# CHUBB EXCESS LIABILITY INSURANCE - SL

## Endorsement

**Effective Date:** May 21, 2012  
**Policy Number:** 7966-56-84

### Endorsement New York Cancellation (continued)

#### F. increased premium in excess of 10%, exclusive of any premium increase due to and commensurate with insured value added, or as a result of experience rating, retrospective rating or audit;

the company will send notice as provided in the NOTICE OF NONRENEWAL AND CONDITIONAL RENEWAL provision below.

#### NOTICE OF NONRENEWAL AND CONDITIONAL RENEWAL

**A.** If the company elects not to renew this policy or to conditionally renew this policy as provided in the When We Do Not Renew provision above, the company will mail or deliver written notice to the first named insured shown in the Declarations, at least 60 but not more than 120 days before:

1. the expiration date; or
2. the anniversary date if this is a continuous policy.

**B.** Notice will be mailed or delivered to the first named insured at the address shown in the policy and the authorized agent or broker. If notice is mailed, proof of mailing will be sufficient proof of notice.

**C.** The company will not send notice of nonrenewal or conditional renewal if you, your authorized agent or broker or another insurer of yours mails or delivers notice that the policy has been replaced or is no longer desired.

**D.** Should the company fail to send the first named insured:

1. notice of conditional renewal within the 60 day period prescribed in paragraph A. above and you elect not to accept the terms and conditions of the conditional renewal; or
2. notice of nonrenewal within the 60 day period prescribed in paragraph A. above,

this policy shall remain in effect until 60 days after such notice has been mailed or delivered to the first named insured and the aggregate limits described in Limits of Insurance shall be increased in proportion to the extension of time required to attain the 60 day notice requirement.

**E.** If the company sends a late conditional renewal or nonrenewal notice on or after the expiration date of the policy, coverage shall remain in effect on the same terms and conditions of the expiring policy period at the lower of the current rates or the prior period's rate. During the additional required policy period, you have the right to replace the coverage or elect to cancel sooner.

## Reference Copy

New York – Cancellation

Form 07-02-1305 (Rev. 11/04) Endorsement  
Page 3 of 4