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<br />FLORIDA MUNICIPAL INSURANCE TRUST <br />RFP No. 11-08-01 <br /> <br />PETROLEUM STORAGE TANK LIABILITY, CORRECTIVE ACTION AND CLEAN.UP COSTS COVERAGE <br /> <br />"QUOTE CAN BE CONSIDERED WITH A COMPLETED, SIGNED AND DATED AGENT OF RECORD I BROKER OF <br />RECORD LETTER ON MUNICIPALITY LETTERHEAD. CONSIDERATION WILL NEED TO BE APPROVED BY THE <br />STORAGE TANK LIABILITY INSURANCE CARRIER. ** <br /> <br />NAME: <br /> <br />City of Sunny Isles Beach <br /> <br />INSURER: <br /> <br />Illinois Union National Insurance Company <br /> <br />POLICY PERIOD: <br /> <br />One Year from Inception <br /> <br />LIMIT OF LIABILITY: <br /> <br />To Be Determined <br /> <br />DEDUCTIBLE: <br /> <br />To Be Determined <br /> <br />PREMIUM; <br /> <br />To Be Determined (**See below) <br /> <br />To Be Determined (Additional premium for Terrorism Risk Insurance Act) <br /> <br />No midterm credit for tank upgrade or removal. <br /> <br />THIS POLICY IS WRITTEN ON A CLAIMS MADE FORMAT. PRIOR ACTS COVERAGE IS NOT OFFERED. <br /> <br />The coverage available through illinois Union Insurance Company will be for liability for bodily Injury and property damage to thlrd-parties <br />and corrective action as a result of an incident of inland contamination as defined by Florida Statute. Coverage will be for scheduled <br />tanks at scheduled sites only. This policy is subject to a retroactive date which bars coverage for conditions existing prior to the <br />inception of the policy. <br /> <br />17 <br />