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One Bala Plaza, Suite 100, Bala Cynwyd, Pennsylvania 19004

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610.617.7900 • Fax 610.617.7940 • PHLY.com
PO BOX 297
GRANTHAM NH 03753-0297
Dear Valued Customer:
Sincerely,
I wanted to personally thank you for choosing Philadelphia Insurance Companies (PHLY) for your insurance needs. Our first class customer service, national presence and A+ (Superior) A.M. Best financial strength rating have made us the selection by over 150,000 policyholders nationwide. I realize you have a choice in insurance companies and truly appreciate your business.
JJMJr/sm
Maguire Insurance Agency, Inc. • Gillingham & Associates
I wish you much success this year and look forward to building a mutually beneficial business partnership which
Company! will prosper for years to come. Welcome to PHLY and please visit our website to learn more about our
Chistopher J. Maguire
President and COO
Philadelphia Insurance Companies
Insurance Companies Philadelphia
Philadelphia Indemnity Insurance Company (PIIC)
Philadelphia Insurance Company (PIC)
PO BOX 297
GRANTHAM NH 03753-0297
Business Description:
at 12:01 A.M. Standard Time at your mailing address shown above.
Corporation
Condominium Association
IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY.
LIMITS OF LIABILITY
Products / Completed Operations to Aggregate
Retroactive Date: N/A if shown, applicable only to Non Profit D&O Liability
(Applicable when underlying General Liability Insurance is written on a claims-made basis.)
Philadelphia Insurance Companies One Bala Plaza, Suite 100, Bala Cynwyd, PA 19004 610.617.7900 Fax 610.617.7940 www.phly.com
Policy Premium: $750.00
PI-CXL-004 (6/92)
PI-CXL-016 (10/94)
PI-CXL-039 (1/03)
PI-CXL-007 (6/92)
PI-CXL-006 (6/92)
PI-CXL-NH-1 (6/04)
Dates: 01/01/2011 to 01/01/2012
Combined Bodily Injury & Property Damage Single Limit: $ 1,000,000 Each Accident
Policy # PHPK658574
$
$
Comprehensive General Liability[ ] Combined Bodily Injury & Property Damage Liability[ ]
$
$
$
$
$
Prod / Completed Ops Aggregate Limit
Personal and Advertising Injury Limit
Each Occurrence Limit
C. Employers' Liability Excluded[ ] [X]
$
$
$
$
[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ]
EPLI $ $ to
Owned Watercraft
$ $ toLiquor Liability
3,000,000
3,000,000
1,000,000
1,000,000
PROPOSED SCHEDULE A - SCHEDULE OF PRIMARY INSURANCE This Schedule forms a part of your Excess Policy No PHUB329045. If attached after the policy is issued, state effective date of this amended schedule.
PI-CXL-014 (9/94)
SUBSIDENCE EXCLUSION
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability, whether direct or indirect, arising out of, caused by, resulting from, contributed to or aggravated by the subsidence, settling, expansion, sinking, slipping, falling away, titling, caving in, shifting, eroding, mud flow, rising, or any other movement of land or earth if any of the foregoing emanate from the operations of the insured or any other person for whose acts the insured is legally liable.
It is further agreed that this insurance shall not become excess of any reduced or exhausted underlying aggregate limit to the extent that such reduction or exhaustion is the result of claims, damage loss or expense arising out of or in any way related to the above.
PI-CXL-014 (9/94) SUBSIDENCE EXCLUSION
AUTOMOBILE LIABILITY FOLLOW FORM ENDORSEMENT
This endorsement modifies insurance provided under the following:
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability arising out of the ownership operation, maintenance, use, loading or unloading or entrustment to others of an "auto" as defined in the Commercial General Liability policy listed in the Schedule of Underlying Insurance.
This exclusion does not apply if such liability is covered by valid and collectible underlying insurance as listed in the Schedule of Underlying Insurance for the full limits shown, and then only for the liability for which coverage is afforded under the underlying insurance.
PI-CXL-009 (6/92) AUTOMOBILE LIABILITY FOLLOW FORM ENDORSEMENT
POLICY NUMBER: PHUB329045 IL 09 85 M 01 03
THIS ENDORSEMENT IS ATTACHED TO AND MADE PART OF YOUR POLICY IN RESPONSE TO THE DISCLOSURE REQUIREMENTS OF THE TERRORISM RISK INSURANCE ACT OF 2002. THIS ENDORSEMENT
DOES NOT GRANT ANY COVERAGE OR CHANGE THE TERMS AND CONDITIONS OF ANY COVERAGE UNDER THE POLICY.
DISCLOSURE PURSUANT TO TERRORISM RISK INSURANCE ACT OF 2002
SCHEDULE*
Additional information, if any, concerning the terrorism premium: N/A
*Information required to complete this Schedule, if not shown on this endorsement, will be shown in the Declarations.
A. Disclosure Of Premium In accordance with the federal Terrorism Risk Insurance Act of 2002, we are required to provide you with a notice disclosing the portion of your premium, if any, attributable to coverage for terrorist acts certified under that Act. The portion of your premium attributable to such coverage is shown in the Schedule of this endorsement or in the policy Declarations.
B. Disclosure Of Federal Participation In Payment Of Terrorism Losses The United States Government, Department of the Treasury, will pay a share of terrorism losses insured under the federal program. The federal share equals 90% of that portion of the amount of such insured losses that exceeds the applicable insurer retention
IL 09 85 M (1/03) Terrorism Premium
PI-CXL-004 (6/92)
DIRECTORS AND OFFICERS LIABILITY EXCLUSION
This endorsement modifies insurance provided under the following:
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability arising from any "wrongful act" of any director or officer of the insured in the discharged or performance of their duties as such.
"Wrongful act" means any actual or alleged error or misstatement or misleading statement or act or omission or neglect or breach of duty by the directors or officers in the discharge of their duties, individually or collectively, or any matter claimed against them solely by reason of their being directors or officers of the company.
PI-CXL-004 (6/92) DIRECTORS AND OFFICERS LIABILITY EXCLUSION
PI-CXL-016 (10/94)
WATERCRAFT EXCLUSION
COMMERCIAL EXCESS LIABILITY
This Insurance does not apply to any liability arising out of the ownership, operation, maintenance, use, loading or unloading, or entrustment to others of any Watercraft owned or operated by or rented or loaned to any Insured.
PI-CXL-016 (10/94) WATERCRAFT EXCLUSION
CAP ON LOSSES FROM CERTIFIED ACTS OF TERRORISM
This endorsement modifies insurance provided under the following:
COMMERCIAL EXCESS LIABILITY POLICY
With respect to any one or more "certified acts of terrorism", we will not pay any amounts for which we are not responsible under the terms of the federal Terrorism Risk Insurance Act of 2002 (including subsequent acts of Congress pursuant to the Act) due to the application of any clause which results in a cap on our liability for payments for terrorism losses.
"Certified act of terrorism" means an act that is certified by the Secretary of the Treasury, in concurrence with the Secretary of State and the Attorney General of the United States, to be an act of terrorism pursuant to the federal Terrorism Risk Insurance Act of 2002. The federal Terrorism Risk Insurance Act of 2002 sets forth the following criteria for a "certified act of terrorism":
1.
The act resulted in aggregate losses in excess of $5 million; and
2. The act is a violent act or an act that is dangerous to human life, property or infrastructure and is committed by an individual or individuals acting on behalf of any foreign person or foreign interest, as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States
Government by coercion.
PI-CXL-039 (1/03) CAP ON LOSS FROM CERTIFIED ACTS OF TERRORISM
PI-CXL-007 (6/92)
ABUSE OR MOLESTATION EXCLUSION
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability arising out of:
(a) The actual or threatened abuse or molestation by anyone of any person while in the care, custody or control of any insured; or
(b) The negligent:
( i) employment (ii) investigation (iii) supervision (iv) reporting to proper authorities, or failure to so report; or (v) retention;
of a person for whom any insured is or ever was legally responsible and whose conduct would be excluded by (a) above.
PI-CXL-007 (6/92) ABUSE OR MOLESTATION EXCLUSION
PI-CXL-006 (6/92)
EMPLOYERS' LIABILITY EXCLUSION
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability for bodily injury, sickness, disease, disability or shock, including death at any time resulting therefrom, and, if arising out of the foregoing mental anguish or mental injury sustained by:
1.
An employee of the insured arising out of and in the course of employment by the insured; or
2.
The spouse, child, parent, brother or sister of that employee as a consequence of (1) above.
This exclusion applies:
1.
Whether the insured may be liable as an employer or in any other capacity; and
2. To any obligation to share damages with or repay someone else who must pay damages because of the injury.
PI-CXL-006 (6/92) EMPLOYERS' LIABILITY EXCLUSION
New Hampshire Amendatory Endorsement
This endorsement modifies insurance provided by the following:
Commercial Excess Liability Policy
A. It is hereby agreed and understood that Section IV - Conditions, 3. Cancellation is deleted and replaced with the following:
3. Cancellation and Nonrenewal A. The Company may cancel this Policy by mailing to the first named insured written notice of cancellation,
stating the reasons for cancellation, at least: (1)
10 days before the effective date of cancellation if the Company cancels for: (a) Nonpayment of premium; or (b) Substantial increase in hazard;
(2)
60 days before the effective date of cancellation if the Company cancels for any other reason. B. If this Policy has been in effect for 60 days or more, or if this is a renewal of a policy the Company issued,
the Company may cancel only for one or more of the following reasons: (1)
Nonpayment of premium; (2)
Fraud or material misrepresentation affecting the Policy or in the presentation of a claim thereunder, or violation of any of the terms or conditions of the Policy; or
(3)
Substantial increase in the hazard; provided the cancellation for this reason shall be effective only after prior approval by the Commissioner.
C. We will mail or deliver our notice to the first named insured's last mailing address known to the Company. If notice is mailed, it will be by:
(1)
Certified mail or certificate of mailing if cancellation is for nonpayment of premium. (2)
Certified mail if cancellation is for any other reason. D. If the Company elects not to renew this Policy, the Company will mail or deliver written notice of nonrenewal,
stating the reasons for nonrenewal, to the first named insured's last mailing address known to the Company at least 60 days prior to the expiration of the Policy, or its anniversary date if it is a policy written for a term of more than one year. If notice is mailed, proof of mailing will be sufficient proof of notice.
B. It is hereby agreed and understood that Section I. 3.Exclusion (b) is deleted and replaced with the following:
(b) Any obligation imposed by law under any automobile no-fault, workers compensation, disability benefits or unemployment compensation law or any similar law.
PI-CXL-NH-1 (6/04) New Hampshire Amendatory Endorsement
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
FUNGI OR BACTERIA EXCLUSION
COMMERCIAL EXCESS LIABILITY POLICY
A. The following exclusion is added to Paragraph 3. Exclusions of Section I - Coverage A - Bodily Injury And Property Damage Liability and Coverage B. - Personal Injury and Advertising Injury Liability:
This insurance does not apply to:
Fungi or Bacteria
a. "Bodily Injury" , "property damage" "personal Injury" or "advertising injury" which would have occurred or taken place, in whole or in part, but for the actual, alleged or threatened inhalation of, ingestion of, contact with, exposure to, existence of, or presence of, any "fungi" or bacteria on or within a building or structure, including its contents, regardless of whether any other cause, event, material or product contributed concurrently or in any sequence to such injury or damage.
b. Any loss, cost or expenses arising out of the abating, testing for, monitoring, cleaning up, removing, containing, treating, detoxifying, neutralizing, remediating or disposing of, or in any way responding to, or assessing the effects of, "fungi" or bacteria, by any insured or by any person or entity.
This exclusion does not apply to any "fungi" or bacteria that are, are on, or are contained in, a good or product intended for consumption.
B. The following definition is added to Section V. - Definitions
"Fungi" means any type or form of fungus, including mold or mildew and any mycotoxins, spores, scents or byproducts produced or released by fungi.
PI-CXL-032 FB (11/02) Fungi or Bacteria Exclusion
MANUSCRIPT ENDORSEMENT
PI-CXL-025 (10/09)
In consideration of the premium paid for this Policy, it is agreed that:
PI-CXL-025 (10/09)
LIQUOR LIABILITY EXCLUSION
COMMERCIAL EXCESS LIABILITY
This insurance does not apply to any liability for which any insured may be held liable by reason of:
1. Causing or contributing to the intoxication of any person;
2. The furnishing of alcoholic beverages to a person under the legal drinking age or under the influence of alcohol; or
3. Any statute, ordinance or regulation relating to the sale, gift, distribution or use of alcoholic beverages.
This exclusion applies only if you are in the business of manufacturing, distributing, selling, serving or furnishing alcoholic beverages.
All other terms and conditions of this Policy remain unchanged. This endorsement is part of your Policy and takes effect on the effective date of your Policy, unless another effective date is shown below.
Complete only when this endorsement is not prepared with the Policy or is not to be effective with the Policy.
PI-CXL-MANU-1 (9/03) Manuscript Endorsement
PI-CXL-MANU-1 (9/03) Manuscript Endorsement
MANUSCRIPT ENDORSEMENT
PI-CXL-054 (4/10)
In consideration of the premium paid for this Policy, it is agreed that:
PI-CXL-054 (04/10)
NON-OWNED WATERCRAFT AMENDMENT
COMMERCIAL EXCESS LIABILITY POLICY
Section I - Coverage, Paragraph 3. Exclusions, Item (g) (2) is deleted in its entirety and replaced with the following:
(2)
(i)
(ii)
Not being used to carry persons or property for a charge.
Page 1 of 1 © 2010 Philadelphia Indemnity Insurance Company
All other terms and conditions of this Policy remain unchanged. This endorsement is part of your Policy and takes effect on the effective date of your Policy, unless another effective date is shown below.
Complete only when this endorsement is not prepared with the Policy or is not to be effective with the Policy.
PI-CXL-MANU-1 (9/03) Manuscript Endorsement
COMMERCIAL EXCESS LIABILITY POLICY
This policy has been issued in reliance upon the statement in the Declarations made a part hereof and in the application submitted for this insurance. Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered.
Throughout this policy the words "you" and "your" refer to the Named Insured shown in the Declarations and any other person qualifying as a Named Insured under this policy. The words "we", "us", and "our" refer to the Company providing this insurance.
The word "insured" means any person or organization qualifying as such under SECTION II- WHO IS AN INSURED.
Words and phrases in this policy that appear in quotation marks have special meanings. Refer to Section V- definitions when such meanings are not defined when used.
Section I- Coverage
Coverage A. Bodily Injury and Property Damage Liability
Coverage B. Personal Injury and Advertising Injury Liability
1. Insuring Agreement We will pay on behalf of the insured the "ultimate net loss" in excess of the "applicable underlying limit", whether or not collectible, which the insured becomes legally obligated to pay as damages because of "bodily injury" or "property damage" to which this insurance applies caused by an "occurrence" or "personal injury" or "advertising injury" to
which this insurance applies caused by an "offense" which:
(a) Occurs, or is committed during the policy period and
(b) Occurs, or is committed in the "Coverage Territory".
2. Defense of Claims or Suits and Supplementary Payments
(a) We will have no duty to defend any claim or "suit" that any other insurer has a duty to defend. If we elect to join in the defense of such claims or "suits", we will pay all expenses we incur.
(b) We will have the right and duty to defend any "suit" for damages which are payable under Coverages A or B including damages wholly or partly within the "retained limit", but which are not payable by a policy of "underlying
insurance", or any other available insurance because:
(1) such damages are not covered; or
(2) the "underlying insurance" has been exhausted by the payment of claims.
(c) We may investigate and settle any claim or "suit" in (b) above at our discretion.
(d) Our right and duty in (b) above ends when we have used up the "applicable limit of insurance" in the payment of judgments or settlements.
(e) We will pay, with respect to any claims or "suits" we defend in (b) above:
(1) All expense we incur;
(2) The cost of appeal bonds and bonds to release attachments, but only for bond amounts within the "applicable limit of insurance". We do not have to furnish these bonds.
(3) All reasonable expenses incurred by the insured at our request to assist us in the investigation or defense of the claim or "suit", including actual loss of earnings up to $100 a day because of time off from work.
(4) All costs taxed against the insured in the "suit".
(5) Prejudgment interest awarded against the insured on that part of the judgment we pay. If we make an offer to pay the "applicable limit of insurance", we will not pay any prejudgment interest based on that period of time
after the offer.
(6) All interest on the full amount of any judgment that accrues after the judgment and before we have:
(a) paid, or offered to pay; or
(b) deposited in court;
the part of the judgment that is within the "applicable limit of insurance".
These payments will not reduce the limits of insurance.
In any jurisdiction outside the United States (including its territories and possessions), Puerto Rico or Canada where we may be prevented by law or otherwise from carrying out this agreement.
(1) You must arrange to investigate, defend or settle any claim or "suit".
(2) You will not make any settlement without our consent.
(3) We will pay expenses incurred with our consent.
3. Exclusions
This insurance does not apply to:
(a) "Bodily injury" or "property damage" expected or intended from the standpoint of the insured. This exclusion does not apply to "bodily injury" resulting from the use of reasonable force to protect persons or property.
(b) Any obligation imposed by law under any automobile no-fault, uninsured motorist, underinsured motorist, workers compensation, disability benefits or unemployment compensation law or any similar law.
(c) "Bodily injury" which arises out of any:
(1) Refusal to employ;
(2) Terrmination of employment;
(3) Discrimination or alleged discrimination on account of color, creed, gender, race, national origin, age, handicap, illness, religion or sexual preference;
(4) Coercion, demotion, evaluation, reassignment, discipline, defamation, harassment, humiliation, or other employment-related practices, policies, acts or omissions; or
(5) Consequential "bodily injury" as a result of 1 through 4 above.
This exclusion applies whether the insured may be held liable as an employer or in any other capacity and to any obligation of the insured to share damages with or to repay someone else who must pay damages
because of the injury.
(d) Any liability directly or indirectly occasioned by, happening through, or in consequence of war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalization or requisition or destruction of or damage to property by or
under the order of any…

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