POL 38 May 1, 2011
submit the information before your claim can
be paid. Once we determine the amount of
additional premium for the current and prior
policy terms, we will follow the procedure in
G.2.b.(1) above.
(3) If we do not receive the additional premium
by the date it is due, your flood insurance
claim will be settled based on the reduced
amount of coverage. The amount of
coverage can only be increased by
endorsement subject to any appropriate
waiting period.
3. However, if we find that you or your agent
intentionally did not tell us, or falsified, any important
fact or circumstance or did anything fraudulent
relating to this insurance, the provisions of Condition
B. Concealment or Fraud and Policy Voidance apply.
H. PolicyRenewal
1.
This policy will expire at 12:01 a.m. on the last day of
the
policy term.
2. We must receive the payment of the appropriate
renewal premium within 30 days of the expiration
date.
3. If we find, however, that we did not place your
renewal notice into the U.S. Postal Service, or if we
did mail it, we made a mistake, e.g., we used an
incorrect, incomplete, or illegible address, which
delayed its delivery to you before the due date for the
renewal premium, then we will follow these
procedures:
a. If you or your agent notified us, not later than one
year after the date on which the payment of the
renewal premium was due, of nonreceipt of a
renewal notice before the due date for the
renewal premium, and we determine that the
circumstances in the preceding paragraph apply,
we will mail a second bill providing a revised due
date, which will be 30 days after the date on
which the bill is mailed.
b. If we do not receive the premium requested in the
second bill by the revised due date, then we will
not renew the
policy. In that case, the policy will
remain an expired
policy as of the expiration
date shown on the
DeclarationsPage.
4. In connection with the renewal of this policy, we may
ask you during the
policy term to recertify, on a
Recertification Questionnaire that we will provide to
you, the rating information used to rate your most
recent
application for or renewal of insurance.
I. ConditionsSuspendingorRestrictingInsurance
We are not liable for loss that occurs while there is a hazard
that is increased by any means within your control or
knowledge.
2. The policy can be reformed to increase the amount
of coverage resulting from the reduction described in
G.1. above to the amount you requested as follows:
a. Discovery of insufficient premium or incomplete
rating information before a loss.
(1) If we discover before you have a flood loss
that your premium payment was not enough
to buy the requested amount of coverage,
we will send you and any mortgagee or
trustee known to us a bill for the required
additional premium for the current
policy
term (or that portion of the current policy
term following any endorsement changing
the amount of coverage). If you or the
mortgagee or trustee pay the additional
premium within 30 days from the date of our
bill, we will reform the
policy to increase the
amount of coverage to the originally
requested amount effective to the beginning
of the current
policy term (or subsequent
date of any endorsement changing the
amount of coverage).
(2) If we determine before you have a floodloss
that the rating information we have is
incomplete and prevents us from calculating
the additional premium, we will ask you to
send the required information. You must
submit the information within 60 days of our
request. Once we determine the amount of
additional premium for the current
policy
term, we will follow the procedure in
G.2.a.(1)above.
(3) If we do not receive the additional premium
(or additional information) by the date it is
due, the amount of coverage can only be
increased by endorsement subject to any
appropriate waiting period.
b. Discovery of insufficient premium or incomplete
rating information after a loss.
(1) If we discover after you have a flood loss
that your premium payment was not enough
to buy the requested amount of coverage,
we will send you and any mortgagee or
trustee known to us a bill for the required
additional premium for the current and the
prior
policy terms. If you or the mortgagee
or trustee pay the additional premium within
30 days from the date of our bill, we will
reform the
policy to increase the amount of
coverage to the originally requested amount
effective to the beginning of the prior
policy
term.
(2) If we discover after you have a flood loss
that the rating information we have is
incomplete and prevents us from calculating
the additional premium, we will ask you to
send the required information. You must
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