# Limits of Insurance (continued)

The Limits of Insurance of this policy apply separately to each consecutive annual period and to any remaining period of less than 12 months, starting with the beginning of the Policy Period shown in Item 2 of the Declarations, unless the Policy Period is extended after issuance for an additional period of less than 12 months. In that case, the additional period will be deemed part of the last preceding period for purposes of determining the Limits of Insurance.

## Exclusions

This insurance does not apply to:

- **Asbestos Liability**: any liability arising out of:
  1. the mining, processing, manufacturing, use, testing, ownership, sale or removal of asbestos, asbestos fibers or materials containing asbestos;
  2. exposure to asbestos, asbestos fibers, or material containing asbestos; or
  3. any error or omission in supervision, instructions, recommendations, notices, warnings or advice given, or which should have been given, in connection with asbestos fibers or material containing asbestos.
  
- **Controlling Underlying Insurance Exclusions**: any liability excluded by controlling underlying insurance.
  
- **Nuclear Energy**: any liability excluded by the Nuclear Energy Liability Exclusion as stated on page 13 of this policy.
  
- **Pollution Liability**: any liability arising out of the actual, alleged or threatened discharge, dispersal, seepage, migration, release or escape of pollutants:
  - a. that are, or that are contained in any property that is:
    1. being moved from the place where such property or pollutants are accepted by an insured for movement into or onto the covered auto;
    2. being transported or towed by the covered auto;
    3. otherwise in the course of transit by or on behalf of an insured;
    4. being stored, disposed of, treated or processed in or upon the covered auto; or
    5. being moved from the covered auto to the place where such property or pollutants are finally delivered, disposed of or abandoned by an insured;

Form 07-02-1022 (Ed. 5/94)
Contract
Page 4 of 14