WHAT THIS POLICY COVERS Part “B”
1. The terms, conditions and exclusions of the uninsured motorists insurance (including underinsured motorists) of the automobile liability primary insurer policy listed in the Umbrella Schedule also apply to issued coverage.
2. The policy will pay those sums which a covered person or their legal representative shall become legally entitled to recover as damages because of loss which is covered by the uninsured motorists insurance (including underinsured motorists) of the automobile liability primary insurer policy listed in the Umbrella Schedule, less the applicable limit of liability of uninsured or underinsured motorists insurance.
3. The Limit of Liability as shown in this policy’s Declarations Page for Coverage B is the most that will be paid for any one loss, regardless of the number of covered persons, persons or organizations injured, claims made, autos covered under this policy, autos involved in an accident, coverage’s under this policy, exposures or premiums charged in the Declarations Page, or persons or organizations making claims or bringing suits.
4. The Policy Total Limit as shown in this policy’s Declarations Page for Coverage B is the most that will be paid for all losses during each policy period. The policy total limit applies separately to the policy period shown on the Declarations Page and to each subsequent consecutive annual period 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 policy total limit.
Coverage B- Excess Uninsured and Underinsured Motorists Bodily Injury Insurance.
1. Applies to loss which is sustained during the policy period within the policy territory defined in the uninsured motorists insurance (including underinsured motorists) of the automobile liability primary insurer listed in the Umbrella Schedule.
DEFENSE AND SETTLEMENT
Coverage B- Excess Uninsured and Underinsured Motorists Bodily Injury Insurance.
1. We have no duty or obligation to assume the responsibility for the investigation, settlement or defense of any claim made or any suit brought by or on behalf of any covered person.
2. However, we shall have the right and shall be given the opportunity to investigate and to be associated in the control of any claim or suit or loss which may, in our opinion, create liability on our part under the terms of this policy.
