2009-2010 Ins Coverage Summary Int'l

Insurance Coverage Summary
Foreign Package

Carrier:

Policy No.:

Policy Period:

Assurant, Inc. and Its Subsidiaries

Insurance Company of the State of Pennsylvanial AIG WRI0004953

January 9, 2009 to January 9, 2010

Coverage and Limits:

Coverage Form:

Coverage Territory:

Coverage Includes:

FOREIGN GENERAL LIABILITY

S 3,000,000 Master Control Program Aggregate Limit

$ 1,000,000 Each Occurrence for Bodily Injury andlor Property Damage

S 1,000,000 Anyone Offense for Personal Injury or Advertising Injury

$ 1,000,000 Aggregate Limit for each consecutive policy period from the Products Hazard or the Completed Operations Hazard

$ 2,000,000 General Aggregate Limit for all claims during each consecutive policy period except resulting from the Products or the Completed Operations Hazard ($1,000,000 expiring)

$ 10,000 Medical Expense Limit

S 1,000,000 Each Occurrence for Damage to Premises Rented to you (Fire Legal)

Form 83238WR (04/06) Foreign Commercial General Liability Coverage Part (Occurrence Form)

• Anywhere in the world including international waters or air space, but excluding the United States of America (including its territories and possessions) Puerto Rico and Canada

• No coverage applies for a claim that violates any applicable economic, trade or other sanction or law including without limitation any sanction administered or enforced by the U.S. Treasury Departments Office of Foreign Assets Control (OFAC).

• Non-Owned Watercraft Liability - under 50 feet in length

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Foreign Package (cont'd)

F orms/Endorsements:

Assurant. Inc. and Its Subsidiaries

• Separation of Insureds

• Newly Acquired or Formed Organization for 90 days

Difference in Conditions

• Supplemental Payments in Addition to Policy Limits

Employee Benefits Liability Form 78990 WR (11103) $ 1,000,000 Each Wrongful Actl$ 1,000,000 Aggregate 1$ 1,000 Deductible

• Financial Services Exclusion 79013 WR (11103)

• Fiduciary or Representative Liability of Financial Institutions Exclusion Form 79012 WR (11/03)

New Endorsements upon renewal:

Other Exclusions including but not limited to:

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Accidental Death & Dismemberment Insurance WS 11 07WR (09/08)

• Additional Insured - Vendors 78967WR (04/06)

• Additional Insured - Where Required Under contract or Agreement 78970WR (11/03)

Enhanced Amendment of Duties WS0469WR (12/06) Fellow Employee Exclusion Deleted 79038WR (04/06)

• Newly Acquired Entity coverage Extended 79052WR (04/06)

• Waiver of Transfer of Rights of Recovery Against Others To Us 79121WR (11103)

• Nuclear

Employment- Related Practices

Pollution Exclusion (with exception for Building Heating Equipment and Hostile Fire)

• War

• Terrorism Exclusion

• Silica

• Personal and Advertising Injury

• Asbestos

• Electronic Data

Contractual Liability, except this exclusion does not apply to Insured Contracts as defined in the policy

62




FOREIGN AUTOMOBILE LIABILITY

$ 1,000,000 Liability Limit, anyone accident

$ 10,000 Medical Expense Coverage, Each Accident

• For covered owned Autos, coverage is Difference in Conditions/Difference in Limits over compulsory of any other local cover.

• Warranty and Maintenance of Underlying Insurance:

With respect to owned autos and owned private passenger autos and for as long as our policy is in effect:

1. In any country where a compulsory automobile liability insurance law is in force, the coverage provided by this policy shall be excess of and reduced by the limit of such local compulsory Insurance.

2. In any country where the compulsory requirement applies only to bodily injury liability, the insured shall, in addition, purchase property damage liability coverage for a limit of at least the equivalent of US $10,000 each accident, and the coverage provided by this Foreign Business Auto Liability and Physical Damage Coverage Part shall be excess of and reduced by the limit of such coverage.

3. In any country where there is no compulsory automobile liability insurance law in force, the insured shall procure local insurance for limits of at least the equi valent of US $10,000 each person/$20,000 each accident from bodily injury liability and US $10,000 each accident for property damage liability. The coverage provided by this policy shall be excess of and reduced by the limits of such coverage.

4. If the insured does not procure underlying insurance as stipulated in Paragraphs 1, 2 and 3 above, the coverage provided hereunder shall apply in the same manner and to the same extent as though local underlying insurance as herein required had been available to the insured.

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Coverage Form:

Coverage Includes:

Auto Physical Damage Coverage:

F ormslEndorsements:

Form 83241WR (03/04)

• Owned autos and hired and non-owned automobiles

• Covers Hired Autos only for the lesser of ACV or

$10,000 each autol $10,000 each cause of lossl $1,000 Deductible

Fellow Employee Exclusion Deleted WS0050 (12105)

Exclusions, including but Not limited to:

Classification of Employee

• War

• Terrorism

• Nuclear

FOREIGN VOLUNTARY "VORKERS' COMPENSA TION AND EMPLOYERS LIABILITY

Coverage A:

Coverage B:

Coverage C:

Coverage A Voluntary Workers Compensation

Voluntary Workers' Compensation Employers Liability

Excess Repatriation Expenses

Coverage B Employers Liability

Coverage C Excess Repatriation Expenses

U.S. Employee

Covered

U'.S. Employee Traveler

Canadian Employee Canadian Employee Traveler

Third Country Nationals

Local Hires or Local Nationals

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State of Hire Benefits

State of Hire Benefits

Province of Hire Provi nee of Hire

Country of Hire Benefits

Country of Hire Benefits

Covered

Covered

Covered

Covered Covered

Covered Covered

Covered

Covered

Covered

Covered

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Limits of Insurance:

$1,000,000 Coverage B - Employers Liability Injury by Accident Each Accident

$1,000,000 Coverage B - Employers Liability Injury by Disease Coverage Part Limit

S1,000,000 Coverage B - Employers Liability Injury by Disease Each Employee

$1,000,000 Coverage C - Excess Repatriation Expenses

Per Person

Coverage Form:

Form WS0971 WR (03/08)

Forms/Endorsements:

Flight Concentration Endorsement: Flight concentrations of 5 or more employees traveling on anyone flight must be reported 30 days in advance. WS0992WR (03/08)

Accidental Death & Dismemberment Insurance - Form WS0978WR (03/08)

• Assistance Services Explanatory Endorsement (See Endorsement WS0979WR (03/08) for a complete list of services

• Foreign Voluntary Compensation & EL Schedule of Limits Form WS84015WR (03/08)

Exclusions, including But Not Limited to:

• Under Coverage A and B, no coverage is afforded in Argentina, Australia and Ireland for Workers Compensation benefits or Employers Liability as prescribed by the laws and statutes in these countries or for suits brought or judgments rendered in these countries. On the expiring policy, Belgium, Hong Kong, Italy, Singapore, Turkey, and the United Kingdom were also excluded, but at renewal, coverage will be afforded for these countries.

• Under Coverage B only:

• War

• Invasion Piracy

• Terrorism

• See the Exclusion Section of Form WS0971 WR (03/08) for a complete list of these exclusions.

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POLICY LEVEL COVERAGE ENDORSEMENTS:

• What to do if a Loss Occurs - WS0287WR (10106)

• Common Conditions and Definitions - WS83242WR (02/08)

• Named Insured Expanded 83762WR (12/03)

• Amended Notice of Cancellation WS0899WR (02/08)

• Unintentional Errors & Omissions Endorsement 79075WR (12/04)

• Amended Notice of Nonrenewal 79l22WR (12/04)

PROPERTY

Limits of Insurance:

S 16,310,208 Anyone occurrence (for Coverages A-D outlined below) subject to any applicable Sublimits of Insurance and Deductibles, the most the canier will pay for loss or damage with respect to any once occurrence is the "Total Value" shown below, but not to exceed this "anyone occurrence" Limit of Insurance shown.

Coverage A: Real and Personal Property Coverage B: Time Element

Coverage C: Tenants and Neighbors Liability

Coverage D: Inland Transit

Sub limits of Insurance:

Sublimits of Insurance are part of and not in addition to a Limit of Insurance.

S J ,000,000 S 100.000

S 500,000

Burglary, Theft or Robbery

Personal Property of Your Officials and Employees

Property in the Course of Construction including Contractors Equipment & Soft

Costs

100.000 Property in the Course of Installation (for Your Use)

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Assurant. Inc, and Its Subsidiaries

$ 500,000 Accounts Receivable

S 100,000 Personal Property at Exhibition

$ 100,000 Sales Representative Samples

S 100,000 Fine Arts

$ 500,000 Valuable Papers and Records

$ 1,371,911 EDP Equipment & EDP Media except for loss or damage as defined in Boiler & Machinery (Co v E) or Electronic Equipment Insurance Breakdown (Cov F)

s 25,000 Debris Removal

$ 500,000 Newly Acquired Locations (90 Days)

$ 100,000 Unnamed Locations

$ 25,000 Coinsurance Deficiency

$ 25,000 Consequential Loss except for loss or

damage as defined in Boiler & Machinery (Cov E)

Decontamination

Demolition and Increased Cost of Construction

Devaluation

Enol's & Omissions Expediting Expense

Fire Brigade Charges and Extinguishing Expenses

Loss Adjustment Expenses and/or Professional Fees Pollution/Contamination Extension - Any one occurrence & annual aggregate

Tax Liability

Tax Treatment of Profits

Time Element (Coverage B) - Subject to any applicable Sublimits of Insurance and

Deductibles:

S] ,402,500 Extra Expense $25,000 - Rental Value

$25,000 - Contingent Business Interruption & Extra Expense

S 1 00,000 - Service Interruption

S25,000 - Extended Period of Recovery (60 days)

$25,000 -Interdependency

$ 5,000
s 25,000
$ 25,000
$ 25,000
$ 25,000
s 25,000
s 25,000
"
$ 5,000
$ 25,000
$ 25,000
$ 2,480,278 67




$25,000 - Interruption by Civil or Military Authority

$25,000 - Ingress/Egress $100,000 - Leasehold Interest $25,000 - Royalties

$25,000 - Research and Development Expenses

$ 1,000,000 Tenants and Neighbors Liability (Cov C)

5; 100,000 Inland Transit (Cov D)

Not Covered Boiler and Machinery (Cov E)

$1,371,911 Electronic Equipment Insurance - Breakdown Coverage (Co v F)

$ 1,000,000 Earthquake and Volcanic Action and ensuing loss or damage - Anyone occurrence and annual aggregate (No coverage in Japan, Earthquake III and IV territories or newly acquired or unnamed locations)

$ 1,000,000 Flood, excluding Netherlands, Zones A and V or its international equivalents, newly acquired and unnamed locations.

$ 1,000,000 Windstorm and all resulting loss or damage - Anyone occurrence and annual aggregate ($10,000 as respects Windstorm A territories and No coverage for newly acquired or unnamed locations)

Deductible:

S

10,000 Anyone occurrence All covered perils, except:

24 Hour Waiting Period - Time Element Coverages; Service Interruption and Interruption by Civil or Military Authority or Ingress/Egress

Earthquake: 5% of Real & Personal Property & Time Element values subject to Minimum of S25,000

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Assurant, Inc, and Its Subsidiaries


Flood: 3% of Real & Personal Property & Time Element values subject to Minimum of $25,000

Windstorm: 2% of Real & Personal Property & Time Element values subject to Minimum of $25,000

*Notes: 1.

Various other sub limits and deductibles apply. Please refer to the Schedule of Limits Form 84086WR (03/05) attached to the policy.

Coverage Form:

Form 83234WR (03/04) Foreign Commercial Property Coverage Part

Locations Covered:

Per Schedule of Locations/Statement of Values on File with the Company

Forms/Endorsements:

War and Terrorism Exclusion - Form 84080WR (03/04)

• Data Recognition (Property) Endorsement (Endorsement A) - Form 84242WR (03/04)

• Fungus, Molds, Mildew and Yeast Exclusion - Form 84238WR (03/04)

• Non-USA Terrorism Exclusion - Form 84233WR (03/04)

• Property (Defined Peril) Millennium - Form 84232WR (03/04)

• Venezuelan Civil Commotion and Civil Disorder Exclusion - Form 84081 WR (03/04)

• Schedule of Locations Form 84087WR (05/04)

• Schedule of Limits and Deductibles - Form 84086WR (03/05)

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Non-Owned Aviation

Carrier:

Policy Number:

Policy Period:


XL Aerospace (XL Specialty Insurance Company) NAN3052910

January 9,2009 to January 9, 2011 (Two-year Policy)

Aircraft:

Non-Owned Aircraft Liability Coverage:

Passenger Personal Effects Coverage:

Medical Payments:

Territory:

Notice of Cancellation:

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Any non-owned aircraft as defined in the policy having a seating capacity not exceeding 50. Aircraft not owned in whole or part. Aircraft leased or rented for less than 30 days.

$ 5,000,000 Bodily Injury and Property Damage Liability, including Passengers, each occurrence (excluding War Risk Liability) $ 5,000,000 War Risk/TRIA, each occurrence and in the

rd aggregate with respect to other than 3 party

passenger liability

$ 5,000,000 Premises Liability

S S

500 Each Passenger 25,000 Each Occurrence

$ S

5,000 Each Passenger 250,000 Each Occurrence

Worldwide

Sixty (60) days prior written notice of intent to cancel; ten (10) days for non-payment of premium

70



Non-Owned Aviation (cent/d)

Comments:

1. The Standard Airworthiness exclusion has been deleted.

2. The "fellow-employee" exclusion has been deleted.

3. Concerning your use of non-owned aircraft, the policy contains certain limitations with regard to type of aircraft, seating, pilots, airworthiness certificate, etc. For example:

• Non-owned aircraft leased for more than 30 days should be reported.

• No coverage is afforded for use of non-owned aircraft having more than 50 seats.

• No coverage is afforded for use of home built nonowned aircraft, ultralights, military non-owned aircraft or hang gliders.

• No coverage is afforded for physical damage to a nonowned aircraft. Considerations should be given. to purchasing this coverage, ifexposures exist, or a holdharmless agreement should be securedfrom the owner 0/ the non-owned aircraft. The insurance company providing coverage for the non-owned aircraft should also recognize this hold-harmless agreement.

4. Insured must make best endeavors to be added as additionally insured to the charter operators policy, and make their best endeavors to obtain underlying limits of at least $3,000,000 per passenger seat.

for a complete description

terms and

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71


Umbrella

Carrier:

Policy No.:

Policy Period:


Great American Insurance Company TUU 357-73-76-08

January 9,2009 to January 9,2010

Named Insured:

Limits of Liability:

Self-Insured Retention:

Policy Minimum Earned Premium:

Description of Coverage:

Policy Form:

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Assurant, Inc. and any company of which you own more than 50% as of the policy effective date. Coverage applies only if the organization is included under the coverage provided by your underlying policies. Any organization you newly acquire or form, other than a joint venture, partnership or limited liability company and over which you maintain ownership or majority interest will qualify to be a Named Insured, but only for 90 days or until the end of the policy period, whichever is earlier.

s 25,000,000 Each Occurrence

$ 25,000,000 Products/Completed Operations Aggregate $ 25,000,000 General Aggregate

Excess of Pri mary

$0

25%

Policy provides Excess General Liability, Automobile Liability, Employers Liability, Non-Owned Aircraft Liability and Watercraft Liability over primary policies.

GAT 6002 (Ed. 06/97) XS - Great American Commercial Umbrella Coverage Form

26



Umbrella (cont'd)

Coverage Includes:

• Automatic Coverage for Additional Insureds when Required Under a Written Contract (Follow Form of Primary)

• Continuing Coverage in Absence of Primary (In Event of Exhaustion)

• Defense Costs Covered in Addition to Policy Limits

• Coverage Silent on Punitive Damages Policy Territory "Worldwide"

• 90 Days Notice of Cancellation (except 10 days for non-payment of premium)

"Pay on Behalf of' Coverage

• Separation of Insureds

Forms/Endorsements:

• Amendment of Insuring Agreement - Known Injury or Damage - Exclusion

Unimpaired Aggregate Endorsement

• Amendment of Pollution Exclusion - Exception for Named Peril of Hostile Fire and Building Heating Equipment

-Exclusion - Real or Personal Property in Insured's

Care, Custody or Control

• Follow Form Auto Liability

• Follow Form Contractual Liability

• Follow Form Employee Benefits Liability

• Follow Form Foreign Liability

• Follow Form Products-Completed Operations

• Follow Form Mobile Equipment and Alienated Premises

• Follow Form Liquor Liability

Follow Form Employers Liability

• Follow Form Advertising Injury

• Follow Form Personal Injury

• Follow Form Watercraft Liability

• Follow Form Aircraft Liability

• Follow Form Daycare (Note: Abuse & Molestation is excluded. Corporal Punishment is follow form of primary.)

• Unimpaired Limits Endorsement

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Umbrella (cont'd)

Forms/ Endorsements (cont'd)


• Additional Insured Limitation

• Insurance Company as Named Insured (excludes Insurance Company Operations/Professional Liability)

• Disclosure Pursuant to Terrorism Risk Insurance Act

• Disclosure of Premium and Estimated Premium for Certified Acts of Terrorism Coverage (Pursuant to Terrorism Risk Insurance Act)

• Cap on Losses From Certified Acts of Terrorism

• Nuclear, Biological or Chemical Terrorism Exclusion (Other than Certified Acts of Terrorism); Cap on Losses From Certified Acts of Terrorism

• Exclusion of Punitive Damages Related to a

Certified Act of Terrorism

• Financial Institutions Limitation

• Professional Liability Exclusion

• Exclusion - Liability Arising out of Lead

• Organic Pathogens Exclusion (i.e. mold, fungi)

except for human consumption

• Silica Limitation Endorsement

• Intellectual Property Exclusion

• Property Damage Redefined (Electronic Data Exclusion)

• Electronic Data Liability Exclusion

• Violation of Statutes in Connection with Email, Fax

or Phone Call Exclusion

• Abuse or Molestation Exclusion

• SEC Exclusion

• Aircraft Products and Grounding Liability Exclusion

• Cross Suits Exclusion (Named Insured vs Named

Insured only)

• Discrimination Exclusion

• Employment Related Practices Exclusion

• Transfer of Rights of Recovery against Others to Us Amendment

Non-Cumulation of Liability Endorsement

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Other Exclusions, including but not limited to:

• Expected or Intended Bodily Injury or Property Damage

• Asbestos

• War ERISA

• Uninsured Motorists

• Nuclear

Ma~h 29


6


Financial Insurance Products Directors and Officers Liability

Named Insured:

Primary Carrier:

Primary Policy Form:

Policy No.:

Policy Period:

Assurant, Inc. and its subsidiaries

X.L. Specialty Insurance Company (X.L.) 0071000999

ELU 1 09614-09

February 4, 2009 February 4, 2010


Retentions:

Coverage Provided:

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$ 15,000,000 Each Loss and Annual Aggregate

S 0
$ 1,500,000
s 5,000,000 Per Director and Officer - Non-Indemnifiable Loss

Each Claim - Indemnifiable Loss

Each Claim - Indernnifiable Loss - Securities Claims

Insuring Agreement A - Non-Indemnifiable Claims Coverage:

Provides personal asset protection to the individual directors and/or officers for claims that are deemed non-indemnifiable (either due to application of law, corporate bylaws, prevailing statutes, etc.),

Insuring Agreement B - Corporate Reimbursement - Indemnifiable Claims Coverage:

Pays on behalf of the corporation for its indemnification obligation to the individual directors and officers.

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Coverage Features:

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InsurinQ. Agreement C - Corporate Entity CoveraQ.e - Securities Claims:

Pays on behalf of the corporation (andlor any subsidiary) for its liability arising from a securities related claim.

The policy will pay judgments, settlements and defense costs, subject to the policy limit of liability and retention.

•

Policy is Non-Cancelable by Insurer (except for non-payment of premium)

Policy is Non-Rescindable by Insurer - All Insuring Clauses Includes Employed Lawyers Errors and Omissions Liability Coverage (first $] 5 million in limits of liability)

Automatic coverage for newly created or acquired entities that are 35% or less of Assurant's total assets or liabilities

Prior Acts Exclusion (with exceptions for the preparation of the S-l document dated February 3, 2004 or any amendment thereof, or any preliminary prospectus related thereto)

Full Severability provided to all exclusions noted in the policy form and as respects the application provided for coverage Definition of "Insured Person" includes functional equivalents overseas and employees (when named as co-defendants with an insured director or officer as respects a Securities Claim) Blanket Outside Directorship Liability coverage provided to directors or officers who serve at the specific request of Assurant on an outside "Non-Profit Entity"

Scheduled Outside Directors Liability coverage provided to Insured Persons who serve on the boards of Private Healthcare Systems, Inc. and Harbor Payments, Inc.

Coverage for certified acts of terrorism is included. Any losses caused by certified acts of terrorism would be partially reimbursed by the United States under a formula established by federal law

Priority of Payments Endorsement - in the event of a loss payable under more than one insuring agreement, the insurer shall pay the loss pursuant to Insuring Agreement A - Nonindemnifiable Claims first

Broad definition of Claim includes criminal proceedings and any formal, civil, criminal, administrative regulatory proceedings or formal investigations. Wells notices and alternative dispute resolution proceedings also qualify as a Claim

•

•

•

•

•

•

•

•

•

•

•

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•

Insurance Company Errors and Omission Liability Exclusion (with exceptions for senilities related claims and the exclusion does not apply to non-indemnifiable loss)

The Insured vs. Insured Exclusion includes exceptions for claims brought by or involving: 1. bankruptcy trustees; 2. employment practices related matters; 3. cross claims; 4. independent derivative actions 5. directors and officers who have not been in such capacity for at least two years; 6. whistleblower actions; and 7. the exclusion shall not apply to claims brought outside the U.S. and its territories and possessions

Notice of Claim trigger narrowed to knowledge of "Vice President Corporate Insurance and Risk Management or General Counsel of the Parent Corporation" and provides a sixty day post policy reporting window after expiration date Broad-as-locally admitted provision - coverage will automatically be broadened to match coverage available from X.L. Capital Group in a foreign jurisdiction where X.L. Capital Group provides 0&0 insurance coverage

Includes a $250,000 sub-limit of coverage for investigative costs involving a shareholder derivative demand on the board of directors

•

•

•

•

Program Structure Summary:

$15.000.000

ELU I 09614-09

XL Specialty Insurance Company / (A XV)

$15.000.000

DOXG21667031006

ACE American Insurance Company / (A+ XV)

U.S. Specialty Insurance Company (HCC) / (A + XIV)

$15.000.000

24MGU09A18462

Zurich-American Insurance

DOC9024260-05

C00303l!006

Liberty Mutual Insurance Company / (A XV)

S I 0.000.000

192994-019

AXIS Insurance Company / (A XV)

$10.000.000

IvlNN711629!0 1/2009

Illinois National Insurance Company (AIG) / (A XV)

S I 0.000.000

015443927

Continental Casualty Company Side A DIC / (A XV)

$15.000.000

287340363

$10.000.000

ABX0031741-00

Arch Insurance Company - Side A DIC / (A XV)

$25.000.000

ELU I 09618-09

XL Specialty Insurance Company - Side A DIe / (A XV)

Program Total

$150,000.000

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Insurance Coverage Summary Assurant. Inc. and Its Subsidiaries

Reporting of Notice: L As a condition precedent to any right to payment under

this Policy with respect to any Claim, the Insured shall give written notice to the Insurer of any Claim as soon as practicable after it is first made and the Vice President Corporate Insurance and Risk Management or General Counsel of the Parent Company first becomes aware of such claim.

2. If, during the Policy Period, the Insured first becomes aware of a specific Wrongful Act, Company Wrongful Act or Employment Practices Wrongful Act and if, during the Policy Period, the Insured:

a. provides the Insurer with written notice of the specific Wrongful Act, Company Wrongful Act or Employment Practices Wrongful Act, the consequences which have resulted or may result there from (including but not limited to actual or potential damages), the identities of the potential claimants, the circumstances by which the Insured first became aware of such Wrongful Act, Company Wrongful Act or Employment Practices Wrongful Act; and

b. requests coverage under this Policy for any subsequently resulting Claim for such Wrongful Act, Company Wrongful Act or Employment Practices Wrongful Act.

All notices must be sent via certified mail and be addressed to:

Executive Liability Underwriters One Constitution Plaza, 16th Floor Hanford, CT 06103

Telephone: 877-953-2636

to

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Financial Institution Blanket Bond (Crime Insurance)

Primary Carrier:


Policy No.:

Policy Period:

Westchester Fire Insurance Company (ACE) Financial Institution Bond Form 25 DONG24579815 001

March 31, 2009 to March 31, 20 10

Limit of Liability:

Coverage Description:

Deductible:

Insuring Clause:

Endorsements:

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$ 10,000,000 Single Loss Limit $ 20,000,000 AggregateLimit

Provides insurance protection for direct losses of money, securities and other property due to employee dishonesty, burglary, robbery, forgery or alteration and other specified perils.

S s $

a Each Loss Audit Expense

a Each Loss - Claims Expense 250,000 Each Loss Each Insuring Clause

I.Basic Bond Coverage

2.Insuring Agreement 0

3.Insuring Agreement E

4.Insuring Agreement F

5.Trading Loss Coverage 6.Fraudulent Real Property Mortgages 7.Computer Systems

8.Unauthorized Signatures

9.Audit Expense ($500,000 Limit of Liability) 10.Claims Expense ($250,000 Limit of Liability)

I.New York Statutory Rider 2.0mnibus Named Insured 3.Trading Loss Rider 4.Audit Expense

5.Claim Expense

6.Amended Fidelity Agreement 7.Uncel1ificated Securities Coverage 8.Representation of Insured 9.ERISA Endorsement

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Endorsements:

Exclusions, including but not limited to:

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1 O.Cancellation Notice ll.Fraudulent Mortgage Rider 12. Unauthorized Signatures l3.Amended Discovery 14.Notice of Loss

IS.Amended Counterfeit Currency 16.Amended General Agreement A 17.Prior Dishonesty

I8.Amended Definition of Employee

19. Forms Index Endorsement

20.0FAC Endorsement

21.Worldwide Coverage Endorsement 22.Amended On Premises Endorsement 23.Amended Forgery or Alteration Endorsement 24.Amended RICO Exclusion Endorsement 2S.0wnership Wording Endorsement 26.Additional Named Insureds:

+ Assurant, Inc. Foundation (fka Fortis, Inc., Foundation) + Assurant, Inc. Health Foundation (fka Fortis Health

Foundation)

+ Assurant PAC (fka Fortis PAC)

+ Assurant Health PAC (fka Fortis Health PAC)

+ Assurant Employee Benefits PAC (fka Fortis Benefits PAC)

+ VIP PAC (administered by Assurant Solutions) + Association for Personal Resource Planning, Inc. (Virginia non-stock Corporation)

+ Association for Personal Resource Planning of Canada (Ontario)

27.Amend Exclusion (U)

1. Loss resulting directly or indirectly from any acts of any director or trustee of the Insured other than one employed as a salaried, pensioned or elected official or an Employee of the Insured, except when performing acts coming within the scope of the usual duties of an Employee, or while acting as a member of any committee duly elected or appointed by resolution of the board of directors or trustees of the Insured to perform specific, as distinguished from general,

JOI



directorial acts on behalf of the Insured.

2. Loss resulting directly or indirectly from the complete or partial nonpayment of, or default upon, any loan or transaction involving the Insured as a lender or borrower, or extension of credit, including the purchase, discounting or other acquisition of false or genuine accounts, invoices, notes, agreements or Evidences of Debt, whether such loan, transaction or extension was procured in good faith or through trick, artifice, fraud or false pretenses, except when covered under Insuring Agreements (A), (D), or (E).

3. Loss resulting directly or indirectly from any dishonest or fraudulent act or acts committed by any nonEmployee who is a securities, commodities, money, mortgage, real estate, loan, insurance, property management, investment banking broker, agent or other representative of the same general character.

4. Indirect or consequential loss of any nature except for loss for which the Insured is legally liable.

Reporting of Notice of Claim or Acquisitions:

Please refer to page 5 of Policy - "Notice of Legal proceedings against insured" Section E for claims reponing instructions.

Notice of claims for all losses which exceed $250,000 should be made to:

Westchester Fire Insurance Company 1325 Avenue of the Americas

New York, NY 10019

Please refer to page 4 of the policy - "Additional Offices or Employees - consolidation, merger or purchase or acquisition of assets - notice to company" for reporting of acquisitions made during the policy period.

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Westchester Fire Insurance Company (ACE) / (A+ XI)

$] 0,000,000/$20,000,000

DONG245798]5 00]

U.S. Specialty Insurance Company (HCC) / (A+ XIV)

$10.000,000/$20.000,000

U709-45057

Program Total

$20,000,000/$40,000,000

to

a

terms

Marsh

]03


Assurant. Inc, and Its Subsidiaries

Electronic and Computer Crime

Primary Carrier:


Policy No.:

Policy Period:

Westchester Fire Insurance Company (ACE) Computer Crime Policy

DONG24579852 001

March 31, 2009 to March 31, 2010

Limit of Liability:


Deductible:

Insuring Clause:

Endorsements:

Notice to CompanyProof of Loss:

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$ 10,000,000 Single Loss Limit $ 20,000,000 Aggregate Limit

Provides insurance protection for direct losses of money and securities due to electronic and/or computer crime committed by a third party.

$

250,000 Each Loss - Each Insuring Clause

1. Computer Systems Fraud

! Data Processing Service Operations

3. Voice Initiated Transfer Fraud - callbacks required for transactions in excess of the deductible amount

4. Telefacsimile Transfer Fraud - cal1backs required for

transactions in excess of the deductible amount

5. Destruction of Data or Programs by Hacker

6. Destruction of Data or Programs by Virus

7. Voice Computer Systems Fraud

I.Forms Index Endorsement

2.0FAC Endorsement

3.0mnibus Named Insured

4.Amended Section 5 Endorsement 5.Amended Discovery Endorsement 6.Representation of Insured Endorsement 7.Amended Section 11 Endorsement 8.Amended General Agreement A

Refer to Section D, "Notice to Company-ProofProceedings against company", under the terms and conditions section.

104




Westchester Fire Insurance Company (ACE) / (A+ Xl)

$10,000,000/$20,000,000

DONG24579852 00 I

U.S. Specialty Insurance Company / (A+ XIV)

$10,000,000/$20,000,000

U709-45057

Program Total

$20,000,000/$40,000,000

to

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terms

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105


Fiduciary Liability

Primary Carrier:


Policy No.:

Period:


XL Specialty Insurance Company FC71 0011 06

ELUII0190-09

March 31, 2009 to March 31, 2010

Sponsor Organization:



Coverage Form:

Retention:


Extended Discovery Period:

Coverage Terms:

Assurant, Inc. and its subsidiaries

$15,000,000 Each Loss and Annual Aggregate

The Limits of Liability and any Deductible amounts are reduced or exhausted by Defense costs.

Pays sums which the Insured shall become legally obligated to pay as damages on account of any claim made against the Insured for any Wrongful Act involving the alleged violation of the Employee Retirement Income Security Act of 1974 (ERISA) or errors and omission involving the administration of insured plans.

Claims Made Basis

s s

250,000 Each Loss

o Each Loss - Non-Indemnifiable Loss

Sixty (60) Days by Insurer

One Year for 150o/c, of the Annual Premi um

• Prior and Pending Litigation Exclusion (backdated to January 9, 1989)

• Employee Benefits Errors and Omissions Liability (coverage included)

• Broad Definition of "Claim"

• Loss includes Five Percent (5%) Section 502(1) and Twenty Percent (20%) Section 502(L) Civil Penalties coverage

• Benefits Due Exclusion (see exceptions - defense costs coverage provided)

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Insurance Coverage Summary Assurant, Inc. and Its Subsidiaries

• Automatic Coverage for newly created or acquired plans up to 10% of total plan assets was extended to include "Pension Benefit Plans" during the policy period. Those acquired require reporting to the Insurer as soon as practicable thereafter and potential additional premium may be due

• "Wrongful Act" definition includes any actual or alleged "breach of the responsibilities, obligations or duties imposed upon fiduciaries of any Plan by ERISA or the common law or statutory law of any jurisdiction governing such Plan"

• Exclusion A Personal conduct related - includes a "final adjudication" finding requirement and also provides full severability of the Insureds

• The Insured has the duty to defend Claims under the policy

• Priority of payments clause

• Waiver of retention for the Voluntary Compliance Program Coverage

Endorsements:

1. U.S. Treasury Department's Office of Foreign Assets

Control Notice

2. Terrorism Insurance Disclosure

3. Terrorism Premium Endorsement (TRIA included)

4. In Witness Endorsement

5. XL Privacy Policy/XL Specialty Notice

6. Amend Notice Endorsement

7. Formerly Sponsored Pension Benefit Plan Endorsement

8. Amend Representations Clause Endorsement

9. Priority of Payments Endorsement

10. Amend Prior Notice Endorsement

11. Amend Exclusion (A)(2) - delete libel, slander

12. Amend Pollution Exclusion

13. Amend Sponsor Organization Debtor in Possession

14. Side A Coverage Non-Rescindable

15. Amend Notice Allow Notice of Circumstance during

ERP

16. HIPAA Extension - SIOO,OOO sublimit

17. Benefits Due Clarification Endorsement

18. Amend Defense/Settlement "consent not be unreasonably withheld"

19. Amend Definition of Claim Tolling of Statute

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Comments:

Covered Plans:

Reporting and Notice

of Claim or Acquisitions:

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20. Amend Definition of Claim - Section (C)(l )(c) to include arbitration or mediation

21. Amend Wrongful Act and Claims Endorsement - Pensions Act of 1995 & Pensions Regulator

1. Deliberate Fraudulent Conduct

2. Bodily Injury/Property Damage Liability

3. Benefits Due under the terms of a Benefit Program (except for defense costs)

1. This is a "claims made" policy

') Defense costs are a part of and not in addition to the limit of liability, per terms described in the policy

3. No legal expense shall be incurred, or payments made, without prior approval from the underwriter

The policy extends insurance protection to all employee benefit plans and/or programs sponsored by Assurant, Inc. and its subsidiaries on a worldwide basis

Refer to Section IV (A) Notice, in your policy (page 6 of 13) for the requirements in reporting notices of claims. All notices shall be in writing and addressed to:

XL Professional Insurance

One Constitution Plaza, 17th Floor Hartford, CT 06103

Tel: 877-953-2636

Please refer to page 9 of 13, Section (F) in your policyChanges in Exposure for reporting of acquisitions made during the policy period

108




X.L. Specialty Insurance Company (XL) / (A XV)

$15,000,000

ELUl10190-09

U.S. Specialty Insurance Company (HCC) / (A+ XIV)

$10,000,000

14MGU09A18663


$10,000,000

016401001

Axis Insurance Company / (A XV)

$10,000,000

MAN731836012009

Total Program

$45,000,000

to

terms

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109



Employment Practices Liability

Carrier:

X.L. Insurance (Bermuda), Ltd. A.M. Best Rating: A XV EPLI-007 (1/04)

B M00024146EP09 A

March 31,2009 to March 31,2010

Policy Form:

Policy No.:

Policy Period:

Named Insured:

Assurant, Inc.


$ 25,000,000 Each Loss and Annual Aggregate (including defense costs)


The policy provides defense and indemnity insurance protection for liability arising out of wrongful employment practices. Coverage is provided for wrongful termination, discrimination, workplace harassment retaliatory treatment and "Common Law Violations" as defined.

Coverage Form:

Claims Made Basis

Retention:

$2,000,000 Each Claim


Non-cancelable except via mutual agreement between the Insured and the Insurer.

Extended Discovery Period:

One Year for 150% of the Annual Premium

Endorsements:

(1) Global Leaders Preferred Program Endorsement (2) Amendment of VII (E) Conditions Endorsement (3) Discovery Period

Coverage Higblights:

•

The Insured has the duty to select counsel for and defend claims. The Insured must notify the Insurer when defense costs exceed 40% of retention and the Insurer has the right to consent to the choice of counsel The Insured must advise XL in writing of their selection of defense counsel within 60 days of the time defense costs reach $250,000 Coverage is provided for "Minority and Sensitivity Development Programs" when included in a settlement or judgment subject to a 15~) coinsurance feature

•

•

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110



• The Insured may settle any claim that does not exceed 60% of the retention amount

•

Broad Form Punitive Damages coverage (Bermuda venue) is provided Modified Hammer Clause - the Insured is responsible for 15% of Loss over the amount for which the claim could have been originally settled. Prior notice exclusion dated January 31, 2002 (first inception date). Policy provides a broad definition of insured "Employment Practice Liability"

Coverage extends to natural person Independent Contractors of the Insured who claim employee status

Automatic Coverage is provided for acquisitions made during the year for less than 20% up to 5,000 employees subject to receipt of underwriting information within 90 days

Third Party claimant coverage included

$5 million defense costs coverage provided for W.A.R.N. Act violations

•

•

•

•

•

•

•


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I. Contractual Liability (unless liability would exist absent the contract or agreement)

2. Benefits under any workers' compensation law, unemployment insurance or compensation law, disability benefits or wages including but not limited to the Fair Labor Standards Act (FLSA), the Employee Retirement Income Security Act of 1974

3. Where, as of January 31, 2002, the persons responsible for recei ving notice of employment practice Claims in the Insured's Law Department, Human Resources Department or Risk Management had actual knowledge of such Claims or the circumstances giving lise thereto

4. Arising under the National Labor Relations Act or related statutes

III


Reporting and Notice

of Claim: Refer to Clause VII. Conditions, Item A. duties in the event of a claim or knowledge of circumstances (page 8) for the requirements in reporting notices of claims. All notices shall be in writing and addressed to:

Manager, Claims Department XL Insurance (Bermuda) Ltd. XL House

One Bermudiana Road Hamilton HM 1]

P.O. Box HM 2245 Hamilton HMJX Bermuda Fax: (441) 296-4352 Telephone (441) 292-8515

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112



Cyber Risk Liability Coverage

Primary Insurer:


Policy No.:

Policy period:

Illinois National Insurance Company (AIG) Specialty Risk Protector

017065020

March 31, 2009 to March 31, 2010

Description:

Policy covers damages resulting from claims for wrongful acts including liability assumed under contract, as damages in the display of internet media; security related wrongful acts; information asset loss, which is sustained from injury to information assets resulting from a failure of security of your computer system; and business interruption losses which are sustained during the period ofrecovery, resulting from a material interruption.


A. Media Content Coverage

B. Security and Privacy Liability Coverage

C. Regulatory Action Sublimit of Liability

D. Network Interruption Coverage

E. Event Management Coverage

F. Cyber-Extortion Coverage

G. Crisis Fund Coverage

$15,000,000 $15,000,000 $2,500,000 $15,000,000 $1,000,000

$15,000,000 $1,000,000

Retentions:

A. Media Content Coverage

B. Security and Privacy Liability Coverage

C. Regulatory Action Sublimit of Liability

D. Network Interruption Coverage

$2,500,000 $2,500,000 S2,500,000

$2,500,000

E. Event Management Coverage

F. Cyber-Extortion Coverage

G. Crisis Fund Coverage

8 hour waiting period $100,000 $2,500,000 SO

Retroactive Dates: February 4, 2006 as respects Failure of Security February 4, 2007 - as respects Privacy Peril

Endorsements:

1. New York Amendatory Endorsements

2. Identity Theft Call Center Services Coverage Endorsement

3. Listed Subsidiaries Endorsement

4. Amend Exclusion L - deleting "or could reasonably have foreseen"

5. Web Log Exclusion Endorsement

6. Information Asset Amendatory Endorsement

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119



Reporting and Notice Provision:

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7. Transactions Amendatory Endorsement

8. Definition of Material Amendatory Endorsement

9. Network Interruption Coverage Section Sublimit of Liability Amendatory Endorsement - Outsource Provider $250,000

10. Criminal Reward Coverage Extension

Assurant shall give written notice to the insurer of any claim made against them or a first party event as soon as practicable after 1) any personnel in the company's office of the (i) Chief Executive Officer; (ii) Chief Financial Officer, (iii) Chief Security Officer; (iv) Chief Technology Officer: (v) Chief Information Officer; (vi) Risk Manager; or (vii) General Counsel; (or equivalent positions) first becomes aware of the claim; or 2) any first party event commences.

Assurant must notify the Insurer in writing of a claim first made against them as soon as practicable, but in all events no later than the end of the policy period or any applicable extended reporting period.

If during the policy period or an applicable extended reponing period, Assurant should become aware of circumstances which may reasonably be expected to give rise to a Claim being made and provides written notice (with full particulars) to the insurers during the policy period or extended reporting period, then any claim that is subsequently made shall be treated as a claim made at the time such notice of circumstances was given.

Notice and all other information and documentation required to be provided in the event of a claim or loss should be directed to the following address:

AIG Domestic Claims, Inc. 175 Water Street

New York, NY 10038

Please refer to the policy, General Terms and Conditions, Section 6 Notice for complete details.

120





$15,000,000

017065020

Beazley Insurance Company / (A VIII)

$15,000,000

V 15S6N09PNPT

Ace American Insurance Company / (A+ XV)

$10.000.000

XEOG2365 8 7 07 001

Arch Insurance Company / (A XV)

$10,000,000

NPL0032671 00

Program Total

$50.000,000

Please refer to the policy for a complete description of coverage terms and exclusions.

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121



Canadian Automobile

Carrier:

Policy No.:

Policy Period:

Liberty Mutual Insurance Group ACI-65J-004240-189


Named Insured:

Note: Broadened Named Insured clause is under review by Liberty Mutual


$ J ,500,000 Third Party Liability Combined Single Limit

Included Owned Automobiles

Included Hired and Non-Owned Automobiles

*Note: Limits are shown in Canadian dollars

Accident Benefits - Basic Coverage applies for:

Income Replacement Weekly Benefit Non-Earner Benefit Medical/Rehabilitation

Attendant Care

Death Benefit

Funeral

*Note: For Benefit Amounts, please refer to the Ontario Automobile Insurance - Statutory Accident Benefits Schedule included with your policy.

Uninsured Motorists/Uninsured Automobile Statutory limits per policy

Coverage Form:

Ontario Automobile Policy (OAP 1) Owners Policy

Endorsements:

• Notice of Cancellation 23 19 (90 days/l 0 days nonpayment)

• Drive Other Car Coverage - Broadened Coverage for Named Individuals CA 9910 (Any employee to whom a company owned or leased vehicle is permanently assigned)

• Hired Autos Specified as Covered Autos You Own - CA 9916 (Any auto you own, lease, rent or hire)



Canadian Automobile (cont'd)

• Additional Insured Lessor - CA 20 0 I ( Any lessor who has a written contract or agreement requiring you to provide primary coverage for the vehicle specified in the lease.)

• Designated Insured - CA 2048 (Any person or organization who you have agreed in writing to add as an additional insured, but only to coverage and minimum limits of insurance required by the written agreement and in no event to exceed either the scope of coverage or the limits of insurance provided in this policy.)

• Knowledge of Occurrence - 261 OA

• Waiver of Subrogation - AX 12 10 (Any person or organization for whom you perform work under a written contract if the contract requires you to obtain this agreement from us, but only if the contract is executed prior to the injury or damage occurring)

• Notice of Accident or Loss - 261 OA

• Unintentional Errors or Omissions - 2610 A


• Physical Damage to owned vehicles (except for the 2006 LeXlIS VIN JTHBH96S365000325)

• Physical Damage to rented and non-owned vehicles Expected or Intended Injury

• Property Damage to property owned or transported by insured and in care, custody or control

• Pollution

• War

N uclear Hazards

to

terms

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19



Canadian General Liability

Carrier:

Policy No.:

Policy Period:

Liberty Mutual Insurance Group KE 1-651-004240-069

January 9,2009 to January 9, 2010

Named Insured:


Coverage Form:


Assurant, Inc. (as First Named Insured) and all entities scheduled in the policy, but only while the First Named Insured directly or indirectly owns, during the policy period, an interest of more that 50o/r" and;

any other organization (except for a partnership or joint venture,) incorporated or organized under the laws of The United States of America or its states, territories or possessions, Puerto Rico or Canada, but only while the First Named Insured or any of the named insureds noted above, directly or indirectly owns, during the policy period, an interest of more than 50%. (Joint ventures, partnerships and limited liability companies are covered only if specifically added to the policy.)

Note: Broadened Named Insured clause is under review by Liberty Mutual

The policy will pay damages the Insured becomes legally obligated to pay by reason of liability imposed by law or assumed under an insured contract for Bodily Injury, Property Damage, Personal Injury, or Advertising Injury subject to policy terms, conditions and exclusions.

ISO Commercial General Liability Coverage Form CGOOO 1 (12/04); Occurrence Basis (except coverage for Employee Benefits Liability is written on Claims-Made Form).

$ 3,000,000 General Aggregate

$ 1,500,000 Products/Completed Operations Aggregate $ 1,500,000 Personal and Advertising Injury

$ 1 ,500,000 Each Occurrence

$ 1,500,000 Damage to Premises Rented to You $ 15,000 Medical Expense - Any One Person

$ 1,500,000 Each Wrongful Act / $3,000,000 Aggregate - Employee Benefits Administration Liability

"Note: Limits are shown in Canadian dollars.

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24



Canadian General Liability (cont'd)

Deductible:

N/A

Per Occurrence, except:

$ 1,500 Employee Benefits - Per Claim


Please refer to U.S. General Liability summary for coverage terms, conditions, exclusions, listing of endorsements.

to

terms

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25



Canadian Property

Carrier:

Policy No.:

Policy Period:

Liberty Mutual Insurance Company YU l-LSL-004240-179


Policy Provisions:

Please refer to the policy fo rms, terms and conditions for actual language

Perils Insured Against:

All direct physical loss or damage to covered property except as excluded within the policy.

Covered Locations:

Per the Statement of Values on file with us or on the schedule of any endorsement Insurance will not apply to locations and coverages unless a specific value is shown.

Policy Territory:

Canada


90 Days except 10 days for nonpayment of premium

+Currency:

All coverages, deductibles, sublimits, and premiums are in Canadian Dollars (Conversion Factor Used: ISUS = 1.2069 SCN

Limits Of Liability:

Subject to the terms and conditions qf the actual policy. Per occurrence unless indicated otherwise.

Form RMIOOI Blanket Personal Property, EDP, & Valuable SII,532,952

Papers Per the Statement of Values on File

with the Company

Form RMIOOI Blanket Extra Expense - Per the Statement of S7,803,730 Values on File with the Company

Form RMIOOI Extra Expense At Locations Per the SOV 011 S50,000 Per Location File, Without a Specific Value Shown

Form RM 1 00 I Valuable Papers - At Locations Per the SOV on S 100,000 Per Occurrence File, Without a Specific Value Shown

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48


Form RM100l

Form RMlOOl Form RM1250 Form RM1250 Form RM1250 Form RM1250 Form RM1250 Form RM1252 Form RM1254


Equipment Breakdown:

Covered Objects - Property Damage Only

(Reinsured by HSB) $25,000,000

Extra Expense Expediting Expense Hazardous Substance Perishable Goods Data Restoration Water Damage Service Interruption

Testing of an Object Exclusion

$5,000,000 $100,000 $100,000 $100,000 $100,000 Included $500,000 Applies

In no event shall the total limits of liability arising out of one equipment breakdown accident exceed $25,000,000

Extensions Of Coverage:

Please refer to the policyforms, endorsements, terms and conditions for actual language.

The sub limits or amounts payable under these standard extensions of coverage will not increase any other applicable limit of liability.

Standard Extensions of Coverage: RMI002

Personal Property of Employees

Included at a covered location or when being used by the employee in the course of employment.

Fire Department Charges

Plants, Trees, or Shrubs

Professional Fees

Debris Removal

Pollution Cleanup

Subject to Physical Damage Limit

$250,000

S250,000

S10,000,000 except windblown debris of property not covered by this policy is sub-limited to $250,000

SlOO,OOO

Annual Aggregate

Removal of Covered Property

Duty to Defend

180 Days

We will defend that part of any suit against you involving personal property of others. See conditions in policy.

Extended Period of Restoration

120 consecuti ve days immediately following the period of restoration.

Fungus Cleanup Expense

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S100.000

49


Computer Virus and Denial of Access $25,000

The sublimits or amounts payable under these optional extensions of coverage will not increase any applicable limit of liability

Optional Extensions of Coverage:

Real and personal property at each New $10,000,000

Location for up to 180 days from the date

such new location(s) is first purchased, rented

or occupied whichever is earlier

Unscheduled Locations: coverage applies to $2,500,000

locations reported to us prior to the effective

date.

Personal Property in Transit $500,000

Personal Property in Custody of Salespeople $500,000

Demolition Cost, Operation of Building Laws $2,500,000 Combined Limit

and Increased Construction Cost

Errors and Omissions $1,000,000

Miscellaneous Non-Scheduled Location $2,500,000

Extension (applies to Covered Personal

Property only)

Coverage Provided By Endorsement:


Limit of Liability

Form RMII03

Accounts Receivable Coverage

5100,000

Form RMI107 Earth Movement Coverage (Limits apply per occurrence and annual aggregate.i

Newly Acquired Locations Unscheduled Locations

All Other Covered Locations

The most we ~vill payfor all Earth Movement losses during any policy year is:

5500.000 5500,000 $10,000,000

510,000,000

Form RMI109

Floocl Coverage (Limits apply per occurrence and annual aggregate.)

Newly Acquired Locations Unscheduled Locations

All Other Covered Locations

$500,000 $500,000 $10,000,000

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so



Form RMll10

Form RMI112

Form RMI117

Form RMIIOO

Form RM 1101

Form RMI J02

Form RMI J 26

Form Rl'v11406

Form RM1523

Form RM1525

Form RMI526 New Form

Form RM1528

Form RMl783

Form RM1130

Form RM1682

Form RMl784

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The most H'e will pay for all Flood losses during any policy year is:

Services Interruption Coverage Extension:

• Any electrical generating plant, substation, power switching station, transformer, gas compressor station, telephone-switching facility. • Your telephone, water, sewer, air conditioning or refrigeration utility or supplier.

• Transmission lines, connections or supply pipes which fumish electricity, steam, gas, refrigeration, telephone, water or seJ.ver

$10,000,000

$5,000,000

Limit of Liability

Limit of Liability

Limit of Liability

Contingent Loss of Business Income or Extra Expense $500,000

Replacement Cost Extension Personal Property of Included

Others

Additional Named Insureds Included - Per Certificates of Insurance on File

Additional Insureds

Mortgagees / Loss Payees Interests

Fine Arts Endorsement - Per SOV on file

Liberalization Condition

Civil Authority Resulting Extra Expense

Included - Per Certificates of Insurance on File

Included - Per Certificates of Insurance on File

Included in Loss Limit

Applies

2 miles /182 Days

Civil Authority - Resulting Loss of Business Income 2 miles /182 Days

Loss of Business Income - Ingress to or Egress From a 2 miles / 182 Days

Covered Location

Loss of Business Income - Leasehold Interest $1,000,000

Amendatory

Valuable Papers Valuation Endorsement

Cancellation (Except for Nonpayment) Endorsement

Date or Time Failure - Loss of Business Income or Extra Expense - Resulting Damage

Data Processing Equipment - Upgraded Valuation

Included

90 Days

Included - $25,000 Annual Aggregate

Included

5]



Form RM1626

Form RM1545 (expiring RM3000)

Form RM1686

Form RM1782

Amendatory Endorsement

Miscellaneous Non-scheduled Location Extension (Note: This applies to covered Personal Property only)

Legal Liability Extension - Exterior & Interior Plate Glass

Nuclear Exclusion Amendatory

Media, Data and Software Valuation Amendatory

Deductibles:

Per occurrence unless shown otherwise

Form RMIOOO

Form RMl110

Form RMlOOO

Form RM1252

Policy Deductible (Combined Property Damage and Tilne Element)

Except:

Service Interruption

Personal Property, Extra Expense

Equipment Breakdown Property Damage

Loss of Business Income and Extra Expense

Equipment Breakdown Service Interruption Covered Objects, Extra Expense

Form RM 11 07 Earth Movement - All Covered Locations

Form RM 1109 Flood All Covered Locations

Form RM3000

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Legal Liability Extension Plate Glass Amendatory Endorsement

$100,000

Included - $500,000 Limit of Liability

Limit of Liability

Applies - $500,000

$25,000

Waiting period 24 hours, then $25,000 Dollar Amount: 24 Hours Time Element

$25,000

24 Hours Waiting Period

Waiting period 24 hours, then $25,000 Dollar Amount; 24 Hours Time Element

$25,000

$25,000

$25,000

52



Valuation:


Type o(Property

Covered Real Property and Personal Property

Raw Materials, Supplies and other merchandise not manufactured by you

Leasehold Improvements in which you have an insurable interest

Stock in Process

Finished Goods manufactured by you

Valuable Papers and Records

Media, data, programs or any software stored 011 electronic, electromechanical, electromagnetic data processing equipment or production equipment

Exposed Film

Personal Property of Others, Manuscripts, or Mobile Equipment or Tools

All Other Property

Time Element Coverages

Valuation Basis

Replacement Cost

Replacement Cost

Replacement Cost

Value of raw materials and labor extended plus the proper proportion of overhead charges

Regular cash selling price, less all discounts and charges

Value blank plus cost of copying from backup or from originals of a previous generation

Cost of transferring from backup or from originals of a previous generation

Value of film blank

Actual Cash Value - See Endorsements

Actual Cash Value

Actual Loss Sustained

to

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53



China Property Policy

Carrier: China Pacific Property Insurance Co., Ltd.

Policy No.: ABEJll002409Q000126Q

Policy Period: April 22, 2009 to January 9, 20 I 0

CLASS

PROPERTY ALL RISKS INSURANCE

INSURED

NATURE OF BUSINESS

Assurant Repair Services (Beijing) Limited Company, InterFinancial Inc.,Beijing Representative Office and/or all affiliated subsidiaries and/or associated companies for their respective interests that may appear

Start up business providing insurance related support services including Extended Service Contracts. The services provided will include sales & marketing, processing, claims management, actuarial, finance, human resources and IT administration.

LOCATION(S)

1) Assurant Repair Services Beijing Limited

Ocean International Center, Building A, Suite 2008, No.56,4th East Ring (Middle) Road, Chaoyang District

INTEREST INSURED

2) InterFinancial Inc., Beijing Representative Office

Room 606A,Marco Polo Office Building, Marco Polo Office Building,No.80,Anli Road, Chaoyang District, Beijing, PRC

(1) on Buildings and all permanent fixtures attached and

forming a part thereof; including Leasehold improvement

(2) on Personal Propel1V

(3) on Electronic Data Processing (4) on Extra expense

SUM INSURED

Interest Insured

Sum Insured

Valuation

Item (1)

Location 1)

USD 346,782.64

Rei nstatement Value

Location 2)

Nil

Item (2)

Location I)

New Replacement Value

USD 63,715.20

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87



Location 2)

USD 56,867

Item (3)

Location 1)

USD 1,383,062.43 Location 2)


USD 9,510

Item (4)

Location 1) USD 1,402,500 Location 2) USD 29,525


TOTAL

USD 3,291,962.27

COVERAGE

Indemnifying the Insured in respect of the physical loss of or damage to the insured property arising from any natural hazards or accidents other than those specifically excluded on the policy,

SPECIAL PROVISIONS

(1) 60 Days Notice of Cancellation by Insurers (Immediate Notice of Cancellation by Insured)

(2) All Other Contents (Limit: USS70,000 per occurrence) (3) Alterations and Repairs

(4) Automatic Capital Additions (Limit: 10% of sum insured)

(5) Automatic Cover for new locations (Limit: 10o/!') of sum

insured, and 90 days reporting period)

(6) Automatic Reinstatement of Sum Insured

(7) Brand and Trademark

(8) Claim Preparation Costs

(9) Earthquake & Tsunami Extension ( excess is 20% of the loss)

(lO)Employees & Directors Effects (ll)Errors & Omissions

(12)Escalation (Limit: 10% of sum insured) (13)Extra Charges (Limit: 25% of adjusted loss)

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88


EXCLUSIONS, INCLUDING BUT NOT LIMITED TO:

EXCESS FOR EACH AND EVERY LOSS

REMARKS

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(14) Fire Extinguishing Expenses (Limit: US$70,000) (l5)Full Theft (Deductible: US$1 ,000 each & every loss) (16) Intellectual Property

(17)Loss Notification

(18) Malicious Damage

(19)No Control

(20) N on- invalidation (21) Payment on Account

(22)Professional Fees (Limit: 10% of sum insured) (23) Public Authorities

(24)Removal of Debris (Limit: 10% of sum insured) (25) Reinstatement Value

(26)Social Club Property

(27)Strike, Riot and Civil Commotion (28)Temporary Removal

(29)Time Adjustment (Limit: 72 hours) (30) Vehicle Load

(31) Extend to cover portable computers and removable photograph apparatus in the insured locations

- Exclusions Specified in Local Standard Policy Wording

- Y2K Exclusion

US$2,000

The Limits and Sub-Limits applicable to this Policy apply in excess of the Deductible(s)/ Excess(es) shown in the Schedule;

Other conditions as per local standard wording;

there is a geography limits for portable electronic data processing

89



EXCLUSIONS

The Insurer shall not be liable for:

1. loss of or damage to the property insured and expenses arising from faulty design, defective material, or bad workmanship;

'l loss of or damage to the insured items themselves or expenses arising therefrom due to wear and tear, inherent or latent defect, change in substance, spontaneous combustion, natural heating, oxidation, rust and corrosion, leakage, mice, insects or vermin, change in atmosphere (climatic or temperature) conditions, change in normal water level or any other progressively operating cause;

3. loss of or damage to the mechanical or electrical devices not due to exterior forces;

4. loss of or damage to steam boilers, steam pipes, or other pressure vessel machines or apparatus themselves due to their explosion;

5. loss of or damage to electrical or mechanical equipment caused by faulty operation or defective technology on the part of the Insured or any of his employee(s);

6. shortage discovered at the time of taking an inventory;

7. depreciation, loss of market, loss of use and other consequential loss of any descri pti on;

8. loss of or damage to the insured property caused by wind, frost, rain water, snow, flood, hailstorm, or dust while being stored in the open or covered by or under a shed thatched with reeds, tarpaulins, straw, asphalt felt, plastic or nylon sheet;

9. loss of or damage to the insured property caused or expense incurred by earthquake or tsunami;

10. loss of or damage to the insured property caused or expenses incurred by intentional act or gross negligence of the Insured or his representative, and burglary by Insured's family member or relatives or employees;

11. loss of or damage to the insured property caused by failure of public utilities, such as: electricity, gas or water supply or other energy sources except failure caused by NATURAL HAZARDS or ACCIDENT:

12. loss of or damage to the insured property or expenses incurred arising from war, warlike operation, hostilities, armed conflicts, terrorism, conspiracy insurrection, coup d'etat, strike, riot, and civil commotion;

l3, confiscation, requisition, destruction or damage by any action or order of any government de jure or de facto or by any public authorities;

14. loss of or damage to insured property directly or indirectly caused or expenses incurred by nuclear fission, unclear fusion, nuclear weapons, nuclear materials, nuclear radiation and radioactive contamination;

15. loss or damage caused or expenses incurred by pollution of any kind or description whatsoever such as atmosphere, land and water pollution but this does not include loss or damage caused by pollution arising from NATURAL HAZARDS or ACCIDENTS;

16. the deductibles stated in the Schedule to be borne by the Insured.

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China General Liability Policy

Carrier: China Pacific Property Insurance Co., Ltd.

Policy No.: ABEJ] 1007008Q000153P

Policy Period: October 19, 2008 to January 9, 2010

1. Name of Insured

Assurant Repair Services Beijing Limited,InterFinancial Inc.,Beijing RepresentativeOffice(Preparatory) and/or all affiliated subsidiaries and/or associated companies for their respective interests that may appear

2. Locations

Assurant Repair Services Beijing Limited

Lufthansa Centre Beijing Office C203,50 Liangmaqiao Dr.Chaoyang District,Beijing,China 100016

InterFinancial Inc.,Beijing Representative Office(Preparatory)

Room 606A,Marco Polo Office Building,Marco Polo Office

Building,No.80,Anli Road,Chaoyang District,Beiji ng,PR C

3. Nature of Trade

Start up business providing insurance related support services including Extended Service Contracts. The services provided will include sales & marketing, processing, claims management, actuarial, finance, human resources and IT administration.

5. Limit of Indemnity

US$ 1 ,000,000 Each Occurrence and General Aggregate

6. Excess

For third party property damage only: RMB3000.00 Nil for personal injury

8. Territorial Limit

Occurrences other than those specified below:

Anywhere in PRC

Occurrences during and in connection with the performance of duties of any person normally resident or domiciled in PRC, but not while performing duties requiring predominantly manual labor except for the purpose of training or

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91


9. Jurisdiction

10. Special Provisions

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promoting sales:

Anywhere in the World

P. R. China (excluding Hong Kong, Macao and Taiwan)

(1) 60 Days Notice of Cancellation by Insurers

(Immediate Notice of Cancellation by Insured) (2) Additional Insured

(3) Advertising Signs & Decorations

(4) Automatic Cover for New Locations (90 days reporting period)

(5) Business Trip

(6) Car Parks Liability (Limit: RMB400,000 per vehicle,

RMB800,000 anyone accident)

(7) Cross Liability

(8) Errors & Omissions

(9) Fire/Explosion/Smoke/Water Damage Legal Liability (l 0) First Aid

(11) Hired/Non-owned Automobiles Liability

(12) Independent Contractors (Contract Limit: US$500,000) (13)Landlord's Furniture, Fixtures & Fittings Under Care,

Custody & Control of Insured

(14) Leased Staff Residences

( 15) Elevator & Escalators

(16) Premises Medical Expenses (US$ 1,000 anyone accident) (1 7) Premises and Operations

(18)Propel1y under Control, Care and Custody (19)Social & Recreational Activities

(20) Tenant's Liability

(21) Vehicle Damage to Premises (22) Vehicles - Excess Liability (23) Waiver of Subrogation

(24) Y2K Exclusion

92



This Policy comprises mainly the Schedule, Scope of Cover, Exclusions, Treatment of Claim, Insured's Obligations, General Conditions and Special Provisions, including also the Proposal of Insurance together with its attachments as well as any additions to be made, from time to time, by the Insurer in the form of Endorsement.

SCOPE OF COVER

1. The Insurer shall in the manner hereinafter provided indemnify the Insured against such sums which the Insured shall become legally liable to pay as damages in respect of death of or personal injury to third parties, or loss of or damage to property belonging to third parties in consequence of an accident occurring in direct connection with the performance of the work and happening within the Territory stated in the Schedule during the period of insurance;

2. In respect of any claim covered under this Policy, the Insurer shall in addition indemnify the Insured against the relevant legal costs payable by the Insured and other expenses incurred with the prior written consent of the Insurer;

3. The indemnification made by the Insurer for anyone accident shall be subject to the amounts to be payable by the Insured which are decided in accordance with the law by the court or the governmental department concerned.

Provided always that the liability of the Insurer shall in no case exceed the limits of indemnity for anyone accident stated in the Schedule, other than in respect of legal and defence costs which shall be in excess of the Limit of Indemnity.

EXCLUSIONS

The Insurer shall not be liable for:

I. liability assumed in accordance with any agreement between the Insured and other parties, unless such liability would have been attached to the Insured notwithstanding such agreement.

2. liability in respect of injury to any person who at the time of sustaining such injury is engaged in the service of the Insured.

3. liability in respect of damage to following property:

3.1 belonging to or in the charge or under the control of the Insured or his representative or employee;

Ma~h 93



3,2 being that part of any goods or land or building or structure on which the Insured or his representative or any employee is or has been using or occupying.

4. liability in respect of injury or damage caused by or in connection with or arising from:

4.1

4.2 4.3

the ownership or possession or use by or on behalf of the Insured of any animal, cycle, vehicle, locomotive, vessel of any kind, aircraft, lift, elevator, escalator, crane, hoist or other lifting machinery not specified in the Schedule.

fire, earthquake, explosion, flood or fumes;

pollution of any kind or description whatsoever such as atmosphere, land and water pollution;

defective sanitary installation or poisoning of any kind of foreign or deleterious matter in food or drink;

4.4

4.5 remedial or treatment advice given or agreed by the Insured.

5. liability in respect of or arising from damage to any land or property or structure caused by vibration or removal or weakening of support.

6. liability for any consequence arising directly or indirectly from war, warlike operation, hostilities, armed conflicts, terrorism, conspiracy insurrection, coup d'etat;

7. liability for any consequence arising directly or indirectly from strike, riot, civil commotion or malicious acts:

8. intentional act or gross negligence of the Insured and his representative;

9. liability arising directly or indirectly from nuclear fission, nuclear fusion, nuclear weapon, nuclear material, nuclear radiation and radioactive contamination;

10. fines, penalties, punitive or exemplary indemnities;

11. the deductibles stated in the Schedule or stipulated in the Policy to be borne by the Insured.

to

terms

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9.+



Germany Property & General Liability Policies

Carrier:

Policy No.:

AIG Germany

F 11 173.11] 2 (Property); H 18 151 3844 (General Liability)

January 9, 2009 to January 9,2010

Policy Period:

Location:

Lyoner Strasse 15

Tower B, ill Floor 0-60528 Franfurt am Main Germany

Fire and Extra Expense Policy:

Named Insured:

Assurant Germany

Coverage & Limits:

s 558,380 Personal Property & Electronic Data Processing Property

$ 132,248 Extra Expense

General Liability:

Named Insured:

Assurant Germany

Coverage & Limits:

$ 1,000,000 Bodily Injury and Property Damage each claim/annual aggregate

51, I 30 Euro Pure Financial Loss

"Note: As the policies are issued in German, brief information is included herein.

to

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95

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