Common use of HOW MUCH WE PAY FOR LOSS OR CLAIM Clause in Contracts

HOW MUCH WE PAY FOR LOSS OR CLAIM. For the purpose of determining our limit of liability, all bodily injury and/or property damage arising out of continuous or repeated exposure to substantially the same general condition(s) shall be considered as arising out of one occurrence. 1. The limit of liability stated on the Declarations page, the Supplemental Declarations page or attached endorsements and the conditions set forth below fix the maximum amounts we will pay for loss regardless of the number of: a. persons insured under this policy; b. persons or organizations who sustain bodily injury and/or property damage; or c. claims made or suits brought. 2. The Each Occurrence limit, subject to any aggregate limit of liability, is the most we pay for the total of damages under Coverages L for all bodily injury and/or property damage arising out of a single occurrence. 3. The policy period shown on the Declarations page, the Supplemental Declarations page or other endorsements added to this policy may be for a period of one year or longer. HOWEVER, for the purpose of determining any or all aggregate limits of liability described in this section, or in endorsements attached to this policy, policy period means a one year period beginning with the inception date of the policy (and for each subsequent one year period if applicable). 4. These agreements are extended to include an increase in the aggregate limit of liability in proportion to any policy extension whether required by the issuance of a late or incomplete conditional renewal notice, late non- renewal notice or other reason. The aggregate limit of liability is the most we will pay during a policy period for the sum of all damages under Coverage L-Bodily injury and/or Property damage. 5. The Aggregate limit of liability applies separately to each consecutive 12-month period beginning with the inception date of the General Liability Coverage shown on the Declarations page, the Supplemental Declarations page or attached endorsements. It also applies separately to any remaining policy period of less than 12-months, unless the General Liability Coverage has been extended after it was written. In that case, the additional period will be considered part of the last preceding period for the purpose of determining limits. 6. If Premises Medical Payments, Fire Legal Liability, Product/Completed Operations, or other coverages are added to this policy by endorsement, then the limits of liability and the conditions pertaining to HOW MUCH WE PAY FOR LOSS OR CLAIM under these coverages will be set forth in those endorsements, on the Declarations page, or the Supplemental Declarations page. 7. Insurance Under More Than One Policy: a. Insurance under this General Liability Coverage is primary except as provided under paragraph 7c. below, or unless otherwise stated in this policy. The amount of our liability is not reduced because of other insurance which applies to the loss on an excess basis. b. If the other insurance is also primary, we will share in the loss as follows: 1) If the other insurance provides for contribution by equal shares, we will pay equal amounts with other insurers until: a) the lowest applicable limit under any one policy is reached; or b) the full amount of the loss is paid. If part of the loss remains unpaid, we will pay an equal share with the other insurers until the full amount of the loss is paid, or until we have paid our limit of liability in full. 2) If the other insurance does not provide for contribution by equal shares, we will pay that proportion of the loss to which our applicable limit of liability under this policy bears to the total applicable limit for all insurance covering the loss. c. Insurance under this General Liability Coverage is excess over any other insurance: 1) if the other insurance, whether primary, excess, contingent or on any other basis, provides: a) fire, extended coverage, builders' risk, installation risk or similar coverage for your work; or b) fire insurance for premises rented to you; or 2) if the other insurance applies to any loss arising out of the maintenance or use of aircraft, autos or watercraft which may be covered by this policy. d. When this insurance is excess over any other insurance: 1) we will have no duty to defend any claim or suit that any other insurer has a duty to defend. If no other insurer defends, we will do so. However, we will be entitled to the insured’s rights against all those other insurers. 2) we will pay our share of the amount of loss, if any, that exceeds the sum of: a) the total amount that all such other insurance would pay for the loss in the absence of this insurance; and b) the total of all deductibles and self-insured amounts required by such other insurance.

HOW MUCH WE PAY FOR LOSS OR CLAIM. For the purpose of determining our limit of liability, all bodily injury and/or property damage arising out of continuous or repeated exposure to substantially the same general condition(s) shall be considered as arising out of one occurrence. 1. The limit of liability stated on the Declarations page, the Supplemental Declarations page or attached endorsements and the conditions set forth below fix the maximum amounts we will pay for loss regardless of the number of: a. persons insured under this policy; b. persons or organizations who sustain bodily injury and/or property damage; or c. claims made or suits brought. 2. The Each Occurrence limit, subject to any aggregate limit of liability, is the most we pay for the total of damages under Coverages L for all bodily injury and/or property damage arising out of a single occurrence. 3. The policy period shown on the Declarations page, the Supplemental Declarations page or other endorsements added to this policy may be for a period of one year or longer. HOWEVER, for the purpose of determining any or all aggregate limits of liability described in this section, or in endorsements attached to this policy, policy period means a one year period beginning with the inception date of the policy (and for each subsequent one year period if applicable). 4. These agreements are extended to include an increase in the aggregate limit of liability in proportion to any policy extension whether required by the issuance of a late or incomplete conditional renewal notice, late non- renewal notice or other reason. The aggregate limit of liability is the most we will pay during a policy period for the sum of all damages under Coverage L-Bodily injury and/or Property damage. 5. The Aggregate limit of liability applies separately to each consecutive 12-month period beginning with the inception date of the General Liability Coverage coverage shown on the Declarations page, the Supplemental Declarations page or attached endorsements. It also applies separately to any remaining policy period of less than 12-months, unless the General Liability Coverage has been extended after it was written. In that case, the additional period will be considered part of the last preceding period for the purpose of determining limits. 6. If Premises Medical Payments, Fire Legal Liability, Product/Completed Operations, or other coverages are added to this policy by endorsement, then the limits of liability and the conditions pertaining to HOW MUCH WE PAY FOR LOSS OR CLAIM under these coverages will be set forth in those endorsements, on the Declarations page, or the Supplemental Declarations page. 7. Insurance Under More Than One Policy: a. Insurance under this General Liability Coverage is primary except as provided under paragraph 7c. below, or unless otherwise stated in this policy. The amount of our liability is not reduced because of other insurance which applies to the loss on an excess basis. b. If the other insurance is also primary, we will share in the loss as follows: 1) If the other insurance provides for contribution by equal shares, we will pay equal amounts with other insurers until: a) the lowest applicable limit under any one policy is reached; or b) the full amount of the loss is paid. If part of the loss remains unpaid, we will pay an equal share with the other insurers until the full amount of the loss is paid, or until we have paid our limit of liability in full. 2) If the other insurance does not provide for contribution by equal shares, we will pay that proportion of the loss to which our applicable limit of liability under this policy bears to the total applicable limit for all insurance covering the loss. c. Insurance under this General Liability Coverage is excess over any other insurance: 1) if the other insurance, whether primary, excess, contingent or on any other basis, provides: a) fire, extended coverage, builders' risk, installation risk or similar coverage for your work; or b) fire insurance for premises rented to you; or 2) if the other insurance applies to any loss arising out of the maintenance or use of aircraft, autos or watercraft which may be covered by this policy. d. When this insurance is excess over any other insurance: 1) we will have no duty to defend any claim or suit that any other insurer has a duty to defend. If no other insurer defends, we will do so. However, we will be entitled to the insured’s rights against all those other insurers. 2) we will pay our share of the amount of loss, if any, that exceeds the sum of: a) the total amount that all such other insurance would pay for the loss in the absence of this insurance; and b) the total of all deductibles and self-insured amounts required by such other insurance. Declarations page, the Supplemental Declarations page or attached endorsements to this General Liability Coverage.

HOW MUCH WE PAY FOR LOSS OR CLAIM. For the purpose of determining our limit of liability, all bodily injury and/or property damage arising out of continuous or repeated exposure to substantially the same general condition(s) shall be considered as arising out of one occurrence. 1. The limit of liability stated on the Declarations page, the Supplemental Declarations page or attached endorsements and the conditions set forth below fix the maximum amounts we will pay for loss regardless of the number of: a. persons insured under this policy; b. persons or organizations who sustain bodily injury and/or property damage; or c. claims made or suits brought. 2. The Each Occurrence limit, subject to any aggregate limit of liability, is the most we pay for the total of damages under Coverages L for all bodily injury and/or property damage arising out of a single occurrence. 3. The policy period shown on the Declarations page, the Supplemental Declarations page or other endorsements added to this policy may be for a period of one year or longer. HOWEVER, for the purpose of determining any or all aggregate limits of liability described in this section, or in endorsements attached to this policy, policy period means a one year period beginning with the inception date of the policy (and for each subsequent one year period if applicable). 4. These agreements are extended to include an increase in the aggregate limit of liability in proportion to any policy extension whether required by the issuance of a late or incomplete conditional renewal notice, late non- renewal notice or other reason. The aggregate limit of liability is the most we will pay during a policy period for the sum of all damages under Coverage L-Bodily injury and/or Property damage. 5. The Aggregate limit of liability applies separately to each consecutive 12-month period beginning with the inception date of the General Liability Coverage coverage shown on the Declarations page, the Supplemental Declarations page or attached endorsements. It also applies separately to any remaining policy period of less than 12-months, unless the General Liability Coverage has been extended after it was written. In that case, the additional period will be considered part of the last preceding period for the purpose of determining limits. 6. If Premises Medical Payments, Fire Legal Liability, Product/Completed Operations, or other coverages are added to this policy by endorsement, then the limits of liability and the conditions pertaining to HOW MUCH WE PAY FOR LOSS OR CLAIM under these coverages will be set forth in those endorsements, on the Declarations page, or the Supplemental Declarations page. 7. Insurance Under More Than One Policy: a. Insurance under this General Liability Coverage is primary except as provided under paragraph 7c. below, or unless otherwise stated in this policy. The amount of our liability is not reduced because of other insurance which applies to the loss on an excess basis. b. If the other insurance is also primary, we will share in the loss as follows: 1) If the other insurance provides for contribution by equal shares, we will pay equal amounts with other insurers until: a) the lowest applicable limit under any one policy is reached; or b) the full amount of the loss is paid. If part of the loss remains unpaid, we will pay an equal share with the other insurers until the full amount of the loss is paid, or until we have paid our limit of liability in full. 2) If the other insurance does not provide for contribution by equal shares, we will pay that proportion of the loss to which our applicable limit of liability under this policy bears to the total applicable limit for all insurance covering the loss. c. Insurance under this General Liability Coverage is excess over any other insurance: 1) if the other insurance, whether primary, excess, contingent or on any other basis, provides: a) fire, extended coverage, builders' risk, installation risk or similar coverage for your work; or b) fire insurance for premises rented to you; or 2) if the other insurance applies to any loss arising out of the maintenance or use of aircraft, autos or watercraft which may be covered by this policy. d. When this insurance is excess over any other insurance: 1) we will have no duty to defend any claim or suit that any other insurer has a duty to defend. If no other insurer defends, we will do so. However, we will be entitled to the insured’s rights against all those other insurers. 2) we will pay our share of the amount of loss, if any, that exceeds the sum of: a) the total amount that all such other insurance would pay for the loss in the absence of this insurance; and b) the total of all deductibles and self-insured amounts required by such other insurance.