Common use of Cancellation and Nonrenewal Clause in Contracts

Cancellation and Nonrenewal. You may cancel this policy by returning the policy to us or by giving us written notice and stating at what future date coverage is to stop. We may cancel or not renew this policy by written notice to you at the address shown on the Declarations. Proof of delivery or mailing is sufficient proof of notice. During the first 60 days this policy is in effect, we may cancel for any reason. After this policy has been in effect 60 days or more, or if it is a renewal of a policy issued by us, we may cancel or not renew only at the anniversary date unless: a. the premium has not been paid when due; b. the policy was obtained through fraud, material misrepresentation or omission of fact, which if known by us, would have caused us not to issue the policy; or