Dec 27, 2021 09:56
2 yrs ago
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English term

reinstatement

English to Serbo-Croat Law/Patents Insurance
Iz ugovora o reosiguranju..
In the event of the whole or any portion of the liability hereunder being exhausted by loss, the amount so exhausted shall be automatically reinstated from the time of occurrence of the loss subject to payment of an additional premium calculated at pro-rata of the final reinsurance premium due hereunder being pro-rata only as to the fraction of the limit of liability reinstated.
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