Real easy answer,
Both legally and for the Insurance Company angle.
A. REPLICA; Built as a replication of the original in all aspects.
Main Entry: rep·li·ca
Pronunciation: 're-pli-k&
Function: noun
Etymology: Italian, repetition, from replicare to repeat, from Late Latin, from Latin, to fold back
Date: 1824
1 : an exact reproduction (as of a painting) executed by the original artist <a replica of this was painted... this year -- Constance Strachey>
2 : a copy exact in all details <DNA makes a replica of itself> <sailed a replica of the Viking ship>; broadly : COPY <this faithful, pathetic replic
B. KIT; An assembly built from a lists of parts, normally not to replicate but to sell at a lower cost.
Main Entry: 1kit
Pronunciation: 'kit
Function: noun
Etymology: Middle English
Date: 14th century
1 dialect British : a wooden tub
2 a (1) : a collection of articles usually for personal use <a travel kit> (2) : a set of tools or implements <a carpenter's kit> (3) : a set of parts to be assembled or worked up <model-airplane kit> (4) : a packaged collection of related material <convention kit> (5) chiefly British : GEAR> a container for any of such sets or collections
3 : a group of persons or things -- usually used in the phrase the whole kit and caboodle
Go to the BLACKS LAW Dictionary if you seek the legal interpertation, no more no less, There are a lot of kits out there, very few replicas.
grumpy