1. BYLLWYCHI N S U RA N C E B R O K E RS
First Floor Ike Quartey House,B795/2 Oblogo Road, Kaneshie Zongo Junction Accra
email-info@byllwychinsurance.com
P.O. Box AD 200 Adabraka, Accra

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12 October 2016
Dear Sir,
Introducing Byll Wych Insurance Brokers
Byll Wych Insurance Brokers is duly registered by NIC as a brokerage firm with certificate number
NIC/IB/BYLL070/15. We wish to transact business with your institution for our mutual benefit and
will be glad to have your consent.
Byll Wych sincerely hopes to demonstrate to your satisfaction our:
 Ability to provide a unique and effective type of service.
 In-depth knowledge of the insurance industry and business.
 Knowledge of the requirements associated with Risk Management.
 Capabilities and resources available to you in the arena of Specialist Insurance.
 Sustained endeavors to provide innovative solutions to your risk related problems.
 Readiness to effectively and efficiently pursue all claims on your behalf.
We count on your co-operation for a successful business relationship.
Yours faithfully,
Mrs. Benedicta N.L. Allotey Miss. Hanna Fosua Yeboah
(General Manager) (Associate Broker/Manager)

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WELCOME TO EXCELLENCE
“We love what we do because of the lasting smiles it puts on the faces of our clients”
BYLL WYCH TEAM
WHY COMPANIES ARE CHOOSING BYLL WYCH
 Our in-depth knowledge of the insurance business in Ghana means
excellent risk consultancy
 Our structured claim management techniques means excellent claim
service
 Our well trained and experienced staff means excellent broking,
professionalism and innovation

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 Our resources and well-coordinated procedures means excellent prompt
service delivery
 Our understanding of the Ghanaian insurance market premium dynamics
means excellent premium negotiations
 Our client oriented service delivery means excellent customer service
CONTENTS
1. COMPANY PROFILE-------------------------------------------------4-5
2. THE BYLL WYCH PACKAGE----------------------------------------6-8
3. GENERAL INSURANCE POLICIES---------------------------------9-13
a. For the employer-------------------------------------9-13
b. For the employees------------------------------------13
4. INSURANCE COMPANIES WE WORK WITH-------------------14
5. CONDITIONS FOR APPOINTMENT ------------------------------15

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6. SAMPLE MANDATE LETTER --------------------------------------16
7. CONTACTS/THANK YOU -------------------------------------------17
COMPANY PROFILE
Byll Wych Insurance Brokers Limited is a wholly owned subsidiary of Byll Wych group. Since its
incorporation in 2010, the company has made its mark in the insurance brokerage market by providing
excellent brokerage and risk management services to various companies in Ghana. Byll Wych Insurance
Brokers Limited, with its local and international affiliates have created an integrated array of specialist
insurance brokerage and risk management services for various sectors of the Ghanaian economy.
Byll Wych is currently making a great penetrative impact in the Brokerage industry. The company is driven
by its core values of reliability, excellence, innovation and professionalism which have enhanced both our
local and international clientele network. Our passionate appetite for innovation and product development
coupled with excellent customer service has placed the company top of the list of efficient brokerage
service providers.
Byll Wych Insurance Brokers current service belt encompass;
 Evaluation of the insurance need of clients and the designing of programs to manage their risk
exposure and to protect their assets and earnings against financial losses.
 Provision of a full range of intermediary insurance services notably, risk management and insurance
intermediation.
 Seeking strategic alliances with recognized international insurance broking and reinsurance
intermediaries to enable us provide world class brokerage services.
 Developing close and mutually beneficial working relations with clients and direct insurance
companies for professional and efficient intermediation.
 Provision of comprehensive services to self-employed business men and women by providing them
with the array personal line insurance policies.
 Maintaining a group of well trained and motivated professional and insurance practitioners to
enhance the level of excellence and professionalism we uphold.
STRATEGIC ALLIANCES

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Byll Wych Insurance Brokers has partnered high reputable organizations both locally and internationally
creating a very strong strategic Alliance. These alliances have enabled Byll Wych Insurance Brokers Limited
to provide comprehensive state of the art products and services with an unparalleled customer-focused
orientation.
Our strategic alliances have enhanced our integrity, transparency and professionalism which have added up
to the several reasons why we are the preferred choice of a majority of companies in the country. Our link
office in Takoradi and Kumasi means we will be able to serve you better.
THE BYLL WYCH PACKAGE
Byll Wych values the relationship we have with our clients and hence a comprehensive service package
tailored to cover the stretch of insurance needs of our clients. Below are the services you get for choosing
to do business with us:
RISK EXPOSURE IDENTIFIFCATION
Our team will first of all conduct a detailed assessment of risks with a view to building a risk profile
associated with your business. Where an insurance program already exists; a review of uninsured risks will
be done for your institution and a report submitted free of charge. It is based on this that we will
recommend the policies available for the client to be fully covered.
PREMIUM NEGOTIATION
Our team will proceed to search the market to get the right premium taking into consideration price and
coverage terms. At this stage, we also carefully examine the terms and conditions of the policy as well as
warranties if any. This is a duty to which we attach great importance as your brokers. We present
underwriting information; negotiate renewal terms and confirm result of market rates to you.
UNDERTAKING PRE-RENEWAL PREPARATION (if any)
After the team obtains your company’s underwriting information; we meet with you before renewal dates to
agree on scope of cover and claim experience with a view of negotiating renewal terms beneficial to you.
This shall be done within three months to the lapse of the policy.

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POST RENEWAL PROGRAMME (if any)
We shall negotiate and finalize policy wordings, process premiums payments; agree to claims procedures
and provide an overview of cover and uninsured risk. The latter involves a comprehensive report of
insurances affected.
SERVICE PLAN AND ADMINISTRATION
This involves meetings between Byll Wych and your company for our special periodicassessment to identify
prevailing issues that may crop up during the year. It may be follow-ups to renewal; outstanding matters;
additions; deletions and normal service calls between broker and policy holder.
CLAIM MANAGEMENT
Claim management is one of the most essential aspects of insurance and the policy at Byll Wych is to
exhaustively and expertly manage all client claims up to full settlement. This will involve collating claim
documents, negotiating and processing all classes of claims and ensuring speedy issuing of claim cheques
to clients within appreciable time frame. Byll Wych does not compromise on this responsibility.
RISK CONTROL MANAGEMENT
To convince insurers to reduce premium rate, the client should demonstrate improvements in keeping the
probability of loss occurring to a minimum. This means the client must be committed to an effective risk
control programme. At Byll Wych Insurance Brokers Limited, we strive to offer advice on how to deal with
perceived risk exposures. This involves the coordination of housekeeping activities that follow laid down risk
management methods to improve risk and set firm grounds to negotiate favourable terms for clients.
FREE INSURANCE CONSULTANCY SERVICE
The principal advantage for choosing Byll Wych is that the services enumerated above are free and are not
charged on the client. The policyholder therefore benefits from the expertise of our professional staff at no
cost. Other advisory services related to your insurance needs may be sought from us at no cost.
SERVICE ADVANTAGE
 Byll Wych shall meet with your outfit, at least twice a year, unless agreed otherwise to discuss risk
and insurance issues.
 Byll Wych shall provide the client with twenty four (24) hours contact information for claims and
insurance emergencies.

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 Policy summaries shall be completed electronically and sent to the company’s head office and any
other office required not later than two months after inception date for each policy or contract.
 All claims notified to Byll Wych shall be reported immediately to the relevant local insurer and
processed expeditiously.
 All summons or legal filings against the client or related to the business transacted shall be
reported, where permissible, within 24 hours of receipt locally.
GENERAL INSURANCE POLICIES
Byll Wych Insurance Brokers offers brokerage service on all non-life or general insurance policies as
classified below for both employees and employers (Companies)
FOR THE EMPLOYER
ASSETS / PLANT & MACHINERY ALL RISKS
Under Assets / Plant & Machinery All Risks policy, the Insurance company agrees that if after payment of
the first premium, any of the property insured described in the schedule is lost or damaged accidentally by
unforeseen circumstances during the period of insurance (or any subsequent period for which the insurer
accepts a renewal premium) from any cause whatsoever except where specifically excluded the Company
will pay to the insured the value of the property at the time of its loss or destruction or at the option of the
insurance company, replace or repair such property or any part of it. In other words, the policy covers
virtually all insurable perils except the specifically excluded ones.
BONDS
We provide brokerage service on all construction bonds to our clients in the construction industry. Such
bonds include, Bid Bond, Performance Bond, Advance Mobilization Bond.
We also provide services on Custom Bonds which include Warehouse Bond, Removal Bonds, Retention
Bonds, Security and Transit Bonds as may be required by the Customs, Excise and Preventive Service (CEPS).
BURGLARY INSURANCE
Our Burglary policy covers loss or damage to the subject matter such as stocks and contents as a result of
forcible and violent entry into or exit from the premises.
BUSINESS INTERRUPTION
With the occurrence of fire outbreak, the insured may not be able to carry out the normal business
operation. However, it may still incur some fixed cost. The Business Interruption or Consequential Loss

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policy is designed to provide indemnity to the insured in respect of net profit as a result of the interruption
to the business, standing charge such as rent and interest and wages and salaries of employees.
CASH-IN-TRANSIT /SAFE
The Cash-In-Transit policy indemnifies the insured against accidental loss or damage to the insured's cash,
bank and currency notes, cheques, postal orders, etc., while in transit from one specified location to the
other, for example the insured’s premises to the bank, or within the country. Cash-In-Safe policy is effective
when the insured’s cash is being held up in the business premises or location described in the policy. In
other words, the policy provides indemnity against damage or loss to the insured’s cash while they are
being kept in safe at the insured’s location.
COMPREHENSIVE HOMEOWNERS
This policy was designed to cover all accidents that are likely to occur in the home. The Comprehensive
Homeowners insurance policy provides five main covers. The first section covers the insured's building
against Loss or damage caused by perils such as fire, explosion, lightning, storm, hurricane, tornado,
flooding, earthquake, volcanic eruption, bursting or overflowing of water tanks, etc.
The second section covers the insured’s contents against the above perils as well as burglary or any attempt
excluding theft not involving entry into or exit from the private dwelling house, domestic offices, garages or
outbuildings by forcible and violent means. In other words, these two sections are similar to a combined fire
& allied perils and burglary policy.
The third section of this policy covers the insured’s liability to the public. That is, death and personal injury
to any person not being a member of the insured’s household, servant or employee and accidental damage
to property not belonging to or in the charge of or under the control of the insured or a member of his
household, servant or employee caused within the limits of the private dwelling house.
The fourth section of the policy provides cover for personal accident, which is bodily injury which
independently of any other cause shall result in death, temporary disablement or permanent disability and
medical expense caused to the insured and or spouse and or children.
The fifth section provides the insured with the actual cost of renting an alternatively reasonable
accommodation for the period necessary for reinstatement (maximum 12 months) for an amount not
exceeding ten per centum of the full value of the property per annum or the proportionate part thereof
monthly.
CONTRACTORS ALL RISK
Contractors All Risks (CAR) is a package policy that provides indemnity to the insured against loss or
damage to the contract works, the insured's plant and machinery and liability to third parties in respect of
death, bodily injury or property damage.
ELECTRONIC EQUIPMENT
This policy provides compensation for loss or damage to Electronic Equipment whether the items are at
work or at rest, or being dismantled for the purpose of cleaning, overhauling or of being shifted within the

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premises, or during subsequent re-erection. The Material Damage section provides indemnity against any
unforeseen and sudden physical loss or damage from any cause, unless specifically excluded, by paying for
repairs or replacement.
The insurance company shall be liable and will in addition be responsible for all costs and expense incurred
with the Company’s consent in defending any claim for such compensation.
FIDELITY GUARANTEE
Due to possible infidelity or fraudulent acts of some employees, the Fidelity Guarantee policy is provided,
under which the insurance company agrees to reimburse the Employer (insured) all such direct pecuniary
loss not exceeding the amount of guarantee stated in the schedule of the policy, as the Employer shall
sustain by all acts of fraud or dishonesty committed by any of the employed staff during the period of
indemnity and during the uninterrupted continuance of employment of such Employed. The act must be in
connection with his occupation and be discovered during the period of indemnity or within six months
thereafter or within six months after the termination of such employment whichever shall happen first.
FIRE & ALLIED PERILS
The basic fire policy covers damage or loss to the insured property as a result of fire, lightning and
explosion. This could however be extended to cover allied perils such as aircraft damage, extended
explosion, riot and civil commotion, malicious damage, earthquake, storm and tempest, flood, bursting or
overflow of water tanks, sprinkler leakages, impact damage, subsidence, subterranean fire and spontaneous
combustion.
GOODS-IN-TRANSIT
We further offer brokerage services on Goods-In-Transit policy which simply provides indemnity to the
insured against loss or damage to the insured goods while they are being transported from one location to
the other, normally within the county. Thus for example if the insured goods are accidentally damaged as a
result of fire, theft or an accident during transit, the policy would indemnify the insured against such loss.
MARINE INSURANCE
Marine business is subdivided into mainly Marine Cargo and Marine Hull.
Marine Cargo policy provides indemnity to the insured for accidental damage or loss to the insured
property as a result of insured perils such as storm, jettison, fire, seawater damage, etc. Shipment can be
either by sea or by air. There are mainly three clauses in marine insurance business.
Institute Cargo Clause "C”
The Institute Cargo Clause “C” gives the least cover in marine insurance. The perils that are covered are, Fire
and explosion, Vessel being stranded or capsized, Impact damage, Discharge of cargo at a port of distress,
General average sacrifice and Jettison.
Institute Cargo Clause “B”

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This clause (cover) gives a wider maritime cover than the clause “C”. In addition to the cover granted under
the ICC “C”, the following perils are covered under the ICC “B”: Earthquake, volcanic eruption and lightning,
Washing overboard by sea water or wind, Entry of sea, lake or river water into the vessel causing damage to
the goods, Total loss of package overboard or dropped into the sea while loading or unloading from the
vessel
Institute Cargo Clause “A”
This clause is comprehensive in nature and thus covers “All Maritime Risks”. It covers virtually every peril
except the specified excluded perils.
MOTOR
All motor vehicle owners are required by law to have a motor insurance policy to cover their legal liability to
others who may suffer death, bodily injury or damage to their property as a result of the use of the vehicle.
Victims of such injuries and damage are usually passengers, pedestrians, property owners and other road
users. The motor policy is meant to cover the liabilities of our insured's vehicle towards third parties who
may suffer loss or bodily injury or death as a result of the use of the motor vehicle.
Under the motor portfolio, three types of cover are available for clients namely, The Third Party Cover, Third
Party Fire & Theft Cover, and the Comprehensive Cover.
Third-Party Cover
a) This covers bodily injury to third parties e.g. passengers, pedestrians and other road users, the sum
insured is unlimited.
b) There is also an offer compensation to any property that may be damaged by the insured vehicle, and
the sum insured is limited to GH¢2,000.00 unless specifically requested for. Damage to the insured vehicle is
not covered.
Third Party Fire and Theft
Under this policy there is cover for all the above, and in addition, provide compensation to the insured for
loss or damage to the insured’s vehicle if the loss or damage is as a result of fire and or theft.
Comprehensive Cover
The greatest extent of cover is under the comprehensive policy, and this includes the above, as well as
compensation to the insured for accidental damage to the insured vehicle. Specifically, there is cover for
losses like own damage, total loss either through fire, theft and burglary or accidental damage as well as
third-party damage and bodily injury.
PROFESSIONAL INDEMNITY
Under the professional indemnity policy, the insurer agrees to indemnify the assured up to but not
exceeding in the aggregate limits stated in the schedule for any sum or sums which the assured may
become legally liable to pay arising from any negligent acts, errors or omissions occurring during the period
of insurance specified as a direct result of the professional conduct of their business, by the assured or any

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partner or any person employed by the assured. This policy is more suitable for professional like doctors,
lawyers and accountants.
PUBLIC LIABILITY & PRODUCTS LIABILITY
While Public liability policies cover the insured against his / her liability to the public for death, bodily injury
and property damage as a result of an accident. Products liability indemnifies the insured against accidental
death or bodily injury and property damage caused by the insured's products to the public or consumers
INSTANT TRAVEL INSURANCE
We at Byll Wych believe that travel insurance has to be done instantly without having to wait for hours. This
is the reason why we have designed a specialist travel policy in conjunction with our Partners to serve our
client with speed.
This policy provides financial relief to International travelers for medical expenses and hospitalization
abroad, delayed departure, location and forwarding of baggage and personal effects, compensation for in-
flight loss of check-in baggage, delivery of medicine, emergency dental care, advance of funds, loss of
passport, drivers’ license, national identity card abroad, emergency return home following death of a close
family member, repatriation of family member travelling with Insured, travel of one immediate family
member and repatriation of mortal remains.
HOW IT WORKS
1. You give us a call for us to take your information
2. You send a payment to our electronic payment platform using your name as the reference
identification (Tigo Cash number 0276-868-609)
3. Your policy is processed and sent to your email within 5 minutes.
PREMIUMS
The current premiums are:
TRAVEL PERIOD EURO(€) GH¢
1 TO 7 DAYS 13.20
This is subject to the prevailing
exchange rate at that time
1 TO 15 DAYS 21.60
1 TO 32 DAYS 27.60
1 TO 62 DAYS 42.00
1 TO 92 DAYS 51.60
6 MONTHS 66.00
12 MONTHS 79.20
FOR THE EMPLOYEE
EMPLOYERS LIABILITY/WORKMEN COMPENSATION

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The Employer’s liability or Workmen’s compensation policy is to cover the insured’s employees, who, in the
immediate service of the insured shall sustain personal injury or disease arising out of and in the course of
his employment by the insured in the business.
Additionally if the insured shall either at common law or under the legislations mentioned in the schedule
be liable to pay compensation for such injury, the Company will indemnify the insured against all sums for
which the insured
PERSONAL ACCIDENT/ GROUP PERSONAL ACCIDENT
Personal accident and Group Personal Accident policies are designed to compensate the insured against
bodily injury, loss of limb or limbs, loss of eye or eyes, permanent total disablement, temporary total
disablement, medical expenses and death.
In other words, if during the period of Insurance, the insured sustains bodily injury which independently of
any other cause results in his / her death, temporary disablement or permanent disability, the insurer agrees
to pay the insured the benefit specified in the schedule of benefits under the policy.
PRIVATE HEALTH INSURANCE
Health Insurance is a major and important part of the solution to meeting the long-term challenges of
health systems as it eases the burden of funding and preserves choice within the health arena. A provisional
premium computation can be found as follows;
VARIOUS ANNUAL BASE PREMIUMS PER MEMBER
PREMIER REGULAR PLAN GHC 1,000.00 ESSENTIAL (10 OR
MORE)
GHC 1,100.00
LESS THAN 20 LIVES GHC 1,200.00
PREMIER MERCURY
PLAN
GHC 1,300.00 EXECUTIVE (10 OR
MORE)
GHC 1,650.00
LESS THAN 20 MEMBERS GHC 1,560.00
PREMIER PLATINUM
PLAN
GHC 1,550.00 PREMIER (10 OR MORE) GHC 2,750.00
LESS THAN 20 MEMBERS GHC 1,860.00
PREMIER PLATINUM
PLUS PLAN
GHC 2,200.00 PREMIUM (10 OR MORE) $ 3,000.00
LESS THAN 30 MEMBERS GHC 2,640.00

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BENEFIT TABLE
PREMIER REGULAR
PLAN
IN-PATIENT (20,000.00)
OUT-PATIENT (GHC
2,000)
ESSENTIAL (10 OR
MORE)
IN-PATIENT (GHC
20,000)
OUT-PATIENT
(2,000.00)
PREMIER MERCURY
PLAN
IN-PATIENT (40,000.00)
OUT-PATIENT
(4,000.00)
EXECUTIVE (10 OR
MORE)
IN-PATIENT (40,000.00)
OUT-PATIENT
(4,000.00)
PREMIER PLATINUM
PLAN
IN-PATIENT (60,000.00)
0UT-PATIENT (6,000.00)
PREMIER (10 OR MORE) IN-PATIENT (70,000.00)
OUT-PATIENT
(7,000.00)
PREMIER PLATINUM
PLUS PLAN
IN-PATIENT (70,000.00)
OUT-PATIENT
(8,000.00)
PREMIUM (10 OR
MORE)
IN- PATIENT (70,000
+$200,000.00)
OUT-PATIENT
(7,000.00)
OUR LISTED INSURANCE COMPANIES
Below is the list of insurance companies we transact business with. We have carefully arranged it in
alphabetical order for easy identification of your existing insurer if any.
1. Activa International Insurance Company Ghana
2. Allianz Insurance Company Ghana Limited
3. Best Point Insurance Limited
4. Saham Insurance Ghana Limited
5. Donewell Insurance Company Limited
6. Enterprise Insurance Company Limited
7. Equity Assurance Company Limited
8. Ghana Union Assurance Limited
9. Glico General Insurance Company Limited
10. Imperial General Assurance Company Limited
11. International Energy Insurance Company Limited
12. Metropolitan Insurance Company Limited

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13. Millennium Insurance Company Limited
14. NEM Insurance (Ghana) Limited
15. NSIA Ghana Insurance Company Limited
16. Phoenix Insurance Company Limited
17. Prime Insurance Company Limited
18. Priority Insurance Company Limited
19. Provident Insurance Company Limited
20. Quality Insurance Company Limited
21. Regency Alliance Insurance Ghana Limited
22. SIC Insurance Company Limited
23. Star Assurance Company Limited
24. Unique Insurance Company Limited
25. Vanguard Assurance Company Limited
26. Wapic Insurance (Ghana) Limited
CONDITIONS FOR THE APPOINTMENT
This serves to confirm that [your company name] have appointed Byll Wych as Insurance Brokers. This
authority cancels all previous authorities.
We understand insurance will be placed with insurance companies by Byll Wych on authorization from us.
We authorize the disclosure of information on previous insurance.
We agree to Byll Wych releasing to insurers or other relevant parties information regarding this insurance.
We agree that Byll Wych shall place insurance on our behalf and invoice us for the premium payable.
We understand Byll Wych will use all reasonable precautions in choosing insurer(s) and will advise us
adequately in time of claims.
N.B: You can find on the next page the sample letter you can put on your letter head to give Byll Wych
the mandate to do all your insurance transactions on your behalf.

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Sample
[Your Letter Head]
[Date]
Byll Wych Insurance Brokers
P. O. Box AD 200
Adabraka, Accra
Dear Sir,
Appointment as Insurance Broker
This serves to confirm that [your institution name] have appointed Byll Wych
Insurance Brokers as its Insurance Broker. This authority cancels all previous authorities.
By the signature indicated below, Byll Wych is authorized to:
 Have access to information on previous insurance policies.

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 Release to relevant insurers or parties information regarding this insurance.
 Place insurance on behalf of the Institution and invoice the premium payable.
 Use all reasonable precautions in placing the insurance and advise adequately in
time of claims.
Yours faithfully,
Signature & designation
“THANK YOU FOR TAKING TIME TO GO THROUGH THIS PROPOSAL.
WE HOPE IT ANSWERS ALL QUESTIONS ABOUT OUR SERVICE, IF NOT,
KINDLY CONTACT US ON THE FOLLOWING NUMBERS:
0201113192, 0201113193, 0201113194, 0201113195, 0201113196
OR THE CONTACT INFORMATION PROVIDED ON THE COVER PAGE.”

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BYLL
WYCH