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.dt <br /> ' Proposal of Insurance for: Decatur Public T. ansit Svst 3Ti i <br /> a <br /> Coverage Highlights/Summary of Terms & Conditions of <br /> Recommended Carrier Quotations <br /> \ <br /> Travelers Indemnity Co. &Affiliates <br /> Coverage: Commercial Auto <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 /> AUL=.Underlying:Limit/ <br /> 'Terms/option/ If Property, D_.Deductible/ <br /> Coverage Parts Limit Valuation Type R= Retention Premium <br /> Liability $1,000,000 <br /> Uninsured Motorists $40,000 Retention - $250,000 $70,301 <br /> Underinsured Motorists $40,000 <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 and conditions. <br /> Auditable Exposures and Audit Frequency, if applicable: <br /> Annually, based on 38 buses. Composite rate. <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 /> I:\Users\Imiller\Proposals\Decatur Transit Management 2011.docx 9/9/11 <br />