# Broadening Amendatory Endorsement

**Effective (At the time stated in the policy)**, this endorsement forms a part of Policy No.

**Issued to:** Insurance Company

**By:** ENDORSEMENT

(The information provided for above is required to be completed only when this endorsement is issued for attachment to the policy subsequent to its effective date.)

## Broadening Amendatory Endorsement Applicable to Commercial Umbrella Insurance (New York)

### Amendment I
It is agreed that the last paragraph of Insuring Agreement IV, Retained Limit—Limit of Liability is replaced by the following:

In the event of reduction or exhaustion of the aggregate limit(s) of liability under said underlying insurance by reason of losses paid or payable thereunder during this policy period, this policy shall, subject to the company's limit of liability stated in item 3A and 3B of the Declarations and to the terms and conditions of the underlying insurance,

1) in the event of reductions, pay excess of the reduced underlying insurance, or
2) in the event of exhaustion, continue such coverage afforded by underlying insurance in excess of the exhausted limit of such underlying insurance.

### Amendment II
It is agreed that condition A(6) Occurrence, is replaced by the following:

"Occurrence," wherever used herein, means an accident, or a happening or event, or a continuous or repeated exposure to conditions, which unexpectedly or unintentionally results in personal injury, property damage or advertising liability. All such exposure to substantially the same general conditions existing at or emanating from one premises location shall be deemed one occurrence.

All other terms and conditions of this insurance remain unchanged.