12.07.2015 Views

5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

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. From whom the Insured assumed liability by reason of a contract or agreement.All other terms and conditions remain unchanged.EFFICACY CLAUSE – Applies to Specific ProductsThis endorsement solely applies to “[Insert product name.]” products or parts or components (“SpecificProduct”).In respect of Specific Product, the Policy does not cover any legal liability arising out of or in any wayconnected with the failure of any Product to fulfill a particular purpose or intended function or meet aparticular level of performance, where the Named Insured have expressly or impliedly warranted orrepresented that the Product will fulfill such purpose or function (including purposes such as curing,alleviating, preventing, monitoring, detecting, eliminating or retarding Bodily Injury or Property Damage) ormeet such level of performance.OTHER INSURANCE REVISION CLAUSEIt is declared and agreed that this insurance will excess over any compulsory or valid or collectibleinsurance which has had voluntarily or mandatory retained by the Insured.Subject otherwise to the terms, conditions and exceptions of the policy.NOSE COVERAGE ENDORSEMENT – For Specified ProductsIt is hereby understood and agreed that in respect of Product insured [insert product names], coveragehereunder is extended to include claims which are first made against the Insured during the period of thisPolicy and which are also reported by the Insured to the Company hereunder in writing during the periodof this Policy, and which arise solely out of Occurrences occurring between [insert MM/DD/YYYY] and[insert MM/DD/YYYY].It is also understood and agreed that the inclusion of such coverage as is provided by this endorsementshall not increase or extend the aggregate limit of the Company's liability under this Policy beyond thatwhich is specified in the Policy.The word "claim" as used in the endorsement shall mean a written demand made on the Insured by a thirdparty for monetary damages, claims are subject to the deductible or self-insured retention applicableduring the period of this Policy.All other terms and conditions remain unchanged.PRODUCTS RECALL EXPENSE EXTENSION ENDORSEMENET (First-Party)SCHEDULE119

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