PLATE GLASS BREAKAGE CLAUSE (US$ 500,000

This policy insures glass of all kinds, plain, plate or ornamented. The Insurer will indemnify the Insured by payment or at its option by reinstatement against breakage of the Glass Insured. Subject always to the terms, exceptions and conditions contained in this policy and the indemnity being limited to US$ 500,000 in each and every loss.

The insurer will also pay to the insured the reasonable cost of any necessary boarding up incurred in consequence of such breakage