ALTA Endorsement 23-06 (Co-Insurance - Single Policy) (1/1/08)

ENDORSEMENT

Attached to Policy No.

Issued by

STEWART TITLE GUARANTY COMPANY
("Co-Insurer")

CO-INSURANCE ENDORSEMENT

Attached to and made a part of Stewart Title Guaranty Company ("Issuing Co-Insurer") Policy No. __________________________ ("Co-Insurance Policy"). Issuing Co-Insurer and any other co-insurers are collectively referred to as "Co-Insurers."

1. Co-Insurer issues this endorsement as evidence of Co-Insurer's liability under Co-Insurance Policy and directs that this endorsement be attached to the Co-Insurance Policy adopting its Covered Risks, Exclusions, Conditions, Schedules and Endorsements, as follows:

Co-Insuring Companies

Name and Address

Policy Number [File Number]

Amount of Insurance

Percentage of Liability

Issuing Co-Insurer

 

 

$

 

Co-Insurer 

 

 

$

 

Co-Insurer

 

 

$

 

Co-Insurer

 

 

$

 

Aggregate Amount of Insurance

 

 

$

 


2. Each Co-Insurer shall be liable to the Insured under the Co-Insurance Policy only for the total of the loss and costs multiplied by its Proportion of Liability.

3. Any notice of claim and any other notice or statement in writing required to be given under the Co-Insurance Policy must be given to Co-Insurer at its address set forth above.

4. Any endorsement to the Co-Insurance Policy issued after the date of this Co-Insurance Endorsement must be signed on behalf of the Co-Insurer by its authorized officer or agent.

5. This Co-Insurance Endorsement is effective as of the Date of Policy of the Co-Insurance Policy. This Co-Insurance Endorsement may be executed in counterparts.

This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.


STEWART TITLE GUARANTY COMPANY


[Additional Co-Insurer signatures may be added if needed.]

 

For issuing guidelines on this form, see Guidelines