OPTIONAL TENANT CANCELLATION INSURANCE

OPTIONAL TENANT CANCELLATION INSURANCE

YOUR ADHESION TO CONTRACT NO. 65.529.353 GOVERNED BY THE FRENCH INSURANCE CODE

The purpose of this contract is to grant the guarantees defined below to short-term rental customers, for any property rented in the countries of the European Union, Switzerland, Malta, Monaco, Andorra and Saint-Barthélemy.

POLICYHOLDER / INSURER

Any individual tenant, French or foreign, renting furnished accommodation for a short period.

The policyholder, his or her spouse (including cohabiting partner or partner in a civil partnership) and any other person (not related) named on the registration form for the present contract and who benefits from the said rental; their ascendants or descendants to the 2nd degree; their son-in-law or daughter-in-law; brother or sister; uncle or aunt; nephews or nieces.

SHORT-TERM RENTAL: Stay of less than 90 days in premises where the insured does not own or rent on a year-round basis.

LOCATIONS: Dwelling house, apartment, hotel room, caravan, mobile home, riverboat.

INSURER: TOKIO MARINE KILN - 6-8, boulevard Haussmann 75009 PARIS -RCS Paris B-382096071

BROKER: Cabinet ALBINET, Société de Courtage d'Assurance, under the trademark ADAR, SA au Capital 250 000 euros - RCS Paris B 582 136 289.

HOW THE WARRANTY WORKS

ADAR cover is acquired by payment of the premium, for which the rental price stipulated in the rental contract serves as the basis for compensation, and/or by separate subscription form. Ancillary services such as transport may be covered, provided they are combined with the rental reservation and the premium also covers these services.

INTERRUPTION AND HOLIDAY CANCELLATION cover applies provided that the insurance has been taken out before the start of the rental period, and within a maximum period of 10 days following signature of the rental contract or payment of the deposit.

If the insurance has been taken out after the maximum period of 10 days following the signing of the rental contract or the payment of the deposit, INTERRUPTION AND HOLIDAY CANCELLATION cover will only become effective after a waiting period of 7 days, during which no cover can be taken out (except for the occupant's Civil Liability cover, which takes effect at noon on the day following payment of the premium).

If the rental contract provides for several families, each one is guaranteed for its share; the rental contract is not cancelled and, in this case, the indemnity is not paid.

insurance covers the arithmetical share of the family concerned. It is the responsibility of the signatory of the rental contract to provide the intermediary with the names of the co-owners.

Cover ceases automatically on the insured's arrival on the premises or on the date of interruption of the stay, except for "Search and Rescue" and "Occupant's Civil Liability" cover, for which cover ceases as soon as the keys are handed over to a representative of the approved intermediary.

GUARANTEE

1-In the event of cancellation.

The Insurer guarantees the Insured reimbursement of sums paid as deposits and the balance due in the event of cancellation of a stay for the following events, up to a limit of 10,000 euros per claim, regardless of the number of beneficiaries.

1. a) Serious illness, serious injury or death of the Insured or any other person mentioned in the rental contract and benefiting from the said rental.

Serious illness or injury means any new deterioration in health or bodily injury, any unforeseeable worsening of a pre-existing illness, any psychological or psychotherapeutic illness requiring hospitalization for at least 3 days, or any complications due to pregnancy up to the 28th week, preventing the insured from leaving the home or hospital where he/she is being treated at the start of the rental period, justified, for salaried employees, by hospitalization or work stoppage of at least eight continuous days, and by a medical certificate specifying the aforementioned prohibition, and for non-salaried employees, by hospitalization of at least eight days or by a medical certificate prohibiting the insured person from leaving the room for at least eight days, and in addition, for spa visitors, proof that their statutory health insurance scheme covers reimbursable expenses without means-testing.

1. b) Material damage resulting from theft, fire, explosion and similar events, water damage, or a natural event affecting your main and/or secondary residence and/or business premises, the seriousness of which makes it essential for you to be present on the day of departure, or during your stay, in order to complete the necessary formalities.
2. c) Inability to take possession of the rented premises as a result of redundancy or transfer of the Insured or his/her spouse, as notified by the employer, provided that the employer's notification is subsequent to the effective date of coverage, and provided that the Insured was not aware of any of the above situations at the time of taking out the present contract; obtaining paid employment or an internship before or after the rental dates, while the insured person was registered as unemployed, provided that this is not a case of contract extension or renewal, or an assignment provided by a temporary employment agency.
3. d) Inability to reach the rented premises by road, rail, air or sea on the day scheduled for taking possession of the rented premises and for 48 hours thereafter, as a result of roadblocks or strikes directly impeding traffic, as certified by the mayor of the commune of the vacation residence.
4. e) If the Insured is forced to cancel or renounce his/her stay within 48 hours before or after the contractual rental start date, due to the prohibition of sites by reason of pollution, flood, fire, natural event or epidemic. These risks will be deemed to have occurred under the terms of the present contract when the site has been totally banned within a radius of five kilometers of the rental site by decision of a municipal or prefectural authority during the insured rental period.
5. f) Following an administrative or legal summons that cannot be postponed.

SA de courtage d'assurances au capital de 250.000 € 5 Cité de Trévise - 75009 PARIS - 582 136 289 RCS PARIS - N° de TVA intra communautaire FR 24 582 136 289 00029 Code NACE 6622 Z - Numéro d'immatriculation ORIAS (www.orias.fr) 07 000 044

1. g) Unavailability of the rented premises, preventing use, as a result of a fortuitous event such as fire, storm, water damage or other natural event occurring within 60 days of the rental start date.
2. h) Refusal of visa by the authorities of the country, no application must have been made previously and refused by these authorities for the same country. Proof from the Embassy will be required.
3. i) Theft of identity card or passport 48 hours before departure.
4. j) Failure to arrive at the rental location on the day scheduled for taking possession of the rented premises as a result of theft or attempted theft of the vehicle.
5. k) If the insured's vacation dates have been changed by his employer.

2- In the event of interruption of stay

Reimbursement of rent not accrued as a result of interruption of stay, due to one of the events listed in STAY CANCELLATION cover in paragraphs a), b) e) f) and g), up to a limit of 10,000 euros. The compensation payable by the Insurer is determined for an injured party in proportion to the number of occupants and the number of days remaining.

3- Search and rescue costs

For the duration of the stay, the insurer covers the cost of search and rescue, in the mountains or at sea, by specialized teams to come to the insured's rescue, up to a maximum of €3,050 per event, regardless of the number of people registered on the contract and benefiting from the rental.

4- Civil liability of the occupant for property damage, the Insurer guarantees :

The insurer will cover :

1. a) Rental liability

As a result of fire, explosion, water damage or frost on the premises, the financial consequences of the liability of tenants or occupants under articles 1732 to 1735 and 1302 of the French Civil Code for damage caused to movable and immovable property belonging to the owner of the rented property (except rented boats), expert fees and travel or replacement expenses, as well as relocation expenses made essential following an insured loss.

The insurer also covers financial consequences, loss of rent or deprivation of use suffered by the owner. Damage to other boats is excluded.

This guarantee covers up to 1,500,000 euros for all types of damage.

1. b) Recourse by neighbors and third parties

As a result of fire, explosion, water damage or frost occurring on the premises, the financial consequences of any liability that tenants or occupants may incur under articles 1382, 1383 and 1384 of the French Civil Code for bodily injury or property damage caused to neighbors or third parties and for which the above rental liability cover applies.

This guarantee covers up to 450,000 euros for all types of damage.

1. c) Property damage liability

Other accidental damage to personal property listed in the inventory and located inside the rented accommodation (except fittings) and to real estate belonging to the owner of the rented accommodation (except rented boats). This cover is for up to 3,000 euros, less an absolute deductible of 50 euros.

EXCLUSIONS

The above warranties do not apply to

1-General exclusions

• Damage directly or indirectly related to :

- the intentional or fraudulent act of the Insured,

- a state of war (foreign or civil war),

- catastrophic events (damage caused by volcano eruptions, earthquakes, sea action, tidal waves, landslides and other catastrophic events, unless these events are declared "Natural Disasters"),

- nuclear risk (damage of nuclear origin or caused by any source of ionizing radiation).

2-Exclusions applicable to "Cancellation" and "Interruption of Stay" cover

• Consequences:

- pregnancy beyond the 28th week or childbirth,

- a cure or beauty treatment,

- psychological or psychotherapeutic treatment not involving hospitalization for at least 3 days,

- accidents and illnesses whose origin is known before the policy is taken out, except for unforeseeable changes in health,

- the foreseeable deterioration in pre-existing health at the time of subscription,

- disputes or disagreements concerning the description or inventory of fixtures,

- redundancy, transfer for which the procedure is underway at the time of subscription.

- an accident in which the insured has been tested positive for alcohol or narcotics use to the extent of the legal limit in force for the offence.

- an accident, in the capacity of pilot of a flying machine, during participation in a motorized sporting event and its preparatory trials,

SA de courtage d'assurances au capital de 250.000 € 5 Cité de Trévise - 75009 PARIS - 582 136 289 RCS PARIS - France

Intra-Community VAT no. FR 24 582 136 289 00029 NACE code 6622 Z - ORIAS registration number (www.orias.fr) 07 000 044

- failure to vaccinate or inability to vaccinate,

- cancellations by the authorized intermediary,

- reimbursement of the insurance premium.

3- Exclusions applicable to "Search and Rescue" cover

- Expenses incurred as a result of the intervention of public emergency services due to the insured's inexcusable fault.

- The cost of towing a sailboat or motorboat,

- Expenses incurred as a result of caving,

4- Exclusions applicable to the Occupant's Civil Liability cover

- Any damage not involving the tenant's civil liability,

- All damage to the Tenant's property,

- Damage resulting from deliberate damage or burns caused by cigarettes or other smokers' articles

- damage caused by domestic animals in the insured's care,

- Any damage caused by humidity, condensation, fog or smoke,

- Breakdowns of equipment made available to the insured,

- Damage to lamps, fuses, electronic tubes, cathode ray tubes, semiconductor crystals, heating resistors and heating blankets,

- The cost of repairing, unclogging or replacing pipes, taps and appliances in water and heating systems.

- Theft of items left in courtyards, terraces and gardens.

- Theft from premises shared by several tenants or occupants, except in the case of forced entry,

- Theft or loss of keys to the premises,

- Damage sustained while the premises containing the insured items are fully occupied by third parties other than the lessee, his employees or persons authorized by him,

- Damage resulting from usage or use that does not comply with the rental contract,

- The consequences of contractual commitments insofar as they exceed those to which the beneficiary is legally bound.

- Damage to furniture considered as fittings.

PRESCRIPTION SUBROGATION

All actions deriving from the present agreement are time-barred within two years of the event giving rise to them.

The Insurer is subrogated to the rights of the Insured with regard to any person responsible for the loss for which compensation is paid.

CONSUMER INFORMATION

Information technology and freedom: the Insured may request communication and rectification of any information concerning him or her that may appear in any file used by the Insurer, its agents or any professional organization.

Customer relations: Cabinet Albinet is able to examine all the Insured's requests and claims in depth. If, at the end of this examination, the answers given do not meet the Insured's expectations, the Insured may address his or her claim to TOKIO MARINE KILN. Should a disagreement persist after this response, the Insured may appeal to the Mediator, whose contact details TOKIO MARINE KILN will provide on request at 6-8, boulevard Haussmann 75009 PARIS, without prejudice to other legal avenues of action. Autorité de Contrôle Prudentiel: the body responsible for ensuring compliance with legislative and regulatory provisions relating to insurance is the Autorité de Contrôle Prudentiel, 61 rue Taitbout, 75009 Paris.

HOW TO CLAIM COMPENSATION

You must notify your rental agency of your cancellation by registered letter within 5 days of becoming aware of it. You must send (after confirmation by your rental agency) to ADAR all supporting documents necessary for the processing of your claim: medical certificate, hospitalization certificate, work stoppage certificate, letter of dismissal to the following address: Address: ADAR C/O Cab. ALBINET-S.A.V. 5, cité de Trévise - 75 009 PARIS - Fax : 01 48 01 84 83 -mail :

claim@cabinetalbinet.fr Don't forget to include: your full address; your telephone number; the name of your rental agency; your rental reference number; the start and end dates of your stay.

If necessary, you undertake to allow the Insurer's doctor access to the medical file in the event of a claim under the trip cancellation or trip interruption benefit. If you fail to do so, the benefit will not be paid.