# Duties in Regard to a Copy of "Underlying Insurance"

The first Named Insured in the Declarations is responsible to provide us with a copy of "controlling underlying insurance" and any subsequently issued endorsements that may in any way affect it.

## Financial Impairment

Bankruptcy, insolvency, rehabilitation, receivership, liquidation, or other financial impairment of the insured, the insured's estate, or an insurer listed in the Schedule of Underlying Insurance will not relieve us of our obligations under this Coverage Form. However, in no event will such bankruptcy, insolvency, rehabilitation, receivership, liquidation, or other financial impairment require us to provide coverage or assume any obligation of "underlying insurance".

## Legal Action Against Us

No person or organization has a right under this Coverage Form:

1. To join us as a party or otherwise bring us into a suit asking for damages from an insured; or
2. To sue us unless all of the terms of this Coverage Form have been fully complied with.

## Maintenance of "Underlying Insurance"

You agree to effect and maintain "underlying insurance" shown in the Schedule of Underlying Insurance, or renewal or replacement policies not more restrictive in their terms and conditions, in full force and effect during the policy period of the policy of which this Coverage Form is a part.

The limits of "underlying insurance" must be in effect and maintained without reduction other than by payment of losses covered thereunder.

You must notify us in writing as soon as practicable of exhaustion of "underlying insurance" aggregate limits. You must also inform us within 30 days of any cancellation of any policy of "underlying insurance", or replacement of the provider of any policy of "underlying insurance."

You must give us a written notice of any change in "underlying insurance" as respects:

1. Coverage;
2. Limits of insurance;
3. Termination of any coverage; or
4. Exhaustion of aggregate limits.