Common use of Material Alteration Clause in Contracts

Material Alteration. 4.9.1 The insured will give to the insurer written notice immediately (but in any event no later than 30 days) after the insured becomes aware of any material alteration to the insured, the risk or any material change in the nature of the business conducted by the insured during the period of insurance. The insurer reserves the right to reject or reduce claims connected with the material alteration or change, until accepted as such by written confirmation from the insurer endorsed to this policy, upon which the insurer may continue the policy on such terms as the insurer may determine.

Material Alteration. 4.9.1 8.11.1 The insured will give to the insurer written notice immediately (but in any event no later than 30 days) after the insured becomes aware of any material alteration to the insured, the risk or any material change in the nature of the business conducted by the insured during the period of insurance. The insurer reserves the right to reject or reduce claims connected with the material alteration or change, until accepted as such by written confirmation from the insurer endorsed to this policy, upon which the insurer may continue the policy on such terms as the insurer may determine.

Material Alteration. 4.9.1 5.9.1 The insured will give to the insurer written notice immediately (but in any event no later than 30 days) after the insured becomes aware of any material alteration to the insured, the risk or any material change in the nature of the business conducted by the insured during the period of insurance. The insurer reserves the right to reject or reduce claims connected with the material alteration or change, until accepted as such by written confirmation from the insurer endorsed to this policy, upon which the insurer may continue the policy on such terms as the insurer may determine.