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5 <br /> r21'' <br /> N ` <br /> STPAUL <br /> TRAVELERS <br /> IMPORTANT DISCLOSURE NOTICE OF TERRORISM INSURANCE SURAIVCE <br /> OVERAGE <br /> On November 26 2002, President Bush <br /> Terrorism Risk Insurance Act of 2002 {the n q�ed t�In <br /> Te Act the <br /> establishes a short term p ram and <br /> Government will share In the program <br /> tar which the Federal <br /> certain acts. of international errorism, of <br /> are covered providing losses You With <br /> caused by <br /> this notice to inform you of the key features of he Act, and to let <br /> you know what effect, if any, the Act will have on your premium. <br /> Under the Act, insurers are required to provide coverage for certain <br /> losses caused by international acts of terrorism as defined in the <br /> Act. The Act further provides that the Federal Government will pa <br /> 1w a share of such losses. Specifically, the Federal Government will <br /> Pay 90% of the amount of covered losses caused by certain acts of <br /> terrorism which is in excess of an insurer's statutorily established <br /> go deductible for that year, The Act also caps the amount of terrorism- <br /> related losses for which the Federal Government or an insurer can <br /> .o be responsible at $ 10 <br /> has met its deductible . 0100010001000:009 provided that the insurer <br /> go Please note that passage of the Act does not result in any change <br /> in coverage under the attached policy or bond (or the policy or bond <br /> being quoted ). Please also note that no separate additional <br /> premlum charge has been made for the terrorism coverage <br /> r <br /> required by the Act. The premium charge that is allocable to such <br /> coverage is inseparable from and imbedded in <br /> your overall <br /> premium , and is no more than one . percent of your premium . <br /> r <br /> ILT 101 S (9/04) <br /> r <br /> r <br /> r <br />