Common use of Non-Renewal of Coverage Clause in Contracts

Non-Renewal of Coverage. The Insurer is under no obligation to renew the Policy upon its expiration. If the Insurer elects to non-renew the Policy, the Insurer will deliver or mail to the Named Insured written notice stating such at least sixty (60) days prior to the Policy’s expiration date, as stated in Item 2. on the Declarations page. The offering of terms and conditions different from the expiring terms and conditions, including limits of liability, retention or premium, will not constitute a refusal to renew or a cancellation of the Policy.

Appears in 3 contracts

Samples: Cyber and Technology Liability Policy, Cyber and Technology Liability Policy, Cyber and Technology Liability Policy

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Non-Renewal of Coverage. The Insurer is under no obligation to renew the Policy policy upon its expiration. If the Insurer elects to non-renew the Policypolicy, the Insurer will deliver or mail to the Named Insured written notice stating such at least sixty (60) 60 days prior to the Policypolicy’s expiration date, as stated shown in Item 2. on the Declarations pageDeclarations. The offering of terms and conditions different from the expiring terms and conditions, including limits of liability, retention Retention, or premium, will not constitute a refusal to renew or a cancellation of the Policypolicy.

Appears in 2 contracts

Samples: Insuring Agreements, Cyber Insurance Policy

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