UMBRELLA LIABILITY TABLE OF CONTENTS

Transcription

1 UMBRELLA LIABILITY ITEM TABLE OF CONTENTS NSUMB PAGE PERSONAL UMBRELLA Highlights... 3 Introduction... 1 Minimum Premium... 4 Policy Limit and Retained Limit... 2 Policy Term... 2 Primary (Underlying) Requirements... 2 Prohibited List... 1 Rate Page - Personal Umbrella Liability... 4 Retained Limit... 2 Underwriting Requirements... 1 FARM UMBRELLA Highlights... 7 Introduction... 5 Minimum Premium... 9 Policy Limit and Retained Limit... 7 Policy Term... 7 Primary (Underlying) Requirements... 6 Prohibited List... 5 Rate Page - Farm Umbrella Liability Retained Limit... 7 Underwriting Requirements... 5 COMMERCIAL UMBRELLA Highlights Introduction Minimum Premiums Policy Limit and Retained Limit Policy Term Primary (Underlying) Requirements Prohibited List Rating Procedure Retained Limit Underwriting Requirements Minnesota New Business North Star Mutual Ins. Co. Renewals

2 INTRODUCTION PERSONAL UMBRELLA The purpose of the North Star Personal Umbrella program is to provide personal catastrophe liability coverage in excess of an underlying insurance program for individuals, particularly executives, property owners, and retired people of considerable net worth. UNDERWRITING REQUIREMENTS 1. All eligible primary liability coverages must be placed in the North Star. (This includes liability on boats and motors and one and two family dwellings.) This is a requirement of our reinsurers. Also, the Underlying policy must provide "personal injury" coverage. 2. The policy must be issued in the name of an individual. 3. Personal Umbrella Liability Applications, for quotation or policy issuance, must be submitted to the Home Office underwriting for acceptability. The agent may not bind the coverage until an application has been submitted and agreed to by the Company and then is accepted by the insured. 4. A computer generated Personal Umbrella Renewal Questionnaire is provided by North Star with the Expiration List two months in advance. This Renewal Questionnaire lists all present coverages. Indicate any changes, additions or deletions, sign and return to North Star, and a renewal policy will be issued. 5. Primary coverages not written by North Star must be written in insurance companies with a Best s rating of B+ or better. PROHIBITED LIST The following exposures are not eligible for reinsurance under this program: 1. Assigned risk drivers. 2. Automobile drivers with more than 2 moving violations in a 3-year period or more than 2 chargeable accidents in a 3-year period 3. Automobile drivers with any convictions for reckless driving or driving while intoxicated. 4. Youthful Drivers ages 16 to 18 with any at fault accidents or moving violations. 5. Youthful Drivers ages 19 to 21 with any at fault accidents or more than 1 moving violation in the last 3 years. 6. Youthful Drivers ages 22 to 24 with any at fault accidents or more than 2 moving violations in the last 3 years. 7. Business Pursuits except as permitted under the Homeowners rules and policy. 8. Errors and Omissions Liability. 9. Judges. 10. Labor Leaders. 11. Law Enforcement Officials. 12. Newspaper or Magazine Reporters, Editors or Publishers. 13. Persons who represent a Moral Hazard or anyone who has been sued for libel or slander. 14. Politicians. 15. Professional Liability. 16. Prominent Figures: Actors, Actresses, Professional Athletes, or others who are in the public limelight. 17. Public Lecturers. 18. Radio and TV Broadcasters and Telecasters. 19. Short term events (such as fairs, bazaars, outings). Minnesota New Business North Star Mutual Ins. Co. NSUMB - 1 Renewals

3 PRIMARY (UNDERLYING) INSURANCE MINIMUM REQUIRED LIMITS - PERSONAL UMBRELLA The following are the minimum limits required for the underlying policies: 1. Automobile Liability a. If North Star writes the underlying Automobile coverage. Cars, Pickups, Motorcycles, Motor Homes and Mopeds $250,000/$500,000 Bodily Injury and $100,000 Property Damage; or $300,000/$300,000 Bodily Injury and $100,000 Property Damage If any Youthful Drivers (New Business Only) $500,000/$500,000 Bodily Injury and $100,000 Property Damage b. If North Star does not write the underlying Automobile coverage Cars, Pickups, Motorcycles, Motor Homes and Mopeds $500,000/$500,000 Bodily Injury and $100,000 Property Damage; or $500,000 Combined Single Limit 2. Personal Liability, either as a separate policy or as a part of another policy. 3. Watercraft 4. Recreational Vehicles (Automated mode of transportation not licensed for road use) 5. Employers Liability $100,000 Each Accident 6. Rental Dwellings (1 to 4 family only) 7. Business Pursuits or Incidental Office POLICY TERM: One year POLICY LIMIT AND RETAINED LIMIT Basic contract limit is $1,000,000. The highest Umbrella limit available when youthful drivers are insured is $2,000,000. Limits of $2,000,000, $3,000,000, $4,000,000 and $5,000,000 are available - refer to Company for approval and rating. A self-insured retention of $250 applies when there is no primary limits coverage. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 2 Renewals

4 *HIGHLIGHTS OF OUR PERSONAL UMBRELLA LIABILITY POLICY 1. Provides $1 million ($2 million, $3 million, $4 million and $5 million options available - refer to Company for approval and rating) excess insurance over Auto, Homeowners, Watercraft, and other personal liability exposures. It also provides some coverages not available under basic forms, up to the limit purchased, over a small deductible of $ Pays the cost of legal defense where coverage is not provided by basic policies. 3. Umbrella automatically provides coverage for personal injury such as mental anguish, false arrest, false imprisonment, wrongful eviction, libel, slander, defamation of character, or invasion of privacy. The Underlying policy must provide "personal injury" coverage. 4. Includes employers liability for domestic employees not subject to Workers Compensation. 5. Coverage is world wide. Many underlying policies have territorial limitations restricting coverage to the U.S.A., its territories or possessions and Canada. 6. Can be used for both individuals in town and retired farmers owning farm land. Prospects would be business executives, retired farmers, property owners, retired people of means, etc. 7. Is not a complex policy and is easy to rate. 8. Cost is moderate when you consider the high limit, the broad nature of the policy and the potential exposures of the insured. * Refer to the policy or the Company for exact wording of any of these provisions. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 3 Renewals

5 RATE PAGE - PERSONAL UMBRELLA LIABILITY LIABILITY LIMIT $1,000,000 A. Personal Liability 1. Initial Residence and 1 Automobile... $ Each Additional Owner Occupied Residence or Rental Dwelling Swimming Pools/Ponds B. Automobiles, Motor Homes and Motorcycles owned, leased, or regularly used by insured, spouse, ward or resident relative 1. Each additional vehicle a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties c. Extra Vehicle Discount (Applied to each vehicle exceeding the number of drivers. Do not include farm trucks) % 2. Youthful Operators (under age 25) additional charge per operator a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties UM/UIM (rate applies per vehicle) (NOTE: UM/UIM is not available when an insured owns a motorcycle.) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties The Umbrella limit offered including UM/UIM will be capped at $1,000,000 and require the underlying UM/UIM limit to be equal to the underlying automobile liability limit. 4. Antique/Collector Cars (rate applies per vehicle) (Must be over 20 years old and driven less than 1,000 miles annually) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties C. Recreational Vehicles (Snowmobiles, ATV s and Golf Carts) 1. Snowmobiles, ATV's, Trail Bikes, Mini-Bikes (all not licensed for road use) a. Initial Unit b. Each Additional Unit Each Golf Cart D. Watercraft Liability 1. Under 26 feet in length a. Each outboard in excess of 25 HP b. Each inboard or inboard/outboard HP Each Watercraft feet in length and/or total HP over Each Personal Watercraft NOTE: No Personal excess coverage is available for any watercraft greater than 50 feet in length or any watercraft requiring a crew. E. Business Pursuits or Incidental Office on Premises F. Horses (1-2 horses are included) charge for more than 2 horses... 20% of Underlying Insurance Premium G. Annual Minimum Premium H. Other Exposures For exposures not covered in paragraphs A to F, charge 20% of the Underlying Insurance premium. NOTE: Individuals who still have ownership of farm land but are not actively farming will be rated by using 75% of the appropriate farm acreage charge. The Personal Umbrella minimum premium applies, but because there is farm land involved in this situation, Farm Umbrella forms will be used. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 4 Renewals

6 INTRODUCTION FARM UMBRELLA The purpose of the North Star Farm Umbrella program is to provide personal catastrophe liability coverage in excess of an underlying insurance program for farmers. UNDERWRITING REQUIREMENTS 1. All eligible primary underlying Farmowners or FPL must be covered in the North Star. (This includes liability on boats and motors and one and two family dwellings.) This is a requirement of our reinsurers. Also, the Underlying policy must provide "personal injury" coverage. 2. The policy must be issued in the name of an individual. 3. Farm Umbrella Liability Applications, for quotation or policy issuance, must be submitted to the Home Office underwriting for acceptability. The agent may not bind the coverage until an application has been submitted and agreed to by the Company and then is accepted by the insured. 4. A computer generated Farm Umbrella Renewal Questionnaire is provided by North Star with the Expiration List two months in advance. This Renewal Questionnaire lists all present coverages. Indicate any changes, additions or deletions, sign and return to North Star, and a renewal policy will be issued. 5. Primary coverages not written by North Star must be written in insurance companies with a Best s rating of B+ or better. PROHIBITED LIST The following exposures are not eligible for reinsurance under this program: 1. Any farm involved in a manufacturing or processing operation. 2. Any farm/ranch with underlying manual liability premium greater than $3,000 annually. 3. Assigned risk drivers. 4. Automobile drivers with more than 2 moving violations in a 3-year period or more than 2 chargeable accidents in a 3-year period. 5. Automobile drivers with any convictions for reckless driving or driving while intoxicated. 6. Youthful Drivers ages 16 to 18 with any at fault accidents or moving violations. 7. Youthful Drivers ages 19 to 21 with any at fault accidents or more than 1 moving violation in the last 3 years. 8. Youthful Drivers ages 22 to 24 with any at fault accidents or more than 2 moving violations in the last 3 years. 9. Automobile exposure engaged in the transportation of anhydrous ammonia, L.P.G., or any explosive or caustic chemicals. 10. Automobile exposure with a radius over 200 miles. 11. Commercial fertilizer exposures including application, blending, mixing or storage. 12. Crop dusting. 13. Custom farming receipts greater than $15, Hatcheries - operations. 15. Livestock feedlots if not incidental to the farming operation. 16. Racehorse farms. 17. Resort or dude ranches. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 5 Renewals

7 PRIMARY (UNDERLYING) INSURANCE MINIMUM REQUIRED LIMITS - FARM UMBRELLA The following are the minimum limits required for the underlying policies: 1. Automobile Liability a. If North Star writes the underlying automobile coverage Private Passenger Autos, Light Trucks (GVW of 10,000 or less), Motorcycles, Mopeds and Motor Homes Beet/Potato Farmers and All Others $250,000/$500,000 Bodily Injury and $100,000 Property Damage; or $300,000/$300,000 Bodily Injury and $100,000 Property Damage Medium Trucks (GVW of 10,001 20,000) Beet/Potato Farmers $500,000/$500,000 Bodily Injury and $100,000 Property Damage All Others $250,000/$500,000 Bodily Injury and $100,000 Property Damage; or $300,000/$300,000 Bodily Injury and $100,000 Property Damage Heavy Trucks (GVW of 20,001 45,000) and X-Heavy Trucks (GVW of 45,001 and over) Beet/Potato Farmers and All Others $500,000/$500,000 Bodily Injury and $100,000 Property Damage If any Youthful Drivers (New Business Only) $500,000/$500,000 Bodily Injury and $100,000 Property Damage b. If North Star does not write the underlying automobile coverage All Vehicle Types $500,000/$500,000 Bodily Injury and $100,000 Property Damage; or $500,000 Combined Single Limit 2. Farm Personal Liability, either as a separate policy or as a part of another policy. 3. Watercraft 4. Recreational Vehicles (Automated mode of transportation not licensed for road use) 5. Employers Liability $100,000 Each Accident 6. Rental Dwellings (1 to 4 family only) 7. Custom Farming or Business Pursuits or Incidental Office Minnesota New Business North Star Mutual Ins. Co. NSUMB - 6 Renewals

8 POLICY TERM: One year POLICY LIMIT AND RETAINED LIMIT Basic contract limit is $1,000,000. The highest Umbrella limit available when youthful drivers are insured is $2,000,000. Limits of $2,000,000, $3,000,000, $4,000,000 and $5,000,000 are available - refer to Company for approval and rating. A self-insured retention of $250 applies when there is no primary limits coverage. Limits of $6,000,000 to $10,000,000 may be available refer to Company for acceptability and premiums. *HIGHLIGHTS OF OUR FARM UMBRELLA LIABILITY POLICY 1. Provides $1 million (Higher options are available - refer to Company for approval and rating) excess insurance over Auto, Farmowners, FPL, Watercraft, and other Personal Liability exposures. It also provides some coverages not available under basic forms, up to the limit purchased, over a small deductible of $ Pays the cost of legal defense where coverage is not provided by basic policies. 3. Umbrella automatically provides coverage for personal injury such as mental anguish, false arrest, false imprisonment, wrongful eviction, libel, slander, defamation of character, or invasion of privacy. The Underlying policy must provide "personal injury" coverage. 4. Includes employers liability for farm and domestic employees not subject to Workers Compensation. 5. Coverage is world wide. Many underlying policies have territorial limitations restricting coverage to the U.S.A., its territories or possessions and Canada. 6. Can be used for farmers actively farming and owning farm land. 7. Is not a complex policy and is easy to rate. 8. Cost is moderate when you consider the high limit, the broad nature of the policy and the potential exposures of the insured. * Refer to the policy or the Company for exact wording of any of these provisions. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 7 Renewals

9 RATE PAGE - FARM UMBRELLA LIABILITY Beet/Potato Farmers All Others LIABILITY LIMITS $1,000,000 $1,000,000 A. Basic premium - includes initial residence and initial automobile acres... $ $ acres acres ,000 acres ,001-1,500 acres ,501-2,000 acres Over 2,000 acres - add to the 1,501-2,000 acres charge the following for each 500 acres Farm over 3,000 acres... Refer to Company 2. Each Add l Owner Occupied Residence or Rental Dwelling Custom Farming $1,001-$5,000 estimated receipts $5,001-$15,000 estimated receipts Employers Liability 1-10 employees (full-time working six months or more and part-time working over 40 days, but less than six months) - per employee Over 10 employees per employee Partnership Endorsement or Family Corporation Endorsement - Charge for each add'l partner or for each corporate officer B. Auto 1. Each additional motor vehicle (private passenger autos, pickups, motorhomes, motorcycles and mopeds) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties Each Light Truck (Gross Vehicle Weight of 10,000 lbs or less) Each Medium Truck (Gross Vehicle Weight of 10,001 to 20,000 lbs) a. Underlying Limit $250,000/$500,000/$100,000; or $300,000/$300,000/$100,000; $300,000 CSL... N/A b. Underlying Limit $500,000/$500,000/$100,000 or $500,000 CSL Each Heavy Truck (Gross Vehicle Weight of 20,001 45,000)/ X-Heavy Truck (Gross Vehicle Weight of 45,001 and over) a. Underlying Limit $250,000/$500,000/$100,000; or $300,000/$300,000/$100,000; $300,000 CSL... N/A N/A b. Underlying Limit $500,000/$500,000/$100,000 or $500,000 CSL Minnesota New Business North Star Mutual Ins. Co. NSUMB - 8 Renewals

10 RATE PAGE - FARM UMBRELLA LIABILITY (Continued) Beet/Potato Farmers All Others LIABILITY LIMITS $1,000,000 $1,000, Each youthful operator (under age 25) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties Full-time employees as youthful operators, each UM/UIM (rate applies per vehicle) (NOTE: UM/UIM is not available when an insured owns a motorcycle.) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties The Umbrella limit offered including UM/UIM will be capped at $1,000,000 and require the underlying UM/UIM limit to be equal to the underlying automobile liability limit. 8. Antique/Collector Cars (rate applies per vehicle) (Must be over 20 years old and driven less than 1,000 miles annually) a. Anoka, Dakota, Hennepin, Ramsey or Washington county b. All other counties C. Recreational Vehicles (Snowmobiles, ATV s & Golf Carts) 1. Snowmobiles, ATV's, Trail Bikes, Mini-Bikes (all not licensed for road use) a. Initial Unit b. Each Additional Unit Each Golf Cart D. Watercraft 1. Under 26 feet in length a. Each outboard in excess of 25 HP b. Each inboard or inboard/outboard HP Each watercraft ft in length &/or total HP over Each Personal Watercraft NOTE: No Farm or FPL excess liability coverage is available for any watercraft greater than 50 feet in length or any watercraft requiring a crew. E. Business Pursuits or Incidental Office or Studio on Premises F. Horses (1-2 are included) charge for more than 2 horses... 20% of Underlying Insurance premium G. Annual Minimum Premium Minnesota New Business North Star Mutual Ins. Co. NSUMB - 9 Renewals

11 INTRODUCTION COMMERCIAL UMBRELLA The purpose of the North Star Commercial Umbrella program is to provide catastrophe liability coverage in excess of the underlying insurance program for businesses and your commercial accounts. UNDERWRITING REQUIREMENTS 1. The primary underlying coverages such as Commercial Multiline policies, Commercial General Liability policies or Business Protector policies must be written with North Star. This is a requirement of our reinsurers. 2. AGENTS MAY NOT BIND COVERAGE BY APPLICATION. Coverage is bound only after the application is received and accepted by the Home Office. 3. A computer generated Commercial Umbrella Renewal Questionnaire is provided by North Star with the Expiration List two months in advance. This Renewal Questionnaire lists all present coverages. Indicate any changes, additions or deletions, sign and return to North Star, and a renewal policy will be issued. 4. Automobile coverages not written by North Star must be written in insurance companies with a Best s rating of B+ or better. PROHIBITED LIST 1. Aerosol Container Filling 2. Aerospace Products 3. Agricultural Chemicals and Fertilizers 4. Aircraft Liability or Products - All Operations 5. Airports 6. Amusement Parks, Carnivals or Amusement Devices - Operations 7. Any class prohibited under any of our underlying general liability coverages 8. Asbestos Installation or Removal 9. Auctions-Tobacco Sales 10. Auto Dealerships 11. Auto Dismantling Service 12. Auto Leasing/Rental 13. Bicycle Assembly 14. Blasting Operations 15. Blood Banks 16. Boat or Ship Building 17. Bottling Operations 18. Bridge and Tunnel Construction 19. Buses other than school or church buses 20. Construction Equipment-Rental/Sales 21. Contractors with receipts in excess of $1,000, Convalescent Homes 23. Crop Spraying - Aerial 24. Dam or Reservoir Construction 25. Detective and Patrol Agencies 26. Directors and Officers Liability 27. Distilling/Refining Asphalt/Tar Operations 28. Electrical Contractors doing work on grain elevators unless incidental to insured s principal operation. Incidental is defined as being not more than 5% of gross receipts. 29. Equipment Rental other than farm equipment 30. Errors and omissions liability 31. Fidelity, surety, fiduciary liability, ERISA and employee benefit liability, financial guarantee, credit, and insolvency 32. Fireworks-All Operations 33. Foundries and Mills Minnesota New Business North Star Mutual Ins. Co. NSUMB - 10 Renewals

12 PROHIBITED LIST (Continued) 34. Fumigators or Exterminators 35. Garagekeepers Legal Liability 36. Garbage or Refuse Dumps 37. Garbage/Refuse Collection Services 38. Garbage Works-Incineration 39. Gasoline-All Operations (except retail gas stations) 40. General Contractors - Commercial and Residential (with receipts in excess of $1,000,000) 41. Governmental Entities-local, county, or state 42. Grain Elevators, except where intended strictly for insureds usage, terminals, or feed mills 43. Hospitals and Hospital Professional Liability 44. Hotels or motels over three (3) stories unless fire - resistive construction and with smoke detectors 45. Industrial Equipment-installation or leasing 46. Installation, Service or Repair of: Automatic Sprinklers, Boiler making Machinery, Boilers, Fire Extinguishers, Fire Protection Systems, Railroads or Related Equipment, Tank and Pressurized Tanks. 47. Jetty or Breakwater Construction 48. Joint Ventures 49. Jones Act 50. Leasing and Rental Operations-All Types 51. Levee Construction 52. Liquor Liability 53. Livestock Haulers 54. Long Haul Truckmen 55. Manufacturing-All Types 56. Marine Diving 57. Maritime Liability 58. Medical, Dental, Hospital/Surgical Equipment-installation, service, distribution 59. Medical Instruments 60. Medical Malpractice 61. Millwright Work 62. Mining Equipment-all operations 63. Mining Operations of any type 64. Mixing or compounding of animal feeds or grain 65. Municipalities/Town Halls 66. Natural Gas Operations 67. Nuclear risks of any type and any operation in which any radioactive substance is used. 68. Nursing and Personal Care Facilities 69. Ocean Marine 70. Oil Field Equipment 71. Oil/Gas industry related exposures 72. Oil or Pipeline Construction 73. Optical Instruments 74. Pharmaceuticals-All Operations except drugstores 75. Pile Driving 76. Pipelines 77. Pipelines-Operation and Maintenance 78. Police and Fire Departments 79. Professional Liability-All Classes 80. Public Livery 81. Racing and Track Operation-Auto and Horse 82. Railroads and subways 83. Repair service or installation of any pressure vessel 84. Risks with first million premium exceeding $5, Scaffolds-manufacturing, servicing, repair or leasing 86. Schools-All Types Minnesota New Business North Star Mutual Ins. Co. NSUMB - 11 Renewals

13 PROHIBITED LIST (Continued) 87. Securities and exchange commission liability 88. Seedmen s Liability 89. Short term events (such as fairs, bazaars, outings) 90. Skilled Nursing Care Facilities 91. Steel Haulers 92. Stevedoring 93. Storage, sale, or transporting of explosives, corrosives, munitions, chemicals, gasoline (other than gasoline stations or service stations), natural or artificial fuel gases, propane or liquefied petroleum gas; however, this exclusion shall not apply to storage, sale, or transporting of propane or liquefied petroleum gas if incidental to insured s principal operation. Incidental is defined as being not more than 5% of gross receipts. 94. Subaqueous Operations 95. Taxis 96. Tire Recapping 97. Tool Rental 98. Tractors 99. Truckmen-Contract or common carrier 100. Tunneling Contracting 101. Utilities-All Types 102. Warehousemen s legal liability 103. Water, Sewer and Utility Line Construction 104. Workers Compensation 105. Wrecking or demolition of buildings 106. Automobile drivers with or any convictions for reckless driving or driving while intoxicated Youthful Drivers ages 16 to 18 with any at fault accidents or moving violations Youthful Drivers ages 19 to 21 with any at fault accidents or more than 1 moving violation in the last 3 years Youthful Drivers ages 22 to 24 with any at fault accidents or more than 2 moving violations in the last 3 years. PRIMARY (UNDERLYING) INSURANCE MINIMUM REQUIRED LIMITS- COMMERCIAL UMBRELLA The following are the minimum limits required for the underlying policies: 1. Comprehensive Automobile Liability, including non-owned and hired car coverage. $500,000/$500,000 Bodily Injury and $100,000 Property Damage; or $500,000 Combined Single Limit 2. Commercial General Liability (Also applies to the Liability portion of Church Protector, Contractors Protector, All Other Commercial Multilines and Business Protector) Premises/Operations: $500,000 Each Occurrence and $1,000,000 General Aggregate Products/Completed Operations: $1,000,000 General Aggregate 3. Employers Liability $100,000 Each Accident, $100,000 Each Employee Disease and $500,000 Policy Limit Disease Any coverage not written by North Star must be written in insurance companies with a Best's rating of "B+" or better. MINIMUM PREMIUMS FOR $1,000,000 coverage: 1. If there is an underlying auto policy: a. Metropolitan Counties (Anoka, Dakota, Hennepin, Ramsey, Washington) = $1,000 b. Remainder of State = $ If there is no underlying auto policy: a. Metropolitan Counties (Anoka, Dakota, Hennepin, Ramsey, Washington) = $750 b. Remainder of State = $400 Minnesota New Business North Star Mutual Ins. Co. NSUMB - 12 Renewals

14 POLICY TERM: One year. POLICY LIMIT AND RETAINED LIMIT Basic contract limit is $1,000,000. The highest Umbrella limit available when youthful drivers are insured is $2,000,000. Limits of $2,000,000, $3,000,000, $4,000,000 and $5,000,000 are available - refer to Company for approval and rating. The self-insured retention (insured s retained limit) is $10,000 for all Commercial Umbrella Policies. Limits of $6,000,000 to $10,000,000 may be available refer to Company for acceptability and premiums. RATING PROCEDURE: Refer to Company *HIGHLIGHTS OF OUR COMMERCIAL LIABILITY UMBRELLA POLICY 1. Provides excess insurance for: a. Bodily Injury Liability; b. Property Damage Liability; and c. Personal and Advertising Injury Liability. 2. Pays those sums in excess of the $10,000 retention where underlying insurance does not apply and if coverage is not excluded in this policy. 3. Coverage is world wide, which is broader than most underlying coverages. 4. Includes contractual and independent contractors coverage. 5. Gives broad coverage at a moderate cost for the limit purchased. 6. Prospects for this coverage could be almost any commercial account interested in protecting itself from the very serious claim and interested in this broader form of liability coverage. * Refer to the policy or the Company for exact wording of any of these provisions. Minnesota New Business North Star Mutual Ins. Co. NSUMB - 13 Renewals