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Attachment number I <br /> Page 34 of 42 <br /> PROPOSED MARINE HULL POLICY <br /> Insurer: <br /> RLI Insurance Company <br /> Rated A+XI By A. M. Best <br /> Named Insured: <br /> City of Sunny Isles Beach <br /> Type of Form: <br /> Marine Hull <br /> Limits of Liability: <br /> $ 160,000 The Grey Pearl—2006 25' Commander <br /> Coverage Limits must be ultimately chosen by the Insured. We as Agents cannot recommend <br /> the adequate limit of protection. Higher limits may be available. Please let us know if a quote is <br /> desired. <br /> Coverage Terms and Conditions: <br /> Covered Losses American Institute Hull Clauses (All Risks) including theft of <br /> entire vessel, subject to policy exclusions. <br /> Valuation Agreed Value <br /> Deductible o $2,500 All perils per occurrence <br /> Exclusions Exclusions include, but are not limited to, the following: <br /> War and Terrorism <br /> Radioactive Contamination <br /> U.S. Economic & Trade Sanctions <br /> Absolute Silica <br /> Mold, Mildew, Fungus <br /> Chemical, Biological, Bio-Chemical & Electromagnetic Pollution, <br /> Asbestos <br /> Navigation Warranty Atlantic Intracoastal Waterway & Beach Front Waters of <br /> South Florida <br /> * Optional Protection &Indemnity Coverage—$1,000,000 Limit <br /> Crew Coverage—Based upon 6 crew, however maximum 2 at any one time on vessel <br /> Annual Estimated Additional Premium: $13,967.75 <br /> Agenda Item No.10A <br /> 34 <br /> 98 <br />