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Bi n d a b I e Quotations and For the coverage options you choose to have us bind, premiums are due and payable as <br /> billed, in full or as insurance company installments. Premiums may be financed,subject <br /> Compensation Disclosure Schedule to acceptance by an approved finance company. Note: Following acceptance, <br /> completion(and signature)of a premium finance agreement with the specified down <br /> payment is required. <br /> Eta, <br /> Z (2) Wholesaler MGA or'Intermediary <br /> 4 Fee or <br /> Inch, e� Commission :(2),t (4) AJG- <br /> Carrier Name Est. Annual a <br /> if Capped Comm. (3) IN%Mll B'roke'r°/a Owned <br /> and Covera a Premium Yes,,,..,./No W.. <br /> 9 applicable *** ajo Name (Iii§ert***;t applicable) Yes/No <br /> General Liability <br /> The Travelers Indemnity Company $1,963 No 15% <br /> Business Auto <br /> The Travelers Indemnity Company $70,301 No 15% <br /> Umbrella <br /> The Travelers Indemnity Company $73,055 No 15% <br /> Some carriers pay Gallagher supplemental or contingent commissions in addition to the policy commission.Contingent commissions are typically contingent upon performance factors such as <br /> growth,profit,volume or retention,while supplemental commissions are not.These supplemental or contingent commissions may range from less than 1%up to 10%of the policy premium.Please <br /> refer to the Contingent and Supplemental Commission Disclosure or contact your Gallagher representative for additional information. <br /> 1. * If the premium is shown as an indication:The premium indicated is an estimate provided by the market.The actual premium and acceptance of the coverage requested will be <br /> determined by the market after a thorough review of the completed application. <br /> ** A verbal quotation was received from this carrier.We are awaiting a quotation in writing. <br /> 2. Commission rate is a%of annual premium,excluding fees and taxes. <br /> — Gallagher is receiving commission on this policy.The fee due Gallagher will be reduced by the amount of the commissions received. <br /> 3. We were able to obtain more advantageous terms and conditions for you through an intermediary/wholesaler. <br /> 4. `*** The non-Gallagher intermediary/wholesaler did not provide their compensation information for this proposal.The usual and customary compensation to a wholesaler/intermediary ranges <br /> from 5%to 12%,but we cannot verify that range is applicable in connection with this proposal. <br /> Arthur J. Gallagher Risk Management Services,Inc. <br /> I:\Users\Imdler\Proposals\Decatur Transit Management 2011.docx 9/9/11 <br />