Endorsements

Additional defense costs limit endorsement wording and examples

An additional defense costs limit endorsement can provide a separate limit for covered defense costs. These examples use the additional limit at different points in the payment sequence.

Coverage classification

Form type
Endorsements

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Additional defense costs limit endorsement forms compared by Intent, Coverage context, Conditions and limits
FormIntentCoverage contextConditions and limits

Westfield Select Insurance Company

Additional 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 Company

Additional 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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