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<br />QUOTATION TERMS & CONDITIONS INCLUDING BUT NOT LIMITED TO <br /> <br />1. All coverages requested may not be offered in this renewal quote. <br />2. Quote is subject to review and acceptance by PGIT Board of Trustees <br />3. PGIT is not protected by the Florida Guarantee Association in the event it becomes <br />unable to meet its claims payment obligations. <br />4. TRIA Coverage excluded for all property and inland marine exposures. <br />5. Deletion of any coverage presented, Package and/or Workers' Compensation, will <br />result in re-pricing of account. <br />6. Request to bind must be received in writing via email prior to the effective date of <br />coverage. If request is not received prior to that date there is no coverage and the <br />file is closed. <br />7. Coverage is not bound until confirmation is received from a licensed representative <br />of Public Risk Underwriters. <br /> <br />ADDITIONAL TERMS AND CONDITIONS INCLUDING BUT NOT LIMITED TO: <br /> <br />1. Quote is subject to receipt of the following information: <br />a. Signed first page of the PGIT Application (Florida Fraud Statement) <br />b. Initialed and Signed POLlEPLI application <br />c. Signed UM Form <br />d. Signed Signature Page <br />2. The estimated credit from cancelling the 07-08 coverage agreement currently in <br />force, agreement number PK FL 1 0132026-7-05, will be $146,035.95. <br />3. The 15 month coverage term is only available for package coverage <br />a. Limits and deductibles may be quoted and changed via endorsement after <br />October 1 , 2008 for the period 10/1/08 - 10/1/09 <br />b. Schedule changes will be handled via endorsement after October 1, 2008 for <br />the period of 7/1/08 - 10/1/08. <br />c. Exposure changes will be handled via endorsement after October 1, 2008 for <br />the period 7/1/08 -10/1/09, depending on lines of Coverage Bound: <br />a) Revenues <br />b) Payroll <br />c) Employee Count <br />d) Police Officer Count <br />d. Binder request from PGIT members must be received prior to 7/1/08 <br />e. A statement will be issued effective 7/1/08 reflecting both a credit for the <br />fourth quarter rate reduction and an invoice for the fifteen (15) month <br />premium for 7/1/08 - 10/1/09. The annual premium net of the credit will be <br />due on 10/1/08 <br /> <br />22 <br />Brown & Brown of Florida, Inc. <br />