<p style="margin-left:0in; margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace">IT IS DECLARED AND AGREED that this policy covers architects&rsquo;, surveyors&rsquo; and professional fees necessarily incurred in the reinstatement of the contract works consequent upon its loss or damage but not for preparing any claim, it being understood that the amount payable under this policy in respect of such fees shall not exceed those authorized by the appropriate professional body.</span></p>

<p style="margin-left:0in; margin-right:38.5pt; text-align:justify"><span style="font-family:courier new,courier,monospace"><strong>Limit of Indemnity</strong> : 10% of loss, maximum of <s>P</s>1,000,000.00 </span></p>
