# VERMONT CHANGES – CANCELLATION AND NONRENEWAL

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

This endorsement modifies insurance provided under the following:

- CAPITAL ASSETS PROGRAM (OUTPUT POLICY) COVERAGE PART
- COMMERCIAL AUTOMOBILE COVERAGE PART
- COMMERCIAL GENERAL LIABILITY COVERAGE PART
- COMMERCIAL INLAND MARINE COVERAGE PART
- COMMERCIAL LIABILITY UMBRELLA COVERAGE PART
- COMMERCIAL PROPERTY COVERAGE PART
- CRIME AND FIDELITY COVERAGE PART
- EMPLOYMENT-RELATED PRACTICES LIABILITY COVERAGE PART
- EQUIPMENT BREAKDOWN COVERAGE PART
- FARM UMBRELLA LIABILITY POLICY
- LIQUOR LIABILITY COVERAGE PART
- MEDICAL PROFESSIONAL LIABILITY COVERAGE PART
- POLLUTION LIABILITY COVERAGE PART
- PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART

## A. The Cancellation Common Policy Condition is replaced by the following: CANCELLATION

1. **Cancellation Of Policies In Effect For Less Than 60 Days**
   - If this policy has been in effect for less than 60 days and this policy is not a renewal of a policy we issued, we may cancel this policy by:
     - Giving the first Named Insured at least 15 days' notice prior to the cancellation date for nonpayment of premium or substantial increase in hazard; or
     - Mailing or delivering the first Named Insured at least 45 days' notice prior to the cancellation date for any other reason.
   - If cancellation is for nonpayment of premium, written notice may be sent by certificate of mailing or certified mail. If cancellation is for any reason other than nonpayment of premium, written notice must be sent by certified mail.

2. **Cancellation Of Policies In Effect For 60 Days Or More**
   - If this policy has been in effect for 60 days or more, or if this is a renewal of a policy we issued, we may cancel this policy only for one or more of the following reasons:
     - Nonpayment of premium;
     - Fraud or material misrepresentation affecting this policy or in the presentation of claims under this policy;
     - Violation of any provisions of this policy; or
     - Substantial increase in hazard, provided we have secured approval for the cancellation from the commissioner of insurance.
   - If we cancel this policy for one of the reasons specified in Paragraph 3., we will cancel only in the following manner:
     - By giving at least 15 days' notice before the effective date of cancellation if we cancel for nonpayment of premium; or
     - By mailing or delivering at least 45 days' notice before the effective date of cancellation if we cancel for any other reason.

## 3. Cancellation Of Policies In Effect For 60 Days Or More

If this policy has been in effect for 60 days or more, or if this is a renewal of a policy we issued, we may cancel this policy only for one or more of the following reasons:
- Nonpayment of premium;
- Fraud or material misrepresentation affecting this policy or in the presentation of claims under this policy;
- Violation of any provisions of this policy; or
- Substantial increase in hazard, provided we have secured approval for the cancellation from the commissioner of insurance.