Dept Feedback CrimeStoppers - Laserfiche WebLink

Home Browse Search

Coverage for acts of tenorism is not excluded from your policy. Horircver your policy does contain other exclusions wttich may be applicable, such as an exclusion for nuclear hazard. You are hereby notified that he Tenorism Risk lnsurance Act, as amended in 2019, defines an act of tenorism in Section 102(1) of the Act The term "act of tenorism" means any act trat is certified by the Secretary of he Treasury-in consultation wih he Secre- lary of Homeland Security, and tre Attorney General of the United Shtes-to be an act of tenorism; to be a violent act or an act trat is dangaous to human life, propedy, or infrastucture, to have resulted in damage within he United Shtes, or outside the United Shtes in the case of certain air caniers or vessels or the premises of a United Shtes mission; and to have been commil ted by an individual or individuals as part of an efiort to c,oerce the civilian population of the United States or to influence fte policy or afiect the conduct of he United States Govemment by coa- cion. Underthis policy, anycovered losss resulting from catified acts of tenorism maybe partially reimbursed by the United States Government under a formula established by the Tenorism Risk I nsu rance Act, as a mended. U nder ttre formula, the U n ited States Govanment genaally reimburses 8ff/o beginning on January 1, FE-6999 3 2020 of covered tenorism losses exceeding lhe stafutorilyeshb- lished deductible paid by the insurance company providing he coverage. The Tenorism Risk lnsurance Ac[ as amended, con- tains a $100 billion cap that limits U.S. Government reimburs+ ment asrlrellas insurers'liability for losses resulting from certified acts of tenorism wften he amount of such losses exceeds $100 billion in any one calendar year. lf the aggregate insured losses for all insurers exceed $100 billion, your coverage may be re duced. There is no separate premium charged to cover insured losses caused bytenorism. Your insurance policy establishes the coverage that exists for insured losses. This notice does not expand coverage beyond that described in your policy. THIS IS YOUR NOTIFICATION THAT UNDER THE TERROR- ISM RISK INSURANCE ACI AS AMENDED, ANY LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM UN- DER YOUR POLICY MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT AND MAY BE SUS JECT TO A $1OO BILLION CAP THAT MAY REDUCE YOUR COVERAGE @, Copyright, State Farm Mutual Automobile lnsurance Company, 2Q20