Attachment H.docx
DOCX document 40 KB Posted
- Attached to
- ATHLETIC INSURANCE_WINTHROP UNIVERSITY
- Solicitation number
- 5400030134
- Issued by
- York County, South Carolina
About this file
This file contains insurance policy endorsements issued by Zurich American Insurance Company to Winthrop University for a Blanket Accident Insurance Policy (Policy No. MCB 4850979). The endorsement document reflects administrative changes to the university's existing athletic insurance coverage. The first endorsement, effective August 1, 2024, renews the policy for a one-year term extending from August 1, 2024 through August 1, 2025, with a premium of $15,000 payable in advance. Under this renewal, the Aggregate Deductible increases from $195,000 to $220,000 as specified in the Schedule of the Aggregate Deductible Endorsement. The second endorsement adds a Sanctions Exclusion clause to the policy, which supersedes any existing sanctions language and stipulates that coverage will not be provided to any insured, beneficiary, or third party whose coverage or business activities would violate applicable trade or economic sanctions laws or regulations.
The file demonstrates Winthrop University's active insurance arrangement with Zurich American Insurance Company for student athlete accident coverage. The one-year renewal term and associated premium payment structure indicate an ongoing contractual relationship for comprehensive accident insurance protection. The increase in the Aggregate Deductible from $195,000 to $220,000 reflects adjustments to the policy's cost-sharing structure between the insurer and the policyholder. The addition of the Sanctions Exclusion Endorsement ensures compliance with federal and international trade sanctions regulations by explicitly prohibiting coverage for any activities that would contravene applicable sanctions laws. All other policy terms and conditions remain unchanged under these endorsements.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Amendment 1.docx | DOCX document | |
| Attachment B.docx | DOCX document | |
| Attachment A.docx | DOCX document | |
| Attachment F.docx | DOCX document | |
| Attachment I.docx | DOCX document | |
| Attachment J.docx | DOCX document | |
| Attachment D.docx | DOCX document | |
| Attachment G.docx | DOCX document | |
| Solicitation.docx | DOCX document |
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Text version
U-BMC-304-C SC (10/20)
Administrative Change Endorsement
ZURICH
Zurich American Insurance Company 1299 Zurich Way Schaumburg, Illinois 60196
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
This endorsement modifies insurance provided under the Blanket Accident Insurance Policy.
It is hereby understood and agreed that the following changes are made and incorporated into the Policy:
I. In consideration of the payment of a one-year term premium of $15,000 payable in advance, it is agreed that this Policy is continued in force for a further period of one year from August 1, 2024 to August 1, 2025.
II. Effective August 1, 2024 the Aggregate Deductible of $195,000 is increased to an Aggregate Deductible of $220,000, as it appears in the Schedule of the Aggregate Deductible Endorsement, coded U-BMC-383-A CW (01/20), of the Policy.
Policyholder: Winthrop University Endorsement No. z.
Except for the above, this endorsement does not vary, alter, waive, or extend any of the terms of the Policy to which it is attached.
Effective Date: August 1, 2024 Attached to and forming a part of Policy No. MCB 4850979
IN WITNESS WHEREOF, this Company has executed and attested these presents and, where required by law, has caused the Policy to be countersigned by its duly Authorized Representative(s).
President Corporate Secretary
SANCTIONS EXCLUSION ENDORSEMENT
ZURICH
Page I of I
U-GU-1192-A CW (03/15)
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY
The following exclusion is added to the policy to which it is attached and supersedes any existing sanctions language in the policy, whether included in an Exclusion Section or otherwise:
SANCTIONS EXCLUSION
Notwithstanding any other terms under this policy, we shall not provide coverage nor will we make any payments or provide any service or benefit to any insured, beneficiary, or third party who may have any rights under this policy to the extent that such coverage, payment, service, benefit, or any business or activity of the insured would violate any applicable trade or economic sanctions law or regulation.
The term policy may be comprised of common policy terms and conditions, the declarations, notices, schedule, coverage parts, insuring agreement, application, enrollment form, and endorsements or riders, if any, for each coverage provided. Policy may also be referred to as contract or agreement.
We may be referred to as insurer, underwriter, we, us, and our, or as otherwise defined in the policy, and shall mean the company providing the coverage.
Insured may be referred to as policyholder, named insured, covered person, additional insured or claimant, or as otherwise defined in the policy, and shall mean the party, person or entity having defined rights under the policy.
These definitions may be found in various parts of the policy and any applicable riders or endorsements.
ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED
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