On costs and expenses necessarily and reasonably incurred by the insured following loss or damage to the property insured.
- To reconstruct and recompile records (but not for the value of the insured of the information contain therein)
- To extract and compile information required by the company form the insured’s own records for the purpose of preparing a claim under the policy but excluding \legal investigation and research fees/ expenses incurred for the purpose of contesting any issue over the Company’s liability under the policy.
Provide always that:
- No amount shall be recoverable under this endorsement if subsequent to the insurance of any expenses, the insurer shall deny liability for any claim in respect of which the expenses have been incurred (with or without the consent of the Insurer);
- The insurer’s liability does not exceed the limits as specified in the schedule maximum 1% of sum insured
