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division of risk management


FY2004 PROPERTY/CASUALTY PROGRAM

COVERAGE

SELF-INSURED RETENTION

LIMITS OF INSURANCE
     

PROPERTY — all risk
owned/leased buildings incl. contents and museum fine arts replacement cost coverage, earthquake & flood

$1,000,000 each loss

$100,000,000
     

BOILER & MACHINERY

$50,000

$10,000,000
     

COMBINED LIABILITY (including general liability, auto, professional liability, medical malpractice, director & officers etc.)

Self Insured

  
     

WORKERS’ COMPENSATION

Authorized Self Insured Employer

Statutory Limit
     

MARINE
Vessel Hull & Machinery
Marine P&I Legal Liabilities
Marine Pollution

$1,000,000
$1,000,000
$25,000
Declared Values
$250,000,000
     

FOREIGN LIABILITY

NIL

$1,000,000
     

AVIATION LIABILITY
Airports
Aircraft
$250,000
$250,000
$500,000,000
$10,000,000

EMPLOYEE FIDELITY BOND incl.
Employee dishonesty, computer fraud coverage Faithful Performance

$250,000

$25,000,000

$5,000,000

Note: This list is not detailed and does not include all policies for special exposures - there are policy extensions and limitations not included in this statement - additional information concerning specific areas of coverage are available from Risk Management on request. The policies extend to cover all State agencies.

  State of Alaska         Dept. of Administration         Division of Risk Management

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