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WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC 00 04 22 C <br />(Ed. 01-2021) <br />Terrorism Risk Insurance Program Reauthorization Act Disclosure Endorsement <br />This endorsement addresses the requirements of the Terrorism Risk Insurance Act of 2002 as amended and <br />extended by the Terrorism Risk Insurance Program Reauthorization Act of 2019. It serves to notify you of certain <br />limitations under the Act, and that your insurance carrier is charging premium for losses that may occur in the event <br />of an Act of Terrorism. <br />Your policy provides coverage for workers compensation losses caused by Acts of Terrorism, including workers <br />compensation benefit obligations dictated by state law. Coverage for such losses is still subject to all terms, <br />definitions, exclusions, and conditions in your policy, and any applicable federal and/or state laws, rules, or <br />regulations. <br />Definitions <br />The definitions provided in this endorsement are based on and have the same meaning as the definitions in the Act. <br />If words or phrases not defined in this endorsement are defined in the Act, the definitions in the Act will apply. <br />"Act" means the Terrorism Risk Insurance Act of 2002, which took effect on November 26, 2002, and any <br />amendments thereto, including any amendments resulting from the Terrorism Risk Insurance Program <br />Reauthorization Act of 2019. <br />"Act of Terrorism" means any act that is certified by the Secretary of the Treasury, in consultation with the Secretary <br />of Homeland Security, and the Attorney General of the United States, as meeting all of the following requirements: <br />a. The act is an act of terrorism. <br />b. The act is violent or dangerous to human life, property, or infrastructure. <br />c. The act resulted in damage within the United States, or outside of the United States in the case of the <br />premises of United States missions or certain air carriers or vessels. <br />d. The act has been committed by an individual or individuals as part of an effort to coerce the civilian population <br />of the United States or to influence the policy or affect the conduct of the United States Government by <br />coercion. <br />"Insured Loss" means any loss resulting from an act of terrorism (and, except for Pennsylvania, including an act of <br />war, in the case of workers compensation) that is covered by primary or excess property and casualty insurance <br />issued by an insurer if the loss occurs in the United States or at the premises of United States missions or to certain <br />air carriers or vessels. <br />"Insurer Deductible" means, for the period beginning on January 1, 2021, and ending on December 31, 2027, an <br />amount equal to 20% of our direct earned premiums during the immediately preceding calendar year. <br />Page 1 of 2 <br />© Copyright 2020 National Council on Compensation Insurance, Inc. All Rights Reserved. <br />HORaN <br />} z <br />RiskManagemerdDivisian <br />REVIEWED & APPROVED BY.- <br />f R. VSA44a <br />Risk Management Analyst <br />