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<br /> <br /> <br /> <br />OFFEREE DISCLOSURE NOTICE OF <br />TERRORISM INSURANCE COVERAGE <br />(new policies and renewals with no terrorism <br />exclusion or sublimit and no premium charge) <br /> <br />Insuring Company: Federal Insurance Company <br /> <br />You are hereby notified that, under the Terrorism Risk Insurance Act (the “Act”) effective <br />December 26, 2007, we are making available to you insurance for losses arising out of certain <br />acts of terrorism. The policy you are purchasing already includes insurance for such acts. <br />Terrorism is defined as any act certified by the Secretary of the Treasury, in concurrence with <br />the Secretary of State and the Attorney General of the United States, to be an act of terrorism; <br />to be a violent act or an act that is dangerous to human life, property or infrastructure; to have <br />resulted in damage within the United States, or outside the United States in the case of an air <br />carrier or vessel or the premises of a United States Mission; and to have been committed by <br />an individual or individuals as part of an effort to coerce the civilian population of the United <br />States or to influence the policy or affect the conduct of the United States Government by <br />coercion. <br /> <br />You should know that the insurance provided by your policy for losses caused by acts of <br />terrorism is partially reimbursed by the United States under the formula set forth in the Act. <br />Under this formula, the United States pays 85% of covered terrorism losses that exceed the <br />statutorily established deductible to be paid by the insurance company providing the coverage. <br />However, if aggregate insured losses attributable to terrorist acts certified under the Act <br />exceed $100 billion in a Program Year (January 1 through December 31), the Treasury shall <br />not make any payment for any portion of the amount of such losses that exceeds $100 billion. <br /> <br />If aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 <br />billion in a Program Year (January 1 through December 31) and we have met our insurer <br />deductible under the Act, we shall not be liable for the payment of any portion of the amount of <br />such losses that exceeds $100 billion, and in such case insured losses up to that amount are <br />subject to pro rata allocation in accordance with procedures established by the Secretary of <br />the Treasury. <br /> <br />The portion of the offered policy’s annual premium that is attributable to insurance for acts of <br />terrorism is: $ -0-. <br /> <br />If you have any questions about this notice, please contact your agent or broker. <br />DocuSign Envelope ID: 010D91E2-5C66-4610-B0AF-F96D7E61B6C5