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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />PREMIUM DISCOUNT ENDORSEMENT - TEXAS <br />.'t 1s agreed that the premium pe rtalning to Texas for General Liability lnsurance 1s subject to df scount 1n accordance with the follorimy- <br />;rotedurc: <br />• APPLICATION OF PREMIUM DISCOUNT <br />The Taxes stenderd premium for general ltebility lnsurance 1s subject to premium discount. <br />The premium discount eppl iceble to the Taxes stands rtl premium for general liability lnsurance shell be determined by epplying thereto <br />the premium discount percentage shorn 1n the general 11abi 11ty Table of Taxes Premium Discounts for the Total stenderd Premium on the <br />reverse side. <br />2. TOTAL STANDARD PREMILM <br />For the purposes of this endorsement the term 'Total Standard Premium' shell mean the policy premium far general liability lnsurance,.. <br />except that if the policy period 1s in excess of one year the Total stenderd Premium for each annual pert od shall be the po11cH ~-~ <br />premium for such insurance for each such period. <br />Minimum premiums, 1f applicable, shall be included 1n the standard premium. <br />3. EACEPTION FOR RETROSPECTIVE RATING <br />Premium dl scounts shell not be applicable to any stenderd premium subject to retrospective rating, because their effect is reflected:-.: <br />in the retrospective rating values. <br />If the retrospective rating is applicable to a pert of the premium, the amount of premium discount appl iceble to the Taxes general <br />liability standertl premium exclusive of any Taxes general liability premium subject to retrospective rating shell be the difference <br />between <br />(e) The discount determined by applying to the entire Taxes general ltebility stands rd premium the premium discount percentage <br />shorn in the general liability TeDle of Texas Premium Discounts for Total Standard Premium, and <br />(b) The dlscpunt determined by epplying to that port ton of the Taxes general ltebility standard premium which is subject to <br />retrospective rating the premf um dl scount percentage shorn in the general liability Table of Taxes Premium Discounts for so <br />much of the Total Stenda rd Premium es is subject to retrospective rating. <br />When issuing multiple year policies attach Supplement to Retrospective Premium Endorsement - Taxes Endorsement CG O1 69. <br />LOMBINAi ION OF SEPARATE POLICIES <br />Except es otherwise prow lded below, premium discounts shell be applied to each policy sepe retely on the bests of its Total Standard <br />Prcmi um: <br />(e) Separate policies issued to en Insured 6y the same lnsurance ce velar may be combined for premium discount purpose providetl <br />that the policies have a convnon expiration date end ere written for a pert od of one year or less. <br />(b) Separate policies issued to en insured by the same insurance center may be combined for premium discount purpose provided <br />that the Dol ides have a comaon ezpiretlon date and ere written for a period 1n excess of one year. <br />(c) for the purpose of this rule, the term 'insured' shall mean: <br />(1) A single entity, or <br />(2) Two or more entities which ere eligible for combination under the rules of the applicable Taxes experience rating <br />plan. <br />5. COMBINATION OF CARRIERS <br />General liability insurance afforded to en insured under one or more policies issued by sepe rote carriers under the same manegemm~t <br />may be tombined for a premium discount purposes in accordance with other applicable premiums of these rules. <br />.,. Policy Number Estimated Stenda rd Premium <br />3530 49 37 lOfieO <br />Total 10680 <br />Applicable premium discount percentage based on total estimated advance standard premium: 10.9 <br />• <br />Form No. CG 70 O1 09 87 <br />Copyright Insurance Services Office, Inc. <br />