Coverage classification
- Form type
- Endorsements
- Product lines
- Management LiabilityDirectors and Officers Liability
Compare Additional defense costs limit endorsement forms
| Form | Intent | Coverage context | Conditions and limits |
|---|---|---|---|
Westfield Select Insurance CompanyAdditional Defense Costs Limit Endorsement CUP 01121 1125 Financial Institutions Management Liability | Adds a single separate limit for specified defense costs. | Defense payments first reduce applicable policy aggregates and then reduce the additional defense limit after those aggregates are exhausted. | The extra limit applies to all defense costs for covered claims or pre-claim requests combined; the amount is blank in the specimen. |
Federal Insurance CompanyAdditional Defense Costs Limit Endorsement PF-55236 (07/21) Directors and Officers Liability | Adds a single separate limit for defense costs on covered matters. | Defense payments first reduce the additional defense limit and then reduce the policy aggregate after the additional limit is exhausted. | The extra amount applies to defense costs for all covered matters combined; the amount is blank in the specimen. |
Notable clauses
“shall first reduce the applicable Insuring Agreement Aggregate Limits of Liability”
Westfield Select Insurance Company · Additional Defense Costs Limit Endorsement · CUP 01121 1125
Policy aggregate first. The additional defense limit responds after the specified applicable aggregates are exhausted.
“shall first reduce the Additional Defense Costs Limit”
Federal Insurance Company · Additional Defense Costs Limit Endorsement · PF-55236 (07/21)
Additional limit first. After the additional limit is exhausted, further defense payments reduce the specified policy aggregate.
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