<p style="margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace">It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover extra charges for airfreight.</span></p>

<p style="margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace">Provided always that such extra charges are incurred in connection with any loss of or damage to the insured items recoverable under the Policy.</span></p>

<p style="margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace">Provided further that the maximum amount payable under this Endorsement in respect of airfreight shall not exceed the amount stated below during the period of insurance.</span></p>

<p style="margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace">Deductible : 20% of indemnifiable extra charges, minimum <s>P</s>25,000.00 each and every loss</span></p>

<p style="margin-right:1.45pt; text-align:justify"><span style="font-family:courier new,courier,monospace"><strong>Maximum amount payable:&nbsp; </strong><s>P</s>1,000,000.0</span></p>
