Game Show Network, LLC
Insurance Proposal
For
Game Show Network, LLC
Prepared by:
SommerChanady
Account Executive
Irene McCleary
Account Manager
HUB International Insurance Services Inc
License No: 0757776
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
TABLE OF CONTENTS
Your HUB Service Team
Named Insured Listing
Commercial Property
General Liability
Commercial Auto
Crime Coverage1
DICE Portfolio Coverage...... 12
D&I/Fiduciary/EPL Coverage...... 13
Professional Liability...... 14
Excess Liability5
Premium Summary and Payment Options
Market Search Results
Terrorism Disclosure
How We Get Paid
The HUB Advantage
Privacy Policy
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
YOUR HUB SERVICE TEAM
We know that as a savvy businessperson, you look for more than a reasonable price – that your insurance program must be comprehensive and thorough, backed by a commitment to service.
We are here to help you understand and minimize the risks your business faces, and creating an insurance program that addresses those risks at a competitive price. The professionals servicing your account:
Account Executive: / SommerChanady - 714 - 922-4213Account Manager: / Irene McCleary - 951 - 779-8559
Claims Department /
(877) 712-5246
ADDITIONAL SERVICES
The risks you and your business face are not limited to those provided by property and casualty insurance. As a full-service provider of insurance and related financial products, we also provide the following products and services:
- Group Employee Benefits
- Homeowners Insurance
- Retirement Plans and Life Insurance
- Global/International Risks
- Group Retirement Programs/401K
- Personal Auto Insurance
- A Variety of Annuities and Investment Products
- Surety Bonds
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
ABOUT HUB
HUB International is a leading brokerage providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services across North America.
We serve our client’s best interest through dynamic people, products and services. It’s simple. We represent you, the buyer. Our business model differs from our competitors in many ways. Each geographic hub is intended to be a stand alone servicing entity, providing the services and expertise to various target industries that are prominent in each geographic region.
We employ information technology to help clients manage risk, meet employee benefit goals, manage claims and save money.
We have clearly outlined our proposed coverage’s and services for your review and consideration. We trust you will find this proposal to be accurate and detailed in nature, and we look forward to working with you.
THE PURPOSE OF THIS PROPOSAL
A commercial insurance program is often complicated. We prepared this insurance proposal to briefly and simply summarize your program.
Any proposal sacrifices some detail for the sake of expediency. Since we could not restate your policies verbatim, we outlined the major features and provisions to provide you with a guide to your insurance program.
INFORMATION YOU PROVIDE
We have relied solely on the information you provided us to prepare this proposal. If any of the information you provided is inaccurate, the terms and conditions, premium, or event the availability of the insurance summarized here may be subject to change.
The quality of your insurance program depends on the accuracy of the information you provide us. There will be times when we require additional information to clarify our understanding of your business.
If at any time you have changes in your business operations, please notify us as soon as possible. This will help us prevent gaps in coverage, which in turn could lead to uninsured losses.
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
FIRST NAMED INSURED
First Named Insured has specific rights and duties under insurance policies that do not apply to other Named Insured. These duties will be specified in the policies.
Named Insured
Game Show Network, LLC
Additional Named Insureds
NameGame Show Network, LLC
Game Show Enterprises, LLC
Montana Production, LLC
Georgina Productions, LLC
Texas Game Ball, LLC
Games Show Network Texas, LP
Altadena Production, LLC
Game Show Network Music, LLC
GSN Music ,LLC
Ventures, Inc.
Skill Jam
World Winner
WorldWinner.com,Inc.
Tea Games
Texas Winnie, LLC
Sony Pictures Cable Ventures, Inc.
DTV Genius, Inc.
Direct TV
CPM Star
Mesmo, Inc.
Please check to insure all appropriate entities are named. Any entity (including Partnerships, corporations, joint ventures, individuals, etc.) not listed above is not included as a Named Insured. Entities with limited interests in policies, such as those who are to be included as an Additional Insured, Loss Payee, Lessor, or Mortgagee, are listed in the relevant coverage sections.
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
COMMERCIAL PROPERTY
The Commercial Property policy covers your buildings, contents or specified other property against perils defined by the form, subject to the terms of the policy. Coverage for off-premises property is limited.
GENERAL INFORMATION
Company / Employers Fire Insurance Company (One Beacon)AM Best Rating / A XI
Effective Date / 03/15/2013
Expiration Date / 03/15/2014
Premium / $20,789
POLICY LIMITS
Location# 1 2150 Colorado Avenue,Los Angeles CA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $500,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Business Personal Property / $500,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Tenants Improvement & Betterments / $3,000,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Actual Loss Sustained Business Income & Extra Expense / $1,500,000 / 72 Hours / 100 / Replacement Cost / Special (Including Theft)
Location# 2 515 N. State Street,Chicago IL
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $50,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Tenants Improvement & Betterments / $10,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Actual Loss Sustained Business Income & Extra Expense - Specified Limit Coverage / $100,000 / 72 Hours / 100 / Replacement Cost / Special (Including Theft)
Location# 3 3030 AndritaStreet,Los Angeles CA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $150,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Business Personal Property / $150,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Actual Loss Sustained Business Income & Extra Expense / $4,000,000 / 72 Hours / 100 / Replacement Cost / Special (Including Theft)
Location# 4 70 InnerbeltRoad,Somerville MA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Business Personal Property / $5,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Actual Loss Sustained Business Income & Extra Expense / $5,000,000 / 72 Hours / 100 / Replacement Cost / Special (Including Theft)
Location# 5 71 Stevenson St., Suite 800,San Francisco CA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $25,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Business Personal Property / $10,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Tenants Improvement & Betterments / $25,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
Location# 6 21 Hickory Dr. 3rd Floor,Waltham MA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/ Stock / $100,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Business Personal Property / $250,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Tenants Improvement & Betterments / $200,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
Location# 7 1065 Avenue of the Americas,New York NY
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $100,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Business Personal Property / $25,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Tenants Improvement & Betterments / $250,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
1 / Actual Loss Sustained Business Income & Extra Expense / $500,000 / 72 Hours / 100 / Replacement Cost / Special (Including Theft)
Location# 8 1205 Technology Parkway, Suite B,Cedar Falls IA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Business Personal Property / $5,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
Location# 9 241 18th Street, Ste. 500,Arlington VA
Bldg. # / Subject of Insurance / Limit / Deductible / Co-ins% / Valuation / Cause of Loss1 / Inventory/Stock / $10,000 / $5,000 / 100 / Replacement Cost / Special (Including Theft)
COMMERCIAL GENERAL LIABILITY
Applies to bodily injury or property damage arising from your negligence in business operations, subject to exclusions. The liability policy does not serve as a warranty for your work.
GENERAL INFORMATION
Company / Liberty Mutual Fire Insurance CompanyAM Best Rating / A XV
Effective Date / 03/15/2013
Expiration Date / 03/15/2014
Premium / $28,400
POLICY LIMITS
Coverage
/Limit
General Aggregate / $2,000,000Products/Completed Operations Aggregate / $2,000,000
Personal Injury and Advertising Injury / $1,000,000
Each Occurrence / $1,000,000
Damage to Premises Rented to You (any one premises) / $300,000
Medical Expense Sub-Limit (any one person) / $5,000
Employee Benefits Liability - Aggregate / $2,000,000
Employee Benefits Liability- Each Occurrence/Each EE / $1,000,000
Employee Benefits Liability – Retroactive Date: / 03/15/2008
TERMS & CONDITIONS
Policy Type: / OccurrenceDeductibles: / N/A
Premium Basis: / See schedule next page
Audit Period: / Annual
RATING BASIS
Classification / Code / Exposure / ExposureBasis
Radio Or TV Broadcasting Stations / 98596 / 355,000,000 / Sales
Motion Pictures-production-studios or outside-All ops prior to development of Negatives / 98092 / 22,221,379 / Payroll
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
COMMERCIAL AUTOMOBILE
The Commercial Auto policy consists of various coverage’s designed to cover exposures arising from the use of specified autos. Coverage varies by auto. Please review this section and the attached schedule for covered autos and coverage’s provided.
GENERAL INFORMATION
Company / Liberty Mutual Fire Insurance CompanyAM Best Rating / A XV
Effective Date / 03/15/2013
Expiration Date / 03/15/2014
Premium / $1,507.00
POLICY LIMITS
Coverage / Covered Auto Symbol / LimitHired and Non-Owned Autos / 8 & 9 / $1,000,000
Covered Auto Symbol Definitions
Symbol 1 / Any Auto / Symbol 2 / All Owned AutosSymbol 3 / Owned Private Passenger Autos / Symbol 4 / Owned Autos Other Than Private Passenger
Symbol 5 / All Owned Auto Which Require No Fault Coverage / Symbol 6 / Owned Autos Subject to Compulsory U.M. Law
Symbol 7 / Autos Specified on Schedule / Symbol 8 / Hired Autos
Symbol 9 / Non-Owned Autos
TERMS AND CONDITIONS
Hired Auto Physical Damage Coverage’s & Deductibles
Coverage Is: / PrimaryComprehensive: / $1,000 Deductible
Collision: / $1,000 Deductible
EXCLUSIONS
Please refer to policy for exclusions.
This proposal is for illustration purposes only. All coverages are subject to term, conditions, limitations and exclusions of the actual policy. In the event of discrepancy between this proposal and the policy, the policy will supersede this proposal.
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Game Show Network, LLC
CRIME COVERAGE`
Commercial Crime program consists of various forms that cover specific exposures. The limits and terms that follow are accompanied by brief explanations of the coverage.
GENERAL INFORMATION
Company / Liberty Mutual Fire Insurance CompanyAM Best Rating / A XV
Effective Date / 03/15/2012
Expiration Date / 03/15/2013
Premium / $11,310
POLICY LIMITS
Crime
Coverage / Each Claim / RetentionA: Employee Dishonesty / $1,000,000 / $10,000
B: Forgery or Alteration / $1,000,000 / $10,000
C: Theft, Disappearance & Destruction / $1,000,000 / $10,000
F: Computer Fraud / $1,000,000 / $10,000
Funds Transfer Fraud / $1,000,000 / $10,000
Money Orders And Counterfeit Paper Currency / $1,000,000 / $10,000
Optional Coverage -Clients Property / $1,000,000 / $10,000
Optional Coverage -Credit Card Forgery / $500,000 / $5,000
EXCLUSIONS
Please refer to policy for exclusions.
DICE PORTFOLIO QUOTE
The Dice Commercial Property policy covers for direct physical loss of or damage to Covered Property from any of the Covered Causes of loss. The loss or damage must commence during the policy period.
GENERAL INFORMATION
Company / Employers Fire Insurance Co.(One Beacon)Effective Date / 03/15/2012
AM Best Rating / A XI
Expiration Date / 03/15/2013
Premium / $22,409
POLICY LIMITS
COVERAGE
Subject of Insurance / Limit / Deductible / Co-ins% / ValuationA.)Props, Sets & Wardrobe / $1,000,000 / $2,500 / 100 / Replacement Cost
B.) Extra Expense / $1,500,000 / $5,000 / 100 / Replacement Cost
C.) Third Party Property Damage / $1,00,000 / $2,500 / 100 / Replacement Cost
D.) Miscellaneous Equipment / $1,500,000 / $3,500 / 100 / Replacement Cost
E.) Negative Film / $2,000,000 / 0 / 100 / Replacement Cost
F.)Faulty Stock & Camera Process / $2,000,000 / $7,500 / 100 / Replacement Cost
G.)Cast / $1,000,000 / $10,000 / 100 / Replacement Cost
Subject of Insurance / Limit / Deductible
Hardware / $5,450,000 / $5,000
Software, Media / $25,000 / $5,000
Extra Expense / $25,000 / $5,000
Subject of Insurance / Limit / Deductible
Money & Currency / $50,000 / $5,000
Subject of Insurance / Limit / Deductible
Civil Authority Coverage (Named Perils- US & Canada) / $100,000 / $15,000
Subject of Insurance / Limit / Deductible
Office Equipment & Furnishings / $50,000 / $2,500
Premium Rate Schedule:
Rate per $100 of GPC
0.15 For the First $5,000,000
0.15 Over $5,000,000
Estimate Gross Production Cost: $5,000,000
D&O/ FIDUCIARY & EMPLOYMENT PRACTICES LIABILITY
D&O policy provides coverage of individual Directors/Officers & the parent organization for “wrongfulacts” as defined by the policy.
Employment Practice Liability insurance protects your organization from claims arising from alleged wrongful acts relating to employees, such as sexual harassment, discrimination, wrongful discharge, etc. These claims are typically excluded in general liability and workers’ compensation policies.
Fiduciary Liability coverage is designed to insure your exposure as the fiduciary of funds held in profit sharing, and other benefit programs.
GENERAL INFORMATION
Company / Great American Insurance CompanyAM Best Rating / A XIII
Effective Date / 03/15/2011
Expiration Date / 03/15/2012
Premium / $83,008
POLICY LIMITS
Employment Practices Liability
Coverage / Each Claim / RetentionEmployment Practices Liability / $5,000,000 / $50,000
$100,000 – Each Third Party Claim
Fiduciary Liability
Coverage / Each Claim / RetentionFiduciary Liability Coverage- $1,000,000 Agg $5,000,000 Retention Retro Date: 03/15/2008 / $5,000,000 / $5,000
$25,000 Each Securities Claim
Executive Liability
Coverage / Each Claim / Retention Insurance Agreement B &/or CDirectors & Officers Liability / $5,000,000 / $25,000-Each claim
TERMS & CONDITIONS
Type of Policy: / Claims MadePrior & Pending Litigation Date / 03/15/2008
Defense / Inside the limit
EXCLUSIONS
Please refer to policy for exclusions.
PROFESSIONAL LIABILITY (ERRORS AND OMISSIONS)
Covers your legal liability for claims arising out of your rendering or failure to render professional services specified in the policy with regards to all “matter” broadcast by the “named insured”.
GENERAL INFORMATION
Company / AXIS Surplus Insurance CompanyAM Best Rating / A XV
Effective Date / 03/15/2012
Expiration Date / 03/15/2013
Premium / $97,636
POLICY LIMITS
Professional Liability
Coverage / Each Claim / Aggregate / RetentionMultimedia Liability Policy- Primary / $5,000,000 / $5,000,000 / $100,000 – Each Loss
TERMS & CONDITIONS
Defense: Outside Policy Limit
EXCESSLIABILITY
Covers catastrophic losses that exhaust the specified underlying liability policy limits. Umbrella Insurance differs from Excess in that it may drop-down to fill gaps in underlying policies.
GENERAL INFORMATION
Company / St Paul Fire and Marine Insurance CoAM Best Rating / A XV
Effective Date / 03/15/2013
Expiration Date / 03/15/2014
Premium / $17,000
POLICY LIMITS
Coverage / Limit of LiabilityGeneral Aggregate / $10,000,000
Each Occurrence / $10,000,000
Products/completed Operations Aggregate / $10,000,000
TERMS & CONDITIONS
Policy Type: / ExcessSelf Insured Retention: / $10,000
Defense Costs: / In Addition to limits
Follow Form of Underlying Policies: / Yes
UNDERLYING SCHEDULE OF POLICIES:
1. General Liability
2.Hired & Non-Owned Auto Liability
3. Employers Liability
4. Employee Benefits Liability
`
EXCLUSIONS
Please refer to policy for exclusions.
PREMIUM SUMMARY & PAYMENT OPTIONS
Premiums shown here are estimated annual premiums. They are based on the information you provided to us. In the event further underwriting information is received which changes the exposures, premium may be subject to change. Final premiums can be affected by audits, periodic reporting forms, retro and dividend plans, changes in your operations (new buildings, vehicles, equipment) and other factors.
ESTIMATED ANNUAL PREMIUMS
Coverage / Expiring Premium / New PremiumCommercial Property / $19,816 / $20,789
DICE Portfolio Quote / $41,339 / $22,409
Commercial Hired/Non-Owned Auto Liability / $1,247 / $1,507
Commercial General Liability / $28,000 / $28,400
Crime Coverage / $10,958 / $11,310
Professional E & O Liability / $88,235 / $97,636
D&O/EPL/Fiduciary Coverage / $65,918 / $83,008
Excess Liability / $13,916 / $17,000
Total / $269,429 / $282,059
*Overall Increase $12,630
*25% increase on the EPLI/D & O.
*10% Increase on E & O partially due to rate and partially due to payroll
Proposal Accepted by: Date:
Name & Title
_____ I approve of receiving policies and other documentation, when available, via electronic mail.
Please Initial.Please consider theENVIRONMENT
Surplus Lines Disclosure
* This proposal provides surplus lines insurance by an insurer not otherwise authorized to transact business in California. This policy would not be subject to supervision, review or approval by the Department of Insurance. The insurance so provided would not be within the protection of any guaranty fund law of California designed to protect the public in the event of the insurer’s insolvency. You will sign an acknowledgement of this when the policy is ordered.