Posts Tagged ‘REINSTATEMENT OF LOSS CLAUSE (EVET)’

REINSTATEMENT OF LOSS CLAUSE (EVET)

In consideration of the Insured undertaking to pay additional premium at the agreed rate on the amount of loss calculated on a pro rata basis from the date of such loss to the expiry of the current period of insurance, it is agreed that in the event of loss the insurance hereunder shall be maintained in force for the full sum insured... Full story
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