Laserfiche WebLink
COMMERCIAL GENERAL LIABILITY <br />c. Method Of Sharing <br />If all of the other insurance pennits contribution <br />by equal shares, we will follow this method also. <br />Under this approach each insurer contributes <br />equal amounts until it has paid its applicable <br />limit of insurance or none of the loss remains , <br />whichever comes first. <br />If any of the other insurance does not pennit <br />contribution by equal shares, we will contribute <br />by limits. Under this method , each insurer's <br />share is based on the ratio of its applicable limit <br />of insurance to the total applicable limits of <br />insurance of all insurers . <br />d. Primary And Non-Contributory Insurance If <br />Required By Written Contract <br />If you specifically agree in a written contract or <br />agreement that the insurance afforded to an <br />insured under this Coverage Part must apply on <br />a primary basis , or a primary and non- <br />contributory basis , this insurance is primary to <br />other insurance that is available to such insured <br />which covers such insured as a named insured, <br />and we will not share with that other insurance , <br />provided that: <br />(1) The "bodily in)Jry'' or "property damage" for <br />which coverage is sought occurs; and <br />(2) The "personal and advertising injury'' for <br />which coverage is sought is caused by an <br />offense that is committed ; <br />subsequent to the signing of that contract or <br />agreement by you. <br />5. Premium Audit <br />a. We will compute all premiums for this Coverage <br />Part in accordance with our rules and rates. <br />b. Premium shown in this Coverage Part as <br />advance premium is a deposit premium only. At <br />the close of each audit period we will compute <br />the earned premium for that period and send <br />notice to the first Named Insured. The due date <br />for audit and retrospective premiums is the date <br />shown as the due date on the bill. If the sum of <br />the advance and audit premiums paid for the <br />policy period is greater than the earned <br />premium , we will return the excess to the first <br />Named Insured. <br />c. The first Named Insured must keep records of <br />the information we need for premum <br />computation , and send us copies at such times <br />as we may request . <br />6. Representations <br />By accepting this policy , you agree : <br />Policy Number: Y-630 -7R289284 -TIL -23 <br />a. The statements in the Declarations are <br />accurate and complete ; <br />b. Those statements are based upon <br />representations you made to us ; and <br />c. We have issued this policy in reliance upon <br />your representations. <br />The unintentional omission of, or unintentional error <br />in , any infonnation pro'Aded by you which we relied <br />upon in issuing this policy will not prejudice your <br />rights under this insurance. However, this provision <br />does not affect our right to collect additional <br />premium or to exercise our rights of cancellation or <br />nonrenewal in accordance with applicable insurance <br />laws or regulations. <br />7. Separation Of Insureds <br />Except with respect to the Limits of Insurance, and <br />any rights or duties specifically assigned in this <br />Coverage Part to the first Named Insured, this <br />insurance applies: <br />a. As if each Named Insured were the only <br />Named Insured; and <br />b. Separately to each insured against whom claim <br />is made or "suit" is brought. <br />8. Transfer Of Rights Of Recovery Against Others <br />To Us <br />If the insured has rights to recover all or part of any <br />payment we have made under this Coverage Part , <br />those rights are transferred to us. The insured must <br />do nothing after loss to impair them. At our request , <br />the insured will bring "suit" or transfer those rights <br />to us and help us enforce them. <br />9. When We Do Not Renew <br />If we decide not to renew this Coverage Part, we will <br />mail or deliver to the first Named Insured shown in <br />the Declarations written notice of the nonrenewal <br />not less than 30 days before the expiration date . <br />If notice is mailed , proof of mailing will be sufficient <br />proof of notice. <br />SECTION V -DEFINITIONS <br />1. "Advertisement" means a notice that is broadcast or <br />published to the general public or specific market <br />segments about your goods, products or services <br />for the purpose of attracting customers or <br />supporters . For the purposes of this definition: <br />a. Notices that are published include material <br />placed on the Internet or on similar electronic <br />means of communication ; and <br />b. Regarding websites, only that part of a website <br />that is about your goods , products or services <br />for the purposes of attracting customers or <br />supporters is considered an advertisement. <br />Page 16 of 21 © 20 17 The Travelers Indemnity Company. All rights reserved . CG T1 000219 <br />Includes copyrighted material of Insurance Services Office , Inc . with its perm ission. <br />DocuSign Envelope ID: FCF872D7-0EBA-4C32-9641-6C083031D73D