Operative clauseOperative Clause • November 30th, 2015
Contract Type FiledNovember 30th, 2015In consideration of the payment of the premium by or on behalf of the insured, Old Mutual Insure Limited (hereinafter called "the company") agrees to indemnify or compensate the insured by payment or at the option of the company by replacement, reinstatement or repair in respect of the Defined events occurring during the period of insurance and as otherwise provided under the within sections up to the sums insured, limits of indemnity, compensation and other amounts specified.