Page 39 - Fire Insurance Ebook IC 57

The Insurance Times

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 reinstate, then liability is limited to such sum
as would be required to reinstate the property if
the same could be lawfully reinstated. Though

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