<p>At the request of the Insured, the insurance by this Policy may be extended for a period specified in the Policy Schedule from the expiry date stated in the Schedule based on expiring terms, conditions, sum insured and/or limits. &nbsp;Should the Insured requests such an extension, Insurers will be entitled to an additional premium calculated on a pro rate basis at the rates applying during the expiring period of insurance or at such rates as may be mutually agreed upon between the Insured and the Named Insured.&nbsp;</p>
