Laserfiche WebLink
0 <br />ZURICH <br />CAP ON LOSSES FROM CERTIFIED ACTS OF <br />TERRORISM <br />Insureds Name <br />Policy Number <br />Effective <br />Endorsement <br />Date <br />Number <br />1 <br />SHOFAR LLC f.s.o. Slum Village <br />FLM1084498-00 <br />06/18/2022 <br />A <br />THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. <br />This endorsement modifies your insurance: <br />INLAND MARINE <br />A. Cap on Losses From Certified Terrorism Losses <br />"Certified act of terrorism" means an act that is certified by the Secretary of the Treasury, in accordance with <br />provisions of the federal Terrorism Risk Insurance Act ("TRIA"), to be an act of terrorism. The Terrorism Risk <br />Insurance Act provides that the Secretary of Treasury shall certify an act of terrorism: <br />1. To be an act of terrorism; <br />2. To be a violent act or an act that is dangerous to human life, property or infrastructure; <br />3. To have resulted in damage within the United States, or outside of the United States in the case of an air <br />carrier (as defined in section 40102 of Title 49, United States Code) or a United States flag vessel (or a vessel <br />based principally in the United States, on which United States income tax is paid and whose insurance <br />coverage is subject to regulation in the United States), or the premises of a United States mission; and <br />4. To have been committed by an individual or individuals as part of an effort to coerce the civilian population of <br />the United States or to influence the policy or affect the conduct of the United States Government by coercion. <br />No act may be certified as an act of terrorism if the act is committed as part of the course of a war declared by <br />Congress (except for workers' compensation) or if losses resulting from the act, in the aggregate for insurance <br />subject to TRIA, do not exceed $5,000,000. <br />If aggregate insured losses attributable to one or more "certified acts of terrorism" exceed $100 billion in a <br />calendar year (January 1 through December 31) and we have met our insurer deductible under the Terrorism <br />Risk Insurance Act, we shall not be liable for the payment of any portion of the amount of such losses that <br />exceeds $100 billion, and in such case insured losses up to that amount are subject to pro rata allocation in <br />accordance with procedures established by the Secretary of Treasury. <br />B. Application of Other Exclusions <br />The terms and limitations of a terrorism exclusion or any other exclusion, or the inapplicability or omission of a <br />terrorism exclusion or any other exclusion, do not serve to create coverage which would otherwise be excluded, <br />limited or restricted under this policy. <br />Ride kluagmad Divisian <br />z <br />REVIEWED & APPROVED BY. <br />Copyright © 2015 Zurich American Insurance Company ,e Aeevaa <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission <br />'��--'� Risk Management Specialist <br />