit” shown on the “declarations” for Coverage A – Residence “limit” when there are no detached related private structures on the “insured premises”. If at the time of loss the combined replacement cost of all detached related private structures on the “described location”, excluding fences, driveways, sidewalks, and inground pools, is less than the Coverage B “limit”, the difference may be added to the Coverage A “limit”.
Coverage B. Other Structures
1. We cover:
a. Other structures on the “residence premis- es” set apart from the dwelling by a clear space;
b. Other structures connected to the dwelling by only a fence, utility line, or similar con- nection; and
c. Fences whether attached or not attached to the dwelling.
Coverage B. Employer’s Liability. Bodily Injury by accident $1,000,000 each accident Bodily Injury by disease $1,000,000 policy limit Bodily Injury by disease $1,000,000 each employee Coverage must include a Waiver of Subrogation endorsement.
