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DocuSign Envelope ID:8C7A270E-432E-42E0-A5B7-5136E53010EC <br /> PI-APG-NC-1 (01/07) <br /> Certificate of Insurance. We shall mail by certified mail written notice of the changes to the first <br /> Named Certificate Holder at the address shown in the Certificate of Insurance, and mailed to the <br /> producer of record, if any. <br /> c. If we fail to furnish the conditional renewal terms and statement of premium due in the manner <br /> required in Paragraph b. above, the first Named Certificate Holder may cancel the renewal <br /> Certificate of Insurance within the 30 day period following receipt of the conditional renewal terms <br /> and statement of premium due. For refund purposes, earned premium for any period of coverage <br /> shall be calculated pro-rata upon the premium applicable to the Certificate of Insurance being <br /> renewed instead of the renewal Certificate of Insurance. <br /> d. If we fail to comply with the 45 day written notice requirement in Paragraph b. above, the first <br /> Named Certificate Holder is entitled to the option of coverage under the Certificate of Insurance <br /> being renewed and at the same cost of that Certificate of Insurance until 45 days have elapsed <br /> after we have provided the first Named Certificate Holder with the notice. <br /> e. If a Certificate of Insurance has been issued for a policy period longer than 1 year, and for additional <br /> consideration a premium has been guaranteed for the entire policy period, it is unlawful for us to <br /> increase that premium or require other Certificate of Insurance or coverage provisions less favorable <br /> to the first Named Certificate Holder during the term of the Certificate of Insurance. <br /> Page 3 of 3 <br />