ForeFront Portfolio 3.0SM Coverage Features - …

1 BUSINESS INSURANCE. PRIVATE COMPANIES. ForeFront Portfolio Coverage Features ForeFront Portfolio is a comprehensive insurance solution designed speci cally to help small to midsized private companies cope with a range of potentially devastating threats to their nancial well-being. Companies can select from a Portfolio of nine optional, integrated, exible coverages, including their choice of combined or separate limits of liability available for the liability Coverage parts. Coverage Parts General Terms & Conditions Directors & Of cers and Entity Liability For All Coverages: Helps protect against the exposures associated with t Automatic Coverage for newly created and acquired the management actions and decisions of a company's subsidiaries without a reporting requirement.

2 Directors and of cers. t Coverage continues through reorganization until the Employment Practices Liability (EPL) parent organization emerges from bankruptcy. Helps protect against allegations stemming from t Streamlined claims notice provision: Notice to Chubb employment-related wrongdoing and helps mitigate EPL. of loss under any Coverage part is deemed to be notice exposures through optional state-of-the-art loss prevention under the entire policy. services, where permitted. t Non-cancelable by Chubb, except for nonpayment of Fiduciary Liability premium. Helps protect companies, their bene t plans, and their duciaries against exposures resulting from breaches of For Liability Coverage Parts: duciary duty and allegations of errors and omissions in the t Enhanced reporting provision when renewed administration of bene t plans.

3 With Chubb. Miscellaneous Professional Liability t Coverage for insured persons' spouses and domestic Helps protect a diverse segment of professional service partners for such insured persons' wrongful acts. providers against allegations of errors and omissions. t No settlement provision. Subject to the applicable Employed Lawyers Liability aggregate limit of liability, no cap on Chubb's liability Helps protect companies and their in-house attorneys from in the event the insured refuses to consent to a allegations of errors and omissions in connection with the recommended settlement. provision of legal advice and services. t Loss includes punitive, exemplary, and multiplied CyberSecurity (including cyber liability and ve optional damages, where permitted by law, in the venue most rst-party coverages, most notably privacy noti cation and favorable to the insured.)

4 Crisis management expense) t Coverage for sold subsidiaries, whether sold before or Helps protect companies from the costs associated with during the policy period, continues during the policy cyber risks. period for acts committed during time as a subsidiary. Crime t Bilateral extended reporting period; any insured has Helps protect companies from the costs associated with right to purchase. employee theft and third-party crime. t Coverage is fully non-rescindable. Kidnap Ransom and Extortion Helps protect companies against a wide range of expenses Directors & Of cers and Entity Liability associated with incidents of kidnapping and extortion, t Broad de nition of insured includes the parent including the cost of optional crisis management services, organization, subsidiaries, directors, or of cers including where permitted.

5 Foreign equivalents, members of advisory boards, board Workplace Violence Expense of managers and management committees, employees, Helps protect companies against a wide range of expenses and volunteers worldwide. associated with incidents of workplace violence, including the t Automatic nonpro t outside directorship Coverage for cost of optional crisis management services, where permitted. insured persons. t $500,000 sublimit for security holder derivative demand Credit Reporting Act, or information obtained through evaluations cost Coverage . employment-related background checks. Also includes t Optional additional $500,000 Side A dedicated limit employment-related false imprisonment when alleged for executives. as part of an employment claim for an employment- related wrongful act.

6 T Broad de nition of claim for insured persons includes written demands for monetary or non-monetary relief; t Third-party wrongful act de nition includes civil and criminal proceedings; formal regulatory, harassment (not just sexual harassment). administrative, and arbitration proceedings; requests t De nition of wrongful employment decision includes for extradition; and Side A subpoena defense costs wrongful or negligent employee reference. Coverage . t Broad de nition of wrongful termination.. t De nition of claim for organization includes formal t De nition of retaliation includes violation of any law, administrative or regulatory proceedings when named including Section 806 of Sarbanes Oxley. as co-defendant with insured persons. t Labor management relations exclusion includes t Civil nes and civil penalties Coverage where insurable for carveback for retaliation.

7 Insured persons, including Foreign Corrupt Practices Act (FCPA) civil penalties. Fiduciary Liability t Streamlined insured v. insured exclusion includes exceptions for nancial impairment, former executives t Coverage for claims made against the insured for a after one year, claims brought outside the United States wrongful act by any natural person for whose wrongful and Canada, whistleblower and employment claims acts the insured becomes legally liable. against insured persons, and non-executive employee t Amended pollution exclusion with carveback for shareholder claims. diminution of securities owned by a plan. t Conduct exclusions include nal non-appealable t De nition of claim includes arbitration and mediation adjudication language. proceedings and requests for extradition of an insured t Private placement and failed initial public offering (IPO) person.

8 Coverage . t De nition of insured includes committees established t Provides a full Side A carveback to the pollution exclusion. by an organization with respect to a sponsored plan. t Guaranteed IPO quotation including Coverage for road t Final adjudication for fraud and pro t exclusions. show presentations. t Provides order-of-payments schedule in the event of the organization's bankruptcy. Employment Practices Liability t No exclusion for failure to collect contributions. t Third-party Coverage included. t Voluntary settlement program Coverage with sublimit of t Separate aggregate limits for employment claims and $150,000. third-party claims available. t In addition to pre-judgment and post-judgment t claim de nition clearly states when a claim is deemed interest, loss includes: to have been made.

9 HIPAA civil penalties Coverage with sublimit t With respect to administrative, regulatory, or tribunal of $150,000. proceedings, if the insured is not issued a notice of Coverage for civil penalties under 502(c) of ERISA. the charge, we deem the claim to be made when the with sublimit of $50,000. insured receives such notice of charge. Coverage for civil penalties under 502(j) and 502(l) of t Broad de nitions of employment discrimination and ERISA. employment harassment include genetic information and bullying, respectively. t Investment loss carveback to bene ts-due provision. t Coverage for independent contractors expanded to t Broad de nition of sponsored plan includes plans not include those independent contractors that are subject subject to ERISA, any fringe bene t or excess bene t to an agreement between an entity on behalf of the plan, and Voluntary Employee Bene ciary Associations independent contractor and the organization.

10 (VEBAs). t Broad de nition of loss includes liquidated damages t Broad de nition of insured person extends to awarded pursuant to the Family Medical Leave Act members of the advisory board of an organization. and Coverage for back pay, front pay, and claimant's t Optional Coverage available by endorsement for Patient attorney's fees. Protection and Affordable Care Act civil penalties, IRS. t Workplace tort de nition includes employment- Section 4975 penalties, and additional limit of liability related invasion of privacy, including unauthorized for defense cost Coverage . disclosure of employee's medical information [violation of the Health Insurance Portability and Accountability Act (HIPAA)], credit information in violation of the Fair Miscellaneous Professional Liability t No exclusion for claims brought by or on behalf of the insured organization in the event of nancial t Claims-made Coverage with as soon as practicable.