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R2017-117 Property, Liability & Workers Compensation Insurance for the City
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R2017-117 Property, Liability & Workers Compensation Insurance for the City
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Last modified
9/26/2017 8:42:37 AM
Creation date
9/26/2017 8:42:31 AM
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Resolution/Ordinance
Res Ord Num
R2017-117
Res Ord Title
Property, Liability and Workers Compensation for the City for 2018
Department
Finance
Approved Date
9/18/2017
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City Of Decatur <br /> Program Details <br /> Coverage: Excess Property <br /> Carrier: Travelers Indemnity Company <br /> Policy Period: 10/1/2017 to 10/1/2018 <br /> The following is a general summary of the Insuring Agreement. Refer to actual policy form for complete terms and <br /> conditions. <br /> Coinsurance or Agreed Amount: <br /> DESCRIPTION • AMOUNT COINSURANCE <br /> All Covered Property Yes N/A <br /> Coverage: <br /> SUBJECT OF • <br /> Limit Limit $219,969,313 x/s$1,150,000 <br /> --- - — — -- -- - <br /> Flood w/o A&V Sublimit $11,150,000 <br /> Earthquake w/o CA, Moderate&High Hazard Sublimit $11,150,000 <br /> Additional Coverage: <br /> DESCRIPTION • <br /> Ordinance or Law Sublimit $1,000,000 <br /> Newly Acquired Locations $2,000,000/90 Days <br /> Municipal Sales Tax Revenue Sublimit $11,000,000 <br /> Vehicles Sublimit $23,415,525 <br /> Perils Covered: <br /> DESCRIPTIONTYPE <br /> Special Form Risks of Direct Physical Loss or Damage Including Flood, Earthquake, Excluding Boiler& <br /> Perils �—MachineryTRIA. <br /> Endorsements include, but are not limited to: <br /> DESCRIPTION <br /> Travelers Excess Property Coverage Form XS P1 00 08 04 <br /> Exclusions include, but are not limited to: <br /> DESCRIPTION <br /> Earth Movement Exclusion <br /> ----------------- --- <br /> Arthur J.Gallagher Risk Management Services,Inc. <br /> 19 <br />
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