reactors, financial protection requirements range
from $3.5 million to $60 million
(c)
Formula based principally on thermal power level
of reactor at rate of $150 per thermal KW
(d)
Recent feature adds to formula a factor which
takes account of population density of area surrounding reactor
(e)
Financial protection in amount of $1 million
shall be furnished by holders of construction
permits authorized to store nuclear fuel at site
of a reactor under construction
(f)
Financial protection can be furnished in following forms
1)
Liability insurance
2)
Adequate financial resources
3)
Any other type of financial protection ap:
proved by AEC
(g)
Federal agencies and nonprofit educational in-
stitutions exempt from financial protection
requirements
AEC will furnish indemnity protection in amount of
$500 million over and above required liability coverage per installation
18 - 6
DO’ ARCHIVES