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(05-04-01) 181st Drive Active Park
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Last modified
4/14/2022 11:57:56 AM
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4/14/2022 11:57:54 AM
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Obligee's/lnsured's Name <br /> The City ofSunny Isles Beach <br /> Siltek Group,Inc. <br /> Obligee'sllnsured's Mailing Address <br /> 18070 Collins Avenue IMPORTANT NOTICE TO <br /> Sunny Isles Beach,Florida 3316o OBLIGEES/POLICYHOLDERS— <br /> 4403 Dogwood Circle TERRORISM RISK INSURANCE ACT <br /> Weston,Florida 33331 OF 2002 <br /> Band/Policy Number <br /> 21 BCSDG 4457 You are hereby notified that, under the <br /> Terrorism Risk Insurance Act of 2002, <br /> effective November 26, 2002, we must make terrorism coverage available in your bond/policy. <br /> However, the actual coverage provided by your bond/policy for acts of terrorism, as is true for all <br /> coverages, is limited by the terms, conditions, exclusions, limits, other provisions of your <br /> bond/policy, any endorsements to the bond/policy and generally applicable rules of law. <br /> Any terrorism coverage provided by this bond/policy is partially reinsured by the United States of <br /> America under a formula established by Federal Law. Under this formula, the United States will <br /> pay 90% of covered terrorism losses exceeding a statutorily-established deductible paid by <br /> sureties/insurers until such time as insured losses under the program reach $100 billion. If that <br /> occurs, Congress will determine the procedures for, and the source of, any payments for losses in <br /> excess of$100 billion. <br /> The premium charge that has been established for terrorism coverage under this bond/policy is <br /> either shown on this form or elsewhere in the bond/policy. If there is no premium shown for <br /> terrorism on this form or elsewhere in the bond/policy, there is no premium for the coverage. <br /> Terrorism premium: $0 <br /> Form B-3333-0 Page 1 of 1 <br /> © 2002, The Hartford <br />
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