 Underwriting   Underwriting Contractul Liability 
  Summary       involves all the words of the
        contractual agreement and an analysis of
        the actual operations of both the potential
        insured and the organization transferring
        its liability; all of this related to the
        insurance coverage.
        
        An aid to the underwriting process, Contractual
        Profile, is attached (Exhibit 1).
        
 PRICING        Contractual Liability coverage is
                judgement rated except for certain
        classifications of contracts in the ISO
        Commercial Lines manual.

        When the risk is a contractor, CLUG 9 or 0, or
        exposures are greater that normal, the initial
        rates for Extension Endorsements and blanket
        coverage are contained in the Guide Liability
        Rates section of these procedures.

        For other Situations, Extension Endorsement
        rating includes charges for the coverage in
        the single percentage rate.
        
        Amendments of contractual coverage.  Adjust
        the following minimum guide charges upward for
        greater exposures:

        + Delete Sole Negligence Exclusion - use the
          rate differential in the Guide Liability Rates.
        
        + Delete Railroad Exclusion - Rate the contract
          individually, or, if no exposure exists, no
          charge.  When there is an exposure, be sure
