Examples of Third Party Discrimination in a sentence
The Annual Aggregate Limit of Liability shown in the Declarations is the most we will pay for covered "loss" arising from all "claims" first made during the "policy period", or Extended Reporting Period, if applicable under the Directors and Officers Errors and Omissions Liability and Third Party Discrimination and Employment Practices Liability Coverage, regardless of the number of insureds, "claims" made, persons or organizations making "claims" or number of applicable coverages.
The Each Claim Limit of Liability shown in the Declarations for Third Party Discrimination and Employment Practices Liability limits is the most we will pay regardless of the number of insureds, "claims" made, or persons making "claims".
If a Limit of Liability is shown in the Declarations for Third Party Discrimination and Employment Practices Liability, we will pay "loss" which an insured shall be legally obligated to pay as a result of a "claim" first made during the "policy period" or an applicable Extended Reporting Period, for an "employment wrongful act" taking place on or after the retroactive date and prior to the end of the "policy period".
The following Supplementary Payments apply to Directors and Officers Errors and Omissions Liability and Third Party Discrimination and Employment Practices Liability.
If, prior to terminating or demoting an "employee", the "insured" consults with and follows the advice of a labor law attorney approved by us, then the Third Party Discrimination and Employment Practices Liability retention is reduced by 50% in the event the "insured" faces a "claim" resulting from such termination or demotion.