October 24, 2001

Insured:

Policy # ____________

Subject: Less than standard passenger seating.

Dear:
You have purchased Excess Liability Insurance at a premium based on less than the standard seating capacity for the make and model aircraft you are operating. In consideration of the reduced premium charged, the coverage provided by this Excess Liability Policy is conditioned so that no coverage applies if the insured aircraft has more than ___ occupants including the crew.

Please sign and return this letter to us confirming that you agree to this limitation in coverage.

___________________________________________________

Signed and Acknowledged by

Insured

Date