_GENERAL DOCUMENTS - C1981017 ‎(257)‎

• Permit No: C1981017
• IBM Index Class Name: GENERAL DOCUMENTS
• Doc Name: Bid Documents ‎(IMP)‎ Stabilization CBNP
• Permit Index Doc Type: General Correspondence
• Media Type: D
• Archive: No

Westchester Fire Insurance Company
Insurance Company
Bitterroot Restoration, Inc.
Policyholder
ace usa K07063222
Policy Number
Payne Financial Group Inc.
Broker/Producer
POLICYHOLDER DISCLOSURE
NOTICE OF TERRORISM
INSURANCE COVERAGE
You should be aware that under the Terrorism Risk Insurance Act of 2002 ("The Act") effective November 26,
2002, any losses caused by certified acts of terrorism under your existing coverage may be partially reimbursed
by the United States under a formula established by federal law (applicability is subject to the terms and
conditions of each individual policy). The Act was specifically designed to address the ability of businesses and
individuals to obtain property and casualty insurance for terrorism and to protect consumers by addressing
market disruptions and ensure the continued availability of terrorism coverage
Under the terms of The Act, you may now have the right to purchase insurance coverage for losses arising out of
acts of terrorism, as defined in Section 102(1) of the Act. The term "act of terrorism" means any 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, to be a violent act or an act that is dangerous to human life,
property; or infrastructure, to have resulted in damage within the United States, or outside the United States in
the case of an air carrier or vessel or the premises of a United States mission; and to have been 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
Responsibility for Compensation under The Act is shared between insurance companies covered by The Act and
the United States. Under the formula set forth in The Act, the United States pays 90% of covered terrorism losses
exceeding the statutorily established deductible, which is paid by the insurance company providing the coverage
We are providing you with the terrorism coverage required by The Act. We have not established a separate price
for this coverage; however the portion of your annual premium that is reasonably attributable to such coverage is
$ 00.00..
Notice Form 3b (New/Renewal)
TRIA07 (1/03)