**INTERNATIONAL MARINE CORPORATION**

1.B.M. WORLD INSURANCE COMPANY COVERS THE SERVICES OF BUREAU CORRESPONDENTS AND OTHER SUBSIDIARY OR AFFILIATED COMPANIES OP BLACK PERIODICALS THROUGH OTHER SUBSIDIARY OR AFFILIATED CORPORATION AND PARTNERSHIP ON THE SAME OPERATIONS AND PROCEEDS TO OUR SHAREHOLDERS.

EXPRESS UMBRELLA LIABILITY INSURANCE OVERAGE WORLDWIDE EXCLUDING CANADIAN OPERATIONS.

**Limits:**

U.S.$25,000,000 for any one loss subject to an aggregate of $75,000,000. This policy and Policy No. 1276-39 combined cover $200,000,000 for Products and Occupational Diseases and $5,000,000 for other than aggregated Products and Occupational Diseases.

**Excess of:**

(a) Underwriting Excesses

(b) U.S.$25,000,000, to ensure no concurrent insurance.

**36 months at 21st May, 19**

**30 days c.c.**

**Service or Suit Classes:**

**Premiums:**

U.S.$31,417

Less 20% and 15% Federal Stamp Tax.

**Information:**

Underwritten by Domestic Market.