Automatic Extended Reporting Period. Provided the INSURED has not purchased any other insurance to replace Coverage B which applies to a CLAIM otherwise covered under Coverage B, the NAMED INSURED shall have a period of forty-five (45) days following the effective date of termination of coverage in which to provide written notice to the Company of CLAIMS first made and reported within the Automatic Extended Reporting Period. A CLAIM first made and reported within the Automatic Extended Reporting Period will be deemed made on the last day of the POLICY PERIOD, provided the CLAIM arises from POLLUTION CONDITIONS that commenced before the end of the POLICY PERIOD and is otherwise covered by this Policy. The Automatic Extended Reporting Period shall not apply if the Optional Extended Reporting Period becomes effective.
Automatic Extended Reporting Period. If this Policy is cancelled or non-renewed by either the Company or by the Named Insured, the Company will provide to the Named Insured an automatic, non-cancelable Extended Reporting Period starting at the termination of the Policy Period if the Named Insured has not obtained another policy of real estate professional errors and omissions insurance within sixty (60) days of the termination of the Policy Period. This automatic Extended Reporting Period will terminate after sixty (60) days.
Automatic Extended Reporting Period. Effective upon the date of termination or cancellation of the Policy for any reason other than nonpayment of premium, the Named Insured will automatically be provided a period of sixty (60) days in which to give written notice to the Insurer of:
Automatic Extended Reporting Period. If either you or us shall cancel or non-renew this policy, you shall have the right following the effective date of such cancellation or non-renewal, to a period of 60 days in which to give written notice to us of claims first made against you for any wrongful act prior to the end of the policy period and otherwise covered by this Policy.
Automatic Extended Reporting Period. If the Insurer or the Named Insured cancels or refuses to renew this Policy, the Insured shall have a period of sixty (60) days after the expiration of the Policy Period to report to the Insurer any Claim which is first made during the Policy Period and arises out of a Wrongful Act committed on or after the Retroactive Date and prior to the end of the Policy Period.
Automatic Extended Reporting Period. If we or the named insured shall cancel or elect not to renew this policy, you shall have the right following the effective date of such cancellation or nonrenewal to a period of sixty (60) days (herein referred to as the “Automatic Extended Reporting Period”) in which to give written notice to us of claims first made against you during the Automatic Extended Reporting Period for any wrongful act occurring prior to the end of the policy period and otherwise covered by this policy. The Automatic Extended Reporting Period shall not apply to claims that are covered under any subsequent insurance you purchase or which is purchased for your benefit, or that would be covered by such subsequent insurance but for (1) the exhaustion of the amount of insurance applicable to such claims, or (2) any applicable retention or deductible.
Automatic Extended Reporting Period. The Insureds shall have continued coverage granted by this Policy for a period of 60 days following the effective date of such cancellation or nonrenewal, but only for Claims first made and reported during such 60 days and arising from Wrongful Acts taking place on or after the Retroactive Date and prior to the effective date of such cancellation or nonrenewal. This Automatic Extended Reporting Period shall immediately expire upon the purchase of replacement coverage by the Named Insured.
Automatic Extended Reporting Period. If You or We cancel or non-renew this Policy for any reason other than nonpayment of premium, then the insurance afforded by this Policy shall be automatically extended, subject otherwise to its terms, limits of liability, exclusions and conditions, to apply to Claims first made against You and reported during the sixty (60) days immediately following the effective date of such cancellation or non -renewal, but only by reason of a Wrongful Act occurring before the effective date of cancellation and otherwise covered by this insurance. Such period shall hereinafter be referred to as the “Automatic Extended Reporting Period.” No Automatic Extended Reporting Period is in effect if this Policy is renewed with Us. SPECIMEN
Automatic Extended Reporting Period. 1. If this Coverage Part is canceled or not renewed for any reason other than non-payment of premium, and if the Optional Extended Reporting Period Endorsement is not purchased, then we will provide an automatic extended reporting period of sixty (60) days, starting with the end of the policy period, during which claims arising out of medical incidents which take place on or after the retroactive date stated on the Declarations Page but before the end of the policy period may be first made.
Automatic Extended Reporting Period. The Insured is entitled to an Automatic Extended Reporting Period (AERP) for no additional premium in the event of termination of this policy by cancellation or non-renewal. The AERP shall apply to Claims first made against the Insured during the sixty (60) days immediately following the effective date of such cancellation or non-renewal, but only for Pollution Conditions which commenced prior to the termination of the policy and after the retroactive date, if any. The AERP does not apply where: • Pollution Conditions are discovered after the termination date; or • The policy was cancelled due to non-payment of premium or fraudulent acts; or • The Insured purchases other insurance to replace the insurance coverd under this Policy.
