Tie-in of limits wording and examples

Form type: Endorsements
Topics: Management Liability Professional Liability Aggregate Limits Excess
Product lines: Directors & Officers Liability Employment Practices Liability Professional Errors & Omissions Liability Management Liability

Compare Tie-in of limits forms

Tie-in of limits forms compared by Intent, How limits interact, When it applies
Form	Intent	How limits interact	When it applies
Mitsui Sumitomo Insurance USA Inc. Tie-In of Limits (Common Claim) Endorsement MSIG 11P40319 0726 Management Liability	Caps aggregate insurer liability for a claim covered by this policy and specified policies.	Sets the cap at the greater of this policy aggregate limit or the specified policy limit.	Applies to a claim covered in whole or in part by both policies and includes scheduled policies and direct renewals.
Mitsui Sumitomo Insurance USA Inc. Absolute Tie-In of Limits Endorsement MSIG 11P40266 0726 Management Liability	Sets a combined maximum for loss under this policy and specified policies.	Payments under either policy reduce the available limit under the other.	Identifies the specified policies in a schedule.

“a Claim covered, in part or in whole, by this Policy and the Specified Policy(ies)”

Mitsui Sumitomo Insurance USA Inc. · Tie-In of Limits (Common Claim) Endorsement · MSIG 11P40319 0726

Common claim. The common-claim provision applies when the claim is covered by the policy and specified policies.

“Any payment of Loss under this Policy shall reduce the limit of liability available under the Specified Policy(ies)”

Mitsui Sumitomo Insurance USA Inc. · Absolute Tie-In of Limits Endorsement · MSIG 11P40266 0726

Payments reduce limits. The absolute tie-in also states that payments under specified policies reduce this policy limit.

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