Which property condition requires the insurer broaden coverage during the policy?

Liberalization Clause. If we make a change which broadens coverage under this edition of our policy without additional premium charge, that change will automatically apply to your insurance as of the date we implement the change in your state, provided that this implementation date falls within 60 days prior to or during the policy period stated in the Declarations. This Liberalization Clause does not apply to changes implemented through introduction of a subsequent edition of our policy.

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Liberalization Clause. If we change any form attached to your policy, you will benefit by any coverage that is broadened or extended. There must not be any increased premium charge for this change in endorsement. This change must occur during the period that this policy is in force or within 45 days prior to the effective date of coverage.

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Liberalization Clause. If, after the issuance of this Policy and before its expiration, there be adopted and published for use in this Province by the Company any forms, endorsements or rules by which the insurance provided by this Policy could be extended or broadened without additional premium charge, either by endorsement or substitution of form, then, as to loss occurring after the effective date of such adoption and publication, such extended or broadened insurance shall inure to the benefit of the Insured hereunder as though such endorsement or substitution of form had been made. This policy is subject to the terms and conditions set forth herein together with such other terms and conditions as may be endorsed hereon or added hereto. No term or condition of this policy shall be deemed to be waived in whole or in part by the Insurer unless the waiver is clearly expressed in writing, signed by a person authorized for that purpose by the Insurer.

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Liberalization Clause. If the State Board of Insurance adopts a revision which would broaden or extend the cov- erage under this policy without additional premium within 45 days prior to or during the policy period, the broad- ened or extended coverage will immediately apply to this policy.

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Liberalization Clause. If we adopt a revision which would broaden the coverage under this policy without additional premium within 60 days prior to or during the policy period, the broadened coverage will immediately apply to this policy.

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Liberalization Clause. If we adopt any revision of forms or endorsements during a policy period which would broaden coverage under this policy without additional premium, the broadened coverage will automatically apply to this policy as of the date of adoption, provided that this change occurs 60 days prior to or during the period that this policy is in force. This does not apply to forms revisions of a subsequent date that shall include changes that broaden and restrict coverage whether such revisions are a general program revision or a revision by amendatory endorsement.

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Liberalization Clause. For a period not exceeding twenty four months from this policy's first inception date, this policy is extended to include any extension of coverage afforded under the direct property damage section of the Equipment Breakdown/Boiler and Machinery policy immediately preceding this policy but not afforded by this policy or subject to a lesser limit under this policy, provided that:

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Liberalization Clause. If w e make a change w hich broadens coverage under this edition of our policy w ithout additional premium charge, that change w ill automatically apply to your insurance as of Proof of mailing, w hether by postal mail or by electronic media or communication channel, w ill be suf f icient proof of notice. Electronic notice w ill be provided upon placing it on our w ebsite pursuant to an electronic transaction agreement, or upon directing it to an electronic mailbox or voice channel that you designate f or the purpose of receiving mail. the date w e implement the change in your state, provided that this implementation date f alls w ithin 60 days prior to or during the policy period stated in the Declarations. This Liberalization Clause does not apply to changes implemented w ith a general program revision that includes both broadenings and restrictions in coverage, w hether that general program revision is implemented through introduction of :

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Liberalization Clause. If, at any time during the policy period, we make form revisions which would broaden the coverage under this policy, these changes will immediately apply to this policy and no additional premium will be required from you.

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Liberalization Clause. During the term of this policy, if “we” adopt and publish for use any forms, endorsements or rules which would extend or broaden the insurance provided by this policy, without additional premium charge, either by endorsement or substitution, then such extended or broadened insurance will apply to loss occurring after the effective date of such adoption and publication as though such endorsement or substitution had been made.

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Which property condition requires the insurer broaden coverage during the policy period without an increase in premium?

Including a liberalization clause allows insurers to expand coverage to comply with regulatory changes without issuing a new policy endorsement and notifying the policyholder. This clause enables the insurer to broaden the risks that a policy covers without requiring an additional premium from the policyholder.

Which of the following may broaden the coverage found in an insurance policy?

Which of the following may broaden the coverage found in an insurance policy? (Endorsements may be used to broaden, as well as restrict coverage set forth in the original policy.)

Which property insurance conditions states that a suit may not be filed by the insured against the insurer under certain circumstances?

Insurance.

Which of the following would you find in the conditions section of an insurance policy?

Policy Conditions — the section of an insurance policy that identifies general requirements of an insured and the insurer on matters such as loss reporting and settlement, property valuation, other insurance, subrogation rights, and cancellation and nonrenewal.