<p>This Policy extends to cover amounts representing any increase in value of the sum insured on each item up to AS PER POLICY SCHEDULE of the total sum insured. It being understood that the Insured undertakes to advise all such additional insurance within AS PER POLICY SCHEDULE from the date of the inception of such increases and to pay additional insurance premium required from the date of inception thereof.</p>

<p>Following the advice of any additional insurance, the provisions of this memorandum is fully reinstated.</p>
