Orange County NC Website
Browse       Search
a . immediately record the specifics of the in any way or under any circumstances insured <br /> " claim " or " suit" and the date received ; or assumed by us ; and <br /> b . notify us as soon as practicable and 5 . limits of " Underlying Insurance" will not <br /> immediately provide to us written notice of change except for any reduction in the <br /> the " claim " or " suit ; " and aggregate limit or Limits of Insurance by <br /> c . if the " Underlying Insurance " is on a payment of claims hereunder . <br /> claims - made form , you must provide Your failure and /or the failure of the <br /> written notice to us in conformance with " Underlying Insurer" to comply with this <br /> the applicable claims - made temporal condition will not invalidate this policy , but in <br /> conditions included within the " Underlying the event of such failure , we will only be liable <br /> Insurance . " to the same extent as if there had been <br /> compliance with this condition . <br /> 3 . You and any other involved insured must : <br /> H . Other Insurance <br /> a . immediately send us copies of any <br /> demands , notices , summonses or legal If other insurance applies to a " claim " or " suit" <br /> papers received in connection with the covered by this policy , the insurance under this <br /> " claim " or " suit " ; policy is excess of such other insurance and we <br /> b . authorize us to obtain records and other will not make any payments until the other <br /> information ; insurance has been used up . This condition shall <br /> c . cooperate with us in the investigation , not apply if the other insurance is specifically <br /> settlement or defense of the " claim " or written to be excess over this policy . <br /> " suit" ; and Except to the extent stated in this policy , this <br /> d . assist us , upon our request , in the insurance is not subject to the terms , conditions , or <br /> enforcement of any right against any limitations of any other insurance except for <br /> person or organization , which may be " Underlying Insurance . " <br /> liable to the insured because of injury or <br /> damage to which this insurance may also I . Transfer of Rights of Recovery Against Others to <br /> apply . us . <br /> 4 . No insured will , except at that insured ' s own If any insured has rights to recover all or part of <br /> cost , voluntarily make a payment , assume any any payment we have made under this policy , <br /> obligation , or incur any expense , other than for those rights are transferred to us . Each insured <br /> first aid , without our consent . must do nothing to impair these rights or the <br /> transfer thereof to us . Each insured must <br /> G . Maintenance of Scheduled Underlying Insurance cooperate with us and , at our request , assist us in <br /> the pursuit and enforcement of those rights . If there <br /> While this policy is in effect you agree to maintain is any money recovered , we will disburse that <br /> the " Underlying Insurance " listed in the " Schedule money , as follows : <br /> of Underlying Insurance" in full force . This means <br /> that : 1 . first , we will be repaid to the extent of our <br /> actual payment ; and <br /> 1 . the " Scheduled Underlying Policy " or 2 . second , if any money remains , the insured or <br /> " Scheduled Underlying Policies " may not be any " Underlying Insurer" will be repaid to the <br /> cancelled or not renewed by either you or the extent of their actual payment . <br /> " Underlying Insurer" without notifying us ; <br /> 2 . renewals or replacements will not be more If any expenses are incurred to recover money , we <br /> restrictive in coverage than the " Underlying will share the expenses with the insured or any <br /> Insurance " listed in the " Schedule of " Underlying Insurer" in proportion to the amount <br /> Underlying Insurance" ; that each is repaid . If our recovery attempt is not <br /> 30 the terms , conditions and endorsements of the successful , we will bear all of the recovery <br /> " Underlying Scheduled Insurance " will not expenses . <br /> materially change ; <br /> 40 the risk of uncollectibility ( in whole or in part) of J . Premium <br /> the " Underlying Scheduled Insurance " limit as <br /> listed in the " Schedule of Underlying The premium for this policy as stated in the <br /> Insurance , " or replacements thereof, whether Declarations is a flat premium and is subject to a <br /> because of financial impairment or insolvency minimum and deposit premium , if applicable . The <br /> of an " Underlying Insurer" or for any other premium is not subject to adjustment unless : <br /> reason , is expressly retained by you and is not <br /> Page 5of6 <br /> UMB - 100 08 18 <br />