Memorandum of Insurance Date: May 19, 2014 This Memorandum is issued as a matter of information only to authorized viewers for their internal use only and confers no rights upon any viewer of Memorandum. This Memorandum does not amend, extend or alter the coverage described below. Copyright 2006 Arthur J. Gallagher Risk Management Services, Inc. Arthur J. Gallagher Risk Management Services, Inc. (“Gallagher”) grants permission to you to view, copy, print and distribute the information found on this Site provided that the above copyright notice appears on all copies, that use is internal to you or for personal noncommercial informational purposes only, and that no modification is made to any materials. Any modification, use, reproduction or distribution of this Site or its contents must be first approved by Gallagher in writing. You will not suffer or permit any unauthorized use of any Gallagher trademark, service mark or logo. This Site and its contents, including but not limited to text, graphics, images, software, copyrights, trademarks, service marks, logos, and brand names (“Content”), are protected under both United States and foreign laws, and Gallagher or its affiliated entities retain all right, title and interest in and to the Content, all copies thereof, and all copyrights and other proprietary rights therein. The information contained herein is as the date referred to above. Arthur J. Gallagher Risk Management Services, Inc. shall be under no obligation to update such information. PRODUCER Lic # 0726293 Companies Affording Coverage Arthur J. Gallagher & Co. Insurance Brokers of California, Inc. 505. N. Brand Blvd, Suite 600, Glendale, CA 91203-3944 Phone: 818-539-2300 Fax: 818-539-2301 Insurer A: AXIS Insurance Company INSURED Insurer D: Liberty Insurance Underwriters Inc. Corinthian Colleges, Inc. 6 Hutton Center Drive, Suite 400 Santa Ana, California 92707 Insurer E: Self Insured Program Insurer F: Federal Insurance Company Insurer B: American Zurich Insurance Company Insurer C: Zurich American Insurance Company Coverages The policies of insurance listed below have been issued to the insured named above for the policy period indicated, notwithstanding any requirement, term or condition of any contract or other document with respect to which this memorandum may be issued by or may pertain, the insurance afforded by the policies described herein is subject to all the terms, exclusions and conditions of such policies. Limits shown may have been reduced by paid claims. CO LTR A C TYPE OF INSURANCE General Liability Automobile Liability POLICY NUMBER MNP772770-14 POLICY EFFECTIVE DATE POLICY EXPIRATION DATE 03/31/14 03/31/15 BAP 5532875-00 03/31/14 03/31/15 Any Auto Hired Autos Non-Owned Auto A Excess / Umbrella Liability MNU772789/01/2014 03/31/14 03/31/15 C Garage Liability BAP 5532875-00 03/31/14 03/31/15 LIMITS LIMITS IN USD$ UNLESS OTHERWISE INDICATED General Aggregate Products – Comp/ Op Aggregate Personal and Advertising Injury Each Occurrence Fire Damage (any one fire) Med Exp (any one person) Combined Single Limit Bodily Injury (per person) Bodily Injury (per accident) Property Damage Each Occurrence Aggregate $ 2,000,000 Included Auto Only (per accident) Other than Auto Only: Each Accident Aggregate $1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 5,000 $ 1,000,000 $ 5,000,000 $ 5,000,000 Memorandum of Insurance Corinthian Colleges, Inc. Date: May 19, 2014 Page 2 of 2 Coverages The policies of insurance listed below have been issued to the insured named above for the policy period indicated, notwithstanding any requirement, term or condition of any contract or other document with respect to which this memorandum may be issued by or may pertain, the insurance afforded by the policies described herein is subject to all the terms, exclusions and conditions of such policies. Limits shown may have been reduced by paid claims. CO LTR B C TYPE OF INSURANCE POLICY EFFECTIVE DATE POLICY EXPIRATION DATE WC 9304937-11 ( AOS ) 07/01/13 07/01/14 WC 9304938-11 ( ID, MA, WI ) 07/01/13 07/01/14 Property 662 7040 03/31/14 03/31/15 Student Medical Professional Liability AHV102698003 05/23/14 05/23/15 10/1/05 Until Cancelled Workers’ Compensation / Employers Liability POLICY NUMBER The Proprietor Partners / Executive Officer are Excluded F D E Student & Extern Corinthian Accident Description of Operations / Other Information: • • • LIMITS LIMITS IN USD$ UNLESS OTHERWISE INDICATED Workers Comp Limits EL Each Accident EL Disease – Policy Limit EL Disease – Each Employee Statutory $ 1,000,000 $ 1,000,000 $ 1,000,000 $5,000,000 – Business Personal Property ”Special Form” subject to $25,000 Deductible Per Occurrence Per Occurrence $ 1,000,000 Annual Aggregate $ 3,000,000 Per Student $ 5,000 Insured Includes the following Divisions and Schools Operated by Those Divisions: • Everest College • Everest Institute • Everest University • Everest University Online, a division of Everest College Phoenix • Everest University Online, a division of Everest University • WyoTech • Heald College, LLC • Heald Education, LLC • Quickstart Intelligence General Liability Policy automatically includes Additional Insureds (including lessors of equipment and/ or premises) where required by written contract General Liability Policy includes coverage for Student Accident excess of the self-insured program. The Memorandum of Insurance serves solely to list insurance policies, limits and dates of coverage. Any modifications hereto are not authorized.