Non-Accumulation Clause

N-Clauses133 Views
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It is hereby understood and agreed that theLimit of Indemnity of this Policy shall be non-cumulative with other insurance policies issued by Us and the respective Limits of Indemnity of such other policies shall not increase by virtue of the existence of such other policies. In the event of a Claim arising where more than one policy is issued by Us, then Our maximum Limit of Indemnity shall be the equivalent to the highest Limit of Indemnity under any one of the policies issued by Us.

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