INCREASE VALUE CLAUSE (LIMIT 10% OF LOSS) #
“The undersigned hereby agree to accept, at the premium stated in the policy, additions to the sum insured to a maximum of in total 10 % of the insured amount under this policy, provided, however, that expiry dates of the aforesaid additions do not take place subsequent to the expiry date of this policy. The additions to the sum insured so accepted will be considered to take effect from the date of the postmark of the written statement or the date of the telegraphic instruction from the insured.
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