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Proposal of Insurance for: Decatur Public Transit System <br /> I <br /> ' Coverage Highlights/Summary of Terms & Conditions of <br /> Recommended Carrier Quotations <br /> ! Travelers lk nity,Co.&Affiliates <br /> Coverage: General Liability <br /> Carrier: Travelers Indemnity Co. &Affiliates <br /> Form#: specimen upon request <br /> ' Form Type: ® Per Occurrence <br /> ❑ Claims-Made Retroactive and/or Pending and Prior Litigation Date <br /> ' ❑ N/A <br /> Effective: September 22, 2011 <br /> ' if Property, UL=Underlying Limit/ <br /> Terms/Option/ Valuation D=DeducUblel <br /> Coverage Parts, Limit Types R=Retention Premium* <br /> ' General Aggregate $2,000,000 <br /> Products-Completed Operations $2,000,000 <br /> Aggregate <br /> ' Personal and Advertising Injury $1,000,000 <br /> Limit Retention -$250,000 $1,963 <br /> Each Occurrence Limit $1,000,000 <br /> Fire Legal Liability $100,000 <br /> Medical Payments No Coverage <br /> Abuse or Molestation Aggregate $100,000 <br /> *Premium includes TRIA premium of$1%.This additional premium can be removed with acceptance of an absolute Terrorism exclusion. <br /> The following is a general summary of the Insuring Agreement.Actual policy form should be sought for complete terms andconditions. <br /> Auditable Exposures and Audit Frequency, if applicable: <br /> • N/A <br /> Statement of Defense Costs: <br /> ❑ Does Not Apply <br /> ® Applicable <br /> ❑ Within Policy Limit(expenses erode policy limit) <br /> ' ® In addition to Policy Limit, and if so: <br /> ❑ Limited <br /> ® Unlimited <br /> ❑ Follow Form Underlying <br /> ' Arthur J.Gallagher Risk Management Services,Inc. <br /> .II■11 <br /> ■ fj <br /> I,\Users\lmiller\Proposals\Decatur Transit Management 2011.docx 9/9/11 6 <br />