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2014/11/19 Council Agenda Packet
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2014/11/19 Council Agenda Packet
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Council Agenda Packet
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11/19/2014
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15 <br /> the following applies to nonrenewal of b. We will not refuse to renew Liability <br /> - - - the Commercial - Automobile Coverage - - - Coverage or Collision Coverage sole- <br /> Part in place of at: ly because an "insured" has submit- <br /> a. We may elect not to renew or con- ted claims under Comprehensive <br /> tinue this policy by mailing or Coverage or Towing And Labor Coy- <br /> delivering to you and your agent or erage. <br /> broker written notice at least 20 days c, If we fail to mail or deliver proper no- <br /> before the end of the policy period, tice of nonrenewal and you obtain <br /> including the actual reason for other insurance, this policy will end <br /> nonrenewal. If the policy period is on the effective date of that insur- <br /> more than one year, we will have the ance. <br /> right not to renew or continue it only <br /> at an anniversary of its original effec- <br /> tive date. If we offer to renew or con- <br /> tinue and you do not accept, this <br /> policy will terminate at the end of the <br /> current policy period. Failure to pay <br /> the required renewal or continuation <br /> premium when due shall mean that <br /> you have not accepted our offer. <br /> • <br /> • <br /> N <br /> Page 4 of 4 Insurance Services Office, Inc., 2010 IL 01 46 08 10 <br /> 93 <br />
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