5-2 承保範圍及不保事項 - ACE Group

ACE elite FraudProtector Insurance PolicyOutsourcing EndorsementNotwithstanding anything herein contained, the term employee as defined under Themeaning of policy terms under this policy is extended to include any employee, director orofficer of any company authorized and retained by you to perform your regular services(including but not limited to accounting, computing or payroll services) which you outsourced tosuch company under a written contract.To the extent that a director of such company is an employee he/she will only be covered whilstperforming acts coming within the scope of the usual duties of an employee.In all other respects this policy remains unaltered.ACE elite FraudProtector Insurance PolicyAggregate Limit EndorsementIt is understood and agreed that the following paragraph under the Section of “What does thepolicy pay” is deleted in its entirety.“Payment of any loss will not reduce our liability for other loss. However, our maximumliability for any single loss will not exceed the amount specified as the sum insured. All lossflowing from the acts of the same person or group of persons in collusion will be a single loss.This will be the case whether such loss involves one or more of the problems a) to e) set outunder What has gone wrong, involves one or more incidents of loss or is sustained in one ormore policy periods.”Further, the deleted paragraph is replaced by the following:“Our maximum liability for any losses will not exceed the amount specified as the suminsured. All loss flowing from the acts of the same person or group of persons in collusion willbe a single loss. This will be the case whether such loss involves one or more of the problemsa) to e) set out under What has gone wrong, involves one or more incidents of loss or issustained in one or more policy periods.”In all other respects this policy remains unaltered.ACE elite FraudProtector Insurance PolicySpecific Entities endorsementIt is understood and agreed that the section entitled “The meaning of policy terms” isamended as follows:1. The definition of Insured excludes the following entities in its entirety:a. [insert entity]2. The definition of Insured includes [insert entity].In all other respects this policy remains unaltered.ACE elite FraudProtector Insurance PolicyGlobal Insurance Program EndorsementInsuring AgreementWe shall indemnify the Named Insured in respect of sums equal to any payments for the374