EX-99.(1) 2 a13-27074_4ex99d1.htm EX-99.(1)

Exhibit 99.(1)

 

Willis Limited

51 Lime Street London EC3M 7DQ United Kingdom

Telephone: +44 (0)2031246000 Fax: +44 (0)2031248223 Website: www.willis.com

 

Willis of New York, Inc.

One World Financial Center

200 Liberty Street

New York

NY 10281

United States

 

 

Please quote our reference in all correspondence relating to this Contract: Our Reference: 20870P13

 

 

 

Date: 23 July 2013

 

Dear Sirs

 

ADDENDUM NUMBER 0001

 

We hereby confirm that we have made the following Addendum an effective part of Evidence of Cover Number 20870P 13. Please check this document carefully to ensure that it meets your requirements in all respects and should any amendments be required please inform us immediately.

 

INSURED:

 

Aberdeen Chile Fund, Inc.

Aberdeen Emerging Markets Telecommunications &

Infrastructure Fund, Inc.

Aberdeen Israel Fund, Inc.

Aberdeen Indonesia Fund, Inc.

Aberdeen Latin America Equity Fund, Inc.

 

 

 

TYPE:

 

Insurance of:

Directors & Officers and Company Reimbursement Insurance

Professional Indemnity Insurance

Comprehensive Crime Insurance

 

 

 

EFFECTIVE DATE:

 

1 July 2013 at 00.01 local standard time at the Principal Address of the Named Insured.

 

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It is hereby understood and agreed that with effect from the Effective Date above, the Limit of Liability for Section Two is amended to read as follows:-

 

LIMIT OF LIABILITY

SECTION TWO

 

Insuring Agreement A

 

FIDELITY

 

USD

2,800,000

 

Insuring Agreement B

 

AUDIT EXPENSE

 

USD

50,000

 

Insuring Agreement C

 

ON PREMISES

 

USD

2,800,000

 

Insuring Agreement D

 

IN TRANSIT

 

USD

2,800,000

 

Insuring Agreement E

 

FORGERY OR ALTERATION

 

USD

2,800,000

 

Insuring Agreement F

 

SECURITIES

 

USD

2,800,000

 

Insuring Agreement G

 

COUNTERFEIT CURRENCY

 

USD

2,800,000

 

Insuring Agreement H

 

UNCOLLECTIBLE ITEMS OF DEPOSIT

 

USD

25,000

 

Insuring Agreement I

 

PHONE/ELECTRONIC TRANSACTIONS

 

USD

2,800,000

 

Insuring Agreement J

 

COMPUTER SECURITY

 

USD

2,800,000

 

Insuring Agreement K

 

VERIFICATION AND RECONSTITUTION EXPENSES

 

USD

250,000

 

Insuring Agreement L

 

FRAUDULENT RETENTION OF FUNDS OR PROPERTY

 

USD

1,000,000

 

Insuring Agreement M

 

EXTORTION

 

USD

2,800,000

 

 

and as more particularly set forth in the Contract Wording

 

With effect from the Effective Date above, the “PREMIUM” is amended as follows:-

 

ADDITIONAL PREMIUM:

 

USD 3,500.00 in full for 100% for the period.

 

All other terms and conditions remain unaltered.

 

 

 

 

Willis Limited. A Willis Group Company. A Lloyds broker. Willis Limited is authorised and regulated by the Financial Conduct Authority. Registered office 51 Lime Street, London EC3M 7DQ. Registered number J81116 England and Wales Registered VAT number GB 334 1289 70 number GB 334 1289 70

 

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