Endorsements

Run off at inception endorsement wording and examples

A run-off at inception endorsement can limit coverage to specified past conduct while changing other policy provisions. Compare how the cutoff is set and how reporting rights or premium terms change.

Coverage classification

Form type
Endorsements

Compare Run-off at inception endorsement forms

Run-off at inception endorsement forms compared by Intent, Coverage context, Notable terms
FormIntentCoverage contextNotable terms

Beazley Insurance Company, Inc.

Run-Off Endorsement at Inception

E12563 012019 ed.

Management Liability

Excludes payment for specified claims, investigations or inquiries arising from conduct on or after an entered date.Deletes specified extensions to the policy period.The additional premium is deemed fully earned on the endorsement effective date; the specimen date and premium are blank.

Westfield Insurance Company

Runoff From Inception Endorsement

CUP 01254 0426

Financial Institutions Management Liability

Limits specified coverage to claims, pre-claim requests or coverage events for wrongful acts, facts or circumstances before policy inception.Deletes references to the extended reporting period and changes cancellation terms.States that the entire premium is fully earned and non-refundable upon payment.

Notable clauses

“any Wrongful Act actually or allegedly committed or any conduct actually or allegedly undertaken on or after <Date>”

Beazley Insurance Company, Inc. · Run-Off Endorsement at Inception · E12563 012019 ed.

Cutoff date. The form excludes specified matters arising from conduct after the entered date; the specimen does not supply that date.

“any Wrongful Act, fact, or circumstance taking place on or after the inception of this Policy”

Westfield Insurance Company · Runoff From Inception Endorsement · CUP 01254 0426

Policy inception. The endorsement excludes loss on account of specified matters arising from conduct or circumstances on or after inception.

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