HomeMy WebLinkAboutCLAMBAKE GL BINDERBass Underwriters, Inc.
INSURANCE BINDER
THE TERMS AND CONDITIONS OF THIS CONFIRMATION OF INSURANCE MAY NOT COMPLY WITH THE SPECIFICATIONS SUBMITTE[
FOR CONSIDERATION. PLEASE READ THIS CONFIRMATION CAREFULLY AND COMPARE IT WITH ANY QUOTE AND SUBMISSIO?
DOCUMENTS AND REVIEW THE POLICY FORMS FOR THE ACTUAL COVERAGES PROVIDED.
N ACCORDANCE WITH YOUR INSTRUCTIONS, AND IN RELIANCE UPON THE STATEMENTS MADE BY THE RETAIL BROKER IN THE
NSURED'S APPLICATION/SUBMISSION, WE HAVE OBTAINED INSURANCE AT YOUR REQUEST AS FOLLOWS:
DATE ISSUED: September 22, 2017
PRODUCER: KE Insurance Agency
990 US Hwy 1, Ste A
Sebastian, FL 32958
INSURED MAILING Sebastian Clambake Foundation Inc
ADDRESS: P.O. Box 780436
Sebastian, FL 32958
POLICY NO.: 630B006703
INSURER: Burlington Insurance Co
Non -Admitted AM Best Rating
COVERAGE: QBI-Special Events
POLICY PERIOD: 11/1/2017 TO 11/7/2017
RENEWAL OF:
12:01 A.M. STANDARD TIME AT THE LOCATION ADDRESS OF THE NAMED INSURED. THIS INSURANCE
BINDER WILL BE TERMINATED AND SUPERSEDED UPON DELIVERY OF THE FORMAL POLICY(IES) ISSUED
TO REPLACE IT.
BINDER AS PER QUOTE: 1992096A
LIMITS:
PREMIUM: $4,180.00
TRIA: REJECTED
FEES: Policy Fee $35.00
SURPLUS LINES TAX: $210.75
SERVICE OFFICE FEE: $4.22
MISC STATE TAX:
FHCF: (Florida)
CPIE: (Florida)
TOTAL: $4,429.97
State of Florida
Surplus Lines Binder Stamp
"This insurance is issued pursuant to the Florida Surplus Lines Law. Persons insured
by surplus lines carriers do not have the protection of the Florida Insurance Guaranty
Act to the extent of any right of recovery for the obligation of an insolvent insurer."
""SURPLUS LINES INSURERS' POLICY RATES AND FORMS ARE NOT APPROVED BY
ANY REGULATORY AGENCY."
P- ")BASS
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Date :
Producer / MGA:
Attention :
COMMERCIAL PACKAGE POLICY
BINDER
08/22/2017
0630 - Bass Underwriters, Inc. , 225 S Westmonte Dr, Suite 3320, Altamonte Springs, Fl-
Jodi
LJodi Delaporte - KE Insurance Agency
Applicant: Sebastian Clambake Foundation Inc
DBA :
Principal Address: P O Box 780436, Sebastian, FL 32958, USA
Assigned Policy Number:
Insurance Company :
Proposed Policy Period
Agency License #:
630B006703
The Burlington Insurance Company
11/01/2017 To 11/07/2017
A128903 SL Broker License #:
PREMIUM SUMMARY
TRIA Accept
General Liability Premium :
$
2,575.00 No
Liquor Liability Premium :
$
1,605.00
Policy Fee:
$
35.00
Surplus Lines Tax:
$
210.75
Stamping Fee:
$
4.22
Advance Premium (for policy period) :
$
4,429.97
Total Including TRIA (If accepted) :
$
4,429.97
Retail Agent Commission:
%
10
A128903
TRIA Premium TRIA Tax
$ 209.00 $ 10.66
This Quote is valid for 30 days from the date of this quote or until the policy effective date, whichever occurs first.
THIS QUOTE IS SUBJECT TO THE FOLLOWING:
Subject To Due By
❑ Receipt of the completed Acord Application signed and dated by the insured 12/01/2017
❑ Receipt of the completed TRIA selection/rejection form signed and dated by the insured, 12/01/2017
Form C 01 15 (completed/signed to reflect insureds decision to elect or reject terrorism
coverage).
225 South Westmonte Drive Suite 3320
Altamonte Springs, FL 32714
Ph:(954) 473-4488 Fax: (964) 316-3123
Date: September 22, 2017
To: Jodi Delaporte - KE Insurance Agency
Fax: (772) 388-2067
From: Pamela Winn
Phone: 321-777-9720
Email: pwinn@bassuw.com Fax: 321-777-9743
Re: Insured: Sebastian Clambake Foundation Inc
Effective Date: 11/1/2017
This transmission is intended to be delivered, only to the named addressee(s) and may contain information that is
confidential, proprietary or privileged. If this information is received by anyone other than the named addressee(s), the
recipient should immediately notify the sender by e-mail and by telephone 407-551-7868 and obtain instructions as to
the disposal of the transmitted material, In no event shall this material be read, used, copied, reproduced, stored or
retained by anyone other than the named addressee(s), except with the express consent of the sender or the named
addressee(s). Thank you.
Reference #: 1992095A
COMMERCIAL GENERAL LIABILITY
LIMITS OF LIABILITY
General Aggregate $ 2,000,000
Products Completed Ops Aggregate Limit $ 2,000,000
Personal Advertising Injury $ 1,000,000
Each Occurrence $ 1,000,000
Damages to Premises Rented to You $ 100,000
Medical Expense $ 5,000
Deductible None
Deductible Type/Deductible Basis N/A
COMMERCIAL GENERAL LIABILITY CLASSIFICATIONS
Locationl - Building 1
US 1 & CR 512, Riverview Park, SEBASTIAN, FL 32958
Class Description State/Terr Rate Exposure Basis Premium
42102
Festivals and Celebrations -
FL/6
03
Each
$ 2475
Prem/Ops
NOC
Activity
11/01/2017 to 11/06/2017
Day
$
Products
Class Description StatelTerr Rate Exposure Basis Premium
49950 Additional Insured - Lessor Of 01 FLAT $ 100 Within MP
Leased Equipment (SEL) (Form:
CG 20 28) (ClassCode: 49950)
GL Premium Subject to Minimum Premium $ 2575.00
General Liability Premium Subject to Minimum Premium $ 2575.00
Premium for Coverages in Addition to Minimum Premium $ 0.00
Total General Liability Premium $ 2,575.00
COMMERCIAL LIQUOR LIABILITY
LIMITS OF LIABILITY
General Aggregate $ 1,000,000
Each Common Cause $ 1,000,000
COMMERCIAL LIQUOR LIABILITY CLASSIFICATIONS
Location1 - Building 1
US 1 & CR 512, Riverview Park, SEBASTIAN, FL 32958
Class Description State/Terr Rate Exposure Basis Premium
54282 Special Events - Liquor Liability FL/6 0.000 03 Gross J$ 1,605.00 Prem/Ops
Sales
Is Products
Liquor Premium Subject to Minimum Premium $ 1605.00
Premium for Coverages in Addition to Minimum Premium $ 0.00
Total Liquor Liability Premium $ 1,605.00
POLICY ENDORSEMENTS/EXCLUSIONS
IFG-1-0002
0116
Policy Cover Page
IFG-1-0101
0414
Common Policy Declarations
IFG-1-0150
0303
Listing of Forms and Endorsements
IFG-1-0402
1100
Service of Suit Amendment
GL ENDORSEMENTSIEXCLUSIONS
BG -G-004
0317
Exclusion - Lead -Bearing Substance
BG -G-005
0317
Exclusion - Punitive Damages
BG -G-007
0317
Exclusion - Asbestos, Silica
BG -G -039a
0317
Amendment Of Premium Conditions
BG -G -446 -ST
0317
Amendment - Insuring Agreement
CG 00 01
0413
Commercial General Liability Coverage Form
CG 02 20
0312
FL - Cancellation and Nonrenewal
CG 21 47
1207
Employment Practices Exclusion
CG 21 67
1204
Fungi or Bacteria Exclusion
CG 21 75
01 15
Exclusion Of Certified Acts Of Terrorism And Exclusion Of Other Acts Of Terrorism
Committed Outside The United States
CG 24 26
0413
Amendment Of Insured Contract Definition
GSG-G-016
0317
Exclusion - Aircraft Products And Grounding, Including Unmanned Aircraft Or
Unmanned Aerial Vehicle
IFG-G-0002-DL
0503
General Liability Declarations
IFG-G-0086
0317
Total Pollution Exclusion
IFG-G-0190
0317
Amendment - Exclusion g.
IFG-G-0192
0317
Personal - Advertising Injury
IFG-G-0194
1015
Excl-Confid Info & Comp Syst Liab
IFG-G-0197
0515
Amendment - Employer's Liability Exclusion
IFG-1-0170
0317
Two or More Coverage Forms or Policies Issued By Us
IL 00 17
1198
Common Policy Conditions
IL 00 21
0908
Nuclear Energy Liability Exclusion
IL P 001
0104
OFAC - Notice to Policyholder
GL CLASS SPECIFIC ENDORSEMENTS/EXCLUSIONS
BG -G-074
1211
Exclusions and Redefinition Described Hazards (Special Events Liability)
IFG-G-0051
0317
Exclusion - Liquor Liability
LIQUOR EN DORS EM ENTSIEXC LUS IONS
BG -L-502
0317
Definition - Each Common Cause Limit
CG 00 33
0413
Liquor Liability Coverage Form
CG 24 06
0413
Liquor Liability - Bring Your Own Alcohol Establishments
CG 28 06
0196
Limitation Of Coverage To Insured Premises
IFG-LL-0101
01 11
Liquor Liability Declarations
OPTIONAL ENDORSEMENTS/EXCLUSIONS
BG -G-042
0317
Exclusion - Assault/Battery
BG -1-026
0317
Fully Earned Premium
BG -L-231
0317
Exclusion Assault, Battery Or Other Physical Altercation
CG 20 28
0413
Additional Insured - Lessor Of Leased Equipment
Special Disclosure on Terrorism To Applicant
Per Terrorism Risk Insurance Act of 2015 (TRIA), the United States Government will pay a share of losses caused by certified
acts of terrorism. The federal share is 85% through 2015; 84% beginning on January 1, 2016; 83% beginning on January 1,
2017; 82% beginning on January 1, 2018; 81% beginning on January 1, 2019 and 80% beginning on January 1, 2020 of
covered terrorism losses exceeding the statutorily established deductible paid by the insurer.
THIS IS TO ADVISE THE APPLICANT THAT THE TERRORISM RISK INSURANCE ACT, AS AMENDED, CONTAINS A
$100 BILLION CAP THAT LIMITS U.S. GOVERNMENT REIMBURSEMENT AS WELL AS INSURERS, LIABILITY FOR
LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ANY ONE
CALENDAR YEAR EXCEEDS $100 BILLION. IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED
$100 BILLION, YOUR COVERAGE MAY BE REDUCED.
Broker must have on file a properly executed Form C 01 15 "Policyholder Disclosure Notice of Terrorism Insurance Coverage"
upon binding coverage.
Coverage Is offered on a Non -Admitted Basis. The Policy is subject to the Surplus Lines Laws In your state. You should
make every effort to comply with any special provisions and regulations of your State. You must add all applicable Taxes and
Fees to the quoted premium. You are responsible for the collection and remittance of surplus lines taxes to be filed directly
with the applicable state(s).
Cancellation provisions - per policy forms.
State amendatory endorsements, if applicable.
Coverage shall be subject to all terms and conditions of the policy to be issued which when issued will replace any and all of
our quote(s) and/or binder(s) without any further notice.
Please read all terms and conditions shown above carefully as they may not conform to the specifications shown in your
submission.
Transmittal Disclaimer
This fax or email message is strictly confidential and is intended solely for the person or organization to which it is addressed. It may contain privileged and
confidential information and, if you are not the intended recipient, you must not copy or distribute it or take action in reliance on it. If you have received this
message in error, please notify the sender as soon as possible.