(6) Required pursuant to a determination by the Superintendent that continuation of the present premium volume of the Company would jeopardize the Company's solvency or be hazardous to the interest of the Company's policyholders, creditors or the public;

(7) A determination by the Superintendent that the continuation of the policy would violate, or would place the Company in violation of, any provision of the Insurance Code; or

(8) Where we have reason to believe, in good faith and with sufficient cause, that there is a probable risk or danger that you will destroy, or permit to be destroyed the insured property for the purpose of collecting the insurance proceeds.

**Cancellation of Policies In Effect for More Than 60 Days**

If this policy has been in effect for more than sixty (60) days, or if this policy is a renewal or continuation of a policy issued by us, the policy may be cancelled by us only for reasons listed in paragraph b. above provided a written notice stating the reason for cancellation is mailed or delivered to the named insured at the address shown in this policy, and to the authorized agent or broker, if any, at least fifteen (15) days before the effective date of cancellation.

The named insured may cancel this policy at any time by sending us a written request or by returning the policy stating the date of cancellation.

If cancellation is at the request of the named insured, return premium will be computed at 90% of pro rata. If we cancel, return premium will be computed pro rata.

The following **CONDITIONS** are added:

7. **Nonrenewal**

If we elect not to renew this policy we will send notice as provided in **Conditional Renewal** below, along with the reason for nonrenewal.

8. **Conditional Renewal**

If we condition renewal of this policy upon:
a. Change of limits;
b. Change in type of coverage;
c. Reduction of coverage;
d. Increased deductible;
e. Addition of exclusion;
f. Increased premiums 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;

we will send notice as provided in the following **CONDITION**.