CAA Contract ALUMBAUGH 2019 - Laserfiche WebLink

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Privacy Incident We will reimburse you up to $25,000 for all privacy incident expenses you incur as a result of any and all privacy incidents that first occur during the policy period, and which are reported to us during the policy period or within sixty (60) days thereafter. Under this subsection, the most we will pay is $25,000 in the aggregate for all privacy incidents expenses incurred as the result of a privacy incident occurring during the policy period, regardless of the number of privacy incidents, claimants or Insureds involved. Under no circumstance will we have a duty to defend any Insured under this provision. Our obligation to reimburse you for privacy incident expenses is expressly made contingent upon you submitting your request for reimbursement along with proof of your loss in a form acceptable to us within sixty (60) days of when the expense or payment was incurred. D. LIMITS OF LIABILITY AND DEDUCTIBLE Limit of Liability — Per Claim The most we will pay for all damages and claim expenses for each claim first made against the Insured and reported to us in writing during the policy period shall not exceed the Per Claim Limit of Liability set forth in the Declarations as the Per Claim Limit of Liability, regardless of the number of claims or related claims made, causes of actions asserted, or number of claimants or Insureds involved. 2. Limit of Liability — Aggregate The most we will pay for damages and claim expenses for all claims first made against the Insured and reported to us in writing during the policy period shall not exceed the amount stated in the Declarations as the Aggregate Limit of Liability, regardless of the number of claims or related claims made, causes of actions asserted, or number of claimants or Insureds involved. Claim Expenses Claim expenses we pay are a part of, and not in addition to, the Limits of Liability, and payment by us of claim expenses shall reduce and may exhaust the Limits of Liability. 4. Deductible You are obligated to pay all claim expenses and damages up to the amount of the deductible shown in the Declarations for each and every claim. However, the first $25,000 of claim expenses shall not be subject to the deductible and will be paid directly by us. The deductible shall be payable by you, as claim expenses in excess of $25,000 are incurred or as damages are paid. The amount of the deductible is within and reduces both the Per Claim and Aggregate Limits of Liability. Payment of the deductible shall be made by you within thirty (30) days of our demand for payment. 5. Related Claims All related claims will be treated as a single claim and subject to the Per Claim Limit of Liability stated in the Declarations of this Policy and will be deemed to have been made at the time the first of such related claims was made. Neither the making of a claim against multiple Insureds, the making of multiple claims, nor the making of claims by multiple people or entities, shall operate to increase either the Per Claim Limit of Liability or the Aggregate Limit of Liability under this Policy. 6. Multiple Policies Issued by Us If more than one lawyers' professional liability policy issued by us, or by a past, present or future parent, subsidiary or affiliate of ours, applies to the liability of an Insured, we shall not be liable for payment of damages and claim expenses under more than one policy. Any duty to pay damages and claim expenses shall be confined to the policy containing the largest applicable limit. If the limit of liability on each policy is the same, only one limit will apply. E. EXCLUSIONS This Policy does not apply to: ATY-0001-00-0116 Page 8 of 16 © 2016 Attorney Protective. All rights reserved.