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In case of loss, BHPVI will consider re-evaluating the market value before determining the lost goods. If the value of the identified goods is higher than the insured amount, the compensation amount will be calculated according to the ratio between the insurance policy and the value of the identified goods, but not exceeding the insurance premium. If the appraised value of the goods is lower than the insured amount, the maximum compensation amount shall not exceed the re-appraised value of the goods.
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