SEC Filings

8-K
PERNIX THERAPEUTICS HOLDINGS, INC. filed this Form 8-K on 02/27/2019
Entire Document
 

 

NO. Coverage Insurance Carrier Policy Period Policy Number Insurance Costs Limits / Coverages Deductibles / Other Considerations
8 Foreign Package Policy Navigators Insurance
Company

11/30/2017 - 05/31/2019

 

Policy
Extension
from
11/30/2018 to
05/31/2019

 

PH17FPK0BIG0RNV

$2,500 11/30/17-18 Premium

 

$1,247 Extension Premium

 

*$3,747 Total Costs for 11/30/2017 - 05/31/2019

 

Includes International GL, Accident, International Auto, Kidnap and Ransom & Workers Compensation Coverages

 

$1,000,000 - International GL - Each Occurrence
$2,000,000 - International GL – Aggregate
$1,000,000 - International Auto - BI & PD
$25,000 - Auto Medical Payments - Any One Accident
Statutory - State of Hire / Country of Origin Benefits – International
Voluntary Workers Compensation
$1,000,000 - International Employers Liability
$250,000 - International Blanket Accident Insurance
$1,500,000 - Maximum Limit Per Accident
$2,500,000 - Kidnap & Ransom

The International General Liability coverage does not provide coverage for Products / Completed Operations.

 

This Automobile coverage does not replace compulsory local requirements overseas.

 

9 Commercial Umbrella Liability Navigators Insurance
Company

11/30/2017 - 05/30/2019

 

Policy
Extension
from
11/30/2018 to
05/30/2019

 

CH17UMF922034IV

$40,253.00 11/30/17-18 Premium
+ $241.51 NJ PLIGA
$40,494.52 Total 17-18 Policy Costs

 

$19,961.00 Extension Premium
+ $119.77 NJ PLIGA
$20,080.77 Total Extension Costs

 

*$60,575.29 Total Costs for 11/30/2017 - 05/30/2019

$5,000,000 - Each Occurrence
$5,000,000 – Aggregate
Excluded - Products / Completed Operations

$10,000 - Retention

 

Underlying Policies: General Liability, Employer’s Liability, Employee Benefits Liability, Foreign Liability

 

10 Excess Liability Endurance American Insurance Company

11/30/2017 - 05/30/2019

 

Policy
Extension
from
11/30/2018 to
05/30/2019

 

Policy Number EXC30000516400

$35,350 11/30/17-18 Premium
+ $212 NJ PLIGA
$35,562 Total 17-18 Policy Costs

 

$17,534 Extension Premium
+ $105 NJ PLIGA
$17,639 Total Extension Costs

 

*$53,201 Total Costs for 11/30/2017 - 05/30/2019

$10,000,000 - Each Occurrence
$10,000,000 - Aggregate (excludes Products / Completed Operations)
Underlying Policy:
Navigators Commercial Umbrella
$5,000,000 - Each Occurrence
$5,000,000 - Aggregate
11 Inland Marine - Transit Underwriters At Lloyds
(Falvey Cargo)
11/30/2018 - 05/31/2019 MC3763-WC3763 $5,235.62 Short-Term Policy Premium
+ $373.97 Terrorism Premium
$5,609.59 Total Short-Term Policy Costs
$1,500,000 - Air Conveyance
$1,500,000 - Land Conveyance
$1,500,000 - Vessel Conveyance
$150,000 - Non Containerized On Deck Conveyance
$50,000 - Exhibition/Trade Fairs
$50,000 - Research Animals (while on any one approved conveyance or at any one approved location)
$50,000 - Extra Expense Each Occurrence
$50,000 - Extra Expense Aggregate
$25,000 - Sales Samples in the care, custody, or control of any one salesperson
$25,000 – Messenger
$10,000 - By any one package shipped via Registered Mail

$10,000 - All Other Perils
$5,000 - Any one package shipped via Registered Mail $20,000 - With respect to any one shipment in excess of $1,000,000 in values

 

Includes $1,500,000 Sublimit for War

 

Note: policy is auditable based on actual values shipped

 

  Total Insurance Program Cost     $ 1,636,560.61    

Schedule 4.29 to Credit Agreement