Products Liability Insurance Application
The undersigned declares that the person(s) and organization(s) proposed for this insurance understand that:
(i) the policy for which this application is made applies only to “Claims” first made during the “Policy Period”; and
(ii) completely exhausted by “Claim Expenses” and, in such event, the Company will not be liable for “Claim Expenses” or the amount of any judgment or settlement to the extent that such costs exceed the limits of liability in the policy.
WARRANTY: I/We warrant to the Company, that I/We understand and accept the notice stated above and that the information contained herein is true and that it shall be the basis of the policy and deemed incorporated therein, should the Company evidence its acceptance of this application by issuance of a policy.
Note: This application is signed by undersigned authorized agent of the Applicant(s) on behalf of the Applicant(s) and its partners, directors, officers, and employees. owners,
unless amended by endorsement, the limits of liability contained in the policy shall be reduced, and may be