COVERAGESUMMARY
Exhibit 10(ll)
GROUP PERSONAL
EXCESS LIABILITY
POLICY
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| Chubb Group of Insurance Companies 15 Mountain View Road, Warren, New Jersey 07060 | Group Personal Excess Liability Policy |
COVERAGE SUMMARY
| Name and address of Insured | Policy Number (05) 7952-68-99 | |
| VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION 1840 CENTURY PARK EAST, 152/CC LOS ANGELES, CALIFORNIA 90067 | Issued by the stock insurance company indicated below, herein called the Company.
CHUBB CUSTOM INSURANCE COMPANY Incorporated under the laws of Delaware, herein called the Company. | |
| Sponsoring Organization and Address | ||
| NORTHROP GRUMMAN CORPORATION 1840 CENTURY PARK EAST, 152/CC LOS ANGELES, CA 90067 | Producer Number 0054782 | |
Policy Period
From: NOVEMBER 01, 2004 To: NOVEMBER 01, 2005
Premium
Amount
$302,150.00
Limit of Liability
| SEE ENDT. | Each Occurrence | |
| $2,000,000 | Excess Uninsured / Underinsured Motorists Protection Each Occurrence |
Required Primary Underlying Insurance
Personal Liability (Homeowners) for personal injury and property damage in the minimum amount of $100,000 each occurrence.
Registered vehicles in the minimum amount of $250,000 / $500,000 bodily injury and $100,000 property damage; or $300,000 single limit each occurrence. Registered vehicles included motorcycles and motorhomes.
Unregistered vehicles in the minimum amount of $100,000 bodily injury and property damage each occurrence.
Watercraft less than 26 feet and 50 engine rated horsepower or less for bodily and property damage in the minimum amount of $100,000 each occurrence.
Watercraft 26 feet or longer or more than 50 engine rated horsepower for bodily injury and property damage in the minimum amount of $500,000 each occurrence.
Uninsured / Underinsured motorists protection in the minimum amount of $250,000 / $500,000 bodily injury or $300,000 single limit occurrence.
FAILURE TO COMPLY WITH THE REQUIRED PRIMARY UNDERLYING INSURANCE WILL RESULT IN A GAP IN COVERAGE.
Amendments to Your Policy, if any
| Mandatory Amendment: | Subject to Chubb Custom Insurance Company Personal Excess Liability Form Service of Suit Clause |
Authorization
In Witness Whereof, the company issuing this policy has caused this policy to be signed by its authorized officers, but this policy shall not be valid unless also signed by a duly authorized representative of the company.
CHUBB CUSTOM INSURANCE COMPANY
 |  | |
| Secretary | President |
| Authorized Representative |  | |
| Date NOVEMBER 18, 2004 | ||
Producer’s Name & Address
AON RISK SERVICES/PRIVATE RISK MANAGEMENT
707 WILSHIRE BLVD., STE. 6000
LOS ANGELES, CA 90017
| | GROUP PERSONAL EXCESS LIABILITY POLICY |
INTRODUCTION
This is your Chubb Group Personal Excess Liability Policy. Together with your Coverage Summary, it explains your coverages and other conditions of your insurance in detail.
This policy is a contract between you and us. READ YOUR POLICY CAREFULLY and keep it in a safe place.
Agreement
We agree to provide the insurance described in this policy in return for the premium paid by the Sponsoring Organization and your compliance with the policy conditions.
Definitions
In this policy, we use words in their plain English meaning. Words with special meanings are defined in the part of the policy where they are used. The few defined terms used throughout the policy are defined here:
You means the individual who is a member of the Defined Group shown as the Named Insured in the Coverage Summary.
We and us mean the insurance company named in the Coverage Summary.
Family member means your relative who lives with you, or any other person under 25 in your care or your relative’s care who lives with you.
Sponsoring Organization means the entity, corporation, partnership or sole proprietorship sponsoring and defining the criteria for qualification as a Named Insured.
Policy means your entire Group Personal Excess Liability Policy, including the Coverage Summary.
Coverage Summary means the most recent Coverage Summary we issued to you, including any subsequent coverage amendments.
Occurrence means a loss or accident to which this insurance applies occurring within the policy period. Continuous or repeated exposure to substantially the same general conditions unless excluded is considered to be one occurrence.
Business means any employment, trade, occupation, profession, or farm operation including the raising or care of animals.
Defined Group means those individuals meeting the criteria for qualification as Named Insured as defined by the Sponsoring Organization and accepted by us.
GROUP PERSONAL EXCESS LIABILITY COVERAGE
This part of your Group Personal Excess Liability Policy provides you with liability coverage in excess of your underlying insurance anywhere in the world unless stated otherwise or an exclusion applies.
Payment for a Loss
Amount of coverage
The amount of coverage for liability is shown in the Coverage Summary. We will pay on your behalf up to that amount for covered damages from any one occurrence, regardless of how many claims, homes, vehicles, watercraft, or people are involved in the occurrence.
Any costs we pay for legal expenses (see Defense coverages) are in addition to the amount of coverage.
Underlying Insurance
We will pay only for covered damages in excess of all underlying insurance covering those damages, even if the underlying coverage is for more than the minimum amount.
“Underlying insurance” includes all liability coverage that applies to the covered damages, except for other insurance purchased in excess of this policy.
GROUP PERSONAL EXCESS LIABILITY POLICY
Payment for a Loss
(continued)
Required primary underlying insurance
Regardless of whatever other primary underlying insurance may be available in the event of a claim or loss, it is a condition of your policy that you and your family members must maintain in full effect primary underlying liability insurance of the types and in at least the amounts set forth below unless a different amount is shown in your Coverage Summary, covering your personal liability and to the extent you have such liability exposures, all vehicles and watercraft you or your family members own, or rent for longer than 30 days, or have furnished for longer than 30 days, as follows:
Personal liability (homeowners) for personal injury and property damage in the minimum amount of $100,000 each occurrence.
Registered vehicles in the minimum amount of:
$250,000/$500,000 bodily injury and $100,000 property damage;
$300,000 single limit each occurrence.
Unregistered vehicles in the minimum amount of $100,000 bodily injury and property damage each occurrence.
Watercraft less than 26 feet and 50 engine rated horsepower or less for bodily injury and property damage in the minimum amount of $100,000 each occurrence.
Watercraft 26 feet or longer or more than 50 engine rated horsepower for bodily injury and property damage in the minimum amount of $500,000 each occurrence.
Uninsured motorists/underinsured motorist protection in the minimum amounts of $250,000/$500,000 bodily injury, $100,000 property damage or $300,000 single limit each occurrence.
Failure by you or your family members to comply with this condition, or failure of any of your primary underlying insurers due to insolvency or bankruptcy, shall not invalidate this policy. In the event of any such failure, we shall only be liable in excess of the foregoing minimum amounts and to no greater extent with respect to coverages, amounts and defense costs than we would have been had this failure not occurred.
You must also give notice of losses and otherwise cooperate and comply with the terms and conditions of such primary underlying insurance.
Excess Liability Coverage
We cover damages a covered person is legally obligated to pay for personal injury or property damage, caused by an occurrence:
in excess of damages covered by the underlying insurance; or
from the first dollar of damage where no underlying insurance is required under this policy and no underlying insurance exists; or
from the first dollar of damage where underlying insurance is required under this policy but no coverage is provided by the underlying insurance for a particular occurrence, unless stated otherwise or an exclusion applies.
Exclusions to this coverage are described in Exclusions.
“Follow form” means:
We cover damages to the extent they are both covered under the Required Primary Underlying Insurance and, not excluded under this policy. Also, the amount of coverage, defense coverages, cancellation and “other insurance” provisions of this policy supersede and replace the similar provisions contained in such other policies. When this policy is called upon to pay losses in excess of required primary underlying policies exhausted by payment of claims, we do not provide broader coverage than provided by such policies. When no primary underlying coverage exists, the extent of coverage provided on a follow form basis will be determined as if the required primary underlying insurance has been written on policy forms filed by Insurance Services Office.
A “covered person” means:
you are a family member;
any person using a vehicle or watercraft covered under this policy with permission from you or a family member with respect to their legal responsibility arising out of its use;
| | GROUP PERSONAL EXCESS LIABILITY POLICY |
Excess Liability Coverage
(continued)
any person or organization with respect to their legal responsibility for acts or omissions of you or a family member; or any combination of the above.
“Damages” means the sum that is paid or is payable to satisfy a claim settled by us or resolved by judicial procedure or by a compromise we agree to in writing.
“Personal injury” means the following injuries, and resulting death:
bodily injury;
shock, mental anguish, or mental injury;
false arrest, false imprisonment, or wrongful detention;
wrongful entry or eviction;
malicious prosecution or humiliation; and
libel, slander, defamation of character, or invasion of privacy.
“Bodily injury” means physical bodily harm, including sickness or disease that results from it, and required care, loss of services and resulting death.
“Property damage” means physical injury to or destruction of tangible property and the resulting loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits, and similar instruments, but does not include the value represented by such instruments.
“Registered vehicle” means any motorized land vehicle not described in “unregistered vehicle.”
“Unregistered vehicle” means:
any motorized land vehicle not designed for or required to be registered for use on public roads;
any motorized land vehicle which is in dead storage at your residence;
any motorized land vehicle used solely on and to service your residence premises; or
golf carts.
Excess uninsured motorists/underinsured motorist protection
This coverage is in effect only if excess uninsured motorists/underinsured motorists protection is shown in the Coverage Summary.
We cover damages for bodily injury and property damage a covered person is legally entitled to receive from the owner or operator of an uninsured motorized/underinsured motorized land vehicle. We cover these damages in excess of the underlying insurance or the Required Primary Underlying Insurance, whichever is greater, if they are caused by an occurrence during the policy period, unless otherwise stated.
Amount of coverage. The maximum amount of excess uninsured motorists/underinsured motorists protection available for any one occurrence is the excess uninsured motorists/underinsured motorists protection amount shown in the Coverage Summary regardless of the number of vehicles covered by the Required Premium Underlying Insurance. We will not pay more than this amount in any one occurrence for covered damages regardless of how many claims, vehicles or people are involved in the occurrence.
This coverage will follow form.
Uninsured motorists/underinsured motorists protection arbitration
If we and a covered person disagree whether that person is legally entitled to recover damages from the owner or operator of an uninsured motor vehicle/underinsured motor vehicle, or do not agree as to the amount of damages, either party may make a written demand for arbitration. In this event, each party will select an arbitrator. The two arbitrators will select a third. If they cannot agree on a third arbitrator within 45 days, either may request that the arbitration be submitted to the American Arbitration Association. When the covered person’s recovery exceeds the minimum limit specified in the applicable jurisdiction’s financial responsibility law, each party will pay the expenses it incurs, and bear the expenses of the third arbitrator equally. Otherwise, we will bear all the expenses of the arbitration.
Unless both parties agree otherwise, arbitration will take place in the county and state in which the covered person lives. Local rules of law as to procedure and evidence will apply. A decision agreed to by two arbitrators will be binding unless the recovery amount for bodily injury exceeds the minimum limit specified by the applicable jurisdiction’s financial responsibility law. If the amount exceeds that limit, either party may demand the right to a trial. This demand must be made within 60 days of the arbitrator’s decision. If this demand is not made, the amount of damages agreed to by the arbitrators will be binding.
| GROUP PERSONAL EXCESS LIABILITY POLICY |
Excess Liability Coverage
(continued)
Defense coverages
We will defend a covered person against any suit seeking covered damages for personal injury or property damage that is either:
not covered by any underlying insurance; or
covered by an underlying policy as each Defense Coverage has been exhausted by payment of claims.
We provide this defense at our expense, with counsel of our choice, even if the suit is groundless, false, or fraudulent. We may investigate, negotiate, and settle any such claim or suit at our discretion.
As part of our investigation, defense, negotiation, or settlement, we will pay:
all premiums on appeal bonds required in any suit we defend;
all premiums on bonds to release attachments for any amount up to the amount of coverage (but we are not obligated to apply for or furnish any bond);
all expenses incurred by us;
all costs taxed against a covered person;
all interest accruing after a judgment is entered in a suit we defend on only that part of the judgment we are responsible for paying.
We will not pay interest accruing after we have paid the judgment up to the amount of coverage;
all prejudgment interest awarded against a covered person on that part of the judgment we pay or offer to pay. We will not pay any prejudgment interest based on that period of time after we make an offer to pay the amount of coverage;
all earnings lost by each covered person at our request, up to $250 a day, to a total of $10,000;
other reasonable expenses incurred by a covered person at our request; and
the cost of bail bonds required of a covered person because of a covered loss.
In jurisdictions where we may be prevented by local law from carrying out these Defense Coverages, we will pay only those defense expenses that we agree in writing to pay and that are incurred by you.
Exclusions
These exclusions apply to your Group Personal Excess Liability Coverage, unless stated otherwise.
Owned motorcycles and owned motor homes. We do not cover any damages arising out of the ownership, maintenance, use, loading or unloading of any owned motorcycle or owned motor home unless there is coverage under the Required Primary Underlying Insurance for the motorcycle or motor home. The coverage for owned motorcycles and owned motor homes is on a follow form basis.
Aircraft. We do not cover any damages arising out of the ownership, maintenance, use, loading, unloading, or towing of any aircraft, except aircraft chartered with crew by you. We do not cover any property damages to aircraft rented to, owned by, or in the care, custody or control of a covered person.
Large watercraft. We do not cover any damages arising out of the ownership, maintenance, use, loading, unloading or towing of any watercraft 26 feet or longer or with more than 50 engine rated horsepower owned by a covered person, or furnished or rented to a covered person for longer than 30 days. But we do cover watercraft being stored, unless another exclusion applies. Coverage is provided on a following form basis if the watercraft is covered under the Required Primary Underlying Insurance.
Motorized land vehicle, watercraft and aircraft racing. We do not cover any damages arising out of the participation in or practice for competitive racing of any motorized land vehicle, watercraft or aircraft. This exclusion does not apply to sailboat racing even if the sailboat is equipped with an auxiliary motor.
Motorized land vehicle and watercraft-related jobs. We do not cover any person while employed or otherwise engaged in the business of selling, repairing, servicing, storing, parking, docking, mooring, testing, or delivering motorized land vehicles or watercraft.
Motorized land vehicle and watercraft loading. We do not cover any person or organization, with respect to the loading or unloading of motorized land vehicles or watercraft.
| | GROUP PERSONAL EXCESS LIABILITY POLICY |
Exclusions
(continued)
Workers’ compensation or disability. We do not cover any damages a covered person is legally obligated to provide under any workers’ compensation, disability benefits, unemployment compensation or similar laws. But we do provide coverage in excess over any other insurance for damages a covered person is legally obligated to pay for bodily injury to a domestic employee of a residence covered under the Required Primary Underlying Insurance which are not compensable under workers’ compensation, unless another exclusion applies.
Director’s liability. We do not cover any damages for any covered person’s actions or failure to act as an officer or member of a board of directors of any corporation or organization. This exclusion does not apply to a not-for-profit corporation or organization, or to a condominium or cooperative association.
Damage to covered person’s property. We do not cover any person for property damage to property owned by any covered person.
Damage to property in your care. We do not cover any person for property damage to property rented to, occupied by, used by, or in the care of any covered person, to the extent that the covered person is required by contract to provide insurance. But we do cover such damages for loss caused by fire, smoke, or explosion unless another exclusion applies.
Discrimination. We do not cover any damages arising out of discrimination due to age, race, color, sex, creed, national origin, or any other discrimination.
Intentional acts. We do not cover any damages arising out of an act intended by a covered person to cause personal injury or property damage, even if the injury or damage is of a different degree or type than actually intended or expected. An intentional act is one whose consequences could have been foreseen by a reasonable person. But we do cover such damages if the act was intended to protect people or property unless another exclusion applies.
Molestation, misconduct or abuse. We do not cover any damages arising out of any actual, alleged or threatened:
sexual molestation;
sexual misconduct or harassment; or
abuse.
Nonpermissive use. We do not cover any person who uses a motorized land vehicle or watercraft without permission from you or a family member.
Business pursuits. We do not cover any damages arising out of a covered person’s business pursuits, investment or other for-profit activities, for the account of a covered person or others, or business property except on a follow form basis.
But we do cover damages arising out of volunteer work for an organized charitable, religious or community group, an incidental business away from home, incidental business at home, incidental business property, incidental farming, or residence premises conditional business liability unless another exclusion applies. We also cover damages arising out of your ownership, maintenance, or use of a private passenger motor vehicle in business activities other than selling, repairing, servicing, storing, parking, testing, or delivering motorized land vehicles.
“Incidental business away from home” is a self-employed sales activity, or a self-employed business activity normally undertaken by person under the age of 18 such as newspaper delivery, babysitting, caddying, and lawn care. Either of these activities must:
not yield gross revenues in excess of $5,000 in any year;
have no employees subject to worker’s compensation or other similar disability laws;
conform to local, state, and federal laws.
GROUP PERSONAL EXCESS LIABILITY POLICY
Exclusions
(continued)
“Incidental business at home” is a business activity, other than farming, conducted on your residence premises which must:
not yield gross revenues in excess of $5,000 in any year, except for the business activity of managing one’s own personal investments;
have no employees subject to worker’s compensation or other similar disability laws;
conform to local, state, and federal laws.
“Incidental business property” is limited to the rental or holding for rental, to be used as a residence, of a condominium or cooperative unit owned by you, an apartment unit rented to you, a one or two family dwelling owned by you, or a three or four family dwelling owned and occupied by you. We provide this coverage only for premises covered under the Required Primary Underlying Insurance unless the rental or holding for rental is for:
a residence of yours that is occasionally rented and that is used exclusively as a residence; or
part of a residence of yours by one or two roomers or boarders; or
part of a residence of yours as an office, school, studio, or private garage.
“Incidental farming” is a farming activity which meets all of the following requirements:
is incidental to your use of the premises as your residence;
does not involve employment of others for more than 1,000 hours of farm work during the policy period;
does not produce more than $2,500 in gross annual revenue from agricultural operations;
and with respect to the raising or care of animals:
does not produce more than $25,000 in gross annual revenues;
does not involve more than 10 sales transactions during the policy period;
does not involve the sale of more than 25 animals during the policy period.
“Residence premises conditional business liability” is limited to business or professional activities when legally conducted by you or a family member at your residence. We provide coverage only for personal injury or property damage arising out of the physical condition of that residence if:
you do not have any employees involved in your business or professional activities who are subject to workers’ compensation or other similar disability laws; or, if you are a doctor or dentist, you do not have more than two employees subject to such laws; you do not earn annual gross revenues in excess of $5,000, if you are a home day care provider.
We do not cover damages or consequences resulting from business or professional care or services performed or not performed.
Financial guarantees. We do not cover any damages for any covered person’s financial guarantee of the financial performance of any covered person, other individual or organization.
Professional services. We do not cover any damages for any covered person’s performing or failure to perform professional services, or for professional services for which any covered person is legally responsible or licensed.
Acts of war. We do not cover any damages caused directly or indirectly by war, undeclared war, civil war, insurrection, rebellion, revolution, warlike acts by military forces or personnel, the destruction or seizure of property for a military purpose, or the consequences of any of these actions.
Contractual liability. We do not cover any assessments charged against a covered person as a member of a condominium or cooperative association. We also do not cover any damages arising from contracts or agreements made in connection with any covered person’s business. Nor do we cover any liability for unwritten contracts, or contracts in which the liability of others is assumed after a covered loss.
Covered person’s or dependent’s personal injury. We do not cover any damages for personal injury for any covered person or their dependents where the ultimate beneficiary is the offending party or defendant. We also do not cover any damages for personal injury for which you can be held legally liable, in any way, to a family member or your spouse or for which a family member or your spouse can be held legally liable, in any way, to you.
However, we do cover damages for bodily injury arising out of the use of a motorized land vehicle for which you can be held legally liable to a family member or your spouse or for which a family member or your spouse can be held legally liable to you to the extent that coverage is provided under this policy. This coverage applied only to the extent such damages are covered by primary underlying insurance and exceed the limits of insurance required for the motorized land vehicle under the Required Primary Underlying Insurance provisions of this policy.
Liability for dependent care. We do not cover any damages for personal injury for which a covered person’s only legal liability is by virtue of a contract or other responsibility for a dependent’s care.
| | GROUP PERSONAL EXCESS LIABILITY POLICY |
Exclusions
(continued)
Illness. We do not cover personal injury or property damage resulting from any illness, sickness or disease transmitted intentionally or unintentionally by a covered person to anyone, or any consequence resulting from that illness, sickness or disease. We also do not cover any damages for personal injury resulting from the fear of contracting any illness, sickness or disease, or any consequence resulting from the fear of contracting any illness, sickness or disease.
Parental liability. We do not cover any damages arising from parental liability for the acts of a minor using a motorized land vehicle, watercraft 26 feet or longer or with more than 50 engine rated horsepower, or aircraft. But we do cover parental liability for the acts of a minor using a motorized land vehicle or watercraft on a follow form basis for the type of motorized land vehicle or watercraft involved, unless another exclusion applies.
Entrustment. We do not cover any damages arising from the entrustment by any covered person of a motorized land vehicle, watercraft 26 feet or longer or with more than 50 engine rated horsepower, or aircraft to any person. But we do cover entrustment by any covered person of a motorized land vehicle or watercraft on a follow form basis for the type of motorized land vehicle or watercraft involved, unless another exclusion applies.
Nuclear or radiation hazard. We do not cover any damages caused directly or indirectly by nuclear reaction, radiation, or radioactive contamination, regardless of how is was caused.
GROUP PERSONAL EXCESS LIABILITY POLICY
POLICY TERMS
This part of your Group Personal Excess Liability Policy explains the conditions that apply to your policy.
General Conditions
These conditions apply to your policy in general, and to each coverage in it.
Policy period
The effective dates of your policy are shown in the Coverage Summary. Those dates begin at 12:01 a.m. standard time at the mailing address shown.
All coverages on this policy apply only to occurrences that take place while this policy is in effect.
Renewals
We may offer to continue this policy for renewal periods, at the premiums and under the policy provisions in effect at the date of renewal. We may do this by mailing you a bill for the premium to the address shown in the Coverage Summary, along with any changes in the policy provisions or amounts of coverage.
You may accept our offer by paying the required premium on or before the starting date of each renewal period.
Transfer of rights
If we make a payment under this policy, we will assume any recovery rights a covered person has in connection with that loss, to the extent we have paid for the loss.
All of your rights of recovery will become our rights to the extent of any payment we make under this policy. A covered person will do everything necessary to secure such rights; and do nothing after a loss to prejudice such rights. However, you may waive any rights of recovery from another person or organization for a covered loss in writing before the loss occurs.
Concealment or fraud
This policy is void if you or any covered person has intentionally concealed or misrepresented any material fact relating to this policy before or after a loss.
Application of coverage
Coverage applies separately to each covered person. However, this provision does not increase the amount of coverage for any one occurrence.
Assignment
You cannot transfer your interest in this policy to anyone else unless we agree in writing to the transfer.
Policy changes
This policy can be changed only by a written amendment we issue.
Bankruptcy or insolvency
We will meet all our obligations under this policy regardless of whether you, your estate, or anyone else or their estate becomes bankrupt or insolvent.
In case of death
In the event of your death, coverage will be provided until the end of the policy period or policy anniversary date, whichever occurs first, for any surviving member of your household who is a covered person at the time of death. We will also cover your legal representative or any person having proper temporary custody of your property.
Conforming to state law
If any provisions of this policy conflicts with any applicable laws of the state you live in, this policy is amended to conform to those laws.
Liability Conditions
These conditions apply to all liability coverages in this policy.
Other Insurance
This insurance is excess over any other insurance except that written specifically to cover excess over the amount of coverage that applies in this policy.
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Liability Conditions
(continued)
Your duties after a loss
In case of an accident or occurrence, the covered person shall perform the following duties that apply:
Notification. You must notify us or your agent or broker as soon as possible.
Assistance. You must provide us with all available information. This includes any suit papers or other documents which help us in the event that we defend you.
Cooperation. You must cooperate with us fully in any legal defense. This may include any association by us with the covered person in defense of a claim reasonably likely to involve us.
Appeals
If a covered person, or any primary insurer, does not appeal a judgment for covered damages, we may choose to do so. We will then become responsible for all expenses, taxable costs, and interest arising out of the appeal. However, the amount of coverage for damages will not be increased.
Special Conditions
In the event of conflict with any other conditions of your policy, these conditions supersede.
Legal action against us
You agree not to bring action against us unless you have first complied with all conditions of this policy. If you have a loss, you agree not to bring any action against us until the obligation has been determined by final judgment or a written agreement by us.
Notice of cancellation and coverage termination conditions
Your cancellation. The Sponsoring Organization may cancel this policy by returning it to us or notifying us in writing at any time subject to the following:
the Sponsoring Organization must notify us in advance of the requested cancellation date; and
the Sponsoring Organization must provide proof of notification to each member of the Defined Group covered under this policy.
Our cancellation. At our discretion we may cancel this policy by mailing to the Sponsoring Organization at the address shown on the Coverage Summary upon ten (10) days notice for non-payment of premium or thirty (30) days notice in all other cases.
Termination. Should an individual for any reason no longer qualify as a member of the Defined Group, coverage will cease sixty (60) days from the date of such termination, or the policy expiration or cancellation date, whichever comes first.
Refund. In the event of cancellation by the Sponsoring Organization or us, we will refund any unearned premium on the effective date of cancellation, or as soon as possible afterwards to the Sponsoring Organization. The unearned premium will be computed short rate for the unexpired term of the policy.
| | GROUP EXCESS LIABILITY POLICY |
| ENDORSEMENT | ||
| Policy Period | NOVEMBER 01, 2004 to NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | ( 05 ) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
NAMED INSURED ENDORSEMENT
VICE PRESIDENTS, NON OFFICERS AND RETIREES OF NORTHROP GRUMMAN
CORPORATION
| $10,000,000 | LIMIT OF LIABILITY | |
| $2,000,000 | UNINSURED/UNDERINSURED MOTORISTS PROTECTION | |
| Ronald D. Sugar | ||
| $5,000,000 | LIMIT OF LIABILITY | |
| $2,000,000 | UNINSURED/UNDERINSURED MOTORISTS PROTECTION | |
Lorenzo J. Abella
Jerry B. Agee
Daniel D. Allen
Samuel Alsgood
James E. Anton
Dale S. Archer
Daniel L. Arczynski
James L. Armitage
George T. Arnsmeyer
Lawrence A. Auffrey
Dennis E. Averyt
William B. Ballantyne
David Barakat
Barbara Barcon
Leroy Barnidge
James S. Barry
Mary Ann Benischek
Michael D. Bennett
Alan C. Bennett
Lawrence J. Blair
Paul S. Borzcik
Robert Brammer
John F. Breitfeller
Lynne O. Brickner
Steve R. Briggs
Denis Brown
Joel E. Brown
James D. Bryan
Frederick H. Bullock
Mary K. Burch
James W. Burnett
Dale E. Burton
Carl J. Busch
Wesley G. Bush
Daniel L. Callihan
James L. Cameron
James F. Carlini
William S. Carrier III
Mark Carroll
Patrick P. Caruana
John D. Casko
James G. Cassady
Rajender J. Chandhok
John Chino
John L. Clay
Joe D. Cole Jr
Christopher B. Cool
Joseph O. Costello
Robert T. Cote
Susan L. Cote
Richard A. Croxall
Brian J. Cuccias
Daniel W. Culleton
Steve T. Cummings
John F. Daegele
Martin E. Dandridge
Chineta K. Davis
John V. De Maso
Robert L. Del Boca
Joseph M. Delaney
Anthony L. Deley
David M. Di Carlo
Gregory J. Donley
Alan J. Doshier
Thomas R. Douglas
Michael P. Driscoll
Robert W. Dubeau
Gerard A. Dufresne
Philip A. Dur
Larry W. Edelman
Irwin F. Edenzon
John D. Edwards
Gary W. Ervin
Darrell G. Ewing, Sr.
Paul Faranda
Timothy M. Farrel1
Molly A. Ficarra
Arthur Thomas Fintel
Gloria Flach
Karin In. Flanagan
Frank Flores
Jonh B. Foley III
Douglas L. Fontaine Jr
William H. Forster
Ann R. Fortenberry
Darryl M. Fraser
Sidney E. Fuchs
Roger U. Fujii
Bradley Furukawa
Mark R. Gagen
Bill Li. Gallas
Bruce R. Gerding
Nelson Gibbs, Jr.
Emmitt E. Gibson
Thomas K. Glennan III
John C. Golombeck
James R. Goodrich
Clark Graham
Jeffrey D. Grant
Katherine A. Gray
Otto J. Guenther
Robert L. Gunter
Larry Harrell
David S. Harvey
Michael J. Hateley
Richard L. Haver
Jimmie R. Haygood
Maureen P. Heath
Robert W. Helm
Teno L. Henderson
Christopher M. Hernandez
Jerome L. Hetrick
Robert Hinson
Raphael S. Holder
Francis K. Holian
James R. Hupton
Cynthia L. Hyland
Robert P. Iorizzo
Cheryl L. Janey
Mark A. Jendzejec
Suzanne F. Jenniches
Carl O. Johnson
Craig L. Johnson
John C. Johnson
Thomas H. Johnston
Thomas V. Jones
Chares L. Jones
Jill S. Kale
Michele Y. Kang
Clayton K. Kau
Alene G. Kaufman
John Kavanaugh
Gaston Kent
Robert W. Klein
Marsha Klontz
Lisa V. Kohl
Keith C. Krantz
Donald H. Kump
Richard L. Lapado
Lawrence J. Lanzillotta
Jack A. Lautenschlager
Taylor W. Lawrence
Michael W. Lennon
William G. Lese
Robert A. Lindeman
James J. Lindenfelser
Alexander C. Livanos
Jeremiah R. Madigan
Paul A. Marchisotto
Kenneth L. Mars
Frank C. Marshall Jr
James Martin
John J. Mazach
Gary W. Mc Kenzie
Robert J. Mc Nulty
Bernard P. Mc Vey
Patricia M. McMahon
Timothy McMahon
Mike J. Mcvey
Robert Merchent
John L. Messmore
Paul K. Meyer
Linda A. Mills
Robert K. Mitchell
William M. Mitchell
Dan Montgomery
Arnold P. Moore
Corey S. Moore
Frank W. Moore
Stephen C. Movius
Matthew J. Mulherin
John H. Mullan
Diane Murray
Albert F. Myers
James M. Myers
David A. Nagy
David Nastase
Margaret L. Nelson
Robert E. Nelson
Lance G. Newquist
Barbara A. Niland
Todd A. Norwood
Charles H. Noski
Edward J. Nowacki
Rosanne P. O’brien
James R. O’neill
Janis G. Pamiljans
Travis Wood Parker
Robert Pattishall
Joseph G. Penarczyk
George W. Perkins
Steven R. Perkins
Michael C. Petters
George R. Petteys Jr.
Anthony D. Piazza
George E. Pickett
Carolyn Pittman
James F. Pitts
Ralph K. Pope
Everett H. Pratt Jr
Christine C. Reynolds
Barry L. Rhine
Frederick L. Ricker
Jan G. Rideout
Kerry D. Rines
Robert M. Roberts
Hubert E. Robinson
Paul M. Robinson
Gerard Roccanova
Salvatore M. Romano
Thomas E. Romesser
David S. Rosener
James L. Sanford
Richard S. Schenk
Kraig H. Scheyer
Richard F. Schmaley
Gregory A. Schmidt
Kent R. Schneider
Kevin T. Sculley
Sonja F. Sepahban
Scott J. Seymour
Stuart Shea
Michael Sheehan
Thomas W. Shelman
John E. Shephard Jr
David A. Shrum
Jeffrey S. Shuman
Neil G. Siegel
Mary A. Simmerman
Ronald Smith
Wylie B. Smith Jr
Robert B. Spiker
Vicki E. Spira
Scott D. Stabler Ii
David F. Stafford
Craig Staresinich
John R. Stavlo
Rebecca A. Stewart
Dwight C. Streit
Stephen H. Strom
William O. Studeman
Pamela J. Sullivan
Sally A. Sullivan
James B. Tapp, Jr.
Joseph Taylor
Hugh E. Taylor
Philip E. Teel
Burks W. Terry
Steven D. Timmerman
Thomas W. Tomlinson
Michele Toth
Ivory E. Tucker
Mark A. Tucker
Richard A. Underhill
Mark Ureda
David B. Vandervoet
William Varner
Thomas E. Vice
Charles H. Volk
Christopher Waln
Charles B. Wande
Robert A. Waters
David W. Whiddon
James J. White
Roy C. Whites
Donald C. Wilhelm
David T. Williams
Linda M. Williams
Thomas L. Williams
Kenneth E. Wilson
Veasey W. Wilson
James W. Winchester
Donald C. Winter
Richard T. Witton, Jr.
Georetta A. Wolff
Thurston E. Womble
Sandra J. Wright
John H. Young, Jr.
George R. Yount
Stephen D. Yslas
Marty Zelman
Carol J. Zierhoffer
Ian Ziskin
David W. Zolet
| ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. | ||
| Authorized Representative | /s/ Robert Hamburger | |
| | GROUP EXCESS LIABILITY POLICY |
| ENDORSEMENT | ||
| Policy Period | NOVEMBER 01, 2004 to NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | ( 05 ) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
| $2,000,000 | LIMIT OF LIABILITY | |
| $2,000,000 | UNINSURED/UNDERINSURED MOTORISTS PROTECTION |
Terry J. Anderson
Curt E. Armbruster
Harry Armen, Jr.
Kent T. Attridge
Gregory Ashby
Steven C. Babb
John J. Ball
David C. Beard
Russell J. Bercier
Denny J. Beroiz
David A.
Richard J. Boak
Jennifer R. Boykin
Louis A. Bozzella
Jeffrey A. Brody
Robert M. Broton
Kenneth R. Brown
Edward G. Bughman
Michael J. Butchko
James A. Byrne
Joseph M. Cagnazzi
Douglas E. Campion
William E. Carty
Frank Catalfamo
John J. Charland
Daniel S. Cockroft
Thomas Conroy
Jeffrey J.
Ramon P. Dasal
Robert C. Davis
James M. Dean
Dario Deangelis
Kim L. Dismuke
Robert Doleman
Nimesh Doshi
Michael W. Elliot
Craig Ellis
Mark Feldman
Peter Fera
Alfred J. Ferrari
Scott M. Freber
Chester D. Freeze
Joseph C. Garone
Dennis Gauci
Elizabeth R. Gomez
Harry M. Graves Jr
Richard J. Gregor
Karyn A. Greenfield
Marco N. Gulotta
Anthony C. Guma Jr
Edward G. Halloran
William C. Haub
Harry H. Heimple
William P. Hickman
Gary A. Hogarth
Robert A. Huebner
Frank M. Ioli
Leona Karbowski
Cheryl S. Kariya
Jonh T. Kenney
Jonathon S. Korin
Stanley Kwong
Ronald J. Langietti
Maris Lapins
Michale V. Leahy
Stanley Lee
Kenneth A. Lehman
Yu-Ping Liu
Michael A. Lotito
Eugene J. Lowe
Joseph F. Lucente
Palmer A. Marcantonio
Roland P. Marquis
Anthony G. Marrocco
Richard W. Mattern
William Mc Connell
Timothy S. McKnight
Richard A. Milburn
Lucy Mineghino
Lorraine R. Murray
Edward L. Naro
William T. Ober Ii
John Michael Patrick
R. M. Peak
Albert A. Pisani
Nataline F. Piscitelli
Terry W. Prosser
Michael R. Prueter
Harry Quandt
Mark A. Rabinowitz
Mark A. Rhoades
Gary P. Roehrig
Donna I. Rumph
Shari M. Sachs
Carol C. Schmitt
Robert J. Schutte
Gary F. Serio
Alfred J. Serrano
LOGO
Shabbir A. Shad
Richard D. Shea
James M. Sims
Steven A. Sloan
Colleen C. Smith
Mary A. Solana
Harris Sperling
Gordon R. Stewart
Marilyn J. Stewart
Jeffrey A. Stoy
David H. Strode
John Stumpf
Stanley R. Swenson, Jr.
Malcolm S. Swift
Richard L. Tallman
John B. Thompson, Jr.
Deborah A. Thurman
Douglas I. Timmer
Patricia A. Tisone
Charles Y. Tomita
John Urbanski
Louise Ussery
George F. Wagner
David S. Weil Jr
Thomas J. Weir
David W. Werkheiser
Glen A. West
Charles T. Williams
Roger B. Williams
Thomas R. Wilson
Douglas E. Wood
Thomas H. Zehner
| ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. | ||
| Authorized Representative | /s/ Robert Hamburger | |
| Endorsement | ||
| Policy Period | NOVEMBER 01, 2004 To NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | (05) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
| THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT: | ||||
| Endorsement Compliance With Applicable Trade Sanctions | Compliance With Applicable Trade Sanctions
This insurance does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit us from providing insurance. | |||
| All other terms and conditions remain unchanged. | ||||
| Authorized Representative | | |||
| | GROUP EXCESS LIABILITY POLICY |
| ENDORSEMENT | ||
| Policy Period | NOVEMBER 01, 2004 to NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | ( 05 ) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
INTERNATIONAL RESIDENTS PRIMARY REQUIRED UNDERLYING LIMIT ENDORSEMENT
It is agreed that with respect to the Named Insured residing outside of the United States, the required primary underlying insurance limits of liability shall be the same limits of liability as shown in the coverage summary, except for those Named Insured residing in a country that does not provide the required primary underlying insurance limits of liability. In these countries the Named Insured will be required to obtain the maximum limits of liability available for all coverage shown on the Coverage Summary under the required primary underlying insurance.
| ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. | ||
| Authorized Representative | /s/ Robert Hamburger | |
| | GROUP EXCESS LIABILITY POLICY |
| ENDORSEMENT | ||
| Policy Period | NOVEMBER 01, 2004 to NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | ( 05 ) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
ANNUAL PREMIUM ADJUSTMENT CLAUSE
It is agreed that this policy is written with a deposit premium to be adjusted on either each policy anniversary or at policy expiration. The premium will be adjusted on the basis of the difference between the total number of participants at inception and the actual number of participants at each anniversary. This difference is to be multiplied by fifty (50%) of the annual rate per participant, resulting in either an additional or return premium.
| ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. | ||
| Authorized Representative | /s/ Robert Hamburger | |
| Endorsement | ||
| Policy Period | NOVEMBER 01, 2004 to NOVEMBER 01, 2005 | |
| Effective Date | NOVEMBER 01, 2004 | |
| Policy Number | (05) 7952-68-99 | |
| Insured | VICE PRESIDENTS, NON OFFICERS & RETIREES OF NORTHROP GRUMMAN CORPORATION | |
| Name of Company | CHUBB CUSTOM INSURANCE COMPANY | |
| Date Issued | NOVEMBER 18, 2004 | |
| California Service Of Suit Clause | THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT:
It is agreed that in the event of the failure of the Company hereon to pay any amount claimed to be due hereunder, the Company hereon, at the request of the Insured, will submit to the jurisdiction of a court of competent jurisdiction within the United States of America. Nothing in this condition constitutes or should be understood to constitute a waiver of the Company’s rights to commence an action in any court of competent jurisdiction in the United States or to remove an action to a United States District Court or to seek a transfer of a case to another court as permitted by the laws of the United States or of any state in the United States. | |
| It is further agreed that service of process in such suit may be made upon James V. Lalor, 801 S. Figueroa Street, Suite 2400, Los Angeles, CA 90017-5556, or his nominee, and that in any suit instituted against any one of them upon this policy, the Company will abide by the final decision of court or of any appellate court in the event of an appeal. | ||
| The above-named is authorized and directed to accept service of process on behalf of the Company in any such suit and/or upon the request of the Insured to give a written undertaking to the insured that it or they will enter a general appearance upon the Company’s behalf in the event such a suit shall be instituted. | ||
| Further, pursuant to any statute of any state, territory or district of the United States of America, which makes provision therefore, the Company hereon hereby designates the Superintendent, Commissioner or Director of Insurance, Secretary of State or other officer or officers specified for that purpose in the statute of his or their successor or successors in office, as their true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the Insured or any beneficiary hereunder arising out of this contract of insurance, and hereby designate James V. Lalor, or his nominee, as the person to whom the said officer is authorized to mail such process or a true copy thereof. | ||
| All other terms and conditions remain unchanged. | ||
| Authorized Representative | /s/ Robert Hamburger | |
PRIVACY POLICY AND PRACTICES
THIS NOTICE IS BEING SENT TO THE POLICYHOLDER OF AN INSURANCE POLICY. IT DESCRIBES CHUBB’S POLICY FOR HANDLING CERTAIN PERSONAL INFORMATION OF ITS INDIVIDUAL CUSTOMERS.
Chubb has been serving the insurance needs of our customers for more than a century. To continue to provide innovative products and services that respond to your insurance needs, Chubb collects certain personal information about you, which is described below in The Personal Information We Collect. At Chubb, we respect the privacy of our customers. Chubb’s personal information handling practices are regulated by law, and this Privacy Policy describes those practices.
Chubb’s Privacy Policy
The Personal Information We Collect. Chubb collects personal information about you and the members of your household to conduct business operations, provide customer service, offer new products, and satisfy legal and regulatory requirements.
We may collect the following categories of information about you from these sources:
| • | Information from you directly or through your agent, broker, or, automobile assigned risk plan, including information from applications, worksheets, questionnaires, claim forms or other documents (such as name, address, driver’s license number, and amount of coverage requested). |
| • | Information about your transactions with us, our affiliates or others (such as products or services purchased, claims made, account balances and payment history). |
| • | Information from a consumer reporting agency (such as motor vehicle reports). |
| • | Information from other non-Chubb sources (such as prior loss information and demographic information). |
| • | Information from visitors to our websites (such as that provided through online forms and online information collecting devices known as “cookies”). Chubb does not use “cookies” to retrieve information from a visitor’s computer that was not originally sent in a “cookie”. |
| • | Information from an employer, benefit plan sponsor, benefit plan administrator or master policyholder for any Chubb individual or group insurance product that you may have (such as name, address and amount of coverage requested). |
The Personal Information We Share. Chubb may disclose the personal information we collect to service, process, or administer business operations such as underwriting and claims, and for other purposes such as the marketing of products or services, regulatory compliance, the detection or prevention of fraud, or as otherwise required or allowed by law. These disclosures may be made without prior authorization from you, as permitted by law.
Sharing Personal Information With Others. Chubb may disclose the personal information we collect to affiliated and non-affiliated parties for processing and servicing transactions, such as reinsurers, insurance agents or brokers, property and automobile appraisers, auditors, claim adjusters, third party administrators and, in the case of group insurance, employers, benefit plan sponsors, benefit plan administrators or master policyholders. For example, Chubb may disclose personal information to our affiliates and other parties that perform services for us such as customer service or account maintenance. Specific examples include mailing information to you and maintaining or developing software for us. Chubb may also disclose personal information to nonaffiliated parties as permitted by law. For example, we may disclose information in response to a subpoena, to detect or prevent fraud, or to comply with an inquiry or requirement of a government agency or regulator.
Sharing Personal Information With Service Providers or for Joint Marketing. Chubb may disclose the personal information we collect to agents and brokers so that they can market financial products and services and to service providers who perform functions for us. Any such disclosure is required to be subject to an agreement with us that includes a confidentiality provision. We do not disclose personal information to other financial institutions with which we may have joint marketing arrangements; however, we reserve the right to do so in the future, subject to the other financial institution entering into an agreement with us that includes a confidentiality provision.
Confidentiality and Security of Personal Information. Access to personal information is allowed for business purposes only. The people who have access to personal information, including employees of Chubb and its affiliates, and non-employees performing business functions for Chubb, are under obligations to safeguard such information. Chubb maintains physical, electronic, and procedural safeguards to guard your personal information.
Personal Health Information. Under certain circumstances, we also collect personal health information about our customers, such as information regarding an accident, disability or injury, for underwriting or claim purposes. Chubb does not disclose your personal health information to others for the purpose of marketing to you unless we have your express consent.
Personal Information of Former Customers. Chubb’s personal information privacy policy also applies to former customers.
Changes in Privacy Policy. Chubb may choose to modify this policy at any time. We will notify customers of any modifications at least annually.
Definitions.
“Chubb” means the following companies on whose behalf this notice is given:
Chubb & Son Inc.
Chubb & Son Inc. (of Illinois)
Chubb Custom Insurance Company
Chubb Custom Market, Inc.
Chubb Indemnity Insurance Company
Chubb Insurance Company of New Jersey
Chubb Lloyds Insurance Company of Texas
Chubb Multinational Managers, Inc.
Chubb National Insurance Company
Executive Risk Indemnity Inc.
Executive Risk Specialty Insurance Company
Federal Insurance Company
Great Northern Insurance Company
Northwestern Pacific Indemnity Company
Pacific Indemnity Company
Quadrant Indemnity Company
Texas Pacific Indemnity Company
Vigilant Insurance Company
“Customer” and “you” mean any individual who obtains or has obtained a financial product or service from Chubb that is to be used primarily for personal, family or household purposes. This notice applies to customers only.
“Personal information” means non-public personal information, which is defined by law as personally identifiable financial information provided by you to Chubb, resulting from a transaction with or any service performed for you by Chubb, or otherwise obtained by Chubb. Personal information does not include publicly available information as defined by applicable law.
Chubb Group of Insurance Companies
Chubb Custom Market Department
Attention: Privacy Inquiries
25 Independence Boulevard
