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1 . a rate is shown in the Declarations ; or quotes within this policy , the definitions below will <br /> 2 . an endorsement or endorsements are attached apply . <br /> to this policy changing the Limit of Liability , adding <br /> or changing the " Underlying Insurance " , changing A . " Claim " or " Claims " means any demand , including <br /> the policy period , or because of an Extended a " suit , " against an insured for damages to which <br /> Reporting Period . this policy applies are alleged . <br /> If a flat premium is charged , and a minimum B . " Defense expenses " means the fees , costs and /or <br /> premium is shown in the Declarations , then that expenses which an " Underlying Insurer" has an <br /> minimum premium is fully earned as of the obligation to pay in the defense of a " claim , " <br /> inception of this policy . " claims " or " suit" pursuant to the terms and <br /> conditions of the " Underlying Insurance . " <br /> K . Representations <br /> Co " Schedule of Underlying Insurance " means the <br /> By accepting this policy , you agree that : Schedule of Underlying Insurance included within <br /> the Declarations to this policy . <br /> 1 . the statements in the Application for this policy <br /> and Declarations to this policy are accurate D . " Scheduled Underlying Policy " or " Scheduled <br /> and complete ; Underlying Policies " means the identified policy or <br /> 2 . those statements are based upon policies within the " Schedule of Underlying <br /> representations you made to us ; and Insurance . " <br /> 30 we have issued this policy in reliance upon <br /> your representations in the Application for this E . " Suit" means a civil proceeding in which damages <br /> policy and its Declarations . to which this policy applies are alleged , including , <br /> without limitation : <br /> L . Titles of Paragraphs 1 . An arbitration proceeding in which such <br /> damages are claimed and to which you must <br /> The titles of the varied Sections , Paragraphs , and submit or do submit with our consent ; or <br /> Subparagraphs of this policy and endorsements 2 . Any other alternative dispute resolution <br /> attached to this policy , if any , are inserted solely for proceeding in which such damages are <br /> convenience or reference and are not to be claimed and to which you submit with our <br /> deemed in any way to limit or affect the provisions consent . <br /> to which they relate . <br /> F . " Underlying Insurance " means the policy or policies <br /> M . Transfer of Rights and Duties within the " Schedule of Underlying Insurance" <br /> applicable or potentially applicable to the " claim " or <br /> Your rights and duties under this insurance may " suit . " <br /> not be transferred without our written consent , <br /> except in the event of the death of an individual G . " Underlying Insurer" or " Underlying Insurers " means <br /> insured and then only to that individual ' s the entity or entities that issued the " Underlying <br /> representative . Insurance . " <br /> N . When Loss is Payable <br /> This policy will not apply until an insured , or an <br /> insured ' s " Underlying Insurer , " is obligated to pay <br /> the amount of the " Underlying Insurance " for <br /> damages which are also covered by this policy . <br /> When the amount of loss has finally been <br /> determined , we will promptly pay on behalf of the <br /> insured the amount of the damages which comes <br /> within the terms of this policy . <br /> SECTION 6 . DEFINITIONS <br /> Except for the terms appearing in quotes within this <br /> policy , the terms within this policy have the same <br /> meaning as set forth in the applicable " Underlying <br /> Insurance . " With respect to the terms appearing in <br /> Page 6 of 6 <br /> UMB - 100 08 18 <br />