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Proposal of Insurance for: Decatur Public Transit System <br /> Coverage Highlights/Summary of Terms & Conditions of <br /> Recommended Carrier Quotations <br /> ' Travelers Indemnity Co. &Affiliates <br /> Coverage: Umbrella <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 /> UL=Underlying <br /> If Property, Limit/ <br /> Terms/Option/ Valuation D=Deductible/ <br /> Coverage Parts Limit Type R_=Retention Premium* <br /> ' Each Occurrence $9,000,000 <br /> General Aggregate $9,000,000 <br /> ' $10,000 $73,055 <br /> Products-Completed Operations $9,000,000 <br /> Aggregate <br /> ' `Premium includes TRIA premium of$ 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 and conditions. <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 /> ti Arthur J.Gallagher Risk Management Services,Inc. <br /> I'\Users\lmiller\Proposals\Decatur Transit Management 2011.docx 9/9/11 10 <br />