Orange County NC Website
DocuSign Envelope ID:91 F43AFA-8CB4-4861-887A-F304C7A6614B <br /> COMMERCIAL GENERAL LIABILITY <br /> CG 21 70 01 15 <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 GENERAL LIABILITY COVERAGE PART <br /> LIQUOR LIABILITY COVERAGE PART <br /> EMPLOYEE BENEFITS LIABILITY ENDORSEMENT <br /> IMPROPER SEXUAL CONDUCT LIABILITY COVERAGE PART <br /> DIRECTORS AND OFFICERS LIABILITY <br /> A. If aggregate insured losses attributable to terrorist 2. The act is a violent act or an act that is <br /> acts certified under the federal Terrorism Risk dangerous to human life, property or <br /> Insurance Act exceed $100 billion in a calendar infrastructure and is committed by an individual <br /> year and we have met our insurer deductible or individuals as part of an effort to coerce the <br /> under the Terrorism Risk Insurance Act, we shall civilian population of the United States or to <br /> not be liable for the payment of any portion of the influence the policy or affect the conduct of the <br /> amount of such losses that exceeds $100 billion, United States Government by coercion. <br /> and in such case insured losses up to that amount B. The terms and limitations of any terrorism <br /> are subject to pro rata allocation in accordance exclusion, or the inapplicability or omission of a <br /> with procedures established by the Secretary of terrorism exclusion, do not serve to create <br /> the Treasury. coverage for injury or damage that is otherwise <br /> "Certified act of terrorism" means an act that is excluded under this Coverage Part. <br /> certified by the Secretary of the Treasury, in <br /> accordance with the provisions of the federal <br /> Terrorism Risk Insurance Act, to be an act of <br /> terrorism pursuant to such Act. The criteria <br /> contained in the Terrorism Risk Insurance Act for <br /> a "certified act of terrorism" include the following: <br /> 1. The act resulted in insured losses in excess of <br /> $5 million in the aggregate, attributable to all <br /> types of insurance subject to the Terrorism <br /> Risk Insurance Act; and <br /> CG 21 70 01 15 © Insurance Services Office, Inc., 2015 Page 1 of 1 <br />