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- . <br /> (g) Loss of facultative reinsurance, or B. The following provisions are added and supersede <br /> loss of or substantial changes in ap- any other provisions to the contrary: <br /> plicable reinsurance as provided in 1. Nonrenewal <br /> G.S.58-41-30; <br /> (h) Conviction of the insured of a crime a. If we elect not to renew this policy, we will <br /> mall or deliver to the first Named Insured <br /> arising out of acts that materially af- <br /> feet the insurability of the risk; shown in the Declarations written notice of <br /> nonrenewal at least 45 days prior to the: <br /> (I) A determination by the Commis- (1) Expiration of the policy if this policy <br /> sioner of Insurance that the con- 1 p is has <br /> tinuation of the policy would place us been written for one year or less;or <br /> in violation of the laws of North Caro- (2) Anniversary date of the policy if this <br /> ling;or policy has been written for more than <br /> (J) You fail to meet the requirements one year or for an indefinite term. <br /> contained in our corporate charter, b. We need not mail or deliver the notice of <br /> articles of incorporation or by-laws nonrenewal if you have: <br /> when we are a company organized (1) Insured property covered under this <br /> for the sole purpose of providing policy,under any other insurance policy; <br /> members of an organization with in- <br /> surance coverage in North Carolina. (2) Accepted replacement coverage;or <br /> We will mail or deliver written notice of can- (3) Requested or agreed to nonrenewal of <br /> collation to the first Named Insured at least: this policy. <br /> (I) 15 days before the effective date c. If notice is mailed, proof of mailing will be <br /> of cancellation if we cancel for sufficient proof of notice. <br /> nonpayment of premium;or 2. The written notice of cancellation or nonre- <br /> (ii) 30 days before the effective date newel will: <br /> of cancellation if we cancel for a. Be mailed or delivered to the first Named <br /> any other reason. Insured and any designated mortgagee or <br /> a. Cancellation for nonpayment of premium loss payee at their addresses shown In the <br /> will not become effective if you pay the policy, or if not indicated in the policy, at <br /> premium amount due before the effective their last known addresses;and <br /> date of cancellation. b. State the reason or reasons for cancellation <br /> d. We may also cancel this policy for any or nonrenewal. <br /> reason not stated above provided we obtain <br /> your prior written consent. <br /> Page 2 of 2 ©ISO Properties, Inc., 2006 IL 02 69 09 07 0 <br />