<p>Notwithstanding what has been stated in the contrary under this policy. It is hereby declared and agreed that in the event of loss or damage to merchandise (finished stock) the basis of loss settlement shall be selling price or the fair market value of the said merchandise or finished stocks at the time loss, provided that declaration of values shall be made on the same basis, otherwise no payment shall&nbsp; be made beyond amount which would have been payable under this policy if this clause has not been incorporated therein.&nbsp;</p>
