Supplemental Extended Reporting Period. 3. For 250% of the premium charged for this policy, a 5 year Supplemental Extended Reporting Period;
Supplemental Extended Reporting Period. A Supplemental Extended Reporting Period is available, but only by an endorsement and for an additional premium, subject to the following provisions. If purchased, this period begins with the end of the Basic Extended Reporting Period and lasts up to an unlimited time. Claims actually first made during this Supplemental Extended Reporting Period will be deemed to have been made during the policy period. You must give us a written request to purchase a Supplemental Extended Reporting Period within 60 days after the end of the policy period. The Supplemental Extended Reporting Period will not go into effect unless you pay the additional premium promptly when due. We will determine the additional premium for the Supplemental Extended Reporting Period Endorsement in accordance with our rules and rates. The additional premium will not exceed 200 percent of the annual premium for this insurance. The Supplemental Extended Reporting Period Endorsement will set forth the terms and conditions, not inconsistent with this section, applicable to the Supplemental Extended Reporting Period, including a provision to the effect that the insurance afforded is excess over any other insurance in force after the Supplemental Extended Reporting Period begins. ins urer or a governmental or regulatory authority, in Conditions Adverse Events Reporting Reporting an adverse event to us, another itself, does not constitute: • a conclusion that your product caused or contributed to such event; • an admission or assumption of liability; • a notice as described under the condition titled Notice Of Circumstances; • knowledge of a circumstance that would be expected to result in payment under this insurance; or • that injury or damage was expected or intended. Arbitration We are entitled to exercise all of the insured’s rights in the choice of arbitrators and in the conduct of any arbitration proceeding, except when the proceeding is between us and the insured. Bankruptcy Bankruptcy or insolvency of the insured or of the insured’s estate will not relieve us of our obligations under this insurance. Disclosures And Representations We have issued this insurance: • based upon representations you made to us; and Conditions Disclosures And Representations (continued) • in reliance upon your representations. Unintentional failure of an employee of the insured to disclose a hazard or other material information will not violate this condition, unless an officer (whether or not an employee) of any ...
Supplemental Extended Reporting Period. If this policy is terminated by nonrenewal or cancellation (other than for failure to pay a premium when due), You have the right to purchase a Supplemental
