BENTON, BETSY 3 - 2009 - Laserfiche WebLink

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This endorsement issued to Betsy Benton forms part of Policy Number: 1109-00129742A and is effective, 12:01a.m.,1110712008. NOTICE OF CANCELLATION ENDORSEMENT In consideration of the premium charged, Section V. 7 - Notice of Cancellation, is deleted in its entirety and replaced with the following: • Notice of Cancellation This Policy may be cancelled by the Named Insured by giving written notice to the Insurers stating when thereafter such cancellation shall be effective. This Policy may be cancelled by the Insurers by mailing to the Named Insured a{ the Named Insured's address shown in Item 1 of the Declarations, written notice stating when, not less than 15 days thereafter, the cancellation shall be effective. The mailing of such notice as aforesaid shall be sufficient proof of notice and this Policy shall terminate at the date and hour specified in such notice. The Insured undertakes that premium will be paid and received in full by Business Risk Partners, Inc. within 30 days of the effective date of this Policy. . If the premium due under this Policy has not been paid and received by Business Risk Partners, Inc. by the 30th day from the effective date of this Policy, the Insurers, though Business Risk Partners, Inc., shall have the right to cancel this Policy by notifying the Insured in writing of such cancellation. In the event of cancellation by the Insurers, for reasons other than non- payment of premium, the premium due the Insured will be calculated on a pro -rata basis. In the event of cancellation by the Insured, the premium due to Business Risk Partners, Inc. will be calculated on a short rate basis or 25% of the annual premium, whichever is greater, for the period that the Insurers are on risk, but the full policy premium shall be payable to Business Risk Partners, Inc. in the event a covered Claim, or a circumstance which might reasonably give rise to a Claim, is reported to the Insurers prior to the date of termination. It is agreed that Business Risk Partners, Inc. shall give not less than 15 days prior notice of cancellation to the Insured. If premium due is paid in full and received by Business Risk Partners Inc. before the notice period expires, notice of cancellation shall automatically be revoked. If not, the Policy shall automatically terminate at the end of the notice period. If any provision of this endorsement is found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, such invalidity or unenforceability will not affect the other provisions of this endorsement which will remain in full force and effect. All other terms, conditions and limitations of the Policy remain unchanged