2022 09 06 Item VIII. E. Exhibit 09INDING AUTHORITY
Exhibit 9
9/6/2022
CITY OF OKEECHOBEE
2022 — 2023 RENEWAL PROPOSAL
PROPERTY & CASUALTY INSURANCE
PRESENTED: AUGUST 22, 2022
AFTER CAREFUL CONSIDERATION OF THE REFERENCED PROPOSAL, WE ACCEPT YOUR INSURANCE PROGRAM AS
INDICATED WITH AN "X" BELOW:
PROPERTY & CASUALTY COVERAGES
PRM PROPERTY & CRIME
$78,217
PREMIUM BREAKDOWN : •
YES NO
$79,8S4
PRM EQUIPMENT BREAKDOWN
$0
$0
PRMGL/LEL/AL/E&O/EXCESS LIABILITY
$95,380
$102,378
PRM WORKERS' COMPENSATION
$1251812
$131,858
PREFERRED MEMBER PARTICIPATION CREDIT
•S1,497
-54,711
GRAND TOTAL0•
• •COVERAGES
CYBER LIABILITY
INCLUDED
INCLUDED
POLLUTION LIABILITY
N/A
N/A
AVIATION LIABILITY
N/A
N/A
PAYMENT PLAN: PRM ALLOWS THEIR MEMBERS TO PAY THEIR TOTAL COSTS IN FOUR (4) QUARTERLY INSTALLMENTS, THE
FIRST INSTALLMENT IS DUE ATINCEPTION AND IS EQUAL TO 25% OF ALL COSTS. THE REMAINING COSTS WILL BE PAID OVER THE
NEXT THREE (3) QUARTERS.
THIS WARRANTS THAT YOU HAVE NO KNOWLEDGE OF ANY CLAIM, OR INCIDENT THAT MAY RESULT IN A CLAIM, THAT HAS NOT
BEEN REPORTED TO THE INSURANCE CARRIER.
IT 15 UNDERSTOOD AND AGREED THAT REFERENCED PROPOSAL PROVIDES ONLY A SUMMARY OF THE INSURANCE PROGRAM
OPTIONS OFFERED. THE ACTUAL POLICIES WILL CONTAIN THE COMPLETE TERMS, CONDITIONS, DEDUCTIBLES, EXCLUSIONS,
ETCETERA. PLEASE REVIEW POLICY LANGUAGE FOR A FULL UNDERSTANDING OF PURCHASED PROGRAM.
Member Signature
Print Member Name
Date
SIGNED BINDING AUTHORITYTO BE RETURNED BY 09/15/2022
THIS DOCUMENT IN ITS ENTIRELY 15 CONFIDENTIAL & PROPRIETARY IN NATURE - NOT FOR PUBLIC RECORD.
WORLD 21
Risk Management