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b. separately to each ÐInsured MemberÑ against whom claim is made or ÐsuitÓ is brought. <br />The Limits of Insurance shown in the Certificate of Insurance issued to the ÐInsured MemberÑ will apply separately to <br />each ÐInsured MemberÑ to which this insurance applies. <br />All terms and conditions of this Master Policy are the terms and conditions applicable to the ÐInsured MemberÑ during the <br />ÐCertificate policy periodÑ. <br />If the expiration date of the ÐCertificate policy periodÑ shown on the Certificate of Insurance issued to the ÐInsured <br />MemberÑ is after to the expiration date of the Master Policy, coverage will cease upon the expiration date of the <br />ÐCertificate policy period.Ñ In no event will coverage for the ÐInsured MemberÑ extend beyond twelve (12) months after <br />the expiration of the Master Policy. <br />If the expiration date of the ÐCertificate policy periodÑ shown on the Certificate of Insurance issued to the ÐInsured <br />MemberÑ is prior to the expiration, termination or cancellation date of the Master Policy, coverage will cease upon the <br />expiration date of the ÐCertificate policy period.Ñ <br />If this Master Policy is terminated or cancelled prior to the expiration date of the ÐCertificate policy periodÑ shown on the <br />Certificate of Insurance issued to the ÐInsured MemberÑ, coverage for the ÐInsured MemberÑ will continue under the <br />terms and conditions of the Master Policy until the expiration of the ÐCertificate policy period.Ñ In no event will coverage <br />for the ÐInsured MemberÑ extend beyond twelve (12) months after the termination or cancellation of the Master Policy. <br />E. <br />SECTIONIV-COMMERCIALGENERALLIABILITYCONDITIONS and SECTIONIV-LIQUOR <br />LIABILITY CONDITIONS are amended and the following added: <br />Reporting Provisions <br />a.The premium charged at the inception of each policy year is an advance premium. Upon our receipt of your <br />complete PolicyholderÓs Bordereaux at the end of each Ðreporting periodÑ, an endorsement will be issued by <br />us for any adjustment in premium because of ÐInsured Member(s)Ñ you added or deleted in the <br />PolicyholderÓs Bordereaux. <br />b.Premium Reporting: <br />(1) You must file a PolicyholderÓs Bordereaux with us each Ðreporting periodÑ and at <br /> Expiration, in accordance with this Reporting Provision, showing separately each ÐInsured <br /> MemberÑ to be covered. In addition to the information required by the Policyholders <br /> Bordereaux, you must include a copy of the Certificate of Insurance issued evidencing the <br /> ÐInsured MembersÑ coverage provided by this Master Policy. <br />(2) You may not correct an inaccurate PolicyholderÓs Bordereaux after a claim or ÐsuitÑ has occurred. <br />c.Failure to Submit a PolicyholderÓs Bordereaux: <br />Coverage only applies to: <br />(1) ÐInsured Member(s)Ñ shown in the PolicyholderÓs Bordereaux you filed with us prior to the <br /> Ðbodily injuryÑ, Ðproperty damageÑ, Ðpersonal and advertising injuryÑ or ÐinjuryÑ that resulted in a claim or <br /> ÐsuitÑ, or, <br />(2) ÐInsured Member(s)Ñ shown on reports or Certificates of Insurance that were on file with HUB <br /> International Insurance Services, Inc. prior to the Ðbodily injuryÑ, Ðproperty damageÑ or Ðpersonal and <br /> advertising injuryÑ or ÐinjuryÑ that resulted in a claim or ÐsuitÑ. <br />However, paragraph c. does not apply in the event of an unintentional error or omission in not reporting an ÐInsured <br />MemberÑ in the PolicyholderÓs Bordereaux except if such ÐInsured MemberÑ received a Certificate of Insurance and paid <br />the premium prior to the Ðbodily injuryÑ, Ðproperty damageÑ, Ðpersonal and advertising injuryÑ or ÐinjuryÑ that resulted in a <br />claim or ÐsuitÑ. <br />T1523-0111Page 2 of 3 <br /> <br />