Modular = standard pieces assembled to fit the business.

Every CPP: Common Policy Declarations + Common Policy Conditions.

Limits and deductibles sit in each coverage part's declarations.

Package minimum = common declarations + common conditions + 2 or more coverage parts.

Workers' compensation is not a CPP coverage part.

Monoline = one coverage part, no package credit.

First named insured = pays premium, receives refunds, requests changes, cancels.

"You/your" = named insured; "we/us/our" = insurer.

ISO base cancellation notice: 10 days nonpayment, 30 days other reasons.

Policy terms change only by an insurer-issued endorsement.

Books and records: policy period + up to 3 years after.

Inspections serve insurability and premium, not safety.

Transfer needs the insurer's written consent; at death, rights pass to the legal representative.

§520: a claim for a loss that already happened can be assigned.

After 60 days: cancel only for listed reasons (nonpayment, fraud/misrepresentation, material change in risk).

Notice must give the effective date and the reasons.

Mailed within California: +5 days (30 becomes 35).

Nonrenewal notice: 60 to 120 days before expiration.

Late notice: same terms for 60 days after the notice is given.

Short-rate refund or cancellation fee: disclose in writing.