产品责任险条款.docx
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1、产品责任险条款01OccurrenceBasisClauseItisherebyagreedandamended:1Thisinsuranceappliesto“bodilyinjuryand/or“propertydamageresultingfromanoccurrencewhichhappensduringthepolicyperioddescribedintheschedule,onlyif:(1)Aclaimfordamagebecauseof“bodilyinjuryandor“propertydamageisfirstmadeinwritingagainsttheinsurero
2、fthisPolicybyanyinsuredbefore(areportingtimelimitnotexceed3yearsfrominceptionand(2)AnyinsureddidnotknoworcouldnothavereasonablyforeseensuchoccurrenceattheeffectivedateofthisPolicy.2.Asusedinthisendorsement:(1)“Aclaimbyapersonororganizationseekingdamagewillbedeemedtohavebeenmadewhenwrittennoticeofsuc
3、hclaimisreceivedbytheinsurer;(2)“Allclaimfordamagebecanseof“bodilyinjurytothesamepersonasaresuItofanoccu丌ence、willbedeemedtohavebeenmadeatthetimethefirstofthoseclaimsismadeagainstthelnsurer:PICCPROPERTYANDCASUALTYCOMPANYLIMITEDPage7ofl4PRODUCTSLIABITYINSURANCEPOLICY(3)“A】Iclaimfordamagebecauseof“pro
4、pertydamagecausinglosstothesamepersonororgmizationasaresultofanoccurrence,willbedeemedtohavemadeatthetimethefirstOfthOseclaimismadeagainsttheinsurerThisClanseissubjectotherwisetofheterms,conditionsandexceptionsofthisPolicy02ACostswithintheLimitofIndemnitysubjecttoSerfInsuredRetetionItsaeedthatthesup
5、plementaypaymentsunderthepolicyarewithinthelimitsofInsLuanceshowninthedeclarationsOurrightanddutytodendceasewhenwehaveuseduptheapplicablelimitofinsuranceintheDavmentOfjudgements,seltlementsorsupplementarypaymentsOurobligationtopaythesupplementarypaymentsappliesonlyinexcessofanySelfInsuredRetentionar
6、nountsstatedintheDeclarationsSELFINSUREDRETENTION(PERCLAIM)】_Inconsiderationofthepremiumcharged,itisagreedtheLimitsofInsuranceforeachOfthecoveragesprovidedbythispolicywillapplyexcessofaUS$30,00000perclaimSelSInsuredRetentionfhereinafterreferredtoasthe“RetentionAmount)TheRetentionAmount:(I)shallapply
7、onlyto“occurrencescoveredunderthispolicyand (2)shallapplyseparatelytoeachclaimarisingoutofsuch“occurrenceand(3)shallincludeallSupplementaryPaymentofpolicyYourbankruptcy,insolvencyorinabilitytopaytheRetentionAmountshahnotincreaseOurObli。gaffonunderthispolicy2Weshallhavetherightbutnotthedutytoparticip
8、atewithyouatourownexpenseinthcdefenseofsettlementotanyclanorsuitseekingdamagescoveredunderthispolicyhitheevefitofaclaimorsuitwhichinourreasonableJudgmentmayresultinpayments,includingsupplementarypayments,inanamountinexcessoftheretentionamount,wemayassumecontrolofthedefenseorsuchclaimofsuitYouwillcon
9、tinuetoberesponsibleforthepaymentoftheretentionamount3intheeventthereisanyotherinsurance,whetherornotcollectible,applicabletoan“occurrenceclaimorsuitwithintheretentionamount,youwillcontinuetoberesponsiblefbrthefullretentionamOunlbeforethelimitsofinsuranceunderthispolicyapply03LossAdjusterClause-GABR
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