ML18078A649

Forwards Certified Endorsement 2 to Binder XB-60 (1979 Annual Premium Endorsement)

ML18078A649
Person / Time
Site:	Salem
Issue date:	01/12/1979
From:	Correa C MARSH & MCLENNAN, INC.
To:	Saltzman J Office of Nuclear Reactor Regulation
References
NUDOCS 7901170263
Download: ML18078A649 (3)

Text

1221 Avenue of the Americas New York, New Yor~20 Telephone 212 997-59 January 12, 1979 Mr. Jerome Saltzman Chief Offtce of Antitrust & Indemnity Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D. C. 20555 Public Service Electric &Gas Company Salem Nuclear Generating Station - Unit# 1 Secondary Fi"nancial Protection MAELU Binder No. XB-60, Endorsement No. 2

Dear Mr. Saltzman:

On behalf of PSE&G, enclosed are. two certified copies of Endorsement No. 2 to the above captioned policy. It ts the 1979 Annual Premium Endorsement.

Sincerely yours,

/1._,<-.~._.,.l.

• 1 .

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Constance Correa cc Enc.

cc: R. Griffiths A technical service of Marsh & Mclennan, Incorporated

MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS

- ) ANNUAL PREMIUM ENDORSEM&

2) SUBSCRIBH-:G COMPANIES AND THEIR PROPORTIONATE LIABILITY ENDORSEMENT Calendar Year 197 9

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $1, 350. 00.

2. It is agreed that with respect to (i) bodily injury or* property damage .

caused, during the effective period or this endorsement, by the radioactive, toxic, explosive or other hazardous properties of nuclear material, and (ii) contingent liability as provided in Condition 4 for excess incurred losses because retrospective premium due under one or more binders with respect to such bodily injury or property damage is not paid:

a. The word II companies II wherever used in the policy means the subscribing companies listed on the reverse side of

. this endorsement.

b. The policy shall be binding on such companies* only.

c. Each such company shall be lici'pl,e only ip:i*,.its,_prpportion designated next to its name of a?rt~otrffifcin\ih 1a'~slimed or expense incurred under the policy.

3. It is agreed that the effective period of this endorsement is from the beginning of the effective date of this endorsement stated below, to the close of December 31st of the Calendar Year designated in the caption above, or to the time of the termination or cancellation of the Draft Master Policy, or this binder, whichever first occurs, eastern standard time.

Effective Date of this Endorsement January 1, 1979 To form a part of Binder No. XB-60 12: 01 A.M. Standard Time Issued to Public Service Electric & Gas Company Date of Issue December 22, 1978 By Endorsement No. 2 Countersigned by

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Subscribing Companies PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Mutual Liability Insurance 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 This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY -

NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection) dated June 24, 1977. No insurance is afforded by this copy.

Mutual Atomic Energy Liability Underwriters