Laserfiche WebLink
THISENDORSEMENTCHANGESTHEPOLICY.PLEASEREADITCAREFULLY. <br />CAPONLOSSESFROMCERTIFIEDACTSOFTERRORISM <br />Thisendorsementmodifiesinsuranceprovidedunderthefollowing: <br />BUSINESSLIABILITYCOVERAGEFORM <br />OWNERSANDCONTRACTORSPROTECTIVELIABILITYCOVERAGEFORM <br />SPECIALPROPERTYCOVERAGEFORM <br />STANDARDPROPERTYCOVERAGEFORM <br />UMBRELLALIABILTYPROVISIONS <br />A.DisclosureOfFederalShareOfTerrorismLosses2. <br />TheactresultsindamagewithintheUnited <br />States,oroutsidetheUnitedStatesinthecase <br />TheUnitedStatesDepartmentoftheTreasurywill <br />ofcertainaircarriersorvesselsorthepremises <br />reimburseinsurersforaportionofsuchinsured <br />ofanUnitedStatesmission;and <br />losses,asindicatedinthetablebelowthatexceeds <br />theapplicableinsurerdeductible: <br />3. <br />Theactisaviolentactoranactthatis <br />dangeroustohumanlife,propertyor <br />CalendarYearFederalShareof <br />infrastructureandiscommittedbyanindividualor <br />TerrorismLosses <br />individualsactingaspartofanefforttocoerce <br />201585% <br />thecivilianpopulationoftheUnitedStatesorto <br />201684% <br />influencethepolicyoraffecttheconductofthe <br />UnitedStatesGovernmentbycoercion. <br />201783% <br />Ifaggregateindustryinsuredlossesattributableto <br />201882% <br />"certifiedactsofterrorism"underTRIAexceed$100 <br />201981% <br />billioninacalendaryear,andwehavemet,orwill <br />2020orlater80% <br />meet,ourinsurerdeductibleunderTRIA,weshall <br />notbeliableforthepaymentofanyportionofthe <br />However,ifaggregateindustryinsuredlosses, <br />amountofsuchlossesthatexceed$100billion.In <br />attributableto"certifiedactsofterrorism"underthe <br />suchcase,yourcoverageforterrorismlossesmay <br />federalTerrorismRiskInsuranceAct,asamended <br />bereducedonapro-ratabasisinaccordancewith <br />(TRIA),exceed$100billioninacalendaryear,the <br />proceduresestablishedbytheTreasury,basedon <br />Treasuryshallnotmakeanypaymentforany <br />itsestimatesofaggregateindustrylossesandour <br />portionoftheamountofsuchlossesthatexceeds <br />estimatethatwewillexceedourinsurerdeductible. <br />$100billion.TheUnitedStatesgovernmenthasnot <br />InaccordancewiththeTreasury'sprocedures, <br />chargedanypremiumfortheirparticipationin <br />amountspaidforlossesmaybesubjecttofurther <br />coveringterrorismlosses. <br />adjustmentsbasedondifferencesbetweenactual <br />B.CapOnInsurerLiabilityforTerrorismLosses <br />lossesandestimates. <br />A"certifiedactofterrorism"meansanactthatis <br />C.ApplicationOfExclusions <br />certifiedbytheSecretaryoftheTreasury,in <br />Thetermsandlimitationsofanyterrorismexclusion, <br />accordancewiththeprovisionsoffederalTerrorism <br />theinapplicabilityoromissionofaterrorism <br />RiskInsuranceAct,tobeanactofterrorismunder <br />exclusion,ortheinclusionofterrorismcoverage,do <br />TRIA.ThecriteriacontainedinTRIAfora"certified <br />notservetocreatecoverageforanylosswhich <br />actofterrorism"includethefollowing: <br />wouldotherwisebeexcludedunderthisCoverage <br />1.Theactresultsininsuredlossesinexcessof$5 <br />FormorPolicy,suchaslossesexcludedbythe <br />millionintheaggregate,attributabletoalltypes <br />PollutionExclusion,NuclearHazardExclusionand <br />ofinsurancesubjecttoTRIA;and <br />theWarAndMilitaryActionExclusion. <br />FormSS50190115Page1of1 <br />©2015,TheHartford <br /> <br />(IncludescopyrightedmaterialofInsuranceServicesOffice,Inc.withitspermission) <br /> <br />