Paragraph 4: Utilisation of the original and reinstatement of sum insured
This paragraph deals with two scenarios (see illustrations B and C below) under sub-paragraphs (a) and (b) as follows: (a) Incomplete (partial) utilisation of the original sum insured
and (b) Reinstatement of fully utilised original sum insured
(reinstated sum insured) during the currency of this period (“the remaining policy period”). This paragraph is designed to “continue to provide this benefit… during the currency of this period” (the remaining policy period) “for the amount as stated above” ( the original sum insured or reinstated sum insured) (emphasis added):
“(a) Less any claim paid… for the repair;” or “(b) For the reinstated original amount provided you have paid to us a further additional premium for reinstatement.” Paragraph 4 (a) Incomplete (partial) utilisation of the original sum insured The word “repair” is not defined in the policy proper. Accordingly, the common and ordinary meaning of this word as defined in the dictionaries shall be considered by virtue of the contra preferentem rule.