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PROPOSED MARINE HULL POLICY <br /> Insurer: <br /> RLI Insurance Company <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 /> 36 <br />