Co-Insurance Clause

________________________ will follow _______________________, in all matters relating to this Policy.

All subsequent endorsements or amendments to this Policy shall be signed by ________________________ on behalf of each of Us.

It is hereby understood and agreed that We referred to in this Policy are as follow:

Insurer   Proportion   Company Stamp
      %    
(Lead Co-Insurer)          
      %    

 

PROVIDED ALWAYS THAT:

  • Our respective liabilities shall not exceed the Limits of Indemnity expressed in the Schedule or such other limits of indemnity as may be substituted therefore by endorsement hereon or attached hereto signed by or on behalf of Us
  • Our individual liability shall be limited to the proportion set against each of Our names.

It is further agreed that:

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