Common use of Expense Coverage Clause in Contracts

Expense Coverage. The Underwriter shall pay the Insured for reasonable Investigative Expenses incurred and paid by the Insured, with the Underwriter’s prior written consent, to pay an independent accounting, auditing or other service that is not a Client to determine the existence or amount of loss covered under any Insuring Agreement of this Coverage Section; up to the Limit of Liability for the Expense Coverage Insuring Agreement set forth in ITEM 1 of the Crime Declarations and in excess of the deductible applicable to such covered loss. Such Limit of Liability for Expense Coverage shall be part of and not in addition to the Limit of Liability applicable to such other Insuring Agreement.