Sincerely, Scott A Holtzner. Scott A Holtzner 111 Schilling Road, MS B1825 HUNT VALLEY, MD Phone: (443)

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1 Scott A Holtzner 111 Schilling Road, MS B1825 HUNT VALLEY, MD Phone: (443) SHOLTZNE@travelers.com Kevin Drews BIN INS HOLDINGS LLC 30 N LASALLE STE 2500 CHICAGO, IL RE: Insured Name: 6310 HEART PINE DRIVE PENSACOLA, FL Product: for Design Professionals Coverage Account Number: Policy Number: TBD Policy Period: TBD Dear Kevin Drews: On behalf of Travelers Casualty and Surety Company of America we are pleased to provide you with the attached insurance quotation. Our quotation is valid for 30 days and is subject to our review and acceptance of the required underwriting information noted in the Contingencies section. We reserve the right to change the quotes in this document, or to refuse to bind coverage entirely, based on our review of required additional underwriting information or based on adverse change in the risk(s) to be insured prior to the quote expiration date noted in this document. Please visit to access the tools that will allow you to outline the benefits of Travelers 1 st Choice+ SM to your client, including: Descriptions of risk management training tools available to Travelers' insureds, including our Risk Management PLUS+ Online website, and risk management newsletters that you can share with applicants. Coverage highlight checklists to allow you to compare the 1 st Choice+ policy features with competitor coverages. Specimen policy forms, applications, and supplements. You can trust Travelers to be there when you need us, and we have financial strength you can depend on. We're a Fortune 100 company with more than 150 years of insurance experience. Over the years we've consistently earned high ratings for financial strength and claims-paying ability from independent rating services including A.M. Best, Moody's, and Standard and Poor's. Thank you for considering Travelers for your client's insurance coverages. We look forward to discussing this opportunity with you. Sincerely, Scott A Holtzner 2010 The Travelers Companies, Inc. All Rights Reserved Page 1 of 4

2 Quote 1 Coverage Limits Deductible Knowledge Date Retroactive Date Professional Services and Each Claim $1,000,000 $2,000 Inception Inception Network and Information Security Offenses All Claims $1,000,000 $6,000 Limit Type: Defense within the Limit of Liability Deductible Type: Damages and Defense Expenses Term Payment Type Premium Taxes Surcharges Total Premium Total Term Premium 1 Year Prepaid $7, $0.00 $0.00 $7, $7, Quote 2 Coverage Limits Deductible Knowledge Date Retroactive Date Professional Services and Each Claim $1,000,000 $2,000 Inception Inception Network and Information Security Offenses All Claims $1,000,000 $6,000 Limit Type: Defense within the Limit of Liability Deductible Type: Damages Only Term Payment Type Premium Taxes Surcharges Total Premium Total Term Premium 1 Year Prepaid $7, $0.00 $0.00 $7, $7, General Quote Terms Applicable to All Quotes: a. Insuring Company: Travelers Casualty and Surety Company of America b. Effective Date: TBD c. Policy Number: TBD d. Optional Extended Reporting Period: 12 months 125% 24 months 185% 36 months 200% 60 months 240% e. Crisis Event Expenses Limit: $10,000 per event/$30,000 for all Events f. Disciplinary or Regulatory Proceeding Expenses Limit: $25,000 per proceeding/$50,000 for all proceedings g. Commission: 12.50% Note: It is the agent s or broker s responsibility to comply with any applicable laws regarding disclosure to the policyholder of commission or other compensation we pay, if any, in connection with this policy or program The Travelers Companies, Inc. All Rights Reserved Page 2 of 4

3 Important Notice Regarding Compensation Disclosure For information about how Travelers compensates independent agents, brokers, or other insurance producers, please visit this website: If you prefer, you can call the following toll-free number: Or you can write to us at Travelers, Enterprise Development, One Tower Square, Hartford, CT Coverage Disclaimer: THIS QUOTE DOES NOT AMEND, OR OTHERWISE AFFECT, THE PROVISIONS OR COVERAGE OF ANY RESULTING INSURANCE POLICY ISSUED BY TRAVELERS. IT IS NOT A REPRESENTATION THAT COVERAGE DOES OR DOES NOT EXIST FOR ANY PARTICULAR CLAIM OR LOSS UNDER ANY SUCH POLICY. COVERAGE DEPENDS ON THE APPLICABLE PROVISIONS OF THE ACTUAL POLICY ISSUED, THE FACTS AND CIRCUMSTANCES INVOLVED IN THE CLAIM OR LOSS AND ANY APPLICABLE LAW. Form DPL DPL PTC PTC Endorsements Applicable to All Quotes: Description Design Professionals Liability Coverage Pollution Liability Endorsement Professional Liability Terms and Conditions Florida Required Endorsement Endorsements Applicable to Quote 2: (Please refer to the Endorsements Applicable to All Quotes section for additional endorsements applicable to Quote 2) Form PTC Description Damages Only Deductible Endorsement Contingencies Applicable to All Quotes: This quote is contingent on our review and acceptance of the following additional information. Based upon our review, we reserve the right to modify or withdraw this quotation. 1 Copy of Each Principals Resume. 2 signed and dated bridge app 3 signed and dated beazley app Notes: 2010 The Travelers Companies, Inc. All Rights Reserved Page 3 of 4

4 THE PRECEDING OUTLINES THE COVERAGE FORMS, LIMITS OF INSURANCE, POLICY ENDORSEMENTS AND OTHER TERMS AND CONDITIONS PROVIDED IN THIS QUOTE. ANY POLICY COVERAGES, LIMITS OF INSURANCE, POLICY ENDORSEMENTS, COVERAGE SPECIFICATIONS, OR OTHER TERMS AND CONDITIONS THAT YOU HAVE REQUESTED THAT ARE NOT INCLUDED IN THIS QUOTE HAVE NOT BEEN AGREED TO BY TRAVELERS. PLEASE REVIEW THIS QUOTE CAREFULLY AND IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR TRAVELERS REPRESENTATIVE The Travelers Companies, Inc. All Rights Reserved Page 4 of 4

5 INFORMATION NEEDED PRIOR TO BINDING COVERAGE Thank you for your interest in Travelers 1 st Choice+ SM for Professionals. Below you will find a short list of the information your underwriter will need prior to binding coverage. Please: Indicate the desired quote option. Provide all information requested in the contingency section of the quote. All contingencies are subject to underwriting review and approval. Specify whether Agency Bill or Direct Bill, and payment option if Direct Bill is selected. Annual Premium Direct Bill Payment Options $750 or less Full Pay, 2, or 4 payments Greater than $750 Full Pay, 2, 4, 6, or 10 payments QL003A Ed Printed in U.S.A The Travelers Companies, Inc. All Rights Reserved Page 1 of 1

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