<p>It is hereby declared and agreed that in the event of a loss, no average clause shall apply to the property insured under this policy should the sum insured represent an underinsurance of not more than the percentage Stated in the Policy Schedule. However, for the special percentage Stated in the Policy Schedule provision the Condition of Average would have applied the insured shall pay to the ALLIEDBANKERS INSURANCE CORPORATION&nbsp;an additional premium based on the difference between the actual value at the time of the loss and the actual sum insured from the time of the loss to the expiry of the policy period. This special condition shall apply after the application of Automatic Increase and/or Capital Additions Clause, if required.</p>
