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BEAN SPROUTS, LLC (2)
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BEAN SPROUTS, LLC (2)
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Last modified
2/11/2021 3:47:12 PM
Creation date
2/4/2021 5:20:57 PM
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Contracts
Company Name
BEAN SPROUTS, LLC
Contract #
A-2018-113-01
Agency
Parks, Recreation, & Community Services
Council Approval Date
5/1/2018
Expiration Date
9/17/2023
Insurance Exp Date
7/3/2021
Destruction Year
2028
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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />AMENDMENT OF CONDITIONS - COLORADO <br />This endorsement modifies insurance provided under the <br />UMBRELLA LIABILITY PROVISIONS <br />It is agreed that: <br />1. The CANCELLATION Condition is replaced by the <br />following: <br />CANCELLATION <br />a. The Named Insured first shown in the <br />Declarations may cancel this policy by: <br />(1) Mailing or delivering to us advance written <br />notice of cancellation; or <br />(2) Surrendering the policy to us or to any of <br />our authorized agents. <br />(3) A substantial change in the exposure or risk <br />other than that indicated in the application <br />and underwritten as of the effective date of <br />the policy unless the first Named Insured <br />has notified us of the change and we accept <br />such change. <br />e. We will mail or deliver our notice to the last <br />mailing address known to us of the Named <br />Insured first shown in the Declarations. <br />b. If this policy has been in effect for less than 60 f. <br />days, we may cancel this policy by mailing or <br />delivering to the first Named Insured written <br />notice of cancellation at least: <br />9• <br />(1) 10 days before the effective date of <br />cancellation if we cancel for nonpayment of <br />premium; or <br />(2) 30 days before the effective date of h. <br />cancellation if we cancel for any other <br />reason. <br />c. If this policy has been in effect for 60 days or <br />more, or is a renewal of a policy we issued, we <br />may cancel this policy by mailing through first- <br />class mail to the first Named Insured written <br />notice of cancellation: <br />(1) Including the actual reason, at least 10 days <br />before the effective date of cancellation, if <br />we cancel for nonpayment of premium; or 2 <br />(2) At least 45 days before the effective date of <br />cancellation if we cancel for any other <br />reason. <br />d. We may only cancel this policy based on one or <br />more of the following reasons, or as permitted <br />under applicable Colorado law: <br />(1) Nonpayment of premium; <br />(2) A false statement knowingly made by the <br />insured on the application for insurance; or <br />Form SX 02 06 10 08 <br />If notice is mailed, proof of mailing will be <br />sufficient proof of notice. <br />Notice of cancellation by us will state the <br />effective date of cancellation. The "policy <br />period" will end on that date. <br />If this policy is cancelled, we will send the <br />Named Insured first shown in the Declarations <br />any premium refund due. If we cancel, the <br />refund will be pro-rata. <br />If the Named Insured cancels, we shall compute <br />the return premium at 90% of the pro-rata <br />unearned premium. We shall in any event be <br />entitled to retain any minimum retained premium <br />stated in the Declarations. <br />i. Premium adjustment may be made either at the <br />time cancellation is effected or as soon as <br />practicable after cancellation becomes effective, <br />but payment or tender of unearned premium is <br />not a condition of cancellation. <br />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." <br />© 2008, The Hartford <br />ew cF RAMwagementDMsian <br />Jy/\'x REVIEWED & APPROVED BY: <br />V"° <br />--� Risk janagement Analyst <br />
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