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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trademark, registered design or patent.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE069 Percentage Shareholder Exclusion - With Non-Solicitation LanguageBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):The Insurer shall not be liable to make any payment for Loss directly or indirectly based on, arising fromor attributable to any Claim brought by or on behalf of any person who owns or controls [insertpercentage] or more of the issued share capital of the Company.Provided, however, that this exclusion shall not apply to any Claim which is brought by a shareholderdescribed above if such Claim is instigated and continued totally independently of and totally without thesolicitation, assistance, active participation or intervention of any Insured or the Company.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE080 Product Liability ExclusionBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):The Insurer shall not be liable to make any payment for Loss directly or indirectly based on, arising fromor attributable to the failure or effect of any product.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE080A Product Liability Exclusion (for)By way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):The Insurer shall not be liable to make any payment for Loss in connection with any Claim orInvestigation for the failure or effect of any product.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE081 Professional Services Exclusion –With Carve-back For Failure To SuperviseBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):The Insurer shall not be liable to make any payment for Loss directly or indirectly based on, arising fromor attributable to the Company’s performance or attempted performance of professional services for anyperson or any act, error or omission relating thereto.Provided that this exclusion shall not apply to Loss solely based on or arising from any allegation of afailure to supervise any employee of the Company.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance Policy253

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