<p>The Company shall in no case be liable for more than the aggregate limit of insurance set forth in this policy during any one policy period. &nbsp;Such amount of insurance shall be reduced by the amount of each loss or damage so claimed by the Assured and the balance, if any, shall be considered the amount of insurance available to the Assured for any loss or damage occurring thereafter.</p>

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<p>If at any time during the policy period the amount of insurance be fully exhausted and no reinstatement prior to such full exhaustion be allowed, then the cover provided under this section is deemed automatically cancelled and therefore null and void as at the time the event giving rise to such full exhaustion occurred.</p>

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<p>The amount of insurance may be reinstated only when requested by the Assured, approved by the Company and the premium is paid. &nbsp;The denial of any Claim does not automatically reinstate the Limit of Liability or amount of insurance to the extent of such claim so denied nor shall the addition of any Assured or property increase the Limit of Liability or amount of insurance existing at such time.</p>
