**Insert Declarations page (Part Two) here so that top edge butts against top of Contract, and permits a number to appear through window ATTACH ENDORSEMENTS, IF ANY, TO DECLARATIONS PAGE**

**Agrees with the Named Insured in consideration of the payment of the premium and in reliance upon the statements herein made and such the limits of liability, exclusions, conditions and other terms of this policy.**

**CONDITIONS**

**Exclusions:** Notwithstanding anything to the contrary contained herein this policy, or any endorsements, amendments or attachments, shall not cover loss or damage directly or indirectly occasioned by, happening through or in consequence of war, invasion, acts of foreign or domestic hostility (whether war be declared or not), civil war, rebellion, insurrection, revolution, military or usurped power or confiscation or nationalization or requisition or destruction of or damage to property by or under the order of any government or public or local authority.

**Notification of Claims:** The Insured upon knowledge of any accident or occurrence likely to give rise to a claim hereunder shall give notice to the Company or its nearest authorized representative as soon as practicable.

**Any provisions or conditions appearing in any forms attached hereto and made a part hereof, which conflict with or alter the policy stated above, shall supersede the provisions appearing hereon, insofar as the latter are inconsistent with the provisions appearing in such forms.**

**Indemnation, Payment, Replacement, Recoveries:** The Company shall in no case be liable for more than the actual cash value of the lost, stolen or damaged property at the close of business on the business day next preceding the day on which the loss was discovered, nor for more than the actual cost of repairing or replacing such property. The Company may repair any damage or replace any lost, destroyed or damaged property of like quality and value or pay for the same in money as the Company may elect.

**Other Insurance:** If the Insured has other insurance against a loss covered by this policy the Company shall not be liable under this policy for a greater proportion of such loss than the applicable limit of liability stated in the declarations bears to the total applicable limit of liability stated and collectible insurance against such loss.

**Fraudulent Claims:** If the Insured shall make any claim under this policy, knowing the claim to be false or fraudulent, as regards amount or otherwise, this policy shall become void, and all claims hereunder shall be forfeited.

**Assignment:** Assignment of interest under this policy shall not bind the Company until its consent is endorsed hereon. If however, the Insured shall die or be adjudged bankrupt or insolvent within the policy period, this policy, unless cancelled, shall, if written notice be given to the Company within sixty days after the date of such death or adjudication, cover the Named Insured's legal representative as the Named Insured hereunder.

**Bankruptcy of Insured:** Bankruptcy or Insolvency of the Insured or of the Insured's estate shall not relieve the Company of any of its obligations hereunder.

**Cancellation:** (Applicable if policy is written on flat premium basis). This policy may be cancelled at any time by the Insured on the basis of the Company's short rate table, by written notice or by surrender of the policy to the Company. This policy may also be cancelled, with or without return of the unearned portion thereof, by the Company be delivering to the Insured or by mailing to the Insured by registered or unregistered mail, at the Insured's address as shown hereon, a notice, stating when, not later than ten days thereafter, the cancellation shall be effective. The mailing of notice by the Company shall be sufficient proof of notice and this policy shall terminate at the date and hour specified in such notice. In the event premium refund is not made at the time cancellation is effected, it shall be made as soon thereafter as practicable. The mailing of notice by the Company shall be sufficient proof of notice and this policy shall terminate at the date and hour specified in such notice.

**Cancellation:** (Applicable if policy is written on adjustable premium basis). This policy may be cancelled at any time by the Insured by written notice or by surrender of the policy to the Company. This policy may also be cancelled, with or without the return or tender of the unearned portion thereof, by the Company be delivering to the Insured or by mailing to the Insured, by registered or unregistered mail, at the Insured's address as shown hereon, written notice stating when, not later than ten days thereafter, the cancellation shall be effective. The mailing of notice by the Company shall be sufficient proof of notice and this policy shall terminate at the date and hour specified in such notice. If cancelled by the Insured, the Company shall refund the unearned premium as calculated on the adjustable basis contained herein, or, if not so refund, calculated according to the Company's short rate table, or the earned premium stipulated herein, whichever is the greater. If cancelled by the Company, the Company shall retain the earned premium as calculated on the adjustable basis contained herein or pro rata of the minimum premium, whichever is the greater. In the event premium refund is not made at the time cancellation is effected, it shall be made as soon thereafter as practicable.

**IN WITNESS WHEREOF, the company has caused this policy to be signed by its vice-president and secretary, but this policy shall not be valid unless completed the attachment hereto of a declarations page designated as Part Two and countersigned on the aforesaid declarations page by a duly authorized agent of the company.**

**[Signature]**
**Secretary**
**[Signature]**
**President**