Orange County NC Website
Browse       Search
Docusign Envelope ID:C101DF94-8EEA-4210-A163-1FB71C9DF46C <br /> CNA E PS+ <br /> tech + pro + media + security + privacy <br /> 2. Privacy Regulation Fines Sublimit of Liability <br /> The amount set forth in the Coverage Schedule in the Declarations as the Privacy Regulation Fines <br /> Sublimit of Liability, is the limit of liability for all Privacy Regulation Fines, which limit is a sublimit of, and <br /> not in addition to, the Privacy Regulation Proceeding limit of liability set forth in the Declarations. <br /> 3. Privacy Regulation Investigation Limit of Liability <br /> The amount set forth in the Coverage Schedule in the Declarations as the Privacy Regulation Investigation <br /> Sublimit of Liability, is the limit of liability for all Privacy Regulation Investigation Expense, which limit is a <br /> sublimit of, and not in addition to, the Privacy Regulation Proceeding limit of liability set forth in the <br /> Declarations. <br /> 4. First Party Limit of Liability <br /> The amount set forth in the Coverage Schedule in the Declarations as the First Party Loss limit of Liability, is <br /> the limit of liability for all First Party Loss, regardless of the number of Network Impairments that occur <br /> during the Policy Period. <br /> 5. All Privacy Event Expenses, Extortion Payments and Privacy Regulation Investigation Expenses in <br /> the Aggregate <br /> The amount set forth in the Coverage Schedule in the Declarations for Privacy Event Expenses. Extortion <br /> Payments and Privacy Regulation Investigation Expenses is the limit of liability for all covered Privacy <br /> Event Expenses, Extortion Payments and Privacy Regulation Investigation Expenses, as applicable. <br /> C. RETENTIONS <br /> 1. Retentions set forth in the Declarations shall apply for each Insuring Agreement as set forth in the <br /> Declarations. The Insurer shall pay Damages and Claim Expenses in excess of any retention as it becomes <br /> due and payable to the Insureds. <br /> 2. The Insurer's obligation to pay Damages and Claim Expenses is in excess of any applicable retention. The <br /> Insurer will have no obligation to pay all or any portion of any applicable retention. Should the Insurer, in its <br /> sole discretion, pay any retention, then the Named Insured shall have the obligation to reimburse the Insurer <br /> for such amounts. <br /> 3. A separate retention applies to each Privacy Event, Extortion Demand and Privacy Regulation <br /> Investigation in the amount and as specified in declarations. The Insurer shall only be liable for the amount <br /> of Privacy Event Expenses, Extortion Payments or Privacy Regulation Investigation Expenses in <br /> excess of the applicable retention amounts. <br /> 4. A separate retention applies to each Network Impairment under each First Party Business Interruption <br /> Coverage And Extra Expense Insuring Agreement in the amount and as specified in declarations. The Insurer <br /> shall only be liable for the amount of First Party Loss which is in excess of the applicable retention amounts. <br /> 5. In the event more than one retention applies, the maximum total retention amount applicable shall be the <br /> highest of such applicable retentions. <br /> D. RELATED CLAIMS AND RELATED PRIVACY EVENT, EXTORTION DEMAND, PRIVACY REGULATION <br /> INVESTIGATION, OR NETWORK IMPAIRMENT <br /> GSL2302XX (Ed 6/11) <br /> Page 18 <br /> Copyright©2011 CNA. All Rights Reserved. <br />