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Type	of	Policy/Carrier Limits	of	Liability/Deductibles Premium
COMMERCIAL	PROPERTY Building	Replacement	Cost	(High‐Rise) $144,871,109 $298,695
First	Insurance	Company	of	Hawaii Building	Replacement	Cost	(Parking	Garage) $18,300,000
Policy	No.	POP	1187157	 Business	Personal	Property $300,000
Effective:	08/31/17	‐	08/31/18 Equipment	Breakdown	(Boiler	&	Machinery) Included
Terrorism	(Optional	Coverage	Available	for	$14,712) Excluded
Building	Ordinance	or	Law		
					A)	Coverage	for	Loss	to	Undamaged	Portion	of	Building Full	Limits
					B)	Coverage	for	Cost	of	Demolition $2,000,000
					C)	Coverage	for	Increased	Costs	of	Construction $2,000,000
Deductible	(all	covered	perils	excluding	hurricane) $25,000
Hurricane	Deductible	(2%	of	the	Total	Insurable	Values) $3,269,422
COMMERCIAL	GENERAL	LIABILITY General	Aggregate	Limit $2,000,000 $151,911
First	Specialty	Insurance	Corporation Products/Completed	Operations	Aggregate	Limit $2,000,000
Policy	No.	IRG	2004116	00 Personal	&	Advertising	Injury	Limit $1,000,000
Effective:	08/31/17	‐	08/31/18 Each	Occurrence	Limit $1,000,000
Damage	to	Premises	Rented	to	You	(any	one	premises) $50,000
Medical	Expense	Limit	(any	one	person) EXCLUDED
Bodily	Injury/Property	Damage	Liability	Deductible $5,000
Non‐Owned/Hired	Automobile	(per	occurrence) $1,000,000
COMMERCIAL	UMBRELLA	 Limit	of	Liability	(each	occurrence/aggregate	limit) $25,000,000 $7,939
Great	American	Insurance	Company Retained	Limit $0
Policy	No.	UM4959365‐UM30102703
Effective:	08/31/17	‐	08/31/18
DIRECTORS'	&	OFFICERS'	LIABILITY Limit	of	Liability	(each	occurrence/annual	aggregate) $2,000,000 $6,670
Continental	Casualty	Company Deductible	(each	claim) $2,500
Policy	No.	0251108403
Effective:	09/01/17	‐	09/01/18
FIDELITY	BOND Commercial	Crime/Employee	Theft $200,000 $894
Great	American	Insurance	Company Deductible	(per	occurrence) $1,000
Policy	No.		SSA‐392‐56‐74‐04778‐01
Effective:	08/31/17	‐	08/31/18
FLOOD	INSURANCE	(TOWER) Building $143,000,000 $122,090
First	Insurance	Company	of	Hawaii Contents $100,000
Policy	No.		0002031726 Deductible $10,000
Effective:	08/31/17	‐	08/31/18
FLOOD	(PARKING	GARAGE) Building $500,000 $4,803
First	Insurance	Company	of	Hawaii Contents $100,000
Policy	No.	0002031729 Deductible $10,000
Effective:	08/31/17	‐	08/31/18
WORKERS'	COMPENSATION Bodily	Injury	by	Accident	(each	accident) $500,000 $36,527
Island	Insurance	Company,	Ltd. Bodily	Injury	by	Disease	(each	employee) $500,000
Policy	No.	IWA9720297‐04 Bodily	Injury	by	Disease	(policy	limit) $500,000
Effective:	09/01/17	‐	09/01/18
$629,529
	***	If	you	need	proof	of	insurance	for	your	mortgage	company,	please	email	your	request	to	certificates@insuringhawaii.com	***
This	summary	has	been	prepared	for	the	convenience	of	the	Insured	and	is	not	an	exact	and	binding	analysis	of	the	coverages.	This	summary	is	for	your	use	as	a	reference	only	and	is	not	intended	to	be	inclusive	of	all	policy	
terms,	conditions	and	exclusions.	Even	though	care	has	been	taken	in	the	preparation	of	this	summary,	in	the	event	there	is	a	discrepancy,	the	original	policies	will	prevail	as	the	sole	binding	documents.
							Total	Premium	(Including	Taxes	and	Fees)
ASSOCIATION	OF	APARTMENT	OWNERS	OF	THE	MARCO	POLO	APARTMENTS	
2017‐2018	Summary	of	Insurance	
800 Bethel Street #200
Honolulu, HI  96813
insuringhawaii.com
Sue Savio
President
Tel # 808.526.9271
sue@insuringhawaii.com
Contacts Erin Claggett
Account Executive
Tel # 808.526.9289
erin@insuringhawaii.com
John Hall
Director of Sales
Tel # 808.526.9273          
john@insuringhawaii.com 
 

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Marco polo 17 18 summary of insurance (final)

  • 1. Type of Policy/Carrier Limits of Liability/Deductibles Premium COMMERCIAL PROPERTY Building Replacement Cost (High‐Rise) $144,871,109 $298,695 First Insurance Company of Hawaii Building Replacement Cost (Parking Garage) $18,300,000 Policy No. POP 1187157 Business Personal Property $300,000 Effective: 08/31/17 ‐ 08/31/18 Equipment Breakdown (Boiler & Machinery) Included Terrorism (Optional Coverage Available for $14,712) Excluded Building Ordinance or Law A) Coverage for Loss to Undamaged Portion of Building Full Limits B) Coverage for Cost of Demolition $2,000,000 C) Coverage for Increased Costs of Construction $2,000,000 Deductible (all covered perils excluding hurricane) $25,000 Hurricane Deductible (2% of the Total Insurable Values) $3,269,422 COMMERCIAL GENERAL LIABILITY General Aggregate Limit $2,000,000 $151,911 First Specialty Insurance Corporation Products/Completed Operations Aggregate Limit $2,000,000 Policy No. IRG 2004116 00 Personal & Advertising Injury Limit $1,000,000 Effective: 08/31/17 ‐ 08/31/18 Each Occurrence Limit $1,000,000 Damage to Premises Rented to You (any one premises) $50,000 Medical Expense Limit (any one person) EXCLUDED Bodily Injury/Property Damage Liability Deductible $5,000 Non‐Owned/Hired Automobile (per occurrence) $1,000,000 COMMERCIAL UMBRELLA Limit of Liability (each occurrence/aggregate limit) $25,000,000 $7,939 Great American Insurance Company Retained Limit $0 Policy No. UM4959365‐UM30102703 Effective: 08/31/17 ‐ 08/31/18 DIRECTORS' & OFFICERS' LIABILITY Limit of Liability (each occurrence/annual aggregate) $2,000,000 $6,670 Continental Casualty Company Deductible (each claim) $2,500 Policy No. 0251108403 Effective: 09/01/17 ‐ 09/01/18 FIDELITY BOND Commercial Crime/Employee Theft $200,000 $894 Great American Insurance Company Deductible (per occurrence) $1,000 Policy No. SSA‐392‐56‐74‐04778‐01 Effective: 08/31/17 ‐ 08/31/18 FLOOD INSURANCE (TOWER) Building $143,000,000 $122,090 First Insurance Company of Hawaii Contents $100,000 Policy No. 0002031726 Deductible $10,000 Effective: 08/31/17 ‐ 08/31/18 FLOOD (PARKING GARAGE) Building $500,000 $4,803 First Insurance Company of Hawaii Contents $100,000 Policy No. 0002031729 Deductible $10,000 Effective: 08/31/17 ‐ 08/31/18 WORKERS' COMPENSATION Bodily Injury by Accident (each accident) $500,000 $36,527 Island Insurance Company, Ltd. Bodily Injury by Disease (each employee) $500,000 Policy No. IWA9720297‐04 Bodily Injury by Disease (policy limit) $500,000 Effective: 09/01/17 ‐ 09/01/18 $629,529 *** If you need proof of insurance for your mortgage company, please email your request to certificates@insuringhawaii.com *** This summary has been prepared for the convenience of the Insured and is not an exact and binding analysis of the coverages. This summary is for your use as a reference only and is not intended to be inclusive of all policy terms, conditions and exclusions. Even though care has been taken in the preparation of this summary, in the event there is a discrepancy, the original policies will prevail as the sole binding documents. Total Premium (Including Taxes and Fees) ASSOCIATION OF APARTMENT OWNERS OF THE MARCO POLO APARTMENTS 2017‐2018 Summary of Insurance 800 Bethel Street #200 Honolulu, HI  96813 insuringhawaii.com Sue Savio President Tel # 808.526.9271 sue@insuringhawaii.com Contacts Erin Claggett Account Executive Tel # 808.526.9289 erin@insuringhawaii.com John Hall Director of Sales Tel # 808.526.9273           john@insuringhawaii.com