# Insurance Policy Details

## Limits
- **Per Occurrence:** $25,000,000
- **Aggregate Limit:** $25,000,000

## Underlying Limits (Insuring Agreement 2)
- **Per Occurrence:** $75,000,000
- **Aggregate Limit:** $75,000,000

## Premium
- **Premium Without TRIPRA:** $220,000
- **TRIPRA:** $2,200
- **Total Premium:** $222,200 (for 100% Flat Annual)
- **Minimum Earned Premium:** $222,200
- **Estimated Total Annual Exposure:** $78,132,632,162 of Total Sales
- **Auditable/Not Auditable:** Not Auditable

## Commission
- **Commission:** 0%

## Retroactive Date
- **Retroactive Date:** Not Applicable

## Endorsements
- FF-XS-USF-POL-05/2018: U.S. Short Excess Policy
- FF-XS-USF-001-05/2018: Schedule of Excess Policy(ies)
- CL-UN-083-04/2020: Act of Terrorism Self-Insured Retention Endorsement
- NYP-UN-001-11/2013: NYFTZ - Cancellation, Nonrenewal and Conditional Renewal (New York Free Trade Zone)
- CL-UN-075-04/2020: Cap on Losses From Certified Acts of Terrorism

## Notices
- Policyholder Disclosure Notice of Terrorism Insurance Coverage

## Terms and Conditions
- **Premium is due within 30 days of the Effective Date of the policy.**
- The policy will include the exclusions and endorsements per the attached schedule.
- If, between the date of the original submission and the effective date of this binder, there is a material change in any of the information (including but not limited to claims or potential claims) originally submitted or subsequently requested by the Company, the insured is required to notify the Company immediately. The Company reserves the right to terminate this binder or modify the terms of this binder in event of a material change in such information.

## Subject To
This proposal is conditioned upon receiving and approving the following information within 30 days of the effective date, except as otherwise stated:
- Underlying policies within 60 days.
- Copy of underlying binders - prior to binding.

## Other
- Office of Foreign Assets Control (OFAC) Disclosure Notice: This Binder, the continuation of any bound insurance, and any payments to you, to a claimant or to another third party, may be affected by the administration and enforcement of U.S. economic embargoes and trade sanctions by the office of Foreign Assets Control (OFAC), if we determine that any such party is on the "Specially Designated Nationals or Blocked Persons" list is maintained by OFAC.

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