Underlying insurance definition

Underlying insurance means any policies of insurance listed in the Declarations under the Schedule of "underlying insurance".

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Underlying insurance means the insurance coverage provided under policies shown in the Schedule of Underlying Insurance, or any additional policies agreed to by us in writing. It includes any policy issued to replace one of those policies during the term of this insurance that provides:

Underlying insurance means an existing insurance policy in force with

Examples of Underlying insurance in a sentence

• You must maintain in full effect Primary Underlying Liability insurance with minimum limits that meet the requirements of the ‘Required’ Primary Underlying insurance policies equal to those shown under the Declarations and Policy Application.

• If you do not, this policy will still be valid, but we will only be responsible for that portion of the ultimate net loss that exceeds the limits of liability required by the ‘Required’ Primary Underlying insurance policies.

• Underlying insurance policies may impose a dollar or percentage limit on some aspects of coverage (commonly called a sub-limit) at less than the total limit over which this policy is excess.

• Underlying insurance shall include all liability coverage required by the contract except Professional Liability Errors & Omissions coverage as outlined below.

• Underlying insurance is insurance on all or any part of the deductible and against all or any of the causes of loss covered by this Agreement.

More Definitions of Underlying insurance

Underlying insurance means the primary policy and all policies providing cover in excess of the primary policy up to the Underlying Limit of Liability stated in the Schedule.

Underlying insurance means any liability insurance policy

Underlying insurance means the Primary Policy and any Underlying Excess Policies.

Underlying insurance means the policies or self-insurance shown in the Schedule Of Underlying Insurance, any replacements thereof and other policies purchased or issued for newly acquired or formed organizations. Policies purchased or issued replacements of policies or self-insurance listed in the Schedule Of Underlying Insurance or for newly acquired or formed organizations shall not be more restrictive than those listed in the Schedule Of Underlying Insurance. All “underlying insurance” shall be maintained by you in accordance with the Maintenance Of Underlying Insurance condition of this policy.

Underlying insurance means any policy providing the "insured" with primary liability insurance covering one or more of the types of liability listed in the Declarations and at limits no less than the retained policy limits shown for those types of liability listed in the Declarations.

Underlying insurance means the policy, policies or self insurance, maintained by the "policyholder" or "rentee" which provides at least the Minimum Financial Responsibility limits where the "accident" occurred. This definition is associated with the terms and conditions as required under an automobile liability insurance policy.

Underlying insurance means the insurance afforded by the policies listed in the Schedule of Underlying Insurance contained in the Declarations of the Plan policy.