Common use of Reinstatement of Sum Insured Clause in Contracts

Reinstatement of Sum Insured. After a loss, the full Sum Insured of this insurance shall be maintained. You are required to pay an additional prorated Premium based on the amount of loss calculated from the date of loss to the expiry date of insurance. Unvalued Policy Clause This is an unvalued Policy. You must prove to the satisfaction of the Company the value of the property at the time of the happening of its destruction or the amount of such damage. HOW YOUR POLICY MAY BE CANCELLED (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) You may cancel this Policy at any time by giving Us notice in writing. You shall be entitled to a refund of Premium after We have charged You based on Our Customary Short-period Rates or minimum Premium payable under the Policy, whichever is higher. We may also cancel this Policy at any time by giving You seven (7) days’ notice in writing and will refund the prorated Premium equal to the unexpired Period of Insurance.

Reinstatement of Sum Insured. After a loss, the full Sum Insured sum insured of this insurance shall be maintained. You are required to pay an additional prorated Premium pro rata premium based on the amount of loss calculated from the date of loss to the expiry date of insurance. Unvalued Policy Clause This is an unvalued Policypolicy. You must prove to the satisfaction of the Company the value of the property at the time of the happening of its destruction or the amount of such damage. HOW YOUR POLICY MAY BE CANCELLED (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) You may cancel this Policy policy at any time by giving Us notice in writing. You shall be entitled to a refund of Premium premium after We have charged You based on Our Customary Shortcustomary short-period Rates rates or minimum Premium premium payable under the Policy, whichever is higher. We may also cancel this Policy policy at any time by giving You seven (7) days’ notice in writing and will refund the prorated Premium pro rata premium equal to the unexpired Period period of Insuranceinsurance.

Reinstatement of Sum Insured. After a loss, the full Sum Insured of this insurance shall be maintained. You are required to pay an additional prorated pro rata Premium based on the amount of loss calculated from the date of loss to the expiry date of insurance. Unvalued Policy Clause This is an unvalued Policy. You must prove to the satisfaction of the Company the value of the property at the time of the happening of its destruction or the amount of such damage. HOW YOUR POLICY MAY BE CANCELLED (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) You may cancel this Policy at any time by giving Us notice in writing. You shall be entitled to a refund of Premium after We have charged You based on Our Customary Shortcustomary short-period Rates rates or minimum Premium payable under the Policy, whichever is higher. We may also cancel this Policy at any time by giving You seven (7) days’ notice in writing and will refund the prorated pro rata Premium equal to the unexpired Period of Insuranceinsurance.

Reinstatement of Sum Insured. After a loss, the full Sum Insured of this insurance shall be maintained. You are required to pay an additional prorated pro rata Premium based on the amount of loss calculated from the date of loss to the expiry date of insurance. Unvalued Policy Clause This is an unvalued Policy. You must prove to the satisfaction of the Company the value of the property at the time of the happening of its destruction or the amount of such damage. HOW YOUR POLICY MAY BE CANCELLED (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) You may cancel this Policy at any time by giving Us notice in writing. You shall be entitled to a refund of Premium after We have charged You based on Our Customary Short-period Rates or minimum Premium payable under the Policy, whichever is higher. We may also cancel this Policy at any time by giving You seven (7) days’ notice in writing and will refund the prorated pro rata Premium equal to the unexpired Period of Insurance.