# Professional and Financial Services Exclusion - Limited Exception for Resulting "Bodily Injury" and "Property Damage"

## Named Insured
| Endorsement Number |
|-------------------|
| Policy Symbol      | Policy Number | Policy Period to | Effective Date of Endorsement |

Issued By (Name of Insurance Company)

## THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
This endorsement modifies insurance provided under the following:

### Enhanced Commercial Umbrella Liability Policy

The policy is amended as follows:

#### Section V. EXCLUSIONS, is amended to add the following exclusions:

- **Professional and Financial Services**
  This insurance does not apply to:
  1. Any act, error, omission, malpractice or mistake arising out of or in any way related to "professional services" performed by the "insured" or any person for whom the "insured" is legally responsible, unless such act, error, omission, malpractice or mistake results in "bodily injury" or "property damage."
  2. "Bodily Injury," "property damage" or "personal and advertising injury" arising out of the failure to comply with the following:
    a. Section 130, Civil Liberty, of Title 1 (Truth in Lending Act) of the Consumer Protection Act (Public Law 90-321:82 Stat 146 ET Seq);
    b. The Financial Institution Reform, Recovery, and Enforcement Act of 1989 (FIRREA), including any amendments or revisions thereto, or any similar state or federal statute, law, regulation or order issued pursuant to the foregoing.
    c. The provisions of the Securities Act of 1933, the Securities Exchange Act of 1934, including any amendments or revisions thereto, or any similar state or federal statute, law, regulation or order issued pursuant to any of the foregoing.

#### Section VII. DEFINITIONS is amended to add the following definitions:

- **"Fiduciary"** as respects paragraph d. in the definition of "professional services" below means any operation conducted by or on behalf of the "insured" relating to or involving a confidence or trust, in connection with deeds of trust or mortgages including but not limited to acting as an administrator, executor, trustee under will or trust agreement, guardian, custodian, mortgage servicing agent, escrow agent or other similar trust or representative capacity in connection with deeds of trust or mortgages.
- **"Professional services"** means:
  a. Providing financial, economic, or investment advice or advisory or management services;
  b. Management of individual and corporate trusts and employee pension funds;
  c. Acting as an insurance agent, insurance broker, or general insurance agent;

MS-275567.13 (3/19)
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