Minggu, 12 Mei 2013

Automatic reinstatement of value clause (automatic reinstatement of sum insured clause)

It is agreed that in the event of indemnifiable loss or damage the insured shall have the right upon request to reinstate the sum insured in which event the insured shall pay additional premium at an agreed rate on the amount of the loss from the date of such loss or damage to the expiry of the period of insurance.
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