Seafarer Marine Commercial Vessel Insurance Binder

This shows the premiums for the general coverages described, but in no way changes or affects
any terms, conditions or exclusions of policies as actually issued. Premiums shown are based on
information furnished to the company.

Effective Period: «This.EffectiveDate» to «This.ExpiryDate»

Policy Number: «This.PolicyNumber»
Insured Name: «This.Member»
Insured Address: «This.Member.CustomText26»«{This.Member.CustomText26}
d/b/a»«{This.Member.CustomText26} d/b/a»
Beneficial Owner:

Description of Vessel
Year Built: «This.#ProposalCoverage.Year-####»
Length: «This.#ProposalCoverage.CustomNumber20»
Manufacturer: «This.#ProposalCoverage.CustomText8»
Model: «This.#ProposalCoverage.CustomText9»
Vessel Name: «This.#ProposalCoverage.CustomText11»
Hull ID: «This.#ProposalCoverage.CustomText4»
Mooring Location: «{This.#PrimaryMooring.Name} {This.#Prima»

Coverages and Amounts of Insurance: Limits Deductibles Premium

Hull & Equipment «This.#COV_Hull.L» «This.#COV_Hull.
»«This.#COV_Hull.DL»
«This.#COV_Hull.DL»
«This.#COV_Hull.Lighti
ngValue» Lightning
«This.#COV_Hull.Wind
Value» Wind
Towing and Assistance «This.#COV_Towing. «This.#COV_Towing.D
L»«This.#COV_Towi »«This.#COV_Towing.
ng.L» D»
Personal Property «This.#COV_Pollutio «This.#COV_Pollution.
n.L»«This.#COV_Per L»«This.#COV_Person
sonalProp.L» alProp.D»
«IF:{This.#COV_Trailer_Count.count}>0»Tra «IF: «IF:
iler«ENDIF» {This.#COV_Trailer {This.#COV_Trailer_
_Count.count}>0» Count.count}>0»«E
«ENDIF» NDIF»
Mortgagee Amount «This.#COV_Mortga «This.#COV_Mortgage
gee.L»N/A e.D»N/A
«This.#COV_Hull.P»
«This.#COV_Towing.
D»«This.#COV_Towi
ng.P»
«This.#COV_Pollutio
n.L»«This.#COV_Per
sonalProp.P»
«IF:
{This.#COV_Trailer
_Count.count}>0»
«ENDIF»
«This.#COV_Mortga
gee.P»N/A

Section II – Liability Insurance

Protection & Indemnity «This.#COV_P&I.L» $500 (BI) «This.#COV_P&I.P»
N/A $1,000 (PD)
Medical Expense (Per Person) «This.#COV_Pollutio «This.#COV_Pollution. «This.#COV_Pollutio
n.L»«This.#COV_Me L»«This.#COV_Med.D n.L»«This.#COV_Me
d.L» » d.P»

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 «IF: «IF: «IF: «IF:
{This.#COV_Pollution_Premium.Premium}> {This.#COV_Polluti {This.#COV_Pollutio {This.#COV_Polluti
0»Pollution Buy Back«ENDIF» on_Premium.Pre n_Premium.Premiu on_Premium.Pre
mium}>0»«This.# m}>0»«This.#COV_P mium}>0»«This.#
COV_Pollution.L»« ollution.D»«This.#C COV_Towing.D»«T
This.#COV_Polluti OV_Pollution.D»«EN his.#COV_Pollutio
on.L»«ENDIF» DIF» n.P»«ENDIF»
«IF:{This.#COV_SPCS.Premium}>0»Six Pack «IF: «IF: «IF:
Charter Surcharge«ENDIF» {This.#COV_SPCS.Pr {This.#COV_SPCS.Pre {This.#COV_SPCS.Pr
emium}>0»«This.#C mium}>0»«This.#COV emium}>0»«This.#C
OV_SPCS.L»«ENDIF» _SPCS.D»«ENDIF» OV_SPCS.P»«ENDIF
»
«IF:{This.#COV_LossOfUse.Premium}>0»Loss Of «IF: «IF: «IF:
Use«ENDIF» {This.#COV_LossOfU {This.#COV_LossOfUse {This.#COV_LossOfU
se.Premium}>0»«Th .Premium}>0»«This.#C se.Premium}>0»«Th
is.#COV_LossOfUse. OV_LossOfUse.D»«EN is.#COV_LossOfUse.
L»«ENDIF» DIF» P»«ENDIF»
«This.#COV_TERRO «This.#COV_TERROR. «This.CustomMoney
R.L» D» 17»
«IF:{This.#COV_UIBOATER.Limit}>0»Uninsured, «IF: «IF: «IF:
Underinsured and Unidentified {This.#COV_UIBOAT {This.#COV_UIBOATER {This.#COV_UIBOAT
Watercraft«ENDIF» ER.Limit}>0»«This.# .Limit}>0»«This.#COV_ ER.Limit}>0»«This.#
COV_UIBOATER.L»« UIBOATER.D»«ENDIF» COV_UIBOATER.P»«
ENDIF» ENDIF»
Total Premium: «This.Premium»

Billing: «This.#BillingAmount.Bill»

Commission: «This.Commission»

Navigational Limits:

Captain: «This.#Crew.C»

Alternate Captain: «This.#Crew.AC»

Special Terms and Conditions:

This quote is subject to all terms and conditions of the following:

«IF:{This.#Crew.Paid}==1»
Copy of Captain's Resume and License«ENDIF»
«Range:Start:This.#Seafarer_Subjectivity»
«This.Description»«Range:End:This.#Seafarer_Subjectivity»

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Name and Address of Mortgage or Loss Payee (if any): «Range:Start:This.#LossPayeeInfo»
«This.Ins»
«Range:End:This.#LossPayeeInfo»

Name and Address of Additional Insured (if any): «Range:Start:This.#AddInsuredUpdated»

«This.Ins»
«Range:End:This.#AddInsuredUpdated»

Additional Policy Coverages:

«IF:{This.#COV_SPCS.Premium}>0»Six Pack Charter Surcharge*«ENDIF»
«IF:{This.#COV_LossOfUse.Premium}>0»Loss of Use – Up to $5,000«ENDIF»
«IF:{This.#COV_Pollution_Premium.Premium}>0»Pollution Buy Back*«ENDIF»Trailer – Up to $5,000
Mortgagee Amount
Essential Document Coverage – Up to $1,000
Precautionary Haul-Out Coverage – Up to $1,000
Newly Acquired Vessel -see policy form
Marine Environmental – Up to $250,000 per occurrence
Operating Other Vessels- Up to $100,000

*By endorsement only

Policy: Seafarer Marine Commercial Vessel Policy

Coverage is “all risk” subject to policy form terms, limitations, and exclusions

Security: «This.Carrier»

Quoted: «This.AppSubmitDate»
Bound: «This.BoundDate»

This Seafarer Marine Commercial Vessel binder is valid for thirty (30) days from the date of this proposal.

Signed:

Thomas G. Murphy
Name: Thomas G. Murphy
Company: Seafarer Marine Insurance

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