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

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DocuSign Envelope ID:656DF690-72BC-42BC-9E47-7038084D8FFA 11r liberty international Ua rkr4'rherb Healthcare Professional Liability III. In addition,it is hereby agreed and understood that,Part X. H., CONDITIONS,of the above referenced policy is hereby deleted in its entirety and replaced with the following: H. CANCELLATION This insurance may be cancelled on the customary short rate basis by the Named Insured at any time by written notice or by surrender of this insurance to the Company or its authorized representative and the Company shall refund the paid premium less the earned portion thereof within thirty(30) days of the latter of the effective date of cancellation or the date of delivery of the Insured's notice of intent to cancel. This insurance may also be cancelled, with or without the return or tender of the unearned premium, by the Company or by its authorized representative on its behalf, by sending to the Named Insured, by first-class registered or certified mail, at the Named Insured's address last known to the Company or its authorized agent, not less than ninety (90) days written notice stating the specific reason for such cancellation and when the cancellation shall be effective. In such case the Company shall refund the paid premium less the earned portion thereof within ten (10) business days after the effective date of cancellation, subject always to the retention by the Company of any minimum premium stipulated herein(or proportion thereof previously agreed upon)in the event of cancellation either by the Company or the Named Insured. In case of nonpayment of premium,only thirty(30)days written notice of cancellation must be given by the Company. A copy of such notice shall also be sent to the Named Insured's producer,if any. If this policy has been in effect for less than sixty (60) days and is not a renewal of a policy issued by the Company,this policy may be cancelled by the Company for any reason. If this policy has been in effect for sixty(60) days or more or is a renewal of a policy issued by the Company, cancellation by the Company shall only be effective if based on one or more of the following reasons: 1. nonpayment of premium; 2. any act or omission by any Insured or any Insured's representative that constitutes a material misrepresentation or a nondisclosure of a material fact in obtaining this policy, continuing this policy, or presenting a Claim under this policy; 3. any increased hazard or material change in the risk assumed that could not have been reasonably contemplated by the Company and an Insured at the time of the assumption of any risk insured under this policy; 4. any substantial breach of any contractual duty,condition,or warranty that materially affects the insurability of any risk insured under this policy; 5. any fraudulent act against the Company by any Insured or any Insured's representative, that materially affects the insurability of any risk insured under this policy; 6. Any willful failure by any Insured or any Insured's representative,to institute,after written notice by the Company, any reasonable loss control measure that materially affects the insurability of any risk insured under this policy; 7. any loss of or any substantial change in,the applicable reinsurance; 8. any Insured's conviction of a crime arising out of any act that materially affects the insurability of the risk; or 9. a determination by the North Carolina Insurance Commissioner that the continuation of the policy would place the Company in violation of any North Carolina law. 1V. In addition,it is hereby agreed and understood that Part N. I., CONDITIONS, of the above referenced policy is hereby amended to include the following: A copy of such notice shall also be provided to the Named Insured's producer. 4 HCPL-2026-9000-NC (Ed.04/10)