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<br />-SECTION 4-SPECIFIC EXCESS LOSS INSURANCE <br /> <br />If during the Policy Year, or any :fraction of a Policy Year. Losses fur any Covered Person exceed-the <br />Specific Deducb"le Amount shown in the applicable Schedule, We will pay a benefit- for such Covered <br />Pmooinanmoount~ro: - <br /> <br />1. the amount by which Losses Paid during the Policy Year exceed the Specific Deductible Amount as <br />shown in the Schedule nm1tiplied by: - <br /> <br />2. the Benefit Percentage Payabl~ subject to <br /> <br />3. the Maximum Specific Benefit as shown in the Schedule. <br /> <br />Payment of Policy benefits is: <br /> <br />1. subject to all terms. conditions,1imitations and exclusions in the Policy and 1he Plan, and <br />2. contingent upon our receipt of satis:fuctOIy proof of Loss and Your request for reimbursement, and <br /> <br />3. determined, for any Covered Person during the Policy Year, a~rding to the Policy Basis/Benefit <br />Period. <br /> <br />Payment will not include any amounts paid or payable by Us to You fur Aggregate Excess Loss <br />Insurance according to the tcnns in Section 3 of this Policy. <br /> <br />If 1Jris PolicY tr.rmma~ mOl' ro the Expiration Date. the Benefit Period will not extend past the date of <br />- termination. In addition. the dedactible per Covered Person will mmly as if the PolicY were in force fur the <br />entire Policv Year. <br /> <br />SL-2001 <br /> <br />9 <br /> <br />(6101) <br />