Common use of Insured Retention Clause in Contracts

Insured Retention. Our obligation to indemnify the insured applies only when the amount of loss and claim expense exceeds the Self-Insured Retention amount stated in the Common Policy Declarations per accident.

Insured Retention. a. Our obligation to indemnify the insured applies only when the amount of loss and claim expense exceeds the Self-Insured Retention amount stated in the Common Policy Declarations per accident. b. The Self-Insured Retention amount stated in the Common Policy Declarations applies to all