ML17334A680

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Submits Annual Rept for Property Insurance for Donald C Cook Nuclear Plant,Units 1 & 2,as of 980401
ML17334A680
Person / Time
Site: Cook  American Electric Power icon.png
Issue date: 03/12/1998
From: Fitzpatrick E
INDIANA MICHIGAN POWER CO.
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
AEP:NRC:07980, AEP:NRC:7980, NUDOCS 9803190367
Download: ML17334A680 (7)


Text

CATEGORY 1 REGULAY INFORMATION DISTRIBUTI(SYSTEM (RIDE)

ACCESSION NBR:9803190367 DOC.DATE: 98/03/12 NOTARIZED: NO DOCKET FACIL:50-315p~~onald C.

Cook Nuclear Power Plant, Unit 1, Indiana M

05000315 50-316 Donald C.

Cook Nuclear Power Plant, Unit 2, Indiana M

05000316 AUTH.NAME AUTHOR AFFILIATION FITZPATRICK,E.

Indiana Michigan Power Co.

RECIP.NAME RECIPIENT AFFILIATION Document Control Bra'nch (Document Control Desk)

SUBJECT:

Submits annual rept for property insurance for Donald C Cook Nuclear Plant, Units 1

&. 2,as of 980401.

DISTRIBUTION CODE:

M001D COPIES RECEIVED:LTR ENCL SIZE:

TITLE: Insurance:

Indemnity/Endorsement Agreements NOTES:

T, E

RECIPIENT ID CODE/NAME STANG, J INTERNA ILE CENTER 0

EXTERNAL: NRC PDR COPIES LTTR ENCL 1

0 1

1 1

1 RECIPIENT ID CODE/NAME COPIES LTTR ENCL G'

0 E

H NOTE TO ALL MRZDSM RECIPIENTS:

PLEASE HELP US TO REDUCE WASTE. TO HAVE YOUR NAME OR ORGANIZATION REMOVED FROM DISTRIBUTION LISTS OR REDUCE THE NUMBER OF COPIES RECEIVED BY YOU OR YOUR ORGANIZATION, CONTACT THE DOCUMENT CONTROL DESK (DCD)

ON EXTENSION 415-2083 TOTAL NUMBER OF COPIES REQUIRED:

LTTR 3

ENCL 2

~

~

Indiana Michigan Power Company 500 Circle Drive Buchanan, Ml 491071395 INOIAlM MICNlGAM PQW'M March 12, 1998 Docket Nos.:

50-315 50-316 U. S. Nuclear Regulatory Commission ATTN:

Document Control Desk Mail Stop 0-Pl-17 Washington, D.

C.

20555-0001 AEP:NRC:07980 Gentlemen:

Donald C.

Cook Nuclear Plant Units 1 and 2

ANNUAL REPORT OF PROPERTY INSURANCE In accordance with 10 CFR 50.54(w) (3),

the attachment to this letter details the sources and levels of insurance maintained for Donald C.

Cook Nuclear Plant units 1 and 2, as of April 1, 1998.

Sincerely, nest)

E.

E. Fi zpatrick Vice President jen Attachment J.

A. Abramson A. B. Beach MDEQ -

DW

& RPD NRC Resident Inspector J.

R.

Sampson QOOI 9'8031'P03b7 980312 PDR ADOCX 0S0003X5 I

J PDR l(lIINIIi)tiII

ATTACHMENT TO AEP:NRC:07980 ANNUAL REPORT OF PROPERTY INSURANCE DONALD C.

COOK NUCLEAR PLANT

Attachment to AEP:NRC:07980 Page 1

As required by,, 10 CFR 50.54(w)(3), all insurance coverage described herein is first dedicated to cover decontamination expenses at the site.

Any residual funds under the policies described herein may be available for physical damage losses to the plant in an amount up to

$3,001,500~000.

Where losses exceed

$500,000,000, the insurers then would indemnify for shortfalls in decommissioning trust funds for decommissioning which is a result of loss and for property damage less any amounts used for stabilization and decontamination.

The coverage provided on Donald C.

Cook Nuclear Plant for "All Risk" PROPERTY

DAMAGE, DECONTAMINATION LIABILITY, and DECOMMISSIONING LIABILITYCOVERAGE ZN THE AMOUNT OF $ 3 g 001

~ 500, 000 subject to a

deductible of

$1,000,000 per occurrence are as follows:

-$1,500,000 Portion of the first

$501,500,000 under Energy Insurance Bermuda Policy No. P03-98-01.

-$500,000,000 Portion of the first

$501,500,000 under Nuclear Mutual Limited Policy No. P97-047.

-$2,250,000,000 as 100% of loss in excess of

$501,500,000 under Nuclear Electric Insurance, Limited (NEIL ZI) Policy No. X96-019.

-$250,000,000 as 100% of loss in excess of

$2,751,500,000 under Nuclear Electric Insurance Limited Policy No. JX97-018.