Laserfiche WebLink
INSURANCE COMPANY 2�&mm STREET•P.O.sox 23W•NEW BWAW.CT o6oWZM•(scot 224.2= <br /> BOND NO. / 15 X17 <br /> RIDER CONTAINING DISCLOSURE NOTICE OF TERRORISM <br /> COVERAGE <br /> This disclosure notice is required by the Terrorism Risk Insurance ACT of 2002 (the <br /> "Act"). No action is required on your part. This Disclosure Notice is incorporated in <br /> and a part of the attached bond, and is effective the date of the bond. <br /> You should know that, effective November 26, 2002, any losses covered by the <br /> attached-bond that are caused by certified acts of terrorism would be partially <br /> reimbursed by the United States under a formula established by the Act. Under this <br /> formula, the United States reimburses 90% of covered terrorism losses exceeding <br /> the statutory established deductible paid by the insurance company providing the <br /> coverage. <br /> Under the Act, there is a cap on our liability to pay for covered terrorism losses if the <br /> aggregate amount of insured losses under the Act exceeds $100,000,000,000. - <br /> during the applicable period for all insureds and all insurers combined. In that case, <br /> we will not be liable for the payment of any amounts which exceeds that aggregate <br /> amount of$100,000,000,000. <br /> The portion of your premium that is attributed to coverage for acts of terrorism is <br /> $0.00. <br /> IMPORTANT NOTE: THE COST OF TERRORISM COVERAGE IS SUBJECT TO <br /> CHANGE ON ANY BONDS THAT PREMIUM IS CHARGED ANNUALLY. <br /> - <br />