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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It is hereby understood and agreed that the Insurer shall not be liable to make any payment under thepolicy in connection with any Claim or Investigation based on, arising from or attributable to:(i)Company; or(ii)the bankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of theany Wrongful Act(s) which have led to or caused, directly or indirectly, wholly or in part thebankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of the Company.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE007 Bankruptcy / Insolvency Exclusion – Specific EntityIt is hereby understood and agreed that the Insurer shall not be liable to make any payment under thepolicy in connection with any Claim or Investigation based on, arising from or attributable to:(i)the bankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of[insert name of entity]; or(ii)any Wrongful Act(s) which have led to or caused, directly or indirectly, wholly or in part thebankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of [insert nameof entity].<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE077 Prior Acts 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):This policy only provides cover for Loss arising from any Wrongful Act or conduct occurring after [insertdate] and prior to the end of the Policy Period and otherwise covered by this policy.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE106 Tie In Limits EndorsementBy 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 combined total aggregate limit of liability that the Insurer shall be liable to pay for all Loss arising outof all Claims made against all Insureds under all insurance covers combined involving both this policyand also policy number [insert policy number] shall be US$[insert policy limit].This endorsement shall not be construed so as to increase the Limit of Liability shown in Item 3 of theSchedule.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE116 Specific AgreementBy 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):If the Directors & Officers Liability insurance policy issued to [Company name] [policy number] and thispolicy apply to the same Claim for which the Insured of this policy is liable, this policy will serve as theprimary policy.257

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