Escalation clause added to the fire policy allows automatic regular increase not exceeding ______% in sum insured throughout the period of the policy.

Escalation clause: It will be in order for insurers to allow automatic regular increase in the sum insured throughout the period of the policy in return for an additional premium to be paid in advance. The terms and conditions for this extension shall be as follow: (a) The selected percentage increase shall not exceed 25% of the sum insured. (b) The additional premium, payable in advance, will be at 50% of the full rate, to be charged on the selected percentage increase. (c) The sum insured at any point of time would be assessed after application of the escalation clause. (d) Escalation clause will apply building, machinery and accessories only and will not apply to stock.