| Change |
November 3, 1977 |
January 1, 2002 |
| Form Title |
Excess Marine Liabilities
Clauses |
Following Form Excess
Marine Liabilities Clauses |
| Coverage Sections |
Did not contain specific
reference to Excess Charterer's Legal Liability, Excess Wharfinger's
and/or Safe Berth Liability |
Two Sections added:
(g) Excess Charterer's Legal Liability
(h) Excess Wharfinger's and/or Safe Berth Liability
Lettering change:
(g) Excess ___ changed to
(i) Excess ___ |
| Limit of Liability |
Contained within the
General Conditions as Clause 10. |
Added as separate Section
3. Limit of Liability
Note: this change shifts numbering of General Conditions 3 - 10 to
General Conditions 4 - 9 |
| Coverage Descriptions |
Did not contain specific
reference to Excess Charterer's Legal Liablility, Excess Wharfinger's
and/or Safe Berth Liability |
Two Sections added:
(g) Excess Charterer's Legal Liability
(h) Excess Wharfinger's and/or Safe Berth Liability
Lettering change:
(g) Excess ___ changed to
(i) Excess ___ |
| General Condition
Regarding Underlying Insurance |
Clause 6 - Underlying
Insurer's insolvency not mentioned. |
Clause 7 - Insolvency
clause added to read "In the event there is no recovery available to the
Assured under the Primary Policies, whether as a result of the bankruptcy
or insolvency of the underlying insurers or otherwise, the coverage
hereunder shall nontheless apply only in excess of the applicable Limit of
Liablility specified in the Primary Policies." |
| General Condition
Regarding Cancellation |
Clause 9 - Provides for
fifteen (15) days notice of cancellation |
Clause 10 - Provides for
thirty (30) days notice of cancellation with a provision for ten (10) days
notice of cancellation in the event of non-payment of premium thirty (30)
days after attachment or of any addtional premium due. |
| Schedule of Insurances |
Contained the word
Underlying |
The word Underlying was
deleted and all references in the form were amended to reflect this. |
