Colorado

The Company, through its agent, Tourist Insurance Services, Inc., hereby insures all eligible persons who have paid a premium to Colorado Resort Reservations (CRR) for insurance hereunder, subject to the exclusions, limitations, and reductions as set forth herein and in Travel Insurance Master Policy # AH8194 PH-0797 issued to the Trustee of the Global International Trust (the Policyholder).

PART A: Before Your Trip

- The Company shall reimburse you up to the sum insured for prepaid monies forfeited to CRR for the entire cancellation of your reservation prior to departure provided the Company is notified immediately, in accordance with the Limitations described below, as soon as a cause for cancellation arises and provided further that the loss is due to one of the following hazards or events: (a) sickness, injury or death occurring to you, a member of your immediate family, business partner, or traveling companion (a physician must be seen for sickness or injury); (b) transfer by your employer, subsequent to the booking date, requiring a move to a new permanent residence; (c) selection for jury duty or a court procedure for which a subpoena is issued requiring your appearance during the trip (legal professionals and law enforcement officers excluded); (d) fire or other natural disaster that renders your principal residence of uninhabitable; (e) being hijacked or quarantined; (f) unannounced airline strike that causes complete cessation of services for at least 2 days; and (g) death or hospitalization of your host at the destination.

3. UPGRADE INSURANCE

- If one of the events listed in Cancellation Insurance causes your traveling companion(s) to cancel his/her reservation with CRR, but you elect to travel as planned, the Company will reimburse you up to $500 for the upgrade charge you must pay to modify the room accommodation to reduced occupancy in the same hotel or condominium.

PART B: During Your Trip

Benefits 4 - 11 take effect at 12:01 a.m., Standard Time, on the date you depart from your home for purposes of joining the CRR trip you purchased and will automatically terminate at 11:59 p.m. on the date you return home, or the scheduled return arrival date of the flight or tour, whichever occurs first. However, your insurance will automatically be extended, for a maximum of 24 additional hours, if necessitated by delay of transport services.

- If your trip does not begin on time due to a) Injury or Sickness of the insured person or a traveling companion; b) adverse weather or carrier delay; c) lost or stolen passport, travel documents or money; d) quarantine; or e) natural disaster, this insurance will pay you up to $100 per day up to a maximum of 5 days for reasonable, additional lodging and transportation expenses you incur because of a travel delay which lasts at least 12 hours. You must make every reasonable effort to avoid additional expenses and obtain receipts. This benefit is limited to one delay for all insured persons during your trip. No benefit is payable for the portion of your trip you were unable to participate in as a result of the Travel Delay.

5. RETURN FLIGHT

- If your or your traveling companion's injury or sickness forces you to miss the scheduled Intrawest Vacations return flight, this insurance will reimburse you for the cost of one-way, scheduled air transportation from the contracted destination to the original departure point. In event of sickness, written justification must be obtained from the attending physician at the destination. Benefits are limited to the class of air travel originally ticketed or the trip cost, whichever is less, minus any refund on the unused ticket.

6. UNUSED TRAVEL ARRANGEMENTS

- If your or your traveling companion's injury or sickness forces you to interrupt the land arrangements with CRR after travel has begun and return home early, this benefit will reimburse you up to the amount insured for the pro-rata cost of the travel arrangements which you are unable to use and for which you will receive no refund. In event of sickness, written justification must be obtained from the attending physician at the destination.

7. INTERRUPTION INSURANCE

- If, after the outbound departure, you are obliged to interrupt the land arrangements due to your or your traveling companion's Sickness or Injury, the Company will pay for the cost of one-way, scheduled air transportation to rejoin the ongoing CRR trip. Benefits are limited to the class of air travel originally ticketed or the amount insured, whichever is less, minus any refund on the unused ticket. In event of sickness, written justification must be obtained from the attending physician at the destination.

8. BAGGAGE DELAY

- The Company will reimburse you up to $100 a day to a maximum of $500 for the cost of reasonable, additional clothing and personal articles you purchase if your checked baggage is delayed by an airline for more than 24 hours on the outbound flight. If your checked ski equipment is delayed for more than 24 hours by the airline on the outbound flight, we will reimburse you up to $50 a day to a maximum of $100 for the cost of renting ski equipment. This does not apply if baggage or ski equipment is delayed after you arrive at your return destination.

Medical referral and monitoring; Medical evacuation/repatriation up to $15,000. You must call the appropriate telephone number listed above immediately in the event of a medical emergency. Failure to contact the assistance provider will result in the compensation being declined or substantially reduced unless the Insured is unconscious or physically unable to contact Worldwide Assistance. Neither the Company, Tourist Insurance Services, Inc., or Worldwide Assistance Services, Inc (WA), is responsible for the availability, quality, quantity or result of any medical treatment you may receive or your failure to obtain medical treatment. Professionals suggested or designated by WA are not employees of WA and, therefore, WA is not responsible for their negligence, errors or other acts or omissions.

Baggage means personal effects and property owned by and for your personal use, adornment or amusement while in your possession on the insured trip. However, the term baggage does not include contact lenses, artificial teeth or limbs, money, securities, tickets, credit cards, safe deposit keys or transportation tickets.

Business Partner means an individual who is involved in a legal general partnership with you, has an equity interest in your business, and is actively involved in the day-to-day management of your business.

Death wherever used in connection with Cancellation Insurance means Death resulting from Injury or Sickness as defined herein.

Economy Flight Fare means the lowest one-way single seat fare of any IATA Air Carrier.

Eligible Person means a customer of CRR who is under 76 years of age and who is a permanent resident of the United States or Canada.

Hospital means a duly licensed hospital with facilities to accommodate inpatient care, with a registered nurse on a full-time duty basis, a laboratory, operating room where surgical operations are performed by a qualified surgeon. Not included are convalescent homes, rest homes, nursing homes, homes for the aged, drug and alcohol treatment centers, health spas or clinics.

Immediate Family means your legal or common law spouse, parents, step-parents, grandparents, natural or adopted children, stepchildren, grandchildren, brothers, sisters, step-brothers or step-sisters, brother-in-law, sister-in-law, father-in-law, mother-in-law, son-in-law, daughter-in-law, who are residents of North America.

Injury means bodily Injury caused by an accident occurring while the policy is in force, resulting directly and independently of all other causes in loss covered by the policy.

Insured means a person who is eligible for the insurance applied for and who has paid the full premium required in advance. Premiums paid for insurance for which a person is not eligible shall be refunded.

Loss as referred to in Cancellation Insurance, means the amount of money forfeited to Intrawest Vacations for pre-paid travel arrangements (flights, hotel deposits, lift tickets, etc.).

Physician means any person, other than you or a member of your immediate family, who is recognized by the laws of the jurisdiction in which treatment is received as qualified to treat the Covered Injury or Covered Sickness causing the loss for which benefits are claimed.

Sickness means sickness or disease contracted and commencing while the certificate of insurance is in force.

Traveling Companion means a person named on the CRR invoice who will accompany you on the entire trip, up to a maximum of 5 companions.

You and your whenever used, means the insured person.

If a cancellation insurance loss is caused by injury or sickness, benefits will be paid only if cancellation occurs upon the advice of a physician you consult in person. Cancellation insurance settlements are limited to the amount of penalty involved at the time cancellation is first recommended by the physician. No benefit will be payable under Cancellation Insurance if you do not cancel the insured trip within 48 hours of the cause of cancellation arising. In addition, no benefit will be payable if you receive substitute transportation to the scheduled return destination or to rejoin the trip or tour. The benefits provided will be paid only on an excess basis over and above any benefits or services provided for by any other valid or collectible insurance or any other form of indemnity. Insurance premiums are non-refundable.

This insurance does not cover you for any loss resulting from: a) injuries occurring before coverage is in force; b) injuries resulting from skiing/boarding outside the established boundaries of a ski resort (unless accompanied by a certified mountain guide or instructor), heli-skiing, or competition of any kind; c) medical conditions for which a Physician was consulted or for which treatment or medication was received during the 60 day period before coverage takes effect (see pre-existing conditions below); d) intentionally self-inflicted injuries, suicide or attempted suicide; e) commission of a felony; f) war (declared or undeclared) or any act of war; g) pregnancy, miscarriage, childbirth or complications, within eight weeks of the expected date of birth; h) mental health disorders; i) alcohol or substance abuse. The value of any travel credits or incentive travel arrangements in connection with Benefits #1 and #6 is not covered.

Pre-Existing Conditions

Pre-existing medical or related conditions are covered provided that the Insured Person, traveling companion, or immediate family member had not received treatment or required the use of medication for said conditions during the 60 day period preceding the effective date of insurance. Notwithstanding the above, if a supervised condition not requiring treatment was controlled by the consistent use of medication and there was no alteration in the medication, dosage or usage during the 60 day period preceding the effective date of insurance, then such pre-existing condition will be covered. Pre-existing medical conditions are not covered if the condition was present prior to or on the date of departure and would have prevented an ordinarily prudent person from traveling.

For claims made under the baggage/sports equipment delay coverage, you will need to provide proof of the time your belongings arrive at your destination. Failure to comply with these requirements may result in the loss of your right to reimbursement.

TRAVEL INSURANCE PASSPORT

- valid for domestic and international travel -

Sample Cerificate

YOU HAVE ACCESS TO THE FOLLOWING EMERGENCY SERVICES

provided through

WORLDWIDE ASSISTANCE SERVICES, INC.

Tourist Insurance Services, Inc.