Orange County NC Website
DocuSign Envelope ID:656DF690-72BC-42BC-9E47-7038084D8FFA <br /> I ilk <br /> Healthcare Professional Liability <br /> (b) Any executive officer,director or stockholder of the Person Insured;but only as respects the liability <br /> of the Person Insured for the incidents which occur while such Insureds are acting on behalf of the <br /> Persons Insured and within the scope of their duties as such. <br /> 5. Section III.,LIMIT OF LIABILITY,is deleted in its entirety and replace by: <br /> III. LIMIT OF LIABILITY <br /> (a) Regardless of the number in Insureds under this insurance,the number of persons who sustained <br /> Bodily Injury and/or Property Damage or the number of Claims made or suits brought,the limit <br /> of liability stated in the Declarations as applicable to"each incident"is the limit of the company's <br /> liability for all Damages for each Incident covered by the policy,including any Extended Reporting <br /> Period. All Claims arising from the same or related Incident shall be considered a single Claim for <br /> the purpose of this insurance and shall be subject to the same limit of liability. <br /> (b) The limit of liability stated in the Declarations as"aggregate"is,subject to the above provision <br /> respecting"each Incident",the total limit of the Company's liability under this policy,including any <br /> Extended Reporting Period,for all Damages.The aggregate limit of liability shall apply separately to <br /> each"Person Insured". <br /> (c) The purchase of any Extended Reporting Period option shall not increase the limit of liability <br /> available under this insurance. However,the Deductible,as stated in Item#4 of the Declarations, <br /> shall be reinstated with the purchase of any Extended Reporting Period Option. <br /> 6. The"Definitions"section of the policy is amended by the addition of: <br /> "Advertising Injury"means injury arising out of an offense committed during the policy period <br /> occurring in the course of the Person Insured's advertising activities,if such injury arises out to libel, <br /> slander,defamation,violation of right of privacy,piracy,unfair competition,or infringement of <br /> copyright,title or slogan: <br /> "Automobile"means a land or motor vehicle,trailer of semitrailer designed for travel on public <br /> roads(including any machinery or apparatus attached thereto),but does not include mobile <br /> equipment; <br /> "Collapse Hazard"includes"Structural Property Damage"as defined herein and property <br /> damage to any other property at any time resulting therefrom.Structural Property Damage means <br /> the collapse of or structural injury to any building or structure due to(1)grading of land,excavating, <br /> borrowing,filling,back-filling,tunneling,pile driving,cofferdam work or caisson work,or(2)moving, <br /> shoring,underpinning,raising or demolition of any building or structure or removal or rebuilding of <br /> any structural support thereof. The Collapse Hazard does not include property damage(1)arising <br /> out of operations performed for any Person Insured by independent contractors of(2)included <br /> within the Completed Operations Hazard of the Underground Property Damage hazard,or(3) for <br /> which liability is assumed by the insured under an Incidental Contract: <br /> "Completed Operations Hazard"includes Bodily Injury and Property Damage arising out of <br /> operations or reliance upon a representation or warranty made at any time with respect thereto,but <br /> only if the Bodily Injury or Property Damage occurs after such operations have been completed or <br /> abandoned and occurs away from premises owned or rented to any Persons Insured. "Operations" <br /> 8 <br /> HCPL-8001 (Ed.11/09) <br />