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BEAN SPROUTS, LLC (2)
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Last modified
2/11/2021 3:47:12 PM
Creation date
2/4/2021 5:20:57 PM
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Contracts
Company Name
BEAN SPROUTS, LLC
Contract #
A-2018-113-01
Agency
Parks, Recreation, & Community Services
Council Approval Date
5/1/2018
Expiration Date
9/17/2023
Insurance Exp Date
7/3/2021
Destruction Year
2028
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(c) <br />If we cancel for any of the reasons listed in <br />with notice of nonrenewal at least 45 days <br />paragraph (b), we must provide you with at <br />prior to the anniversary date of the policy. <br />least 15 days prior written notice of <br />(c) The notice of nonrenewal must state the <br />cancellation stating the precise reason for <br />precise reason for nonrenewal. Failure to <br />cancellation. We may provide this notice by <br />send this notice, as provided in paragraphs <br />registered or certified mail, return receipt <br />3 and 5, to any other person designated in <br />requested, to you and any other person <br />the policy to receive this notice invalidates <br />designated in the policy to receive notice of <br />the nonrenewal only as to that other <br />cancellation at the addresses shown in the <br />person's interest. <br />policy or, if not indicated in the policy, at the <br />last known addresses. Whenever notice of <br />(d) Any nonrenewal attempted or made that is <br />cancellation is given by registered or <br />not in compliance with paragraphs (a), (b) <br />certified mail, cancellation will not be <br />and (c) is not effective. Paragraphs (a), (b) <br />effective unless and until that method is <br />and (c) do not apply if you have obtained <br />employed and completed. Notice of intent to <br />insurance elsewhere, have accepted <br />cancel given by registered or certified mail <br />replacement coverage, or have requested <br />shall be conclusively presumed completed <br />or agreed to nonrenewal. <br />three days after the notice is sent if, on the <br />4. Whenever we lower coverage limits, raise <br />same day that notice is sent by registered or <br />deductibles, or raise premium rates for reasons <br />certified mail, the insurer also provides <br />within our exclusive control and other than at <br />notice by first-class mail and by electronic <br />your request, we will mail you written notice of <br />means if available as defined in G.S. 58-2- <br />the change at least 30 days in advance of the <br />255(a) to the insured and any other person <br />effective date of the change. As used in this <br />designated in the policy to receive notice. <br />paragraph, the phrase, "reasons within our <br />Any such supplemental notice given by <br />exclusive control" does not mean experience <br />electronic means shall be effective for the <br />modification changes, exposure changes, or <br />limited purpose of establishing this <br />loss cost rate changes. <br />conclusive presumption. Notice of <br />5. We must provide the notice required by <br />cancellation may also be given by <br />paragraphs 3 and 4 by mail to you and any <br />anymethod permitted for service of process <br />other person designated in the policy to receive <br />pursuant to Rule 4 of the North Carolina <br />this notice at the addresses shown in the policy <br />Rules of Civil Procedure. Failure to send <br />or, if not indicated in the policy, at the last <br />notice as provided in this paragraph to any <br />known addresses. Mailing copies of the notice <br />other person designated in the policy to <br />by regular first-class mail satisfies the notice <br />receive notice of cancellation invalidates the <br />requirements of paragraphs 3, 4 and 5. <br />cancellation only as to that other person's <br />interest. <br />6. We will also send copies of the notice required <br />by this endorsement to the agent or broker of <br />(d) <br />Cancellation for nonpayment of premium is <br />record, though failure to send copies of the <br />not effective if the amount due is paid before <br />notice to the agent or broker of record will not <br />the effective date stated in the notice of <br />invalidate a cancellation or nonrenewal. Mailing <br />cancellation. <br />copies of the notice by regular first-class mail to <br />3. We <br />may refuse to renew this policy. <br />the agent or broker of record satisfies the <br />(a) <br />If this policy is for a term of one year or less, <br />requirements of this paragraph. Notice of <br />we must provide you with notice of <br />nonrenewal may also be given by any method <br />nonrenewal at least 45 days prior to the <br />permitted for service of process pursuant to <br />expiration date of the policy. <br />Rule 4 of the North Carolina Rules of Civil <br />Procedure. <br />(b) <br />If this policy is for a term of more than one <br />year or for an indefinite term, then to <br />nonrenew the policy at the policy <br />anniversary date we must provide you <br />Form WC 32 03 01 D Printed in U.S.A. <br />ew cF RAMwagementDMsian <br />Jy/\'x REVIEWED & APPROVED BY.- <br />V"° <br />--� Risk janagement Analyst <br />
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