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COMMON POLICY CONDITIONS C. Concealment, Misrepresentation Or Fraud due from that other insurance, whether you can This policy is void in any case of fraud by you as it collect on it or not. But we will not pay more than relates to this policy at any time. It is also void if the applicable Limit of Insurance. you or any other insured, at any time, intentionally I. Premiums conceal or misrepresent a material fact concerning: 1. The first Named Insured shown in the 1. This policy; Declarations: 2. The Covered Property; a. Is responsible for the payment of all 3. Your interest in the Covered Property; or premiums; and 4. A claim under this policy. b. Will be the payee for any return premiums D. Examination Of Your Books And Records we pay. We may examine and audit your books and records 2. The premium shown in the Declarations was computed based on rates in effect at the time as they relate to the policy at any time during the the policy was issued. If applicable, on each policy period and up to three years afterward. renewal, continuation or anniversary of the E. Inspections And Surveys effective date of this policy, we will compute the 1. We have the right but are not obligated to: premium in accordance with our rates and rules a. Make inspections and surveys at any time; then in effect. 3. With our consent, you may continue this policy b. Give you reports on the conditions we find; in force by paying a continuation premium for and each successive one-year period. The premium c. Recommend changes. must be: 2. Any inspections, surveys, reports or a. Paid to us prior to the anniversary date; and recommendations will relate only to insurability b. Determined in accordance with Paragraph and the premiums to be charged. We do not 2.above. make safety inspections. We do not undertake to perform the duty of any person or Our forms then in effect will apply. If you do organization to provide for the health or safety not pay the continuation premium, this policy of any person. We do not represent or warrant will expire on the first anniversary date that we that conditions: have not received the premium. a. Are safe or healthful; or 4. Changes in exposures or changes in your business operation, acquisition or use of b. Comply with laws, regulations, codes or locations that are not shown in the Declarations standards, may occur during the policy y g p y period. If so, we 3. This condition applies not only to us, but also to may require an additional premium. That any rating, advisory, rate service or similar premium will be determined in accordance with organization which makes insurance our rates and rules then in effect. inspections, surveys, reports or J. Transfer Of Rights Of Recovery Against Others recommendations on our behalf. To Us F. Insurance Under Two Or More Coverages Applicable to Property Coverage: If two or more of this policy's coverages apply to the If any person or organization to or for whom we same loss or damage, we will not pay more than the actual amount of the loss or damage. make payment under this policy has rights to recover damages from another, those rights are G. Liberalization transferred to us to the extent of our payment. That If we adopt any revision that would broaden the person or organization must do everything coverage under this policy without additional necessary to secure our rights and must do nothing premium within 45 days prior to, or at any time after loss to impair them. But you may waive your during, the policy period, the broadened coverage rights against another party in writing: will immediately apply to this policy. 9. Prior to a loss to your Covered Property; or H. Other Insurance- Property Coverage 2. After a loss to your Covered Property only if, at If there is other insurance covering the same loss or time of loss, that party is one of the following: damage, we will pay only for the amount of covered loss or damage in excess of the amount Page 2 of 3 Form SS 00 05 10 08