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R C. re e. f Notice of cancellation by us will state the 2. effective date of cancellation. The "policy period" will end on that date. We will mail or deliver our notice to the last mailing address known to us of the Named Insured first shown in the Declarations. If notice is mailed, proof of mailing will be sufficient proof of notice. Notice of cancellation by us will state the effective date of cancellation. The "policy period" will end on that date. If this policy is canceled, we will send the Named Insured first shown in the Declarations any premium refund due. If we cancel, the refund will be pro-rata. If the Named Insured cancels, we shall compute the return premium at 90% of the pro-rata unearned premium. We shall in any event be entitled to retain any minimum retained premium stated in the Declarations. g. Premium adjustment may be made either at the time cancellation is effected or as soon as practicable after cancellation becomes effective, but payment or tender of unearned premium is not a condition of cancellation. h. 10 days before the effective date of cancellation, if we cancel for a reason listed in 1.b.(1). L 30 days before the effective date of cancellation if we cancel for any other reason listed in 1.b.(2) or (3). Page 2 of 2 The NONRENEWAL Condition is replaced by the following: NONRENEWAL a. If we decide not to renew to this policy, we will mail or deliver written notice of non -renewal with reasons for the non -renewal to the Named Insured first shown in the Declarations at least 60 days but not more than 120 days before the end of the "policy period." b. If notice is mailed, we will mail it to the last mailing address known to us of the Named Insured first shown in the Declarations. Proof of mailing will be sufficient proof of notice. c. If we offer to renew but such Named Insured does not accept our offer during the current "policy period," this policy will not be renewed at the end of such "policy period". 3. The following Condition is added to the policy: NOTICE OF PREMIUM OR COVERAGE CHANGE If we elect to increase the policy premium by more than 25% or increase a deductible, reduce limits, or eliminate coverages, we will mail or deliver to the Named Insured first shown in the Declarations at the address shown in the policy or the last mailing address known to us, written notice of such change at least 60 days prior to the expiration date of the policy. If notice is mailed, proof of mailing will be sufficient proof of notice. ew cF RAMwagementDMsian Jy/\'x REVIEWED & APPROVED BY.- V"° --� Risk janagement Analyst