Laserfiche WebLink
IL00171198 <br /> COMMON POLICY CONDITIONS <br /> This endorsement modifies insurance provided under the following: <br /> A. Cancellation b. Give you reports on the conditions we find; <br /> 1. The first Named Insured shown in the and <br /> Declarations may cancel this policy by mailing c. Recommend changes. <br /> or delivering to us advance written notice of 2. We are not obligated to make any inspections, <br /> cancellation. surveys, reports or recommendations and any <br /> 2. We may cancel this policy by mailing or such actions we do undertake relate only to <br /> delivering to the first Named Insured written insurability and the premiums to be charged. <br /> notice of cancellation at least: We do not make safety inspections. We do not <br /> a. 10 days before the effective date of undertake to perform the duty of any person or <br /> cancellation if we cancel for nonpayment of organization to provide for the health or safety <br /> premium; or of workers or the public. And we do not warrant <br /> that conditions: <br /> b. 30 days before the effective date of <br /> cancellation if we cancel for any other a. Are safe or healthful; or <br /> reason. b. Comply with laws, regulations, codes or <br /> 3. We will mail or deliver our notice to the first standards. <br /> Named Insured's last mailing address known to 3. Paragraphs 1. and 2. of this condition apply not <br /> US. only to us, but also to any rating, advisory, rate <br /> 4. Notice of cancellation will state the effective service or similar organization which makes <br /> date of cancellation. The policy period will end insurance inspections, surveys, reports or <br /> on that date. recommendations. <br /> 5. If this policy is cancelled, we will send the first 4. Paragraph 2. of this condition does not apply to <br /> Named Insured any premium refund due. If we any inspections, surveys, reports or <br /> cancel, the refund will be pro rata. If the first recommendations we may make relative to <br /> Named Insured cancels,the refund may be less certification, under state or municipal statutes, <br /> than pro rats. The cancellation will be effective ordinances or regulations, of boilers, pressure <br /> even if we have not made or offered a refund. vessels or elevators. <br /> 6. If notice is mailed, proof of mailing will be E. Premiums <br /> sufficient proof of notice. The first Named Insured shown in the Declarations: <br /> B. Changes 1. Is responsible for the payment of all premiums; <br /> This policy contains all the agreements between and <br /> you and us concerning the insurance afforded. The 2. Will be the payee for any return premiums we <br /> first Named Insured shown in the Declarations is pay. <br /> authorized to make changes in the terms of this F. Transfer Of Your Rights And Duties Under This <br /> policy with our consent. This policy's terms can be Policy <br /> amended or waived only by endorsement issued by <br /> us and made a part of this policy. Your rights and duties under this policy may not be <br /> transferred without our written consent except in <br /> C. Examination Of Your Books And Records the case of death of an individual named insured. <br /> We may examine and audit your books and records If you die, your rights and duties will be transferred <br /> as they relate to this policy at any time during the to your legal representative but only while acting <br /> policy period and up to three years afterward. within the scope of duties as your legal <br /> D. Inspections And Surveys representative. Until your legal representative is <br /> 1. We have the right to: appointed, anyone having proper temporary <br /> custody of your property will have your rights and <br /> a. Make inspections and surveys at any time; duties but only with respect to that property. <br /> IL 00 17 11 98 Copyright, Insurance Services Office, Inc., 1998 Page 1 of 1 <br />