NON-ACCUMULATION OF LIABILITY. Regardless of the number of years this Policy may continue in force, and of the number of premiums which may be payable or paid, or of any other circumstances whatsoever, the aggregate liability of the Insurer under this Policy with respect to any Insured Event(s) will not be cumulative from year to year or period to period. When there is more than one Insured, the aggregate Limit of Liability of the Insurer for Loss(es) sustained by any or all of them will not exceed the amount for which the Insurer would be liable if all Loss(es) were sustained by any one of them.
Appears in 4 contracts
Samples: Food Borne Illness Insurance Policy, Product Recall Insurance Policy, Product Recall Insurance Policy
NON-ACCUMULATION OF LIABILITY. Regardless of the number of years this Policy may policy will continue in force, and of the number of premiums which may will be payable or paid, paid or of any other circumstances whatsoever, the aggregate liability of the Insurer under this Policy policy with respect to any Insured Event(sloss(es) will not be cumulative from year to year or period to period. When there is more than one Insured, the aggregate Limit of Liability of the Insurer for Loss(esloss(es) sustained by any or all of them will not exceed the amount for which the Insurer would be liable if all Loss(esloss(es) were sustained by any one of them.
Appears in 1 contract
