Transcription of EXCLUSION – PUNITIVE DAMAGES
1 SPECIMENTHIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. AP2111US 11-05 Page 1 of 1 EXCLUSION PUNITIVE DAMAGES This endorsement modifies insurance provided under the following: ALL COVERAGE PARTS COMBINED POLICY EXCLUSIONS, DAMAGES LIMITATION EXCLUSION is deleted in its entirety and replaced with the following: DAMAGES mean a monetary judgment, award, or settlement. DAMAGES do not include: a. Civil or criminal fines, sanctions or penalties, whether imposed pursuant to statute or otherwise; or b. Judgments or awards arising from acts or omissions deemed uninsurable by law; or c.
2 The restitution of consideration or expense paid to you for professional services rendered or which should have been rendered; or d. Disputed fees or any actual or alleged personal profit or advantage to which you are not legally entitled; or e. PUNITIVE or exemplary DAMAGES and the multiplied portion of multiplied DAMAGES ; or f. Equitable or non-pecuniary relief. ALL OTHER TERMS AND CONDITIONS OF THE POLICY REMAIN UNCHANGED
