HomeMy WebLinkAbout20162434.tiffArthur J. Gallagher & Co.
Client Authorization to Bind Coverage
Weld County Housing Authority
After careful consideration of your proposal dated July 21, 2016, we accept your insurance program subject
to the following exceptions/changes:
POLICY OPTIONS:
YES
NO
OPTION DESCRIPTION
i
Directors & Officers - $1,000,000 Limit / $1,000 SIR - $2,675 (per expiring)
Directors & Officers - $500,000 Limit / $1,000 SIR - $2,006
Directors & Officers - $2,000,000 Limit / $1,000 SIR - $3,344
Directors & Officers - $3,000,000 Limit / $1,000 SIR - $3,745
Bind TRIA Terrorism Coverage As Quoted Except For the Following Policies
Provide Quotations or Additional Information on the following Coverage
Considerations
The above coverage may not necessarily represent the entirety of available insurance products. If you are
interested in pursuing additional coverages other than those addressed in the coverage considerations
included in this proposal, please list below:
It is understood this proposal provides only a summary of the details; the policies will contain the actual
coverages.
We confirm the values, schedules, and other data contained in the proposal are from our records and
acknowledge it is our responsibility to see that they are maintained accurately.
We agree that your liability to us arising from your negligent acts or omissions, whether related to the
insurance or surety placed pursuant to these binding instructions or not, shall not exceed $20 million, in the
aggregate. Further, without limiting the foregoing, we agree that in the event you breach your obligations,
you shall only be liable for actual damages we incur and that you shall not be liable for any indirect,
consequential or punitive damages.
Client Signature
For Weld County Housing Authority
Dated
2016-2434
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