What it does
Like IL 09 85, IL 09 99 is attached in response to TRIA's disclosure requirements and grants no coverage. Its schedule splits the certified-acts terrorism premium into:
- (A) Premium through the end of the year shown in the schedule.
- (B) Estimated premium beyond that date.
It also discloses the federal share of terrorism losses by year and the $100 billion cap on federal and insurer participation.
Why it exists
When a policy period crosses a date on which program terms change, or extends beyond a stated year, the insurer discloses the premium for the known period and an estimate for the remainder. A policy filed in a 2022 federal case, for example, showed premium through 12/31/20, an estimated premium beyond that date, and an 80% federal share for 2020.
