Orange County NC Website
COMMERCIAL LIABILITY UMBRELLA <br /> CU 21 30 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 LIABILITY UMBRELLA COVERAGE PART <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 /> CU 21 30 01 15 © Insurance Services Office , Inc . , 2015 Page 1 of 1 <br />