Common use of Coverage B. Third Party Liability Clause in Contracts

Coverage B. Third Party Liability. If a sum insured is shown under Section B of the Insuring Agreement Declaration Page, We provide coverage for any sum or sums which You or any other Covered Person become legally liable to pay and shall pay as a result of ownership or operation of Scheduled Vessel. We will settle or defend as We deem appropriate any claims or suits brought against You, using attor‐ neys of Our choice where We deem necessary. Our obligation to settle or defend all third party liability claims under this Insuring Agreement ends when the amount We pay for damages, investigation costs, legal expenses and removal of wreck equals the sum insured under this section of the Insuring Agree‐ ment. The Deductibles shown on the Insuring Agreement Declaration Page shall apply to each third party liability claim. Unless specifically agreed by us in writing and an additional premium paid, Liability cover is not provided for: i. Covered Persons with regard to their liability to You, other Covered Persons, Your spouse, other members of Your Family or persons who reside in Your household. ii. Your liability to other Covered Persons, Your spouse, other members of Your Family or persons who reside in Your household. iii. Liability assumed by You under any contract or agreement. iv. Liability which arises while the Scheduled Vessel is being transported on its own trailer or other‐ wise, except where the Scheduled Vessel is being hauled out or launched by a Covered Person. v. Fines or penalties imposed by any Government agency. vi. Punitive or exemplary damages however described. vii. Liability due to pollution by any substance whether it be gradual, or sudden and accidental except as provided for in the Pollution Coverage Extension of this Insuring Agreement. viii. Intentional acts. ix. Bodily injury or death benefits which are required to be or are covered by any State or Federal Act or Statute or any other compensatory statute. x. Bodily injury or death benefit to any persons employed by a Covered Person, hired as crew or not. xi. Liability to persons being towed, or to be towed, or having been towed in the water or in the air, from the time they commence to leave the Scheduled Vessel, until they are safely back on board, other than that provided under Coverage B, Water Activities Coverage Limitation of Liability. xii. Liability to or for divers operating from the Scheduled Vessel, from the time they commence to leave the Scheduled Vessel, until they are safely back on board. xiii. Liability to fare paying passengers or passengers carried under Charter. xiv. Liability for damage to any marine estuary, artificial or natural reef, living or dead coral or other marine organisms. xv. Loss or damage to any other vessel caused by the operation of the Scheduled Vessel in so far as the same would have been covered under Coverage A, Hull, Machinery, Equipment and Dinghy of this Insuring Agreement. xvi. Liabilities, medical expenses, costs, fees or any other related expense whatsoever arising out of illness or injury in any way related to or caused by exposure to the sun or the sun’s rays either cumulatively or suddenly. xvii. Any actual or alleged loss, liability, damage, compensation, injury, sickness, disease, death, med‐ ical payment, defence cost, cost, expense or any other amount, directly or indirectly and regard‐ less of any other cause contributing concurrently or in any sequence, originating from, caused by, arising out of, contributed to by, resulting from, or otherwise in connection with a Communicable Disease or the fear or threat (whether actual or perceived) of a Communicable Disease. Loss, liability, damage, compensation, injury, sickness, disease, death, medical payment, defence cost, cost, expense or any other amount, includes, but is not limited to, any cost to clean-up, detoxify, remove, monitor or test for a Communicable Disease. xviii. Bodily Injury or Property Damage arising, directly or indirectly, out of Sexual and/or Physical Abuse, Assault or Harassment by any person whosoever, regardless of degree of culpability or intent and whether the acts are alleged to have been committed by You or any representative, officer, agent, servant or employee of You or by any other person. Bodily Injury or Property Damage sustained by any person arising out of or resulting from any actual or alleged negligent act or omission in the employment, investigation, supervision, report‐ ing to the proper authorities or failure to so report or retention of a person for whom You are or ever were legally responsible for, which results in Sexual and/or Physical Abuse, Assault or Har‐ assment. Bodily Injury or Property Damage sustained by any person arising out of or resulting from any actual or alleged negligent act or omission in the prevention or suppression of any act of Sexual and/or Physical Abuse, Assault or Harassment.