Common use of Change, Modification, or Waiver of Policy Terms Clause in Contracts

Change, Modification, or Waiver of Policy Terms. A waiver or change of the “terms” of this policy must be issued by “us” in writing to be valid. If “we” adopt a revision which broadens coverage under this edition of “our” policy without an additional premium, the broadened coverage will apply to “your” policy as of the date “we” adopt the revision in the state in which the premises shown on the declarations as the described location is located. This applies only to revisions adopted 60 days prior to or during the policy period shown on the declarations. This does not apply to changes adopted as a result of the introduction of a subsequent edition of “our” policy.

Change, Modification, or Waiver of Policy Terms. A waiver or change of the “terms” of this policy must be issued by “us” in writing to be valid. If “we” adopt a revision which that broadens coverage under this edition of “our” policy without an additional premium, the broadened coverage will apply to “your” policy as of the date “we” adopt the revision in the state in which the premises “your” mailing address shown on the declarations as the described location “declarations” is located. This applies only to revisions adopted 60 days prior to or during the policy period shown on the “declarations”. This does not apply to changes adopted as a result of the introduction of a subsequent edition of “our” policy.