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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the aggregate shall remain as described in the Policies, Schedules and/or Endorsements attached theretorespectively.This endorsement shall not be construed to increase the Limits of Liability (Insurance) stated in theSchedules of any of the above-mentioned policies.All the other Terms, Conditions and Exclusions of this Policy remain unchanged.NOSE COVERAGE CLAUSEIt is hereby understood and agreed that this insurance is extended to apply to claims which are first madeagainst the Insured during the policy period and which are also reported by the Insured to the Company inwriting during the policy period, and which arise solely out of bodily injury or property damage includedwithin the products hazard.When used in this Endorsement:"bodily injury" means bodily injury, sickness or disease sustained by any person which occurs during theretroactive period, including death at any time resulting therefrom;"property damage" means(1) physical injury to or destruction of tangible property which occurs during the retroactive period,including the loss of use thereof at any time resulting therefrom, or(2) loss of use of tangible property which has not been physically injured or destroyed provided such lossof use is caused by an occurrence during the retroactive period.“retroactive period” means the period from [insert nose coverage period effective date] to [insert nosecoverage period expiry date]It is also understood and agreed that the inclusion of this endorsement shall not increase or extend theaggregate limit of the Company's liability under this policy beyond that which is specified in thepolicy. The word "claim" as used in the endorsement shall mean a written demand made on the Insuredby a third party for monetary damages, claims are subject to the deductible or self-insured retentionapplicable during the period of this policy.All other terms, conditions and exceptions remain unchanged.WAIVER OF SUBROGATION CLAUSE (A)In consideration of the premium charged, it is agreed that in case of Employer’s Liability claim under thisPolicy, [insert the Company or we] shall waive [insert its or our] right of recovery through subrogation orotherwise, against [insert vendors] and to the extent required by any agreement or by law, as theirrespective interests may appear.Amendment of 3.16 Professional Liability ExclusionIt is mutually agreed that 3.16 Professional Liability Exclusion in the Policy is deleted in its entirety andreplaced by the following:3.16 the rendering of or failure to render professional advice or service by the Insured given for a fee, orany error or omission connected therewith, except [insert particular service or product provided by the201

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