**GREAT AMERICAN INSURANCE COMPANIES**

Subsidiaries of American Financial Corporation

580 WALNUT STREET, CINCINNATI, OHIO 45202

**THE PROTECTOR**

**CATASTROPHE LIABILITY POLICY**

**GENERAL ENDORSEMENT**

**BANKRUPTCY OR INSOLVENCY**

The bankruptcy, insolvency, receivership or any refusal or inability to pay of the Insured (if the insurance is comprised in whole or in part of self insurance) and/or any insurer shall not operate to:

1. reduce or deplete the underlying insurance;
2. increase the Company's liability under this policy;
3. increase the Company's share of liability under this policy;

In no event shall the Company assume the responsibilities and/or obligations of the Insured and/or any insurer.

*SEP002 (05/92)
AI 6011 (Ed. 02/89) PRO
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