Laserfiche WebLink
I,' <br /> HI SCOX Hiscox Insurance Company Inc. <br /> ECONOMIC AND TRADE SANCTIONS POLICYHOLDER NOTICE <br /> Hiscox is committed to complying with the U.S. Department of Treasury Office of Foreign Assets Control (OFAC) <br /> requirements. OFAC administers and enforces economic sanctions policy based on Presidential declarations of <br /> national emergency. OFAC has identified and listed numerous foreign agents,front organizations, terrorists, and <br /> narcotics traffickers as Specially Designated Nationals (SDN's) and Blocked Persons. OFAC has also identified <br /> Sanctioned Countries. A list of Specially Designated Nationals, Blocked Persons and Sanctioned Countries may be <br /> found on the United States Treasury's web site http://www.treas.00v/offices/enforcement/ofac/. <br /> Economic sanctions prohibit all United States citizens (including corporations and other entities) and permanent <br /> resident aliens from engaging in transactions with Specially Designated Nationals, Blocked Persons and Sanctioned <br /> Countries. Hiscox may not accept premium from or issue a policy to insure property of or make a claim payment to a <br /> Specially Designated National or Blocked Person. Hiscox may not engage in business transactions with a Sanctioned <br /> Country. <br /> A Specially Designated National or Blocked Person is any person who is determined as such by the Secretary of <br /> Treasury. <br /> A Sanctioned Country is any country that is the subject of trade or economic embargoes imposed by the laws or <br /> regulations of the United States. <br /> In accordance with laws and regulations of the United States concerning economic and trade embargoes, this policy <br /> may be rendered void from its inception with respect to any term or condition of this policy that violates any laws or <br /> regulations of the United States concerning economic and trade embargoes including, but not limited to the following: <br /> (1) Any insured under this Policy, or any person or entity claiming the benefits of such insured, who is or becomes <br /> a Specially Designated National or Blocked Person or who is otherwise subject to US economic trade <br /> sanctions; <br /> (2) Any claim or suit that is brought in a Sanctioned Country or by a Sanctioned Country government,where any <br /> action in connection with such claim or suit is prohibited by US economic or trade sanctions; <br /> (3) Any claim or suit that is brought by any Specially Designated National or Blocked Person or any person or <br /> entity who is otherwise subject to US economic or trade sanctions; <br /> (4) Property that is located in a Sanctioned Country or that is owned by, rented to or in the care, custody or control <br /> of a Sanctioned Country government, where any activities related to such property are prohibited by US <br /> economic or trade sanctions;or <br /> (5) Property that is owned by, rented to or in the care, custody or control of a Specially Designated National or <br /> Blocked Person, or any person or entity who is otherwise subject to US economic or trade sanctions. <br /> Please read your Policy carefully and discuss with your broker/agent or insurance professional. You may also visit the <br /> US Treasury's website at http://www.treas.gov/offices/enforcement/ofac/. <br /> \ 41 <br /> Risk Managenent Division REVIEWED&APPROVED By: <br /> , Alte Advada <br /> LE ME MI S Risk Management Specialist <br /> INT N001 CW0109 -- <br />