<p style="text-align: justify;">It is hereby declared and agreed that in the event of loss or damage to the scheduled vehicle or its accesories or spare parts necessitating the supply of parts/accessories, or in the event of the Company exercising the option to pay in cash the amount of loss or damage, the liability of the Company, in respect of any such part/accessory shall be limited to the tax free value of such part/accessory plus the reasonable cost of fitting such part/accessory. It is further declared and agreed that in case of importation, all freight charges, duties and taxes thereof shall be for the accoount of the assured.</p>
