Automatic Reinstatement Clause(redirected from Automatic Reinstatement Clauses)
Automatic Reinstatement Clause
In some insurance policies, a clause restoring a limit after a claim is made and satisfied. For example, if a policy has a limit of $10,000 and a claim is made for $9,000, the next claim may be made for up to $10,000, regardless of the size of the previous claim.
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