All Other Situations Clause Samples
The "All Other Situations" clause serves as a catch-all provision that addresses scenarios not specifically covered elsewhere in the agreement. In practice, this clause applies to any circumstances, events, or issues that arise which are not explicitly mentioned in the contract's other sections. For example, if a dispute or obligation emerges that is not directly referenced, this clause would dictate how it should be handled. Its core function is to ensure comprehensive coverage and prevent gaps in the contract, thereby reducing ambiguity and minimizing the risk of unaddressed situations.
All Other Situations. After a covered policy has been in effect for sixty days, or upon the effective date if such policy is a renewal, no notice of cancellation shall become effective until fifteen days after notice is delivered or mailed to the insured and such cancellation is based on one or more of the following statutory provisions:
a) Nonpayment of premium;
b) Conviction of a crime arising out of acts increasing the hazard insured against;
c) Discovery of fraud or material misrepresentation in the obtaining of the policy or in the presentation of a claim hereunder;
d) After issuance of the policy or after the last renewal date, discovery of an act or omission, violation of any policy condition, that substantially and materially increases the hazard insured against and which occurred subsequent to inception of the current policy period;
e) Material physical change in the property insured, occurring after issuance or last annual renewal anniversary date of the policy, which results in the property becoming uninsurable in accordance with the insurer's objective, uniformly applied underwriting standards in effect at the time the policy was issued or last renewed; or material change in the nature or extent of the risk, occurring after issuance or last annual renewal anniversary date of the policy, which causes the risk of loss to be substantially and materially increased beyond that contemplated at the time the policy was issued or last renewed;
f) Required pursuant to a determination by the superintendent that continuation of the present premium volume of the insurer would jeopardize that insurer's solvency or be hazardous to the interests of policyholders of the insurer, itscreditors or the public;
g) A determination by the superintendent that the continuation of the policy would violate or would place the insurer in violation of the law;
h) Where the insurer has reason to believe, in good faith and with sufficient cause, that there is a probable risk or danger that the insured will destroy, or permit to be destroyed, the covered property for the purpose of collecting the insurance proceeds, provided, however, that:
1) a notice of cancellation on this ground shall inform the insured in plain language that the insured must act within ten days if review by the Insurance Department of the ground for cancellation is desired pursuant to item 3) of this subparagraph h); and
2) notice of cancellation on this ground shall be provided simultaneously by the insurer to the Insurance De...
All Other Situations. After a covered policy has been in effect for sixty days, or upon the effective date if such a policy is a renewal, no notice of cancellation shall become effective until fifteen days after notice is delivered or mailed to the insured and such cancellation is based on one or more of the following statutory provisions:
a) Nonpayment of premium;
b) Conviction of a crime arising out of acts increasing the hazard insured against;
c) Discovery of fraud or material misrepresentation in the obtaining of the policy or in the presentation of a claim thereunder;