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 pro-rata Premium based on the amount of loss calculated from the date of loss to the expiry date of insurance.

Reinstatement of Sum Insured. After a loss, the full Sum Insured of this insurance shall be maintained. You are required to pay an additional proPro-rata Rata Premium based on the amount of loss calculated from the date of loss to the expiry date of insurance.