ML20245C908
| ML20245C908 | |
| Person / Time | |
|---|---|
| Site: | Browns Ferry, Sequoyah, 05000000 |
| Issue date: | 04/11/1989 |
| From: | Samuels J MARSH & MCLENNAN, INC. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8904280016 | |
| Download: ML20245C908 (29) | |
Text
_ _ _ - __ - _ ._ . _ . _
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.. Varsh& -
'fi
. s-glennan (
Marsh & McLennan Nuclear -
2121 San Jacinto Street 1300 San Jacinto Tower Dallas, lexas 75201 Telephone 214 979-9900 April 11, 1989 Mr. Ira Dinitz Senior Insurance Indemnity Analyst Office of Nuclear Reactor Regulation Mail Stop 12E4 1 U.S. Nuclear, Regulatory Commission Washington, D.C. 20555 RE: Tennessee Valley Authority Nuclear Liability Insurance
Dear Mr..Dinitz:
Enclosed are the following policy endorsements:
Facility Policy / Certificate Endorsement Browns-Ferry NF-198 106,107 MF-66 92,93 N-38 11 M-38 11 ,
N-39 11 !
M-39 11-N-40 11 M-40 11 Sequoyah .NF-247 71,72 MF-102 63,64 N-66 11 M-66 11 N-75 10 M-75 10 Please call with any questions.
Regar s, y John L. Samuels Assistant Vice President JLS/ss cc: D. Marks - TVA J. Collins'- M&M Atlanta 8904280016 890411 '
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PDR ADOCK 05000259 l
t PDC
o NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY L'I ABILIT1 UNDERWRITERS ADVANCE PREM!UM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1989
.?I
{$ It is agreed that Items 1 and 2 of Endorsement No. 60
$j are amended to read:
- 1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above 2
- is: $ 211,607.00 .
E
- $ af bo *h aj dE y "di9 :
(Oe}
- 2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of hin the Advance Premium indicated above, it is agreed u
y y s. a change a-
~
S $
e that, subject to the provisions of the Industry Credit Rating
.J .
j2 uyf j Plan, the Standard Premium is said Advance Premium and the Reserve Premium is: $ 160.146.00 .
Additional Premium: $11,891.00 .
Effective Date of this' Endorsement January 1. 1989 To forin a part of Policy No. MF-102 12:01 A.it. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28, 1989 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS By .A A - ,~_ _VA: ,
Endorsement No. 64 Countersigned by hkA J V / wo-AuhhorizeT Represen'tative '
i'
~
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Increase of Limit of Liability Endorsement It is agreed that:
- 1. The limit of liability stated in Item 4 of the declarations of 3.89 the policy is amended to read $45,000,000,00 . This
@2 amended limit applies with respect to obligations assumed or
,lu.g expenses incurred because of bodily injury or property damage 6 @$
'5 0c caused during the period from the effective date of this endorsement to the date of termination of the policy, by the g -
nuclear energy hazard.
"E f N@
a go 2 2. The limit of liability stated in Item 4 of the declarations and the amended limit of liability stated in paragraph 1 above jg shall not be cumulative, and each payment made by the 1y .
companies after the effective date of this endorsement for y,jhg g , any loss or expense covered by the policy shall reduce by the pgjzj y amount of such payment both the limit of liability stated in g.cggj, ti 5 y E y Item 4 of the declarations and the amended limit of liability stated in paragraph 1 above, regardless of which limit of S$25 liability applies with respect to the bodily injury or property 20<3 4a
- damage out of which such loss or expense arises.
.g F d.i 's .S >
Effective Date of To fann a part this Endorsement March 27, 1989 af Pohey No. MF-102 12:01 A.M. Standard Time Issued to Tennessee Vallev AuthoH tv Date of Issu, March 28, 1989 For the Subscribing Companies MUh
~
UAL ATOMIC c ENERGY a LIABILIT l UNDERWRITER gy '-s N v,/$ v- -- v2m Endorsement No. 63 Countersigned by L % AtTwoazzao RarassenAms ME-12
**~i:'
Nucl:ar Energy Lilbility Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1989 k It is agreed that Items 1 and 2 of Endorsement No. 68
$ are amended to read:
E
- 1. ADVANCE PREMIUM: It is agreed that the Advance Et
-$lS u >l E Premium due the companies for the period designated above t 35$ is: $ 728,867.00 .
h 5 A .e 2. n #v STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of 5 g3B2$ a change in the Advance Premium indicated above, it is agreed
;l- E A .$ e that, subject to the provisions of the Industry Credit Rating
_g2u t. k$d c 6N j .= Plan, the Standard Premium is said Advance Premium and the 8a U _S $ o$*$$
~ Reserve Premium is: $ 551,614.00 .
0 b
; 4.j . , Additional Premium: $40,956.00 . # d t .D 4<
Effective Date of this Endorsercent January 1,1989 To form a part of Policy No NF-247 12:01 A.M. Standard Time
-Issund to Tennessee Valley Authority Date of Issue fiarch 27, 1989 For the Subscribing companies By W- -
//
Endorsement No 72 countersigned by NE 36 l
j
. Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION 1
l INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase) It is agreed that:
- 1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement (s) listed below is further amended to read $ 155,000,000.00 ; but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of-liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
- 2. The increase in the limit of liability provided by this endorsement applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
- 3. The original limit of liability stated in Item 4 of the declarations, the limit (s) of liability stated in the Increase of Limit of Liability Endorsement (s) listed below and the amended limit of liability stated in paragraph I above shall not be cumulative; and each payment made by the cocanies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those limits of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.
Previous Increase of Limit of Liability Endorsement (s) Endorsement No. Ts)h js tq4ertify that this is a tme copy of the orenal Endorsernent having the endorsernent nurnber and being rnade part of the Nuclear Enagy Liabihty Pohcy (Facility Form) as des-ignatn hereon. No Insurance is afford < hereunder. John L T a n Re Effeetive Date of Amerun . har insur this Endorsement March 27, 1989 NI-247 To form a part of Policy No 12:01 A.M. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28, 1989 For the subscribing companies By O A , PRESID NT // Endorsement No 71 Countersigned by * * ( NE-12A (1/1/81)
1 l
\
i Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-66 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) l Ef fective_ _ March 27, 1989 ,it is agreed that !
- 1. Item 4.
of this certificate is amended to read as follows: Item 4. (a) Identification of primarv financial nrotection r; g fj applicable to of liability thereof: the nuclear reactor and limit (s) 1 (W 5 o 8 h.m9 ll3 f, (1) Facility Form Policies ggM ? (i) Nuclear Energy Liability Insurance w@ p Association's Policy NF-247 iE5 8 $155,000,000 ' g[ E E3 (ii) Mutual Atomic Energy Liability under-writers' Policy MF- 102 A $ 45,000,000' w_ (2) Master Worker
~
Policies (Facility Worker N'$2C8 25a Form) Es n (i) Nuclear Energy Liability Insurance
~,; 7 $ F Association's Master Worker Policy EZE @b E
NMWP-1
$124,000,000
[$j$w S $h (ii) Mutual Atomic Underwriters' Energy Liability
$ I Master Worker Policy
>$wBM.o$3 z omg g MMWP-1
$ 36,000,000
$5 j (b) The following I,E o %
j z !$ endorsements attached to the dgOg $$ Facility (a) (1) above Form policies identified in subsection also apply R$9 !32 afforded by this Master Policy through to the insurance this z Ey certificate as though they were attached hereto: O E N @> 9 k u9 iS E D G -J E 6,d$ d (1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and '. (2) Supplementary Endorsement - Waiver of Defenses - Facility. Reactor Construction at the (c) Sharing of limit (s) of liability provided under the crimary financial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection nuclear reac(a) (1) above is shared among all in Item 3 tors on the location described of the Declarations of such policy. { l i _ _ - - - - - - - - - - - . . J
. 1 (2) Tha limit of liability provided under each Master Worker Policy (Facility Worker Form) ,
identified in subsection (a) (2) above is shared among all insureds under all Certificates of Insurance part of the Master Worker Policies. issued to be a 2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6 PRIMARY FINANCIAL Insurance Liability PROTECTION of the Master Policy - Nuclear Energy (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of primarv financial nrotection applicable to a nuclear incident, the limit of (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this , certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid } under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or ' (ii) two hundred million dollars; other than this certificate or a 4 (2) a certificate, certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of l (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of Effective Date of all Limitautomatic under such reinstatements policies. of the Policy Aggregate this Endorsement March 27, 1989 To form a part of of certificate No, M-66 Issued to 12:01 A.M. Standard Time Tennessee Valley Authority Date of Issue March 28, 1989 For the Subscribing Companies l MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS By
- s Endorsement No. 11 Countersigned by )%
Authorized Representative
e t Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-75 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) Effective March 27, 1989 ,it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: Item 4. (a) Identification of Drimarv financial protection
, y applicable to the nuclear reactor and limit (s) of liability thereof:
a g 5 (1) Facility Form Policies z m6
$2 85@ a (i) Nuclear Energy Liability Insurance 6258 Association's Policy NF- 247 tuh $155,000,00'O b y j. r (ii) Mutual Atomic Energy Liability Under-cio O@
writers' Policy MF- 102
$ I $ 45,000,000, 85 cr 6 (2) Master Worker s5Q Form)
Policies (Facility Worker pagzg I
<$w (1) Nuclear Energy Liability Insurance e9j$q[q Association's Master Worker Policy b NMWP-1
<f? g g g F $g $124,000,000 (ii) Mutual Atomic Energy Liability Cwagh c gg Underwriters' Master Worker Policy QEag, gR MMWP-1 $ 36,000,000 Iom a :E w 2 hI k'$ 'O S g N ?A (b) The following endorsements attached to the y& Facility Form policies identified in subsection
* " d B vf
$yws 8 0%
it. nr [ d (a) (1) above also apply to the insurance [y' y[g afforded by this Master Policy through this g h certificate as though they were attached hereto: b hy (1) Waiver of Defenses
'- U ' " *: '" Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement -
Waiver of Defenses - Reactor Construction at the Facility. (c) Sharing of limit (s) of liability provided under the Drimarv financial Drotection. (1) The limit of liability provided under each Facility Form policy identified in l l subsection (a) (1) above is shared among all nuclear in Item reactors 3 on the location described of the Declarations of such policy. - _ _ _ _ _ _ _ _ _ - _ - - _ _ _ _ - ._ - . - - -- - J
(2) The limit of liability providad under each Master Worker Policy (Facility Worker Fo m) identified shared in subsection
.among (a) (2) above is all insureds under all Certificates part of Insurance of the Master Worker Policies. issued to be a !
2. Onlywithrespecttosuchinsuranceash.saffordedunderthis certificate, the first paragraph of Condition 6, PRIMARY FINANCIALInsurance Liability PROTECTION of the Master Policy - Nuclear Energy (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of crimarv 1 financial limit of erotection applicable to a nuclear incident, the l (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate or a certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under such reinstatements policies. of the Policy Aggregate Effective Date of this Endorsement March 27,1989 To form a part of of Certificate No. M-75 Issued to 12:01 A.M. Standard Time Tennessee Valley Authority Date of Issue March 28, 1989 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS By
- A (
Endorsement No. 10 Countersigned by % Authorized Representative l l
' Nuclear Energy Liability in:urance . NUCLEAR ENERGY LIATILITY INSURANCE A!SOCIATION ENDORSEMENT TO CERTIFICATE NO. N-75 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
Effective March 27. 1989 , it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: Item 4. (a) Identification of primary financial orotection applicable to the nuclear reactor and limit (s) of liability thereof: (1) Facility Form Policies G (i) Nuclear Energy
@ Liability Insurance Association's Policy NF-247 p g50 $155,000,000 5m 2 5
(ii) Mutual Atomic Energy Liability Under-
@ z-w8 gw writers' Policy MF- 102
$ 45,000,000 i[E B $
>- S (2) Master Worker Policies (Facility Worker Form) pO . .
(i) Nuclear Energy Liability Insurance' gh4z D E Association's Master Worker Policy NMWP-1 2C $124,000,000 "gd (ii) Mutual Atomic Energy Liability Underwriters' Master Worker Policy h2"E1gS6@i $$ rw MMWP-1 $ 36,000,000 x wo b (b) The following endorsements attached to the
!e
[.[$E ,p GEE Facility Form policies identified in subsection (a) (1) above also apply LJ1)g r g to the insurance _ rgg afforded by this Master Policy through this
-} certificate as though they were attached hereto:
d"6"?" eE@f @ g n. g@$ o (1) Waiver of Defenses Endorsement z M 5 5$ T 3 $ j9E (Extraordinary Nuclear Occurrence) and HUE J~E '# (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility. (c) Sharing of limit (s) of liability provided under the crimarv financial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear in Item reactors 3 of the on the location described Declarations of such policy.
(2) Tha limit of liability provid:d undar each l Mnster Worker Policy (Facility Worktr Form) identified in subsection (a) (2) above is shared among all insureds under all part of the Master Worker Policies. to be a Certificates of Insurance issued 2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of primary ' financial limit of nrotection applicable to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate endorsement similar or any other certificate _ having an to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate or a, certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid (i) under said policies are equal to the lesser of the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when policies are equal to the lesser of the sums paid under said (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under suchreinstatements policies. of the Policy Aggregate Effsetive Date of this Endorsement March 27, 1989 To form a part of of Certificate No. N-75 Issued to 12:01 A.M. Standard Time Tennessee Vallev Authority Date of Issue March 28. 1989 For the Su ribing Companies By General Manager Endorsement No. 10
- countersigned by 1
Nullear Energy LI:bility insurance NUCLEAR ENER3Y LIA:lLITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-66 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) Effective March 27, 1989 , it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: Item 4. (a) Identification
> of primarv financial orotection
@ applicable of liability thereof:
to the nuclear reactor and limit (s)
- d QE a
Oj p (1) Facility Form Policies (1) Nuclear O Energy Liability Insurance Association's Policy NF- 247
%o h gi u_ fg $155,000,000 O
g (ii) Mutual Atomic Energy Liability Under-a writers' Policy MF- 102 8 $ 45,000,000
$*my .
(2) Master Worker Policies (Facility Worker
$<5@m$ Form) 50$hg < e (i) Nuclear Energy Liability Insurance, 52S5O EE Association's Master Worker Policy Ew NMWP-1 $124,000,000 !E E;@) 8 $E (ii) Mutual Atomic "A w _$ Energy Liability 6 hp
- Q g$ Underwriters' MMWP-1 Master Worker Policy
$ 36,000,000 hh. h (b) The following endorsements b uf u 8 !O -8@ attached to the o !E F; S 'j gz Facility Form policies identified in subsection (a) (1) above also apply to the insurance $!$$ 5 Jgd afforded by this Master Policy through this ~,;
k $[i $ s$ dNE s E w $ 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) Sharing of limit (s) of liability provided under the primarv financial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear in Item reactors 3 of the on the location described Declarations of such policy.
(2) The limit of liability providad undar cach Master Worksr Policy (Facility Worker Form) identified in subsection shared above is among all insure ds (a) (2) under all Certificates part of Insurance of the Master issued to be a Worker Policies. 2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of Drimary financial limit of orotection applicable to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this _ certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate or a' certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all auuomatic reinstatements of the Policy Aggregate Limit under such policies. I Effoetive Date of this Endorsement To form a part of March 27, 1989 12:01 A.M. Standard Time of Certificate No. N-66 Issusd to Tennessee Valley Authority l l D:ta of Issue March 28. 1989 For the Su ribing Companies ! l By I ~
'~
cener.t x.na,er E eerseme No. 11 c _ ,e,si,,e, ,, .s. W L. _ _ _ _ - . - _ _ _ _
I '
' Nrclear Energy Liability insurance NUCLEAR ENER2Y LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-40 Forming Part of Master Policy No. 1 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
Effective March 27, 1989 , it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: Itegt 4. (a) Identification of Drimary financial orotection
$ <//)
a $ '// applicable to the nuclear reactor and limit (s) of liability thereof: yg5g 5
@Em 2 (1) Facility Form Policies
$g g (i) Nuclear Energy wM p Liability Insurance E6 8 Association's Policy NF-198
$*og (ii) Mutual Atomic Energy Liability Under-
$155,000,000 g hyo- writers' Policy MF-66 og $
$ 45,000,000 w
g ay @ 2Il (y , (2) Master Worker Policies Form) (Facility Worker NE$. (i) Nuclear Energy Liability 53"# '@g Association's Master Worker Policy Insurance' E[ EEa NMWP-1 gg yaw Q
- i: $ g (ii) Mutual Atomic Energy
$124,000,000 Liability c Underwriters' Master Worker Policy E2fjf*8@b t
E! MMWP-1 $ 36,000,000
"$oo$ $g ~y 7, # g@
._ z (b) The following endorsements attached to the
$$is }j '
lIld Facility Form policies identified in subsection 50 (a) (1) above also apply to the insurance yf @ [p g e-j yh ij y,EE y afforded by this Master Policy through this rouse ,>< 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) Sharing of limit (s) of liability provided under the crimarv financial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear in Item reactors 3 of the on the location described Declarations of such policy. I
(2) Tha limit of liability provid:d undar cuch Mastar Worker Policy (Facility Worker Form) identified in subsection (a) (2) above is shared among all insureds under all part of the Master Worker Policies. to be a Certificates of Insurance issued 2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6, PRIMARY FINANCIALInsurance Liability PROTECTION of the Master Policy - Nuclear Energy (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of primary financial limit of nrotection applicable to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate or a' ( certificate which has a provision identical to (a) (1) above, shall be deer:d to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under suchreinstatements policies. of the Policy Aggregate Eff3ctive Date of this Endorsement March 27, 1989 To form a part of of Certificate No. N-40 Issued to 12:01 A.M. Standard Time Tennessee Valley Authority Dr.t3 of Issue March 28, 1989 For the Su ribing Companies By General Manager Endorsement No. 11 Countersigned by
r Nxclear Energy Liability in:urance NUCLEAR ENER2Y LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO' CERTIFICATE NO. _ N-39 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Finat:cial Protection) Effective March 27, 1989 , it is agreed that g 1. Itdm 4. of this certificate is amended to read as follows:
- d Item 4. (a) Identification Nzg gj applicable to the of crimarv financial orotection nuclear reactor and limit (s) of liability thereof:
h (1) Facility Fcrm Policies g@Ip@ g5 (i) Nuclear Energy Liability Insurance Ep Association's Policy NF-198 e ~
$155,000,000
$ (ii) Mutual Atomic Energy Liability Under-5@ sh( ) writers' Policy MF-66
< 5 us g ! $ 45,000,000 9$5< L o (2) Master Worker
$S50 p $@ Policies (Facility Worker D
*Sb gg Form)
(i) Nuclear Energy Liability Insurar.ce,
$[ gp Association's Master Worker Policy oa - NMWP-1 t $124,000,000
$m$5b z g tu g iM,8 * $
$ TUE d (ii) Mutual Atomic Underwriters' Energy Liability Master Worker Policy a uf0 9E o@ MMWP-1 $ 36,000,000 Sbh b Z
@i$
m m 7t W JE (b) The following endorsements attached U E $ h k, j g 5 Facility Form policies identified in subsection to the gdyn ag3 (a) (1) above also apply to the insurance afforded by this Master Policy through this certificate as though.they were attached hereto: (1) Waiver of Defenses Endorsement s (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses Reactor Construction at the Facility. (c) Sharing of limit (s) of liability provided under the crimarv firancial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuc19ar in Item reactors on the location described policy. 3 of the Declarations of such I
(2) Tha limit of licbility provid:d under orch Mnstar Worker Policy (Facility Worker Form) identified in subsection shared among all insure ds above is (a) (2) under all Certificates part of Insurance of the Master issued to be a Worker Policies. 2. Only with respect certificate, to such insurance as is afforded under this the first paragraph of Condition 6, PRIMARY FINANCIAL Insurance Liability PROTECTION of the )! aster Policy - Nuclear Energy (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of Drimary financial limit of orotection applicy.te to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser oz (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a s.grti ficate, ot'ser than this certificate er a' certifierM which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid undor said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under such reinstatements policies. of the Policy Aggregate " Effective Date of this Endorsement March 27, 1989 To form a part of of Certificate No. N-39 Issusd to 12:01 A.M. Stardard Time Tennessee Valley Authority Dcto of Issue March 28, 1989 For the Su ribing Companies By _ Ceneral Manager Endorsement No, 11 Countersigned by l
N clear Energy Liebility in urJnce NUCLEAR ENERSY LIA%ILITY INSURANCE ASSOCIATION ! ENDORSEMENT TO CERTIFICATE No. N-38 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) Effective March 27, 1989 , it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: E- Item 4. (a) Identification of primarv financial protection y 6 g 8' applicable to the nuclear reactor and limit (s) of liability thereof: 9 u- $". 88 $ (1) Facility Forn Pclicies {gx 5
@ (i) Nuclear 2nergy Liability Association's Policy NF-198 Insurance o g rc
- Fha I $155,000,000 (ii) Mutual Atemic Energy Liability Under-S gI w m 2 writers' Policy MF- 66
$ 45,000,000 gw fN E (2) Master Worker Policies e@dkT e Form)
(Facility Worker 9@g@b E bg (i) Nuclear Energy Liability Insurance' 5m@8* c-Association's Master Worker Policy
$$3 b3 NMWP-1
$ @ $w g@3 f ~EE $124,000,000 (ii) Mutual Atomic Energy Liability gd M$f tif l Underwriters' Master Worker Policy d MMWP-1 $ 36,000,000 0 $ @6 "d 3d oyF2 p (b) The following endorsements
;- en _;gjh Facility Form attached policies identified in subsection to the
,; p G, y E g (a) (1) above ig")gy?[hg also apply afforded by this Master Policy through to the insurance this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement l (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver Defenses of Reactor Construction at the Facility. (c) Sharing of limit (s) of liability provided under the primarv financial erotection. l (1) The li!ait of liability provided under each Facility Form policy identified in I subsection (a) (1) above is shared among all l nuclear in Item reactors 3 of the on the location described policy. Declarations of such
1 (2) The limit of liability provided under cach Master Workar Policy (Facility Worker Form) identified in subsection shared above is among all insure (a) ds (2) under all Certificates of Insurance issued to be a part of the Master Worker Policies. 2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy Liability Insurance (Secondary Nuclear Energy Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of crimary financial limit of nrotection applicable to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate er a' certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under suchreinstatements policies. of the Policy Aggregate 2 Effective Date of To form a part of this Endorsement March 27. 1989 of Certificate No. N-38 12:01 A.M. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28. 1989 For the Su ribing Companies By _ General Manager Endorsement No. 11 Countersigned by
4 e Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-40 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) Effective March 27, 1989 ,it is agreed that a
}1.
n Ite 4. of this certificate is amended to read as follows:
$ c En Item 4. (a) Identification 58"@a of crimarv financial orotection By $ applicable to of liability thereof:
the nuclear reactor and limit (s) E
- ti
- h !" (1) Facility Form Policies I$c9@ (i) Nuclear Energy tyyb Liability Association's Policy NF-198 Insurance 8g s7 mg $155,000,000 (ii) Mutual Atomic Energy Liability Under-Eoj[L
[$m writers' Policy MF-66
$ 45,000,000
$$ (2) Master Worker ECa8 bh Form)
Policies (Facility Worker yh5$ j@ (i) Nuclear Energy Liability Insurance E *g g gy , p;eu g *K Association's Master Worker Policy g b< oh! NMWP-1 p $124,000,000
$ *. 8 3 < . *f ,2 b (ii) Mutual Atomic Energy Liability Underwriters'
$ { pj >s f s az
' of@M
(.c E$ MMWP-1 Master Worker Policy
$ 36,000,000
!2 h $ E Ni (b) The following endorsements E@$L d E..S r- O ' ' ' ~' # " Facility Form policies attached identified in to subsectionthe (a) (1) above also apply to the insurance afforded by this Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses 1 Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement Defenses - Waiver of Facility. Reactor Construction at the (c) Sharing of limit (s) of liability pr3vided under the primary financial orotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear in Item reactors 3 on the location described of the policy. Declarations of such
' (2) Tha limit of liability provided under each Master Worker Policy (Facility Worker Form) identified in subsection (a) (2) above is shared auong all insureds under all Certificates of Insurance issued to be a part of the Master Worker Policies.
2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protectior., , is amended to read as follows: Regardless of the number of policies or contracts of crimarv financial orotection applicable to a nuclear incident, the limit of (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or ' i (ii) two hundred million dollars; l (2) a certificate, other than this certificate or a certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a; (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic Limit under such reinstatements policies. of the Policy Aggregate Effective Date of this Endorsement March 27, 1989 To form a part of of Certificate No. M-40 12:01 A.M. Standard Time Issued to_ Tennessee Vallev Authority Date of Issue March 28, 1989 For the Subscribing Companies 1 MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS By
- l Endorsement No. Il Countersigned by Authorized Representative
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 1 i ENDORSEMENT TO CERTIFICATE NO. M-39 i Forming Part of Master Policy lio. 1 ! Nuclear Energy Liability Insurance (Secondary Financial Protection) Effective March 27.1989 ,it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: o Item 4. (a) Identification
.Yhi g z' g applicable of nrimary financial orotection to the nuclear reactor and limit (s) of liability thereof:
wS P
$$ 8 (1) Facility F.orm Policies
[h ad y k (i) Nuclear Energy Liability Insurance 54 Association's Policy NF-198 GF6 $155,000,000 m
;)h<gm. ' (ii) Mutual Atomic Energy Liability Under-E 2 II j. writers' Policy MF- 66
$ 45,000,000.
[$ gEE 5 e yg tg (2) Master Fore) Worker Policies (Facility Worker
% w h36Ma sE $g (i) Nuclear Energy Liability Insurance fewE E y9 8 g E6? Association's Master Worker Policy NMWP-1 $124,000,000
{$m$ y.c 085"i (ii) ""*"" ^* "i ""ar5Y 'iabi itv ONgw*Le8 $$Z Underwriters' MMWP-1 Master Worker Policy
$ 36,000,000 S$85 9 10 5 OEnge jEy (b) The following endorsements attached to the
;y$M$8
-oE3E ,><gyW Facility Form policies identified in subsection (a) (1) above also apply to the insurance afforded by this Master Policy through this certificate as though tney were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility. (c) Sharing of limit (s) of liability provided under the primary financial nrotection. (1) The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear reactors, on the location described in Item 3 of the Declarations of such policy.
1
. I i
(2) Tha limit of liability provided under each Master Worker Policy (Facility Worker Form) identified in subsection shared above is } among all insure (a)ds (2)under all Certificates part of Insurance of the Master issued to be a Worker Policies. 2. Only with respect to such insurance as is afforded under this l certificate, the first paragraph of Condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy Liability Insurance Nuclear Energy (Secondary Financial Protection), is amended to read as follows: Regardless of the number of policies or contracts of primary financial limit of orotection applicable to a nuclear incident, the (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are egaal to the lesser of (i) the sum of the limit of liability under all such policies, or ' (ii) two hundred million dollars; (2) a certificate, certificate whichother has a than provisionthisidentical certificate to (a)or a (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of Effective Date of all automatic Limit under such reinstatements policies. of the Policy Aggregate this Endorsement March 27, 1989 To form a part of of certificate No. M-39 Issued to 12:01 A.M. Standard Time Tennessee Valley Authority Date of Issue March 28, 1989 For the Subscribing Companies HUTUAL ATOMIC ENERGY LIABILITY ERWRITERS By
- y -
Endorsement No. 11 Countersigned by Authorized Representative
E l 1
)
Nuclear Energy Liability Insurance i MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-38 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Seconfiary Financial Protection) Effective March 27, 1989 ,it is agreed that
- 1. Item 4.
of this certificate is amended to read as follows: l
;p E Item 4. (a) Identification of crimarv financial orotection E @
U g applicable to the nuclear reactor and limit (s) of liability thereof: 8 o y{ W 5 (1) Facility Form Policies (i) Nuclear Energy Liability f A h a Association's Policy NF- 198 Insurance 05 5 $155,000,000 (ii) Mutual Atomic Energy Liability Under-Eg 2 h writers ' Policy MF- 66
$ 45,000,000 . <6w[k" 9$5ff5 (2) Master Worker Policies (Facility Worker E$5@U $* Form) bWgg @h (i) Nuclear Energy Liability Insurance g5 #8 Association's Master Worker Policy F$*gw .5 h E NMWP-1 $124,000,000 t ozy (ii) Mutual Atomic Energy Liability 5 -
Underwriters' Master Worker Policy 0 8 . 8 MMWP-1 o ~ *' $ 36,000,000 Q~ Q(O gz Eh E' (b) The following endorsements attached to the
$ @g'5 " N $ $ :yd Facility Form policies identified in subsection s5 ~ '** (a)(1) above also apply to the insurance afforded by this Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses l Facility. Reactor Construction at the ' (c) Sharing of limit (s) of liability provided under the crimarv financial orotection. (1) The limit of liability provided under each Facility Form policy identified in I subsection (a) (1) above is shared among all nuclear in reactors on the location described Item 3 of the Declarations of such ! policy. j I
- -- a
I. l
,' (2) Ths limit of liability provided under each Master Worker Policy (Facility Worker Form) identified in subsection (a) (2) above is shared among all insureds i under a31 Certificates part of Insurance of the Master issued to be a Worker Policies. '
2. Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6, PRIMARY FINANCIAL PROTECTION of the Master Policy Liability Insurance (Secondary Nuclear Energy Financial Protection), is ' amended to read as follows: Regardless of the number of policies or contracts of p_rimary financial orotection applicable to a nap _ lear incident, the limit of (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the losser of (i) the sum of the limit of liability under all such policies, or ' (ii) two hundred million dollars; (2) a 8 certificate, other than this certificate or a certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified 1.n Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the ameant of Effective Date og all automatic Limit under such reinstatements policies. of the Policy Aggregate this Endorsement To form a part of March 27. 1989 of Certificate No, M-38 12:01 A.M. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28. 1989 For the Subscribing Companies MUTUAL ATOMIC ENERCY LIABILITY EkWRITERS By
- M N
Endorsement No. 11 Countersigned by Authorized Representative ___ __ m
f.. f I NUCLEAR ENERGY LIABILITY INSURANCE l 1 MUTUAL ATOMIC ENERP LIABILITY UNDERWRITERS ADVANCE PREMIUM AND d ANDARD PREMIUM ENDORSEMENT t
& CALENDAR YEAR 1989
~
j It is agreed that Items 1 and 2 of Endorsement No. 89 3,e. are amended to reed: a?"I
? 1. ADVANCE PREMIUM: It is agreed that the Advance als 8 Premium due the companies for the period designated above w
p p 3 3 is: $ 214,275.00 -.
* &=u 3 E g ,s . # 2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of 3' a change in the Advance Premium indicated above, it is agreec:
m .1 that, subject to the provisions of the Industry Credit Rating
]4g] . - Plan, the Standard Premium is said Advance Premium and the bE35 5< Reserve Premium is: $ 162,174.00 .
Additional Premium: $11,821.00 . Effective Date of this Endorsement January 1, 1989 To form a part of Policy No, MF-66 12 :01 A.11. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28, 1989 _ _ For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS By .W _-_Y_ _FA ~ Endorsement No. , 93 Countersigned by Authorized Representor.ive _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ - . _ _ _ 1
;* b Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS INGEASE OF LIMIT OF LIABILIT'/ INGSBE7r (After Prior increase)
It is agreed that:
- 1. The limit of the conpanies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liebility Endorsement (s) listed below is further amended to read $ 45,000,000.00 ; but in the event that any payments have heretofore Feen made by the companies for loss or expense covered by the policy, each of those limits of liability includinrr the limit of liability as amended by this endorsommt is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordarece with a Restoration of Limit of Liabi1ity Endorsement.
- 2. The increase in the limit of liability provided by this endorsement applies only w#th respect to obligations assumed or expenses incurred because of bodily injury or property damage caused, during the period from the effective date of this endorsement to the date of tennination of the policy, by the nuclear energy hazard.
- 3. 'Ihe original limit of liability stated in Item 4 of the declarations, the limit (s) of liability stated in the Increase of Limit of Liability Endorsement (s) listed below and the amended limit of liability stated in paragraph 1 above shall not be cinulative; and each payment made by the canpanies af ter the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those limits of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises. This is to certify that this is a tiue copy of the ongin8 Endorsen..nt having the endorsement number and being rrale pan
- Previous Increase of Limit dbl4 3alki411 y'Endohi!Neht!(4)(Facihty t Fonn as des.
ignated hereon. 8: Insurance is afforded hereunde kahn L Qua intchi, \ %b d Amerun Nuckar lanuren I Effective Date of To form a part I this Endorsement March 27. 1989 of Policy No 66
~
j 12:01 A.M. Standard Time j Tecued to Tennessee Vallev Authority i Date of Issue March 28. 1989 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By *M . s .. _ . Endorsement No 92 countersigned by Authorized Representative
, Nuclear Energy Lisility Insurance - J p
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION o-i l i ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT
^
CALENDAR YEAR 1989
}
- It is agreed thet Items 1 and 2 of Endorsement No. 103 are amended to read:
g 4.ug ho -Q k1. . ADVANCE PREMIUM: It is agreed that the Advance
%.Ek.8 h~g- Premium due the companies for the period designated above v
is: $ 738.060.00 . IS
- 2. STANDARD PREMIUM AND RESERVE PREMI'JM: In the absence of 3 @ g a change in the Advance Premium indicated above, it is agre9d 3 y.~ 's u.
d m that, subject to the provisions of the Industry Credit Rating i1.l o n Jz Plan, the Standard Premium is said Advance Premium and the
.$ -[
- v. ,
@3 Reserve Premium is: $ 558.600.00 .
A di t 5 k Additional Premium: $40,719.00 . Ef fective Date of this Endorsement January 1,1989 To form a part of Policy No NF-198 12:01 A.M. Standard Time Issued to lennessee Valley Authority Da*.e of Issue March 28, 1989 For the Subs 6ribing Companies j i By I' N-PRESIDENT Endorsement No 107 countersigned by NE-36 L-______--______-______-- . - - _ -
.s. ,
[ _ Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY IJSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILI'Y ENDORSEMENT (After Prior Increase) It is agreed that:
- 1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement (s) listed below is further amended to read $ 155,000,000.00 but in the event that any payments have heretofore been made by theTompan;ies for loss or expense covered by the policy, each of those limits of liaLility including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
- 2. The increase in the limit of liability provided by this endorsement applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused, during the period from the -
effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
- 3. The original limit of liability stated in Item 4 of the declarations, the limit (s) of liability stated in the Increase of Limit of Liability Endorsement (s) listed below and the amended limit of liability stated il paragraph I above shall not be cumulative; and each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those limits of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.
Previous Increase of g g ofc g agg ig jn,do,rsement{s 9g { l Endorsem j ,g dgemjj\ g havig the endorsement number and being Trale fart M Energy Liability Policy acility Form) as des-ignatec hereon. No Ins -anco
~
R nHor i d hereunder. John L artwhi. Vice FM&rd-Undm. m Anenm Nudce lasurers Effective Date of this Endorsement March 27, 1989 To form a part of Policy No NF-198 12:01 A.M. Standard Time Issued to Tennessee Valley Authority Date of Issue March 28, 1989 F r the subscribing companies i By 4 PRESIDENT Endorsement No 106 countersigned by NE-12A (1/1/81) I}}