Common use of Alteration to Risk Clause in Contracts

Alteration to Risk. 6.5.1 The Insured must notify the Underwriters in writing as soon as practicable of any material alteration to the risk covered by this Policy that occurs during the Policy Period, including but not limited to any change in the nature of or cessation of the Insured’s Business.

Alteration to Risk. 6.5.1 5.4.1 The Insured must notify the Underwriters in writing as soon as practicable of any material alteration to the risk covered by this Policy that occurs during the Policy Period, including but not limited to any change in the nature of or cessation of the Insured’s Business.

Alteration to Risk. 6.5.1 The Insured must notify the Underwriters in writing as soon as practicable of any material alteration to the risk covered by this Policy that occurs during the Policy Period, including but not limited to any change in the nature of or cessation of Professional Business Services. Following the Insured’s Business.receipt of such notice, the Underwriters shall have the right to either: