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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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10/2/2019 5:46:48 PM
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10/2/2019 5:46:10 PM
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Resolution/Ordinance
Res Ord Num
R2019-144
Res Ord Title
R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
Department
Finance
Approved Date
9/23/2019
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City Of Decatur �� G'ailaghear <br /> ' ����R�i�C7�- <br /> Coverage: <br /> � � e <br /> All Coverages Under Caverage Section VIII Combined: Law Enforcement 'i ' ' Annual , <br /> Liability , Limit $1QOOQ,QQQ ' Aggregate <br /> _.. ..... . _ _ . . - _. . _.. .. _ .._. . _ ._....... . _�. _. . , _ <br /> Self Insured Retention <br /> ,r : <br /> This Policy Has the Fallowing Underlying Self Insured Retentions Which Apply to a Covered Lass for Each , _ ', <br /> I Accident, Occurrence,Qffense or Claim Under. <br /> General Liability $15p,000 , <br /> Errors&pmissions�iability Unless Listed Below $150,000 <br /> ' Errors&Omissions ' $150,Q00 <br /> Employment Practice�iability ! $150,000 <br /> 5exual Harassment Liability ! $150,000 <br /> Sexual Abuse Liability $15Q,000 '. <br /> ' Employee Benefits Liability $15p,00Q <br /> Law Enforcement Liability ' $15Q,000 <br /> _. _ _... _ _.. _.. _ <br /> Claims Made Caverage: <br /> Should you elect to change carriers(if a new retroactive date is provided)or non-renew this policy, a supplemental extended <br /> reparting andarsement may be available subjec#to policy terms and conditions.Yau must request the extended reporting period <br /> in writing to the carrier within(30)days of the expiration date.The cost of this extended reporting period is 100%of the annual <br /> premium and is fully earned.The extended reporting period extends only to those claims made during the extended reporting <br /> period far wrangful acts that occurred prior to the expiration date and would have been cavered by the palicy.Claims must be <br /> reported to the carrier within(30)days of the end of the policy periad. The extended reparting period does not increase the limits <br /> of liability and is subject to all palicy terms,canditions and exclusions. <br /> Definitian of Claim: <br /> . • <br /> Claim Means all Notices or Suits Demanding Payment of Money Arising aut of Occurrence,Accident,Wrongful Act,Sexual <br /> Narassment, Sexual Abuse, Negligent,4ct, Error or t7missian <br /> __. _..... . _ ....._ _ ._...... _ . <br /> Incident or Cla�m Reporting Pravision: <br /> -� - s r � � • <br /> Notice ta Third Party Administrator As soon as practicai <br /> , Run Off Provisions: <br /> � t • r w w <br /> Refer to attached palicy form -- 3Q days One Year 100% <br /> Additional Caverage: <br /> ! • i <br /> r .e,°'`�`'> <br /> Employers Liabili#y , $2,000,000 x$1,000,000 "'�a;;�:��: <br /> 'r;;; <br /> �`���; `� :�_: <br /> ` ,r; <br /> `` �` ".,'�°'" <br /> � '+ p�r��. <br /> 97 ` � m��. <br /> - �',,;� <br /> a�� a{�._ ���: <br /> ;� ;. �,���,: <br /> �, t-g���;: <br /> �,�� <br /> x.'x�a; <br />
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