2017-296-E Aging - Lorraine Lewis for wellness instructor

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DocuSign Envelope ID:656DF690-72BC-42BC-9E47-7038084D8FFA f: Healthcare Professional Liability Company will renew this policy unless written notice of the Company's intent not to renew, stating the specific reasons for nonrenewal,is mailed to the Named Insured not less than sixty(60) days before the policy expires. Any notice of nonrenewal will be mailed by first-class registered or certified mail to the Named Insured at the last mailing address known to the Company.Proof of mailing will be sufficient proof of notice. J. EXTENDED REPORTING PERIOD OPTION In the case of: 1. cancellation or nonrenewal of this policy by the Named Insured or the Company for any reason other than flat cancellation by the Company effective at policy inception for non-payment of premium;or 2. advancing a retroactive or prior acts date from one previously applied by the Company: this policy will automatically be extended for a period of sixty (60) days from the date of such cancellation or non-renewal,but only for Incidents committed on or after any applicable retroactive date and prior to the effective date of such cancellation or non-renewal (Automatic Extended Reporting Period). Furthermore, the Named Insured shall have the right, subject to the terms and conditions of this policy,or an endorsement attached thereto,to have an endorsement issued extending the time during which Claims can be reported(Supplemental Extended Reporting Period) for an additional premium of: i. 900/0 of the full annual premium for this policy,to a period of twelve(12)months; ii. 135%of the full annual premium for this policy,to a period of twenty-four(24)months; iii. 150%of the full annual premium for this policy,to a period of thirty-six(36)months;or iv. 1750/0 of the full annual premium for this policy,to a period of sixty(60)months following the effective date of such cancellation or nonrenewal in which to give written notice to the Company of Claims first made against the Insured during this Supplemental Extended Reporting Period for any Incident occurring prior to the termination of the final Policy Period, subject to its terms, limitations, exclusions and conditions. This right shall terminate sixty (60) days after the effective date of such action as is indicated in Subparagraphs(1.) or(2.)above unless written notice of such election, together with the additional premium is received by the Company or its authorized agent from the Named Insured within that sixty(60)day period. At the commencement of any Supplemental Extended Reporting Period option, the entire premium therefore shall be deemed earned and the Company shall not be liable to return to the Named Insured any portion of the premium for the Extended Reporting Period. The fact that the period during which Claims must be first made against the Named Insured under this policy is extended by virtue of any Extended Reporting Period option shall not in any way increase the Limit of Liability of this policy. The Limit of Liability available under any Extended Reporting Period Option shall be part of,and not in addition to,the Limit of Liability available under the last policy or renewal certificate issued to the Named Insured. K. DECLARATIONS AND APPLICATION By acceptance of this policy,the Insured agrees that the statements in the Declarations and Application are the Insured's agreements and representations and that this policy is issued in reliance upon the truth / 10 HCPL-2026(Ed. 11/09)