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City Of Decatur <br /> Program Details (Cont.) <br /> Defense Limitations: <br /> • <br /> . • .• - . . • <br /> • <br /> Errors&Omissions Within Policy Limits(expenses erode <br /> A lies <br /> Liability pp policy limit) <br /> Binding Requirements: <br /> � - • • <br /> Subject to Receipt of A signed and dated Terrorism Disclosure notice must accompany all binding requests <br /> designating an acceptance or rejection of quoted Terrorism coverage. <br /> Subject to Receipt of A signed and dated Application must be submitted to PSI Program Managers, a division of <br /> Risk Placement Services, Inc.within 30 days of binding <br /> Other Significant Terms and Conditions/Restrictions: <br /> . - • • <br /> Total Package TRIA premium includes Surplus Lines Tax Rate of$65.00 and Surplus Lines Stamping Fee Rate of <br /> $4.00 <br /> Note: Quotation is subject to receipt of signed and dated complete application prior to binding. Premium is subject to <br /> change if exposures have increased. This indication is based on Total Insured Value at$207,242,501 (expiring with <br /> 2.5%increase due to inflation), 534 employees, 247 autos, 74,701 population and 163 full-time police. <br /> PSI Program Managers(10.0% Program Management&Underwriting+ 1.5%Claims Management) <br /> Insured's Loss Fund: $350,386 In the Aggregate Annually <br /> The Maximum Limit Of Insurance We Will Pay In Excess Of The Insured's Self Insured Retention For Part I B. - <br /> Clash Coverage Will Be: $750,000 <br /> Premium is minimum&deposit. Loss Fund is fully earned at Inception. Premium is payable in two equal <br /> installments due 10/1/2016 and 4/1/2017. <br /> Total Package Premium,Surplus Lines Tax Rate, Surplus Lines Stamping Fee Rate and Fire Marshal Tax applies <br /> for Property, General Liability Including Automobile and Law Enforcement Liability, Employee Benefits Liability and <br /> Errors and Omissions coverages. <br /> Premium INCLUDED <br /> Taxes INCLUDED <br /> Fees INCLUDED <br /> ESTIMATED PROGRAM COST INCLUDED <br /> Minimum Premium- 100.00% <br /> TRIA/TRIPRA PREMIUM INCLUDED <br /> (+Additional Surcharges,Taxes and Fees as applicable) <br /> Subject to Audit: Not Auditable <br /> Arthur J.Gallagher Risk Management Services,Inc. <br /> 23 <br />