ML20141G468

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Forwards Nelia & Maelu Certificates N-108 & M-108, Respectively,Evidencing Secondary Financial Protection
ML20141G468
Person / Time
Site: Braidwood Constellation icon.png
Issue date: 01/06/1986
From: Oster J
COMMONWEALTH EDISON CO.
To: Saltzman J
NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8601100275
Download: ML20141G468 (14)
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'..)) Comunommeekh 72 West Adams Street. Chicago. linnois Address Reply to: Post Office Box 767 Eagleon CNcago Illinois 60000 A

January 6, 1986 Mr. Jerome Saltzman Assistant Director State and Licensee Relations Office of State Programs U.S. Nuclear Regulatory Commission Washington, D.C. 20555 l RE: Docket No. 50-456

Dear Mr. Saltzman:

Pursuant to instructions issued by ANI and '

MAELU, enclosed are two (2) certified copies of Cert- .

ificates N-108 and M-108 evidencing Secondary Financial Protection for Braidwood Unit 1.

Sincerely,

, ,L[/

./.Oster J '

Insurance Administrator JO/ck Enclosure

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!!UCLEAR ENERGY LIABILITY INSURANCE ASSOCIATI0ft TH!313 TO CUIDTY THAT THIS IS A TRtE COPY CF THE 091GINAL CEhilFlCATE MARING THS WMBER des!GNA TED H'dREON. FOA PsSURANCE C0VERAGEUNDERTHE MASTERf 0iJCY fiUCLEARENERGY C rtificate No. N-108 t! AM11Y [USURANCE (SECONDMV fINAgl' rAL PROTECil0N). N0 INSO: NCEIS AFFORGE DY 1h'5 COPY // Forming Part of Master Jmc $$7f ~ A' Policy No.

WE S10ENT LIAB!LITY Urli$i1Wih99RA 1 AMUhCAN NUCLEAR lhSURE .S CERTIFICATEOFINSURAtlCE DECLARATI0flS Afl0

. bONDFORPAYMENTOFRETROSPECTIVEPREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item 1 of the Occlarations are' named insureds under the Master Policy -

Nuclear Energy Liability Insurance (Secondary Financial Protection),herein

. called the " Master Policy", issued by Nuclear Energy Liability Insurance Association.

Such insurance as is provided by the Master Policy applies, through this certificate, only: -

(a) to the _ insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations,

  • (c) to bodily injury or property damage (1) with respect to which the primary financial protection' described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item
  • 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item '

3 of the 'Occlarations, and '

NSFC-1(1/1/83)

Pane 1

x (3) which is ' discovered and for which written claim is made against the _ insured not later than ten years after the end 5

of the certificate period stated in Item 6'of the Declarations.

Howeiter, with respect to bodily injury or property damage

, caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate torbar coverage for bodily infury or _

property damage which is discovered and for which written claim is made against the insured not la'ter than twenty years

.' af ter the date of the extraordinary nuclear occurrence.

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Declarations Item 1. Named insureds and addresses:

(a)CommonwealthEdisonCompany,P.O. Box 767, Chicago, Illinois 60690 (b)- .

Item 2. Additional insureds:

Any other person or organization who would be insured under the primary financial pro'tection identified in Item k of the Declarations l

but for exhaustion of the limit of liability of such primary financial protection.

.. Item 3. Description and location of nuclear reactor: Unit 1 of the Braidwood Nuclear Station is located in Will County, Illinois, i Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:

,t'utlear Energy Liability Insurance Association's Polic' f itF- 294 - .. $124.000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- $ 36,000,000 Page 2 of Certificate flo. N .108 l

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(b) The following endorsements, attached to the primary

' financial protection policies listed in Item 4 (a) also apply to the' insurance afforded by the Master Policy through

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.this certificate as though they were attached hereto:

. (1)- Waiver of. Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) . The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:

No Exceptions Item 5.

Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6. Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Commission for the reactor described in Item 3 of this certificate becomes effective and continuing to the effective date i

and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.

Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear-incident: $3,875,000.

Item 8. Portion of the annual premium payable for the companies' contingent liability described in Conclition 4 of the Master policy from the -

effective date hereof to the end of calendar year 1985 : The ~

pro rata portion of $4,650 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs.

Page 3 of Certificate No. N 108

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' B0i(D FOR PAYMENT OF RETROSPECTIVE PREF!!UMS o

Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described ;n the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy 1.iability Insuranco Association subscribing the Master Policy (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from.the date pay-f ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retr'o-spective premiums and allowances for premium taxes due and payable or other evidence of such amountis due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; x

And it is further expressly agreed that the named insureds will indemnify the companies against any'and all . liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, an,d counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) sin enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy rela' ting to such, covenant's or provisions; ,

For the purpose of recording this agreement, a photocopy acknowledged before a flotary Public to be a true copy hereof shall be regarded as an original.

y Face 4 of Certificate No. N-lob m.

The preceding Certificate of Insurance, Declarations and Bond form a part of. the Master Policy.

Cancellation or termination of the Master Policy or-the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums

. and allowances for. premium taxes, as provided in this Certificate and Condition. 2 of the Master Policy.

IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed.and scaled by a duly authorized officer, to be effective as of the time and date of the inception of the Certificate period.

Attest or Witness Named Insureds:

cnmmnnwealth Edison Company

.(itamed Insured - Type or Print)

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By  :

(SEAL)

, [ ' (' Signa $urNf Officer)

Harlan M. Dellsy, Staff Counsel (Type or Print flame & Title of Officer)

Date: November 12, 1985

. (Named Insured'- Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Officer)

Date:

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(llamed Insured - Type or Print) ,

By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Officer)

Date:

Pane 5 of Certificate fio.ft-10_88

q-Ill WITflESS WHERE0F, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of fluclear Energy Liability Insurance Association to be effective as of. the time and date of the inception of the Certificate period, and countersigned below by a duly authorized representa tive.

Attest or Witness For the Subscribing Companies of r,

NUCLEAR ENERGY LIABILITY INSURAtlCE ASSOCIATIO

-. I / / _ _'"A BY: I

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Buri C. Proom, President-M A R S H C: M LENMAN AGENO'/, INO.

BY '

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Countersigned by (Authpzed Representative)

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. Page 6 of Certificate No. N- 108

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MUTUAL ATOMIC EllERGY LIABILITY UtIDERWRITERS i >

INSON N)CLNilfi1NA'l th$19 A'lRUE F COPi N THE Dh!bihn h414!CAfR UEAPING THE NUMBER DESIGNATED HERECN, F0F. Certificate flo. M- 108 W2ph;E @0VEF!dE triCEi; THE M ASTEPjj 0UCY NUCtf>Jt EklMiY U* MWt i+2tfRAff:E 13ECO*;DMiY f!NA'ff At NIEC7mm. No Forming Part of Master hi m a ;a u re m g ( g ( gg - -

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'v9.%rri Ribub31)lYDldlA N Jdi uwNCAN NUCa.fAR WSUBfRS CERTIFICATE OF. (,tiSURAtlCE DECLARATI0tts AtID B0!!D FOR PAYMEf(T OF RETROSPECTIVE PREMIUMS

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Certificate of Insurance This is to certify that the persons and organizations designated in Item 1

_of the Declarations are named insureds under the Master Policy -

t{uclear Energy Liability Insurance (Secondary Financial Protectica),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters.

Such insurance as is provided by the Master Policy applies, through this certificate, only:

' (a ) to the _ insureds identified in Items 1 and 2 of the Declarations, (b) ~fer the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition

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6 of the Master Policy, and (2) which is caused during the certificate period stated in item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in item 3 of the Declarations, and ilSfC-1 (1/1/83)' Page I l

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-(3) _ which is discovered and for which written cla e - against the insured not_ later than ten years af ter the end of the certificate period stated in Item 6 of .the Declarations .

L 1towever. with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this9 subpar $ rap (3) shall not operate to bar coverage for bodily injury or

. property damage _ which is discovered and for which written claim.is made against the insured n ~ ot later than twenty years t

af ter the date of the extraordinary ' nucle'a'r occurrence.

Declara tions Item 1.

flamed ' insure'ds and addresses: .

(a) Commonwealth Edison Company, P.O., Box -767, Chicago, Illinois 60690 (b) .

Item 2.*, Additional _ insureds: .

Any other person or organization who would be insured under the-primary financial protection identified in Item 4 of the Declaratio ns but for exhaustion of the limit of liability of such primary financial

. . protection.- _

Item ~3. .

Description and location of nuclear' reactor:

Station is located in Will County, Illinois. Unit i of the Braidwood Nuclear '

Item 4. (a)

Identification of primary financial protection [ applicable to the 'nucicar reactor and limit (s) of liability thereof:

- ttuclear Energy Liability Insurance Association's Policy itF-294 '

$124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF-

$36.000.000 2

Page 2 of Certificate flo. M-108

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(b) . :ine' folloviing endorsement!., a ttai ned to tht pr_iintry, financial, protection policies listed in Item 4 (a) also apply to the insurance af forded by the Master Policy through this certificate as though they were attached hereto:

(1) Waiver of Defenses Endorsement ([xtr iaordinary thsclear Occurrence) and (2) Suppicmentary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primar_y. financial protection specified in Item 4 (a) above are not shared with

- any other reactor except as follows:

No Exceptions Item 5. Limits of Liability: 'The amount of retrospective premium actually _

received by the companies plus- the amount of the companies' contingent-s liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6. Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Commission for the reactor described in Item 3 of this

. certificate becomes effective and continuing to the effective date and_ time of cancellation or tennination of the Master Policy or this

' certificate, whichever first occurs, eastern standard time.

Item 7. Maximum retro' s pective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Mast'er Policy with respect to each nuclear incident: $1,125,000

-Item 8. -Portion'of the annual premium payable for the companies' contingent liability described in Condition 4 of the Master Policy from the .

effective date hereof to the end of calendar year 1985 : The pro rata portion of $1,350.00 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs.

Page 3 of Certificata No. M- 108

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COND FOR PAYMEllT OF RETROSPECTIVE PREMlUMS

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Know All lien By These Presents, that the undersigned do hereby acknowledge that .they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual ,

Atanic Energy. Liability Underwriters subscribing the Master Policy (here-inaf ter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured

. as provided in Condition 2 of the Master Policy until paid;

~And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of tiie failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

Page 4 of Certificate 110. M-108

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The-preceding ' Certificate of insurance Occiarations and Bond fonn a part of. the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under o.ie policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

.IN WITilESS WilEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and scaled by a duly authorized officer, to be effective as of the time and date of the inception of the Certificate period. -

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Attest or Witness flamed Insureds:

Commonwealth Edison Company (flamed Insure / - -Type or Print) xL /, By/ s (SEAL)

[ (SigndtuhfOfficer)

Harlan M. Dellsy, Staf f Counsel (Type or Print flame & Title of Officer)

Date: November 12, 1985 (flamed Insured - Type or Print)

By (SEAL)

(Signature of'0fficer)

(Type or Print flame & Title of Officer)

Date:

(flamed Insured - Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Officer)

Date:

Page 5 of Certificate flo. M-108

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' Ill WITilESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by fiutual Atomic Energy Liability Underwriters to be effective as of the time and date of the inception of the Certificate period, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC Ef1ERGY LIABILITY UllDERWRIT

'A '

_BY: s -k .

Atkhorized A e "

rdARSH & f4cLENNAN AGENCTperit' T

, . INc, Countersigned b d 2 -,_ , ./O d / /.

@liorF YepteigRtit1Wy// '

Subscribing Companies -

PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI -

5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 Page 6 of Certificate fio. B-108

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