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Limited Coverage For Loss By Wet Rot, Dry Rot, Bacteria, Fungi, or ...

Limited Coverage For Loss By Wet Rot, Dry Rot, Bacteria, Fungi, or ...

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AAIS<br />

ML 4902 08 02<br />

Page 7 of 7<br />

6) With respect to <strong>Limited</strong> <strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong><br />

<strong>Rot</strong>, <strong>Bacteria</strong>, <strong>Fungi</strong>, and Protists<br />

Liability <strong>Coverage</strong>, the following is<br />

added under How Much We Pay <strong>F<strong>or</strong></strong><br />

<strong>Loss</strong> Or Claim:<br />

<strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>, <strong>Fungi</strong>,<br />

and Protists Aggregate Liability<br />

Limit -- Regardless of the number of:<br />

a) "occurrences";<br />

b) "insureds";<br />

c) claims made <strong>or</strong> suits brought;<br />

d) persons injured; <strong>or</strong><br />

e) assessments made;<br />

"our" total "limit" f<strong>or</strong> <strong>Limited</strong> <strong>Wet</strong> <strong>Rot</strong>,<br />

<strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>, <strong>Fungi</strong>, and Protists<br />

Liability <strong>Coverage</strong> in any one policy<br />

year will not exceed the <strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong><br />

<strong>Rot</strong>, <strong>Bacteria</strong>, <strong>Fungi</strong>, and Protists<br />

Aggregate Liability Limit. However,<br />

this "limit" does not apply to<br />

coverage provided under Claims and<br />

Defense Cost and First Aid Expense<br />

under the Incidental Liability<br />

<strong>Coverage</strong>s.<br />

The <strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>,<br />

<strong>Fungi</strong>, and Protists Aggregate<br />

Liability Limit is the most that "we"<br />

pay f<strong>or</strong> each consecutive annual<br />

period and f<strong>or</strong> any remaining period<br />

of less than 12 months, beginning<br />

with the inception date of this policy<br />

as shown on the "declarations". If,<br />

however, the policy period is<br />

extended f<strong>or</strong> an additional period of<br />

less than 12 months, this additional<br />

period will be considered part of the<br />

preceding period f<strong>or</strong> the purpose of<br />

determining the "limit".<br />

The <strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>,<br />

<strong>Fungi</strong>, and Protists Aggregate<br />

Liability Limit is $50,000 unless a<br />

higher <strong>Wet</strong> <strong>Rot</strong>, <strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>,<br />

<strong>Fungi</strong>, and Protists Aggregate<br />

Liability Limit is shown on the<br />

"declarations".<br />

7) With respect to this <strong>Limited</strong> <strong>Wet</strong> <strong>Rot</strong>,<br />

<strong>Dry</strong> <strong>Rot</strong>, <strong>Bacteria</strong>, <strong>Fungi</strong>, and Protists<br />

Liability <strong>Coverage</strong>, Rest<strong>or</strong>ation of<br />

Limits under How Much We Pay <strong>F<strong>or</strong></strong><br />

<strong>Loss</strong> Or Claim does not apply.<br />

6. All other "terms" of the policy apply.<br />

ML 4902 08 02<br />

Copyright, American Association of Insurance Services, 2002

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