1.1 The limits of indemnity required by this Schedule Part 9 (Insurances) shall be increased in multiples of £5,000,000 as follows. If on a renewal date the limits of indemnity figures stated in this Schedule Part 9 (Insurances) (index linked) shall exceed the existing limits of indemnity by £3,000,000, then the level of indemnity required by this Schedule Part 9 (Insurances) shall be increased by £5,000,000. To avoid doubt if on a renewal date the limits of indemnity figures stated in this Schedule Part 9 (Insurances) (index linked) shall not exceed the existing limits of indemnity by £3,000,000, then the level of indemnity required by this Schedule Part 9 (Insurances) shall remain unchanged.