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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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7/30/2025 5:11:00 PM
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Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />Terrorism <br />Carrier Information Proposed <br />Policy Term 7/1/2025 - 7/1/2026 <br />Carrier Lloyd's Syndicate 3623 (Beazley Furlonge Limited) <br />A.M. Best Rating <br />Admitted/Non-Admitted <br />Payment Plan <br />Payment Method <br />A XV <br />Non-Admitted <br />Full Pay <br />Agency Bill <br />Premium & Exposures <br />Premium <br />Proposed <br />$14,460.00 <br />Exposure / TIV Total Insured Value - $777,685,467 <br />Minimum Earned Premium <br />75% <br />Minimum Type <br />Minimum Amount / Description <br />Estimated Cost $14,460.00 <br />Standard Coverages Proposed <br />Limit $10,000,000 - Each Occurrence / Claim / Aggregate Limit <br />Additional Coverages Proposed <br />Demolition and Increased Cost of Construction <br />Extension Sublimit: $25,000,000 <br />EXTENSIONS OF COVERAGE - If the Policy <br />provides business income coverage and/or <br />additional coverage(s) (hereinafter, collectively <br />referred to as Additional Coverages), the <br />Company will only cover such Additional <br />Coverages if they are directly caused by an Act <br />of Terrorism. With respect to the Additional <br />Coverages shown in the attached policy, the <br />Sublimits of Insurance shown below replace and <br />are not in addition to the same or similar <br />Sublimits of Insurance shown in the Policy. If no <br />sublimit is shown below, then the sublimit shown <br />in the Policy applies. <br />Service Interruption $50,000,000 any one occurrence and in the aggregate for direct suppliers <br />$25,000,000 any one occurrence and in the aggregate for indirect <br />suppliersService Interruption <br />$25,000,000 any one occurrence and in the aggregate for direct suppliers <br />only. Indirect coverage excluded.Contingent time element <br />Civil and Military authority This coverage is sub <br />limited <br />$50,000,000. 5 mile distance limitation to apply outside of metropolitan <br />regions. 1 mile distance limitation to apply in metropolitan regions <br />$50,000,000. 5 mile distance limitation to apply outside of metropolitan <br />regions. 1 mile distance limitation to apply in metropolitan regions.Ingress / Egress - This coverage is sub limited <br />Transportation $5,000,000 any one occurrence and in the aggregate (inland only) <br />30 <br /> <br /> <br />City Council 15 – 34 8/5/2025
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