# Terms & Conditions:

This binder letter is predicated upon the understanding that the submitted information is accurate, the Loss information includes total incurred losses ground up and that the losses have not been capped. The Terms and Conditions of this acceptance of risk of excess coverage may be amended should there be discovery of a material change to the submitted information.

This binder contains only a general description of coverages provided. For a detailed description of the terms of a policy, you must refer to the policy itself.

*** IMPORTANT - POLICY ISSUANCE VERIFICATION***

Our policy will be issued based upon the information displayed in this document. We ask that you thoroughly review this information (including the Named Insured and Address) to ensure it is correct. Your careful review, and timely advice if correction is needed, will help us to provide you with an accurate policy at time of issuance.

This binder includes certain information regarding the terms and conditions of the policy. If there is any conflict between the Terms and Conditions stated in this binder and the Terms and Conditions of the policy when issued, the terms and conditions of the policy shall govern.

The Company will issue the Policy electronically unless you advise it otherwise, in writing.

Thank you for selecting AIG for your business.

Please contact me if you have any questions.

Sincerely,

Lisa M. Keller

AIG Excess Casualty

NOTICE: THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING REQUIREMENTS OF THE NEW YORK STATE INSURANCE DEPARTMENT. HOWEVER, SUCH FORMS AND RATES MUST MEET THE MINIMUM STANDARDS OF THE NEW YORK INSURANCE LAW AND REGULATIONS.
2 - 13000