# Excess Umbrella Coverage

## I. Coverage

NORTHBROOK hereby agrees, subject to the limitations, terms and conditions hereinafter mentioned, to indemnify the Insured for all losses incurred shall be obliged to pay by reason of the liability imposed upon the Insured by law or assumed under contract of any kind, including direct or consequential damages and expenses on account of:

- (a) Personal Injury, including death at any time resulting therefrom,
- (b) Property Damage,
- (c) Advertising Liability,

caused by or arising out of each occurrence happening anywhere in the world and arising out of the business conducted under the Underlying Umbrella Policies stated below and issued by the Underlying Umbrella Insurers.

### Underlying Umbrella Insurers, Policy Number and Limits

- **American Centennial #462-01-86-26**
  - $2,000,000. any one occurrence and in the aggregate (where applicable) excess of primary.
  - Various other carriers and policy numbers as on file with the company. $8,000,000. any one occurrence and in the aggregate (where applicable) excess of $2,000,000. any one occurrence and in the aggregate (where applicable) excess of primary.

## II. Limit of Liability — Underlying Limits

It is expressly agreed that liability shall attach to NORTHBROOK only after the Underlying Umbrella Insurers have paid or have been held liable to pay the full amount of their respective ultimate net loss liability as follows:

- (a) $10,000,000. ultimate net loss in respect of each occurrence, or
- (b) $10,000,000. in the aggregate for each annual period during the currency of this policy.

and NORTHBROOK shall then be liable to pay only the excess thereof up to a further:

- (c) $9,000,000. ultimate net loss in all in respect of each occurrence — subject to a limit of
- (d) $9,000,000. in the aggregate where applicable for each annual period during the currency of this policy.

## III. Definitions

A. "Named Insured" means the person or organization named in Item 1 of the Declarations and as stated in the insurance policies.

B. "Insured" means any other person or organization if included as an insured under the provisions of the Underlying Umbrella Policies and then only for the same coverage, except limits of liability, afforded under such Underlying Umbrella Policies.

## IV. Conditions

A. Prior Insurance and Noncumulation of Liability

It is agreed that if any loss covered hereunder is also covered in whole or in part under any other excess policy issued to the Insured prior to the inception date hereof the limit of liability herein as stated in Limit of Liability — Underlying Limits (c) and (d) shall not be reduced by any amounts due to the Insured on account of such loss under such prior insurance.

Subject to the foregoing paragraph and to all the other terms and conditions of this policy in the event that personal injury or property damage arising out of an occurrence covered hereunder is continuing at the time of termination of this policy, NORTHBROOK will continue to protect the Insured for liability in respect of such personal injury or property damage without payment of additional premium.

NUISI PRINTED IN U.S.A.