Alteration of Risk Sample Clauses

Alteration of Risk. You must notify Us as soon as practicable in writing of any change in circumstances that might affect Our decision to provide You with this Agreement or the Fee charged. Examples include changes to Your Business Description or the acquisition of or by another company.
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Alteration of Risk. Any clause in a contract of insurance that refers to a “material change” will be interpreted as being a change that takes the risk outside what was in the reasonable contemplation of the contracting parties when the contract was concluded.
Alteration of Risk. Every change which substantially varies any of the material facts or circumstances existing at the commencement of each Period of Insurance, that shall come to the knowledge of Your officer responsible for insurance matters, shall be notified to Us as soon as reasonably practicable thereafter and You shall (if so requested) pay such reasonable additional premium as We may require.
Alteration of Risk. You must provide Us notice in writing prior to or as soon as possible after every material change varying any of the facts or circumstances existing at the commencement of this contract, such as the moving of Covered Property or nearby construction. Such alteration of risk shall be basis for amendment of this Agreement.
Alteration of Risk. You must provide Us notice in writing regarding any material change varying the facts or circumstances surrounding the Covered Property, such as the movement of Covered Property or nearby construction. We reserve the right to amend this Agreement if there is such Alteration of Risk. Failure to notify Us of Alteration of Risk, which results in Loss under this Agreement, will render this Agreement null and void as to that Loss. However, Our right to retain or recover the Annual Fee will not be affected.
Alteration of Risk. 10. The Insured shall give the Company ninety (90) days written notice of any alteration which materially affects the risk insured. Where the alteration represents a change to the Business, the Company shall have the right to accept or deny coverage at the time of notification, to establish separate rate(s) and premium and, if appropriate, separate terms to provide coverage for any such change.
Alteration of Risk. Sections 1 to 6 shall cease to have effect from the date of any one of the following:
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Alteration of Risk. Upon The Insured becoming aware of any change in the nature of occupation or other circumstances material to the risk of Loss or Damage, this insurance will cease in respect of the affected property unless and until the change is accepted by Chubb in writing. The Insured shall notify Chubb in writing within thirty (30) days of any material changes to the Business description as stated in the Policy Schedule. Chubb reserve the right to accept or deny coverage at the time of such notification and to establish a separate rate and Premium for any such change in description of Business as set forth in the Policy Schedule. However, this insurance will not be prejudiced by:
Alteration of Risk. You must tell Us of any change of circumstances after the start of the insurance which increased the risk of Injury or Damage. You will not be insured under the Certificate until We have agreed in writing to accept the increased risk.
Alteration of Risk. The Insured Person must give us immediate notice in writing of any changes of address as well as any changes in occupation or employment and health status. In the event of failure to inform Us, We may disclaim all liability for any loss or injury as a result of these changes if these changes increase the risk of accident.
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