In Matich v. Modern Research Corp, 430 Mich 1; 420 NW2d 67 (1988), the Court was construing virtually identical policy provisions in two contracts of insurance. The issue in Matich was whether the liability of the insurers for postjudgment interest should be calculated on the basis of their respective policy limits or on the full amount of the judgment. Id., at 23. The Court found that "each insurer contractually obligated itself to pay interest on 'the entire amount' of the judgment which 'accrued after entry of judgment . . .'" Id., at 24. The Court noted that an insurer may not only limit the risk that it assumes but also, under policies such as the one here, may tender its policy limits and avoid liability for postjudgment interest. Id., at 24-25. The Court concluded that, "given the clear language of the 'standard interest clause' in these policies, the insurers by the terms of their insurance policies assumed the obligation to pay postjudgment interest on the entire amount of the judgment . . ." Id., at 26-27.