Common use of Changes which may affect the Risk Clause in Contracts

Changes which may affect the Risk. The Policyholder must notify the Insurer at the earliest opportunity of any changes within the knowledge of the Policyholder which may affect the risks to the Policyholder under this Policy. Failure to do so could result in the Insurer refusing Indemnity partially or fully under the Policy. The aforementioned shall not affect an injured party’s claim to Motor Traffic Damage pursuant to Section 17 of the Swedish Motor Traffic Damage Act. The insurer may also have the right to terminate the policy where an incorrect person has been registered as the policyholder. The changes include but are not limited to: • There is a change in the Policyholder’s leasing and/or management contract with Arval, including if this leasing and/or management contract expires or terminates for any reason; or • A Vehicle is modified or changed in a way from the manufacturer’s original specification and/or in a way contrary to the provisions of Section 2.30 below • There is a change in the purpose for which a Vehicle is used; or • There is a change in estimated annual mileage provided by the Policyholder for the Vehicles; or • If any Vehicle will be driven or based outside of Sweden;

Changes which may affect the Risk. The Policyholder must notify the Insurer at the earliest opportunity of any changes within the knowledge of the Policyholder which may affect the risks to the Policyholder under this Policy. Failure to do so could result in the Insurer refusing Indemnity partially or fully under the Policy. The aforementioned shall not affect an injured party’s claim to Motor Traffic Damage pursuant to Section 17 of the Swedish Motor Traffic Damage Act. The insurer may also have the right to terminate the policy where an incorrect person has been registered as the policyholder. The changes include but are not limited to: • There is a change in the Policyholder’s leasing and/or management contract with Arval, including if this leasing and/or management contract expires or terminates for any reason; or • A Vehicle is modified or changed in a way from the manufacturer’s original specification and/or in a way contrary to the provisions of Section 2.30 below 2.34 below. • There is a change in the purpose for which a Vehicle is used; or • There is a change in estimated annual mileage provided by the Policyholder for the Vehicles; or • If any Vehicle will be driven or based outside of Sweden;