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COMMON POLICY CONDITIONS <br />All Coverage parts included in this policy are subject to the following conditions. <br />A. Cancellation <br />1. The first Named Insured shown in the <br />Declarations may cancel this policy by <br />mailing or delivering to us advanced written <br />notice of cancellation. <br />2. We may cancel this policy by mailing or <br />delivering to the first Named Insured written <br />notice of cancellation at least: <br />a. 10 days before the effective date of <br />cancellation if we cancel for nonpayment <br />of premium; or <br />b. 30 days before the effective date of <br />cancellation if we cancel for any other <br />reason. <br />3. We will mail or deliver our notice to the first <br />Named Insured's last mailing address known <br />to us. <br />4. Notice of cancellation will state the effective <br />date of cancellation. The policy period will <br />end on that date. <br />5. If this policy is cancelled, we will send the <br />first Named Insured any premium refund due. <br />If we cancel, the refund will be pro rata. If <br />the first Named Insured cancels, the refund <br />may be less than pro rata. The cancellation <br />will be effective even if we have not made or <br />offered a refund. <br />6. If notice is mailed, proof of mailing will be <br />sufficient proof of notice. <br />B. Changes <br />This policy contains all the agreements between <br />you and us concerning the insurance afforded. <br />The first named Insured shown in the <br />Declarations is authorized to make changes in the <br />terms of this policy with our consent. This <br />policy's terns can be amended or waived only by <br />endorsement issued by us and made a part of this <br />policy. <br />C. Examination Of Your Books And Records <br />We may examine and audit your books and <br />records as they relate to this policy at any time <br />during the policy period and up to three years <br />afterward. <br />D. Inspections And Surveys <br />I. We have the right to; <br />a. Make inspections and surveys at any <br />time; <br />b. Give you reports on the conditions we <br />find; and <br />c. Recommend changes. <br />2. We are not obligated to make any <br />inspections, surveys, reports or recom- <br />mendations and any such actions we do <br />undertake relate only to insurability and the <br />premiums to be charged. We do not make <br />safety inspections. We do not undertake to <br />perform the duty of any person or <br />organization to provide for the health or <br />safety of workers or the public. And we do <br />not warrant that conditions: <br />a. Are safe or healthful; or <br />b. Comply with laws, regulations, codes or <br />standards. <br />3. Paragraphs 1. and 2. of this condition apply <br />not only to us, but also to any rating, <br />advisory, rate services or similar organization <br />which makes insurance inspections, surveys, <br />reports or recommendations. <br />4. Paragraph 2. of this condition does not apply <br />to any inspections, surveys, reports or <br />recommendations we may make relative to <br />certification, under state or municipal <br />statutes, ordinances or regulations, of boilers, <br />pressure vessels or elevators, <br />E. Premiums <br />The first Named Insured shown in the <br />Declarations: <br />1. Is responsible for the payment of all <br />premiums; and <br />2. Will be the payee for any return premiums <br />we pay. <br />F. Transfer Of Your Rights And Duties Under <br />This Policy <br />Your rights and duties under this policy may not <br />be transferred without our written consent except <br />in the case of death of an individual named <br />insured. <br />If you die, your rights and duties will be <br />transferred to your legal representative but only <br />while acting within the scope of duties as your <br />legal representative. Until your legal repre- <br />sentative is appointed, anyone having proper <br />temporary custody of your property will have <br />your rights and duties but only with respect to <br />that property. <br />IL 00 17 1198 Copyright, Insurance Services Office, Inc., 1998 Page I of 1 <br />