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

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

(iii)(iv)cover under this Extension will be in accordance with the terms, conditions, exclusions andlimitations (including the Insuring Agreement, Schedule, limit of liability and retention) of thepolicy in force at the time the Insured first became aware of the Prior Matter; andthe aggregate limit of liability available to cover Prior Matter under this Extension shall be cappedto the limit of liability available in the policy in force at the time the Insured first became aware ofthe Prior Matter (however, it shall be no greater than the Limit of Liability (including applicablesub-limits) available under this policy) and the Limit of Liability available under this policy shall beeroded by payments for Prior Matter covered under this Extension; and(v) the Insurer’s obligations are limited solely to the extent of the stated proportion of this policy.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE027C Entity Cover for Employment Practices LiabilityExtension of CoverThe Insurer will pay on behalf of the Company all Loss resulting from a Claim first made against theCompany for an Employment Related Wrongful Act after the Effective Date and during the PolicyPeriod or Discovery Period (if applicable).ExclusionsFor the purposes of this endorsement only, the Insurer shall not be liable to make any payment for Lossin connection with any Claim or Investigation:(a)based on, arising from or attributable to an Employment Related Wrongful Act received by theCompany on or prior to the Employment Practice Continuity Date;(b) based on, arising from or attributable to any liability assumed by the Company under an expressemployment contract or agreement unless the Company would have had such liability even in theabsence of such contract or agreement;<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE027D Entity Cover for Employment Practices LiabilityExtension of CoverThe Insurer will pay on behalf of the Company all Loss resulting from a Claim first made against theCompany for an Employment Related Wrongful Act after the Effective Date and during the PolicyPeriod or Discovery Period (if applicable).ExclusionsFor the purposes of this endorsement only, the Insurer shall not be liable to make any payment for Lossin connection with any Claim or Investigation:(c)(d)based on, arising from or attributable to an Employment Related Wrongful Act received by theCompany on or prior to the Employment Practice Continuity Date;based on, arising from or attributable to any liability assumed by the Company under an expressemployment contract or agreement unless the Company would have had such liability even in theabsence of such contract or agreement;(e) based on, arising from or attributable to any legal action or litigation brought in a court of lawconstituted in the United States of America or Canada, or any Claim arising out of the activities ofthe Company in the United States of America or Canada.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE030C Entity Cover for Securities Claims EndorsementExtension of CoverThe cover provided under this policy is extended to pay on behalf of the Company [insert amount]%Loss of the Company arising from any Securities Claim first made against the Company after theEffective Date and during the Policy Period (or Discovery Period if applicable) for any Wrongful Act273

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!