Laserfiche WebLink
<br />n <br /> <br />LJ <br /> <br />n <br /> <br />n <br /> <br />611t.~JIIIIIi: <br />~,.~ <br /> <br />OHIO CASUALTY GROUP <br /> <br />The member companies of Ohio Casualty Group <br /> <br />LJ <br /> <br />9450 Seward Road, Fairfield, Ohio 45014 <br /> <br />www.ocas.com <br /> <br />LJ <br /> <br />BOND NUMBER: <br /> <br />n <br /> <br />LJ <br /> <br />II <br /> <br />DISCLOSURE NOTICE OF <br />TERROIDSMINSURANCECOVERAGE <br /> <br />LJ <br /> <br />n <br /> <br />After the September 11, 2001 collapse of the World Trade Center, some insurance and reinsurance <br />companies excluded coverage for terrorist events from their policies. The economy was affected, to the <br />extent that $ 1 5 billion dollars of new construction was cancelled or delayed. As an economic aid, the <br />Federal Govemrnent has enacted the Terrorism Pisk L'1surance Act of 2002. As part of the act, we are <br />required to notify you that subject to the terms and conditions as stated in your applicable bond forms, <br />coverage for losses sustained by acts of terrorism is already included in your current bond. Effective <br />November 26,2002, under your existing bond, losses caused by certified acts of terrorism as defmed in the <br />Terrorism Risk Insurance Act of 2002 would be partially reimbursed by the Federal Government under a <br />formula established by federal Jaw. Under this formula, the Federal Government pay 90% of covered <br />terrorism losses exceeding the statutorily established deductible paid by the insurance company providing <br />the coverage. <br /> <br />LJ <br /> <br />n <br /> <br />LJ <br /> <br />II <br /> <br />LJ <br /> <br />II <br /> <br />LJ <br /> <br />Under the current bond, that portion of your premium that is attributable to coverage for acts of terrorism is <br />$0. <br /> <br />II <br /> <br />LJ <br /> <br />We strongly urge you to contact your independent insurance agent if you have any questions regarding this <br />matter. <br /> <br />II <br /> <br />LJ <br /> <br />n <br /> <br />LJ <br /> <br />n <br /> <br />LJ <br /> <br />n <br /> <br />LJ <br /> <br />11 <br /> <br />L.J <br /> <br />n <br /> <br />LJ <br /> <br />n <br /> <br />-,.ri'- <br /> <br />.;. <br /> <br />Page 1 OF 1 <br /> <br />LJ <br /> <br />NP 72 64 01 03 <br /> <br />II <br /> <br />LJ <br /> <br />II <br /> <br />LJ <br />