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AGGREGATE EXCESS LOSS <br /> MONTHLY AGGREGATE ACCOMMODATION PROVISION <br /> This provision applies only if indicated on the Schedule . <br /> SAFECO will reimburse the Participating Employer during the current Policy Period if, at the end of any <br /> month during that period, the Net Covered Expenses (defined below) exceed the sum of the Monthly <br /> Aggregate Attachment Points for the same period by $ 1 , 000 or more . <br /> Net Covered Expenses means the sum of the payments for Covered Expenses made by the Participating <br /> Employer: <br /> a . less Covered Expenses in excess of the Individual Deductible shown on the Schedule ; and <br /> b , less any applicable Monthly Aggregate Accommodation reimbursements made by SAFECO . <br /> The Monthly Aggregate Accommodation Provision will not apply during the last month of the Policy Period <br /> or during the Run-out Period . <br /> OVERPAYMENT BY SAFECO <br /> SAFECO may, at its option , require repayment of any previous Monthly Aggregate Accommodation <br /> reimbursement , and may also reduce subsequent Excess Loss reimbursements if at any time during the <br /> Policy Period the total of all : <br /> a . Monthly Aggregate Accommodation reimbursements ; and <br /> b . Individual Excess Loss reimbursements ; and <br /> c . Monthly Aggregate Attachment Points <br /> for the previous Policy Months in that Policy Period exceeds the total Paid Claims for the same Policy <br /> Months in that Policy Period . <br /> END OF POLICY YEAR RECONCILIATION <br /> At the end of the Policy Period , any Monthly Aggregate Accommodation reimbursement that exceeds the <br /> amount payable under the Aggregate Excess Loss provisions must be repaid within 31 days of written <br /> notice from SAFECO . <br /> LGC 8811 03/02 <br />