Orange County NC Website
COMMERCIAL EXCESS LIABILITY <br /> CX 21 30 09 08 <br /> THIS ENDORSEMENT CHANGES THE POLICY PLEASE READ IT CAREFULLY <br /> CAP ON LOSSES FROM CERTIFIED ACTS OF TERRORISM <br /> This endorsement modifies insurance provided under the following: <br /> COMMERCIAL EXCESS LIABILITY COVERAGE PART <br /> Any endorsement addressing acts of terrorism (how- "Certified act of terrorism" means an act that is certi- <br /> ever defined) in any "controlling underlying insurance" fied by the Secretary of the Treasury, in concurrence <br /> does not apply to this excess insurance The following with the Secretary of State and the Attorney General <br /> provisions addressing acts of terrorism apply with of the United States, to be an act of terrorism pursu- <br /> respect to this excess insurance ant to the federal Terrorism Risk Insurance Act. The <br /> If aggregate insured losses attributable to terrorist criteria contained in the Terrorism Risk Insurance Act <br /> acts certified under the federal Terrorism Risk Insur- for a"certified act of terrorism" include the following <br /> ance Act exceed $100 billion in a Program Year 1 The act resulted in insured losses in excess of$5 <br /> (January 1 through December 31) and we have met million in the aggregate, attributable to all types of <br /> our insurer deductible under the Terrorism Risk Insur- insurance subject to the Terrorism Risk Insurance <br /> ance Act, we shall not be liable for the payment of any Act; and <br /> portion of the amount of such losses that exceeds 2. The act is a violent act or an act that is dangerous <br /> $100 billion, and in such case insured losses up to to human life, property or infrastructure and is <br /> that amount are subject to pro rata allocation in ac- committed by an individual or individuals as part of <br /> cordance with procedures established by the Secre- an effort to coerce the civilian population of the <br /> tary of the Treasury United States or to influence the policy or affect <br /> the conduct of the United States Government by <br /> coercion <br /> CX 21 30 09 08 0 Insurance Services Office, Inc., 2008 Page 1 of 1 ❑ <br />