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DocuSign Envelope ID:91 F43AFA-8CB4-4861-887A-F304C7A6614B <br /> (h) Conviction of the insured of a crime B. The following provisions are added and supersede <br /> arising out of acts that materially af- any other provisions to the contrary: <br /> fect the insurability of the risk; 1. Nonrenewal <br /> (i) A determination by the Commis- a. If we elect not to renew this policy, we will <br /> sioner of Insurance that the continua- mail or deliver to the first Named Insured <br /> tion of the policy would place us in shown in the Declarations written notice of <br /> violation of the laws of North Caro- nonrenewal at least 45 days prior to the: <br /> lina; or <br /> (1) Expiration of the policy if this policy has <br /> (j) You fail to meet the requirements been written for one year or less; or <br /> contained in our corporate charter, <br /> articles of incorporation or by-laws (2) Anniversary date of the policy if this <br /> when we are a company organized policy has been written for more than <br /> for the sole purpose of providing one year or for an indefinite term. <br /> members of an organization with in- b. We need not mail or deliver the notice of <br /> surance coverage in North Carolina. nonrenewal if you have: <br /> We will mail or deliver written notice of can- (1) Insured property covered under this <br /> cellation to the first Named Insured at least: policy, under any other insurance policy; <br /> (i) 15 days before the effective date (2) Accepted replacement coverage;or <br /> of cancellation if we cancel for (3) Requested or agreed to nonrenewal of <br /> nonpayment of premium; or this policy. <br /> (ii) 30 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 /> any other reason. <br /> c. Cancellation for nonpayment of premium 2. The written notice of cancellation or nonre- <br /> will not become effective if you pay the newal will: <br /> premium amount due before the effective a. Be mailed or delivered to the first Named <br /> date of cancellation. Insured and any designated mortgagee or <br /> d. We may also cancel this policy for any loss payee at their addresses shown in the <br /> reason not stated above provided we obtain policy, if not indicated in the policy, at <br /> their last t known addresses; and <br /> your prior written consent. <br /> b. State the reason or reasons for cancellation <br /> or nonrenewal. <br /> Page 2 of 2 Copyright, Insurance Services Office, Inc., 2000 IL 02 69 09 00 ❑ <br />