Excess. 7.6.1 If the insured event forms the subject of indemnity under more than one of insured sections A to D the insured’s maximum liability the excess will be the highest applicable excess. 7.6.2 If settlement of an insured event investigated or defended by the insurer under insured sections A to D does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.
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Samples: Liability Insurance Membership Agreement, Liability Insurance Membership Agreement, Liability Insurance Policy
Excess. 7.6.1 If the insured event forms the subject of indemnity under more than one of insured sections A to D C the insured’s maximum liability the excess will be the highest applicable excess.
7.6.2 If settlement of an insured event investigated or defended by the insurer under insured sections A to D C does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.
Appears in 2 contracts
Samples: Crew Cover Public and Products Liability Insurance, Crew Cover Public and Products Liability Insurance
Excess. 7.6.1 If the insured event forms the subject of indemnity under more than one of insured sections A to D C the insured’s maximum liability the excess will be the highest applicable excess.
7.6.2 If settlement of an insured event investigated or defended by the insurer Insurer under insured sections A to D C does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer Insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.
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Excess. 7.6.1 If the insured event forms the subject of indemnity under more than one of insured sections A to D D, the insured’s maximum liability for the excess will be the highest applicable excess.
7.6.2 7.6.1 If settlement of an insured event investigated or defended by the insurer under insured sections A to D does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.
Appears in 1 contract
Samples: Insurance Policy
Excess. 7.6.1 6.6.1 If the insured event forms the subject of indemnity under more than one of insured sections A to D C the insured’s maximum liability the excess will be the highest applicable excess.
7.6.2 6.6.2 If settlement of an insured event investigated or defended by the insurer under insured sections A to D C does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.
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