Commercial Lines Proposal Template [COPY]

INSURANCE PROPOSAL Prepared for: Jainish5169 Lodging LLC

MEETING OBJECTIVES How can we make this time meaningful for you today? 8/28/24 Page 2 of 19

WHO WE ARE + Since our beginning in 1952, we’ve held true to our core purpose of leading complex businesses into safety and security. For us here at Snellings Walters, that means being more than just your insurance advisors. It means being your insurance advocates, digging deeper than surface level to find solutions that will lead to better outcomes. AUTHENTIC ACCOUNTABLE CURIOUS ENGAGED Values should be more than just words on a wall. They should be visible in all that you do. We’re proud to say that every-one of our employees’ lives these out every day. We lead to inspire confidence, so your potential is unleashed. We aren’t here to just provide services, but to give powerful advice that will help you control your outcomes. 8/28/24 Page 3 of 19

SERVICE TEAM + HARRISON O'NEAL, CPCU, AAI Producer Phone: (470) 615-4361 Email: honeal@snellingswalters.com + Why Harrison does what he does: To be a trusted advocate for business owners, leveraging industry expertise and relationships to cultivate peace of mind, freeing his clients to focus on what they’re passionate about - their business. Harrison grew up in Roswell, Georgia and is a graduate of Georgia College with a degree in business administration. After starting in the insurance industry as a commercial lines underwriter, he transitioned to the agency side, following in the steps of both his father and grandfather. Harrison is an advisor and advocate for a wide variety of commercial clients, seeking to simplify the insurance process and reduce their total cost of risk. Harrison enjoys learning the people and the story behind the business, then working to craft an insurance program to protect exactly that: the people and the story of the business. He is committed to bettering himself professionally and personally. Professional and spiritual mentorship have made him the man he is today, and he seeks to extend that impact to others. Harrison lives in Atlanta and is active at Christ Covenant Church. Outside of work, Harrison enjoys playing soccer, mountain biking, and spending time with family and friends in the outdoors . + LAUREN LUTTRULL, AR Client Manager Phone: (770) 508-3028 Email: lluttrull@snellingswalters.com + Why Lauren does what she does: To thirve and watch others thrive. Lauren joined SWIA in 2023 as a Client Manager. She graduated from Weber State University in 2003 with B.A. in Cultural Anthropology and then in 2020 with a B.S. in Computer Science. Her insurance career started in 2010 for a nationwide agency, in commercial coverages of all types. She has obtained her CISR and is working toward her CIC designation. She is eager and willing to assist with the day-to-day as well as the more difficult insurance issues that come up. She lives in a rural area of Louisiana and enjoys her family, pets and the outdoors. 8/28/24 Page 4 of 19

+ SHELBY RHODES, CLCS Client Assistant Phone: (470) 574-2021 Email: srhodes@snellingswalters.com + Why Shelby does what she does: To leave things better than I found them. My goal each day is to make a difference, touch a heart, encourage a mind, inspire a soul and enjoy the day. "Do what you can, with what you have, where you are.” Shelby joined the SWIA team as a Client Assistant in 2023. She grew up in Clarksville, TN earning her B.S. in accounting from Austin Peay State University. After college, Shelby took a leap of faith and started in Commercial Insurance. She has grown to enjoy the industry and looks forward to being a forever learner of new things in the insurance industry. Outside of work, Shelby enjoys spending time fishing, being with family, friends and her two dogs, and most of all… watching Tennessee football. 8/28/24 Page 5 of 19

TABLE OF CONTENTS Meeting Objectives 2 Who We Are 3 Service Team 4 Table Of Contents 6 Premium Summary 7 Named Insureds 8 Property 9 General Liability 11 Workers Compensation 14 Insurance & Risk Management Recommendations 16 Other Available Coverages 17 Feedback for SWIA 19 THIS DOCUMENT SUMMARIZES THE PROPOSAL FOR YOUR INSURANCE AND IS NOT A COMPLETE LIST OF EVERY FORM/ENDORSEMENT/EXCLUSION INCLUDED WITHIN THE POLICY. THIS IS NOT A CONTRACT. THE TERMS OF THE POLICY FORMS WILL CONTROL THE INSURANCE CONTRACT WITHOUT REGARD TO ANY STATEMENT MADE IN THE PROPOSAL. 8/28/24 Page 6 of 19

PREMIUM SUMMARY Description of Coverage Renewal Premium Property $52,308 General Liability $33,699 Worker's Compensation Excess Liability Premium Total $ Conditions / Subjectivities • Signed/dated Supplements • Signed/Dated Terrorism Selection form 8/28/24 Page 7 of 19

NAMED INSUREDS on i sat n y t pe i l i m b o a i y L 's C t l r r a e e r k p e o n or r e Named Insured P G W    Jainish5169 Lodging LLC dba Quality Suites Location Schedule Loc Bldg Address 1 1 357 Lee Street, Forest Park, GA 30297 4 Story Hotel With Pool (6069 Sf/Floor) 8/28/24 Page 8 of 19

PROPERTY Named Insured Carrier / A.M. Best Rating Jainish5169 Lodging LLC Covington Specialty/ (A++ ) Policy Dates Policy Number 7/28/2024 to 7/28/2025 Coverage Detail Cause Loc Bldg Subject Amount Val Co-Ins of Loss Deductible 1 1 357 Lee Street, Forest Park, GA 30297 4 Story Hotel W/Pool (6069 Sf/Floor) Building $4,052,344 R 80 Special $25,000 Business Income with Extra Expense $750,000 L 80 Special 24 Hours Business Personal Property $962,500 R 80 Special 24 Hours Valuation Definitions (A) Actual Cash Value (G) Guaranteed Replacement Cost (R) Replacement Cost (B) Business Income Changes (I) Invoice Cost (S) Stated Amount (C) Agreed Amount (Waived Coinsurance) (L) Actual Loss Sustained (T) Total Insured Value and Replacement Cost (D) Reproduction (M) Market Value (U) Full Value Replacement Cost (E) Agreed Amount (Waived Coinsurance) (O) Other (V) Agreed Value (F) Functional Replacement Cost (P) Selling Price (X) Extended Value Replacement Cost 8/28/24 Page 9 of 19

Forms & Endorsements 8/28/24 Page 10 of 19

GENERAL LIABILITY Named Insured Carrier / A.M. Best Rating Jainish5169 Lodging LLC Northfield Insurance / (A++ ) Policy Dates Policy Number PENDING Coverage Detail Description Limits Per Occurrence $1,000,000 Annual Aggregate, Other Than Product $2,000,000 Annual Aggregate, Products & Completed Operations Included Personal and Advertising Injury Aggregate $1,000,000 Fire Damage Liability $100,000 Medical Expense Each Claim $5,000 Innkeepers Liability Each Occurrence $10,000 Innkeepers Liability Aggregate $25,000 Innkeeper Liability Per Guest $2,500 Abuse Molestation Incident/Aggregate $200,000 Schedule of Hazards Loc Bldg Premium Premium Rate Class Code Classification Based On Basis 1 1 357 Lee Street, Forest Park, Georgia 30297 45191 Hotels And Motels - With Pools Or Beaches - Gross Sales $1,300,000 37.632 Four Stories Or More 8/28/24 Page 11 of 19

Additional Coverages 8/28/24 Page 12 of 19

8/28/24 Page 13 of 19

WORKERS COMPENSATION Named Insured Carrier / A.M. Best Rating Jainish5169 Lodging LLC Employers / (A ) Policy Dates Policy Number PENDING Coverage Detail Description Limits Employers Liability: Each Accident $1,000,000 Employers Liability: Disease – Policy Limit $1,000,000 Employers Liability: Disease – Each Employee $1,000,000 Deductible - N/A Workers Compensation: Statutory Benefit GA Locations & Classifications Base St Code Description Payroll Rate Loc 1 357 Lee Street• Forest Park, GA 30297 GA 9052 Hotel, All Employees $120,000 1.66 Included / Excluded Individuals Name Title Included Excluded David Patel President/Owner • Additional Coverages Description Blanket Waiver of Subrogation 8/28/24 Page 14 of 19

COMMERCIAL UMBRELLA Named Insured Carrier / A.M. Best Rating Jainish5169 Lodging LLC Policy Dates Policy Number PENDING Coverage Detail Description Limits Per Occurrence $5,000,000 Annual Aggregate Limit $5,000,000 Products & Completed Operations $5,000,000 Retained Limit $10,000 Underlying Coverages Policy Type Carrier / Policy # Policy Period Limits General Liability PENDING PENDING Each Occurrence $1,000,000 General Aggregate $2,000,000 Products & Comp Ops Pers & Adv Injury Employers Liability PENDING PENDING Each Accident $1,000,000 Disease Each Employee $1,000,000 Disease Policy Limit $1,000,000 8/28/24 Page 15 of 19

INSURANCE & RISK MANAGEMENT RECOMMENDATIONS Lorem Ipsum 8/28/24 Page 16 of 19

OTHER AVAILABLE COVERAGES These coverages are currently not included or not provided, but we recommend you Consider. COVERAGE DESCRIPTION FLOOD/EARTHQUAKE Provides property coverage for losses caused by flood (including mudslide) and earthquake, tremors, or other earth movement (does not include sinkhole). BUSINESS INCOME & EXTRA Covers loss of net income plus continuing expenses including necessary payroll caused EXPENSE by or during a covered loss. Extra Expense covers additional expenses or costs to reduce the Business Income loss. A Business Income worksheet should be completed to determine adequate limits. CRIME/FIDELITY Provides coverage against losses of money, securities and property by such causes as employee dishonesty, theft, burglary, robbery, extortion, or fraud. Deception Fraud: The intentional misleading of a person to include the Insured to part SOCIAL ENGINEERING with Money or Securities by someone pretending to be an Employee, owner of the Insured, or vendor, customer, custodian, or messenger. This deception could occur by phone or email. INLAND MARINE / EQUIPMENT Includes coverage for portable and/or technical equipment along with certain office FLOATER inventory; can include leased/rented equipment. EQUIPMENT BREAKDOWN aka Provides physical damage coverage caused by sudden/accidental explosions, arcing and BOILER/MACHINERY other “breakdowns” of boiler, machinery, and electrical equipment. OCEAN MARINE / CARGO Provides property coverage for your property (supply side or product side) during shipment by you or by carriers for hire – include both ocean and overland. CARGO LEGAL LIABILITY Provides Legal Liability coverage for property of others being transported or held by you – does not include coverage caused by others or acts of nature. BAILEE / TRANSPORTATION Provides property coverage (versus legal liability) for property of others in your care, custody, or control. ELECTRONIC DATA Provides protection on equipment, software, and extra expenses incurred as a result of PROCESSING failure of such equipment caused by an insured loss – can include lost income. BUSINESS AUTO Provides Auto Liability and Physical Damage coverage to your business autos. Can include coverage for rental cars and use of employee-owned autos. DRIVE OTHER CAR Provides Personal Auto Liability to named individuals who do not have a personal auto policy of their own (typically for owners, officers, and directors). EMPLOYMENT PRACTICES Protection for claims brought by employees for discrimination and hiring/firing practices LIABILITY – can include coverage for 3rd parties. Includes defense and settlement. DIRECTORS/OFFICERS Provides defense and settlement to protect officers and directors of an organization LIABILITY against damages from claims resulting from alleged negligent or wrongful acts. TRUSTEE/FIDUCIARY LIABLITY Liability protection for those who administer pension and welfare funds, profit-sharing, or other benefit programs against loss by errors or omissions. PROFESSIONAL LIABILITY Coverage for liability resulting from mistakes made by a professional (lawyer, engineer, etc.) or for mistakes made in a service business (real estate, insurance, etc.). 8/28/24 Page 17 of 19

COVERAGE DESCRIPTION CYBER/NETWORK SECURITY/ Provides defense and settlement from claim of computer virus, malicious code, DATA BREACH LIABILITY computer theft, extortion, or other mistake or error by your employees on the job. INVOICE MANIPULATION Provides coverage for when the customers or vendors of an Insured are tricked by a Bad Actor using legitimate email and data of the Insured to get the customer or vendor to alter a payment or delivery of products, services, or goods to the wrong location that is controlled by the Bad Actor. EMPLOYERS LIABILITY STOP- Provides Employer Liability coverage in those state-controlled work comp programs that GAP COVERAGE do not include employers’ liability coverage (OH, WY, ND, and WA). MONOPOLISTIC WORKERS If you have employees in these states, the employer is required to purchase Workers COMPENSATION: Compensation directly with the state and therefore coverage is not provided under your ND, WY, WA, OH workers compensation policy with us. UMBRELLA / EXCESS LIABILITY Higher Limits are Available. POLLUTION COVERAGE Provides coverage for costs related to pollutants – sudden and accidental release of hazardous materials. Typical coverage includes cleanup and restoration as well as your liability for injury and death resulting from a Pollution occurrence. The policy can be issued to cover your premises, other’s premises, ‘over the road’, or for a specific job. PRODUCT RECALL Provides coverage for expenses associated with recalling a product from the market. Product recall insurance is typically purchased by manufacturers to cover costs such as customer notification, shipping costs, and disposal costs. CREDIT INSURANCE Credit Insurance should be considered when transacting with vendors overseas as well (ACCOUNTS RECEIVABLE) as here domestically. Credit Insurance reimburses bad debt losses from insolvency and bankruptcy situations. INTERNATIONAL LIABILITY Provides coverage for Individuals who live and work in the United States and occasionally travel overseas for business trips. For permanent operations in foreign countries, a separate foreign liability policy is required. Coverage can be purchased for General Liability, Hired Auto Liability, Accident/Disability/Dismemberment, Kidnap & Ransom, and Workers’ Comp. TRAVEL ACCIDENT Travel Accident Insurance provides accidental death and dismemberment benefits for employees while traveling abroad on company business, at the work site during their hour basis for employees. Coverage for War Risk and Political Evacuation job, or on a 24- may be available. 8/28/24 Page 18 of 19

FEEDBACK FOR SWIA Please share any input you have for our team. 8/28/24 Page 19 of 19