Renewal proposal

Torvane Cold Storage, Inc.

Prepared from the documents on file, 17 October 2026. Every figure comes off a page a carrier printed.

3 of 9 rows change between what you have now and what is quoted, and 1 row is not answered by the documents.

	The coverage in force STANDHOPE MUTUAL INSURANCE COMPANY and 1 more 1 March 2026 to 1 March 2027	Renewal option STANDHOPE MUTUAL INSURANCE COMPANY and 1 more 1 March 2027 to 1 March 2028
Each occurrence limit	$1,000,000 each occurrence page 1	$1,000,000 each occurrence page 1
General aggregate	$2,000,000 in the aggregate page 1	$2,000,000 in the aggregate page 1
Retention or deductible	No deductible or retention is printed.	No deductible or retention is printed. The documents do not answer this.
How high the coverage reaches	$11,000,000 across 2 layers	$16,000,000 across 2 layers up $5,000,000
Where the first excess layer attaches	$1,000,000 QUARRYWOOD SPECIALTY INSURANCE COMPANY page 2	$1,000,000 QUARRYWOOD SPECIALTY INSURANCE COMPANY page 2
Restrictions attached	None	None
Total program premium	$60,138 across 2 policies	$70,838 across 2 policies up $10,700
Cost per million of cover	$5,467 for each million of cover	$4,427 for each million of cover down $1,040
Uncovered exposure	$0 $0 carried before insurance responds, $0 in bands nothing responds in, 1 thing that could not be put a figure on	$0 $0 carried before insurance responds, $0 in bands nothing responds in, 1 thing that could not be put a figure on

The towers above each column are drawn to the dollars. Every band is drawn at its own size.

Each row reads the same place in both programs: the policy that pays first, and the first layer above it. Where a policy number carries across the term, the two layers are read as one policy.

Uncovered exposure counts structure only, worked out from the printed figures. What a claim would actually cost is a forecast, and this does not forecast.

The printed sheet leaves off the button above, the way back to the file, and this line.