# Amendment - Limits of Insurance (Quota Share) - 178210 01 86

Excess Liability Policy

The policy applies subject to the following additional provisions:

A. DECLARATIONS PAGE Item 4. LIMITS OF INSURANCE, is amended to read as follows:

**LIMITS OF INSURANCE**

- $10,000,000 EACH OCCURRENCE - Quota Share Basis
- $10,000,000 AGGREGATE - Quota Share Basis

Our Limits of Insurance above shall only apply on a Quota Share Basis.

B. INSURING AGREEMENTS I. COVERAGE., the first paragraph is replaced by the following:

Subject to the other provisions of this policy, We will indemnify any Insured on a Quota Share Basis for the Insured's Ultimate Net Loss if such loss results from an occurrence insured by all of the policies designated in the Declarations as Underlying Insurance and Other Quota Share Insurance. However, the insurance afforded by this policy shall apply only (a) in excess of all Underlying Insurance, (b) after all Underlying Insurance has been exhausted by payment of the limits of such insurance, and (c) on a Quota Share Basis. If any Underlying Insurance does not pay a loss, for reasons other than exhaustion of an aggregate limit of insurance, then We shall not pay such loss.

C. INSURING AGREEMENTS II. DEFENSE AND EXPENSE OF CLAIMS AND SUITS., Section C. is replaced by the following:

C. Subject to all of the foregoing:

(1) If defense expense payments are included within the limits of insurance of any Underlying Insurance or any Other

This Form must be attached to Change Endorsement when issued after the policy is written.

One of the Fireman's Fund Insurance Companies as named in the policy

**Secretary**

**President**

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