Loss of Earnings and Expense Reimbursement. Upon submission to the Insurer of satisfactory written proof of payment, the Insurer shall reimburse the Named Insured as expense reimbursement for all reasonable and necessary expenses incurred by an Insured at the Insurer’s written request for attendance at any deposition, hearing or trial in connection with a Claim to which this policy applies. The Insurer shall compensate the Named Insured for loss of earnings of an Insured, a maximum of five hundred dollars ($500) per day for all Insureds to attend, at the Insurer’s written request, any deposition, hearing or trial in connection with a Claim to which this policy applies. The maximum the Insurer shall pay the Named Insured for all Insureds for compensation of all loss of earnings and expense reimbursement for all Claims to which this policy applies and all attendances at the Insurer’s written request is fifty thousand dollars ($50,000) per Policy Period. The Named Insured shall give the Insurer written notice as stated in Item 9 of the Declarations of written proof of payment of expenses as soon as practicable. In any event, such written proof of payment must be reported to RPS Plus Companies, on behalf of the Insurer, within sixty (60) days after incurring such expenses. Reimbursement to the Named Insured pursuant to this Section B., shall be in addition to the Limits of Liability stated in Item 4. of the Declarations and shall not be subject to the Deductible.
Loss of Earnings and Expense Reimbursement. Upon submission to Us of satisfactory written proof of payment by You, We will reimburse You as expense reimbursement for all reasonable and necessary expenses incurred by You at Our written request for attendance at any arbitration, mediation, deposition, hearing or trial in connection with a Claim to which this Policy applies. You will give Us written notice as stated in Part 7.B. and written proof of payment of expenses as soon as practicable. In any event, such written proof of payment must be reported no later than sixty (60) days after incurring such expenses. We will compensate You for Your loss of earnings up to a maximum of $400 per day to attend at Our written request any arbitration, mediation, deposition, hearing or trial in connection with a Claim to which this Policy applies. The maximum We will pay You for compensation of all loss of earnings and expense reimbursement for all Claims to which this Policy applies and all attendances at Our written request is the lesser of:
a. $10,000 per Policy Period, including the Extended Reporting Period, if purchased; or
b. The remainder of the applicable Limits of Liability stated in Item 4. of the Declarations Page; or
c. The remainder of the $1,000,000 per Policy Period for the combined total of all payments provided for by this endorsement. The most We will pay in all cases for the combined total of all Damages, Regulatory Fines, Losses, Breach Mitigation Expenses, reward payments, loss of earnings and expense reimbursements and Defense Costs arising out of all Unauthorized Accesses, Potential Unauthorized Accesses, offenses out of which Electronic Media Injuries arise or Unintentional Data Compromises and for which coverage is provided by this endorsement is the lesser of the applicable Limits of Liability stated in Item 4. of the Declarations Page or $1,000,000 per Policy Period and any Extended Reporting Period. Such payments will reduce the Limits of Liability stated in Item 4. of the Declarations Page and will be excess of the Retention.
