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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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9/29/2020 10:40:30 AM
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9/29/2020 10:40:21 AM
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Resolution/Ordinance
Res Ord Num
R2020-125
Res Ord Title
R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
Department
Finance
Approved Date
9/21/2020
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City Of Decatur400 Gallagher <br /> •CORE 360' <br /> Coverage: <br /> • <br /> FLiab�ility <br /> verages Under Coverage Section VIII Combined: Law Enforcement Limit $10,000,000 Annual <br /> Aggregate <br /> Deductibles/Self-Insured Retention <br /> Self-Insured This Pblicy Has the Following Underlying Self Insured Retentions Which Apply t777 <br /> Retention Loss for Each Accident,Occurrence, Offense or Claim Under: <br /> Self-Insured General Liability $150,000 <br /> Retention <br /> Self-Insured Errors &Omissions Liability Unless Listed Below $150,000 <br /> Retention <br /> Self-Insured Errors &Omissions $150,000 <br /> Retention <br /> Self-Insured employment Practice Liability $150,000 <br /> Retention <br /> Self-Insured Sexual Harassment Liability $150,000 <br /> Retention <br /> Self-Insured Sexual Abuse Liability $150,000 <br /> Retention <br /> Self-Insured Employee Benefits Liability $150,000 <br /> Retention <br /> Self-Insured Law Enforcement Liability $150,000 <br /> Retention <br /> Any Other Continuity or Specific Dates/Lim its applicable to the Claims-Made Conditions: <br /> Employee Benefits Liability -- <br /> Errors &Omissions -- <br /> Errployment Practice Liability -- <br /> Sexual Harassment Liability -- <br /> Sexual Abuse Liability -- <br /> Claims Made Coverage: <br /> Should you elect to change carriers(if a new retroactive date is provided) or non-renew this policy, a supplemental extended <br /> reporting endorsement may be available subject to policy terms and conditions. You must request the extended reporting period <br /> in w riling to the carrier within([Days To Extend]) days of the expiration date. The cost of this extended reporting period is <br /> [Percent Cost]% of the annual premum and is fully earned. The extended reporting period extends only to those claims made <br /> during the extended reporting period for w rongful acts that occurred prior to the expiration date and would have been covered by <br /> the policy. Clains must be reported to the carrier w ithin([Days To Report]) days of the end of the policy period. The extended <br /> reporting period does not increase the limits of liability and is subject to all policy terms, conditions and exclusions. <br /> 14 <br /> • <br />
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