Page 31 - Fire Insurance Ebook IC 57

The Insurance Times

(9) This is the ' reinstatement' condition. The
operative clause provides that the company may pay
the value of the property at the time of its destruction
or the amount of damage or at its option reinstate/
replace such property.

The following provisions are made relating to
reinstatement/replacement in exercise of this
option:
(a) Reinstatement shall not be exact or complete but

shall be reasonably sufficient.

(b) Expenditure is limited to the cost of reinstating the
property to its pre-fire condition and the sum
insured.

(c) It is the duty of the insured to furnish all necessary
information to the insurer at his cost.

(d) Any action done by the insurer regarding
reinstatement shall be without prejudice to the final
decision.

(e) If due to municipal or other regulations in respect
of building constructions, the insurer is unable to

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