Inbound USA Progsumm Lloyd s Audit Changes-1-13-10
13 pages
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Inbound USA Progsumm Lloyd's Audit Changes-1-13-10

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Description

Lloyd’s Certificate This Insurance is effected with certain Underwriters at Lloyd’s, London. This Certificate is issued in accordance with the limited authorization granted to the Correspondent by certain Underwriters at Lloyd’s, London whose syndicate numbers and the proportions underwritten by them can be ascertained from the office of the said Correspondent (such Underwriters being hereinafter called “Underwriters”) and in consideration of the premium specified herein, Underwriters hereby bind themselves severally and not jointly, each for his own part and not one for another, their Executors and Administrators. The Assured is requested to read this Certificate, and if it is not correct, return it immediately to the Correspondent for appropriate alteration. All inquires regarding this Certificate should be addressed to the following Correspondent: 303 Congressional Boulevard Carmel, IN 46032 1-800-335-0611 317-575-2652 317-575-2659 FAX www.sevencorners.com SLC-3 (USA) NMA 2868 (24/08/2000 From approved by Lloyd’s Underwriters’ Non-Marine Association Limited EASON PRINTING CO., CHICAGO Inbound USA Program Summary 2009 - 1 LON09-090401-01TM Rev 01-13-10 CERTIFICATE PROVISIONS 1. Signature Required. This Certificate shall not be valid unless signed by the Correspondent on the attached Declaration Page. 2. Correspondent Not Insurer. The Correspondent is not an Insurer hereunder ...

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Lloyd’s Certificate
This Insurance is effected with certain Underwriters at Lloyd’s, London.  This Certificate  is issued in accordance with the limited authorization granted to the Correspondent by certain Underwriters at Lloyd’s, London whose syndicate numbers and the proportions underwritten by them can be ascertained from the office of the said Correspondent (such Underwriters being hereinafter called “Underwriters”) and in consideration of the premium specified herein, Underwriters hereby bind themselves severally and not jointly, each for his own part and not one for another, their Executors and Administrators.  The Assured is requested to read this Certificate, and if it is not correct, return it immediately to the Correspondent for appropriate alteration.  All inquires regarding this Certificate should be addressed to the following Correspondent:  
 303 Congressional Boulevard Carmel, IN 46032 1-800-335-0611 317-575-2652 317-575-2659 FAX www.sevencorners.com       
                  Inbound USA Program Summary 2009
SLC-3 (USA) NMA 2868 (24/08/2000 From approved by Lloyd’s Underwriters’ Non-Marine Association Limited EASON PRINTING CO., CHICAGO   
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LON09-090401-01TM Rev 01-13-10
 CERTIFICATE PROVISIONS 1. Signature Requi  r  e T d hi . s Certificate shall not be valid unless signed by the Correspondent on the attached Declaration Page. 2. Correspondent Not Ins   u T r h e e r.  Correspondent is not an Insurer hereunder and nesithhaellr  bise  nliaorb le for any loscsl aoirm  whatsoever.  The Ienr s  uhrereunder ahreo tse Underwriters at Lloyds, London whose syndicate nuamnb ebres  acscertained as hereinbefore se t Afso rtuhs. ed in this Certificate Untdeersr”w rsihall be deemed to include incorporated as wel unincorporated persons or entiti easr et hUatnderwritearts  Lloyds, London. 3. Cancellatio   n If .  this Certificate provides foer llc a tinocn and this Certificate is canacfteellre tdh e inception date, earned premiu bme  pmauisdt for the time the insurance has been in force. 4. Service of S  u  i I t t .  is agreed that in the event of the failure of eUrns dteor wpraity any amount claitmo ebde  due hereunder, Underwrit etrhse,  raetquest of the Aesds,u rwill submit to the jurisdiction of a Court of competent jurisdiction wititheind  tShtea tUesn.  Nothing in this Clause constitutes or shdoeurlsdt oboe d utno constitute a waivUenr doef rwriters rights to commence a action in any Court of competent jurisdiction in the Un,i t eo dr eSmtaotvees an action to a United States District oC osueret,k  oar  ttransfer of a case to another Court as permitted by the l the United States or of any State in the United States.  It is further agreed that service of process in sucuhp osnu i t  hme afiyr mb eo rm paedres on name i n6  itoef tmhe attached Declaration Page, and that in any ssutii t  uitned against any one of uthpeonm  this contract, Underwrwiitlel rasb ide by the final dec iosfi osnuch Court or of any Appellate Court in the event of an appeal. The above-named are authorized and directed to acceptp rsoecreviscse  o nf  behalf of Underwirnit earns y such suit and/or  urpeoqnuest of the Assured vteo  agi written undertaking to the Assured that they will e an tgereneral appearance upon wUrnitdeerrs behalf in tehv e nt such a suit shall be instituted. Further, pursuant to any statute of ae,n tye srrtiattory or district of the Uniatt e ds  Swthich makes provision therefor,w rUitnerdse rhereby designate the Suepnedrei n t , Commission erD iroerctor of Insurance or other officer specified for that purpose uitne ,t hore  shtisa tsuccessors in office, as their true ando rlanewyf ulu paottn whom may be served any lawful process in any action, proceeding instituted by or on behalf sofs tuhr e  d Aor any beneficiary here uarnidsienrg out of this contract of insuradn ch e , raenby designate the above-omn e dn tias the person to whom the said officer is authorized to mail such process or a true copy thereof. 5. Assignme  n T t. his Certificate shall not be assigned either ini nw phaorlte  woirt hout the written consent of the Correspondent eerneodno.r sed h 6. Attached Conditions Incorpo   r T at hi e s d  . Certificate is made and accepted subject t o  vailsl itohnes , pcronditions and warrasne t i feos rth herein, attacheedn odro rsed, all of which are to be considered as irnpc o rated herein. 7. Short Rate Cancella  t  i If o t n h . e attached provisions provicdaen fcoerl lation, the table below will be  ucsaelcdu tloate the shroar t e proportion hoef tpremium when applicable under the terms cancellation. Short Rate Cancellation Table for Term of One Year.     Days Insurance Per Cent of Days Insurance Per Cent of Days Insurance Per Cent of Days Insurance Per Cent of  In Force One Year Premium In Force One Year Premium In Force One Year Premium In Force One Year Premium       1....................................... 5 %6 6 - 69 ................................... 29 1%5 4 -............................1..5..6.  53256 - ..........................2...6..0. . 77  2....................................... 6 70 - 73 ................................... 30 % % 3  4....................................... 7 74 - 76 ................................... 31 157 -............................1..6..0.  54 261 - ..........................2...6..4. . 78 -5 - 6....................................... 8 77 - 80 ................................... 32 161 -............................1..6..4.  55 265 - ..........................2..6...9. . 79 7 - 8....................................... 9 81 - 83 ................................... 33 165 -...........................1...6.7..  56 270 - ...............2..7..3  (9 mos.) 80 9 - 10..................................... 10 84 - 87 ................................... 34 168 -............................1..7.1..  57 274 - ..........................2..7...8. . 81 11- 12..................................... 11 88 -91 (3 mos.) ....................... 35 172 -...........................1..7..5..  58 279 - ..........................2..8...2. . 82 13- 14..................................... 12 92 - 94 ................................... 36 176 -............................1..7..8.  59 283 - ...........................2..8..7. . 83 15- 16..................................... 13 95 - 98 ................................... 37 179 -................1..8. 2 (6 mos.) 60 288 - ...........................2..9..1. . 84 17- 18..................................... 14 99 -10.2. ................................. 38 183 -...........................1..8..7..  61 292 - ..........................2..9...6. . 85 19- 20..................................... 15 103 - ..........................1...0..5. . 39 188 -...........................1..9..1..  62 297 - ..........................3..0...1. . 86 21- 22..................................... 16 106 - ...........................1..0..9. . 40 192 -............................1..9..6.  63 302 - .............3..0..5  (10 mos.) 87 23- 25..................................... 17 110 - ...........................1..1..3. . 41 197 -...........................2..0..0..  64 306 - ..........................3..1...0. . 88 26- 29..................................... 18 114 - ...........................1..1..6. . 42 201 -...........................2..0..5..  65 311 - ..........................3..1...4. . 89 30-32 (1 mos.) ....................... 19 117 - ..........................1..2...0. . 43 206 -............................2..0..9.  66 315 - ..........................3..1...9. . 90 33- 36..................................... 20 121 - ...............1..2..4  (4 mos.) 44 210 -...............2..1..4  (7 mos.) 67 320 - ..........................3..2...3. . 91 37- 40..................................... 21 125 - ..........................1..2...7. . 45 215 -...........................2..1...8.  68 324 - ..........................3...2..8. . 92 41- 43..................................... 22 128 - ...........................1..3..1. . 46 219 -............................2..2..3.  69 329 - ..........................3..3...2. . 93 44-47..................................... 23132 - ...........................1..3..5. . 47 224 -............................2..2..8.  70 333 - .............3...3. 7 (11 mos.) 94   48- 51..................................... 24 136 - ...........................1..3..8. . 48 229 -............................2..3..2.  71 338 - ...........................3..4..2. . 95 52- 54..................................... 25 139 - ..........................1..4...2. . 49 233 -............................2..3..7.  72 343 - ...........................3..4..6. . 96 55- 58..................................... 26 143 - ..........................1..4...6. . 50 238 -............................2..4..1.  73 347 - ...........................3..5..1. . 97 59-62 (2 mos.) ....................... 27 147 - ..........................1..4...9. . 51 242 -................2..4.6  (8 mos.) 74 352 - ...........................3..5..5. . 98 63- 65..................................... 28 150 - ...............1..5..3  (5 mos.) 52 247 -............................2..5..0.  75 356 - ..........................3..6...0. . 99 251 -............................2..5..5.  76 361 - .............3..6..5  (12 mos.)100   Rules applicable to insurance with terms less than or more than one year: A.  If insurance has been in force for one year or less, haoprpt lrya t he et asble for annual insurance to the full annu adl eptr e r m i unmed as for insuranitct e  nw rfor a term of one year. B.  If insurance has been in force for more than one year: 1.  Determine full annual premium as froarn icnes uwritten for a term on one year. 2.  Deduct such premium from the full insurance premium, raenmda io n d tehr ec alculate the ptrao  er a rned premium on the ba tshise  orfatio of the length of time beyond on year the insurance has been in force to the lengbthe yoof ntidm oe ne year for which thcey  pwoalis originally written. 3.  Add premium produced in accordance with items (1) oabntadi n( 2e)a tron ed premium during fiuoldl  ipnesrurance has been cine .f or             Inbound USA Program Summary 2009 - 2 LON09-090401-01TM Rev 01-13-10
    
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