2021-347-County Mgr-E-Voices Together-FY20-21 Outside agency funding

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CA 01 26 10 13 © Insurance Services Office, Inc., 2012 Page 3 of 4 We may cancel any type or limit of coverage provided by the policy to the extent that it can be ceded to the North Carolina Reinsurance Facility only for one or more of the following reasons by mailing to the first Named Insured at least 15 days' notice at the last address known to us: (1) Nonpayment of premium. (2) You become a nonresident of North Carolina and are not otherwise entitled to insurance through the Reinsurance Facility. (3) Our contract with the agent through whom this policy is written is terminated for reasons other than the quality of the agent's "insureds". (4) This policy is cancelled pursuant to a power of attorney given a company licensed according to the provisions of G.S. 58-56. 2. To the extent that any type or limit of coverage provided by this policy cannot be ceded to the North Carolina Reinsurance facility, the following provision is added and supersedes any other provisions to the contrary: Nonrenewal a. If we elect not to renew this policy, we will mail or deliver to the first Named Insured shown in the Declarations written notice of nonrenewal at least 45 days prior to the: (1) Expiration of the policy if it has been written for one year or less; or (2) Anniversary date if it is a continuous policy or has been written for more than one year or for an indefinite term. b. We need not mail or deliver the notice of nonrenewal if you have: (1) Insured property covered under this policy under any other insurance policy; (2) Accepted replacement coverage; or (3) Requested or agreed to nonrenewal of this policy. c. If notice is mailed, proof of mailing will be sufficient proof of notice. d. The written notice of cancellation or nonrenewal will: (1) Be mailed or delivered to the first Named Insured and any designated loss payee at their addresses shown in the policy, or if not indicated in the policy, at their last known addresses; and (2) State the reason or reasons for cancellation or nonrenewal. 3. To the extent that any type or limit of coverage provided by this policy can be ceded to the North Carolina Reinsurance Facility, the following provision is added and supersedes any other provision to the contrary: Nonrenewal We may nonrenew this policy only for one or more of the following reasons: a. Nonpayment of premium. b. You become a nonresident of North Carolina and are not otherwise entitled to insurance through the Reinsurance facility. c. Our contract with the agent through whom this policy is written is terminated for reasons other than the quality of the agent's "insureds". d. This policy is cancelled pursuant to a power of attorney given a company licensed according to the provisions of G.S. 58-56. e. You fail to meet the requirements contained in our corporate charter, articles of incorporation, or bylaws, when we are a company organized for the sole purpose of providing members of an organization with insurance coverage in North Carolina. 4. Common Policy Condition B. Changes is changed to read as follows: This policy contains all the agreements between you and us. Its terms may not be changed or waived except by endorsement issued by us. If a change requires a premium adjustment, we will adjust the premium for that change as of the effective date of change. If we revise this policy form to provide more coverage without additional premium charge, your policy will automatically provide the additional coverage as of the day the revision is effective in your state. DocuSign Envelope ID: 81A61471-345A-47F9-8A2D-36F7929A6637