Posts Tagged ‘REINSTATEMENT OF SUM INSURED CLAUSE’

The insurance by this policy shall not be reduced by the amount of loss unless specific advice is given by the Insurer to the contrary and the insured undertakes to pay the appropriate extra premium on the amount of the loss from the date thereof to the date of the expiry of the period of insurance.  Full story

It is understood and agreed that in the event of loss or damage by any of the perils insured against to the property above described and in the absence of written notice by the Company or the insured to the contrary the amount of insurance cancelled by loss is to be automatically reinstated as from the date of loss, The Insured ... Full story