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e. If this policy is canceled, we will send the <br />3. The Changes condition is amended. The first <br />Named Insured first shown in the Declarations <br />paragraph is deleted and replaced by the following: <br />any premium refund due. If we cancel, the <br />This policy contains all the agreements between you <br />refund will be pro rata. <br />and us concerning the insurance afforded. The first <br />f. If the Named Insured cancels, we shall compute <br />Named Insured shown in the Declarations is <br />the return premium at 90% of the pro rata <br />authorized on behalf of all insureds to agree with us <br />unearned premium. We shall in any event be <br />on changes in the terms of this policy. If the terms <br />entitled to retain any minimum retained premium <br />are changed, the changes will be shown in an <br />stated in the Declarations. <br />endorsement issued by us and made a part of this <br />g. Premium adjustment may be made either at the <br />policy. <br />time cancellation is affected or as soon as <br />practicable after cancellation becomes effective, <br />but payment of tender of unearned premium is <br />not a condition of cancellation. <br />2. The Nonrenewal Condition is replaced by the <br />following: <br />Nonrenewal <br />a. If we decide not to renew this policy, we will mail <br />or deliver written notice of non -renewal to the <br />Named Insured first shown in the Declarations <br />at least 45 days before the end of the "policy <br />period." The notice shall specify the precise <br />reasons for non -renewal. <br />b. We need not mail or deliver the notice of non - <br />renewal if you have: <br />(1) Insured property covered under this policy <br />under any other insurance policy; <br />(2) Accepted replacement coverage; or <br />(3) Requested or agreed to non -renewal of this <br />policy. <br />c. We will also mail or deliver a copy of the notice <br />to any mortgagee or loss payee indicated in the <br />policy and to the agent or broker or record. <br />If notice is mailed, proof of mailing will be <br />sufficient proof of notice. <br />Page 2 of 2 <br />ew cF RAMwagementDMsian <br />Jy/\'x REVIEWED & APPROVED BY.- <br />V"° <br />--� Risk janagement Analyst <br />