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ii) have the right to enter the premises where the damage has occurred and to keep possession
of any of the property insured and to deal with the salvage in a reasonable manner but you
will not be entitled to abandon any property to us; and
iii) be entitled to take the benefit of any rights of yours against any other party before or after
you have received indemnification under this policy and you will give all assistance as may be
reasonably required by us; and
iv) not be bound if we elect to reinstate or replace any property to reinstate or replace it exactly
or completely but only as circumstances permit and in a reasonably sufficient manner and will
not in any case be bound to expend in respect of any one item insured more than the sum
insured stated in the schedule.

4. Fraud
If any claim is in any respect fraudulent or if any fraudulent means be used by you or anyone acting on
your behalf to obtain any benefit under this policy or if any damage or injury be occasioned by your
wilful act or with your connivance all benefit under this policy will be forfeited.

5. Increase in Risk
You will notify us as soon as possible of any change in circumstances occurring after the
commencement of this policy whereby the risk of accident, damage or injury is increased.

6. Long Term Undertaking
This condition will be applicable separately to each part of this policy unless otherwise stated in
the schedule.
In consideration of a discount being incorporated in the premiums on parts of this policy you
undertake to offer annually the insurance under each such part on the terms and conditions in force at
the expiry of each period of insurance and to pay premiums in advance it being understood that:

a) we will be under no obligation to accept an offer made in accordance with this undertaking
b) the sum insured may be reduced at any time to correspond with any reduction in value or in
the business
c) in respect of parts L, N and O only rates will be amended at each renewal date in line with the
change in the Average Earnings Index for Whole Economy Excluding Bonuses during the period of
12 months which expires 3 months prior to the month of renewal.
This undertaking applies to any policy or part which may be issued by us in substitution for this policy
or part and the same discount will be incorporated in the premium on any substituted policy or part
issued by us.
Payment of the first or renewal premium will be deemed acceptance by you of this condition.

7. Observance
The due observance and fulfilment of the terms and conditions of this policy by you in so far as they
relate to anything to be done or complied with by you will be a condition precedent to our liability to
make any payment under this policy.

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