Common use of Multiple Insureds, Claims and Claimants Clause in Contracts

Multiple Insureds, Claims and Claimants. The applicable limit of liability shown in the respective Management Liability Coverage Part Declarations or the Professional Liability Coverage Part Declarations, and subject to the provisions of this Policy, is the amount the Insurer will pay for Loss, Privacy Event Expenses (as applicable) or Network Extortion Expenses (as applicable) per Policy Year regardless of the number of Insureds, Claims (including Privacy Regulation Proceedings), Privacy Events, Network Extortions, or persons or entities making Claims.