Orange County NC Website
Browse       Search
DocuSign Envelope ID:2A1FF9C3-5E84-4494-AE50-59EAC650084E <br /> CONDITIONS OF BINDER <br /> When signed by the Insurer, the coverage described above is in effect from 12:01 AM of <br /> the Effective Date listed above to 12:01 AM of the Expiration Date listed above, pursuant <br /> to the terms, conditions and exclusions of the policy form listed above, any policy <br /> endorsements described above, and any modifications of such terms as described in this <br /> Binder section.Unless otherwise indicated, this Binder may be canceled prior to the <br /> Effective Date by the Insured, or by the Broker on the behalf of the Insured, by written <br /> notice to the Insurer or by the surrender of this Binder stating when thereafter such <br /> cancellation shall be effective. Unless otherwise indicated, this Binder may be canceled by <br /> the Insurer prior to the Effective Date by sending written notice to the Insured at the <br /> address shown above stating when, not less than thirty days thereafter, such cancellation <br /> shall be effective. Unless otherwise indicated, this Binder may be canceled by the Insurer <br /> or by the Insured on or after the Effective Date in the same manner and upon the same <br /> terms and conditions applicable to cancellation of the policy form listed above.lssuance by <br /> the Insurer and acceptance by or on the behalf of the Insured of the policy shall render this <br /> Binder void except as indicated below. <br /> A condition precedent to coverage afforded by this Binder is that no material change in the <br /> risk occurs and no submission is made to the Insurer of a claim or circumstances that <br /> might give rise to a claim between the date of this Binder indicated above and the <br /> Effective Date. <br /> Please note this Binder contains only a general description of coverages provided. For a <br /> detailed description of the terms of a policy you must refer to the policy itself and the <br /> endorsements bound herein. <br /> We appreciate your business and hope that we can be of further service to you in the <br /> future. <br /> Sincerely, <br /> 11(,'0„.„,,,..:,/ <br />