$1,000 per person
$500 first item limit
$250 subsequent items limit
$500 specific items limit
Provides reimbursement for lost, stolen or damaged baggage or personal items. This coverage is usually for your entire trip, not just your flight. If you have items valued over $1000 it is best to have these items “scheduled” on your home-owners policy.
BAGGAGE AND PERSONAL EFFECTS
If Your Baggage, personal effects, passports, travel documents or visas are lost, damaged, or stolen during Your Trip, the Company will pay the lesser of: a) the cash value (original cash value less depreciation) as determined by the Company or, b) the cost of replacement, up to the Maximum Limit shown in the Schedule subject to the special limitations shown below.
Notwithstanding the foregoing, the Company will cover up to the maximum amount indicated for the following:
· $500 for the first item
· $250 per each additional item
· $500 aggregate on all Losses to: jewelry, watches, furs, cameras and camera equipment, camcorders, computers, electronic devices, including but not limited to: lap top computers, cell phones, electronic organizers and portable CD players.
Items over $150 must be accompanied by original receipts. If receipts are not provided, no benefits are payable.
The Company may take all or part of the damaged Baggage at the appraised or agreed value. In the event of a Loss to a pair or set of items, the Company may choose to:
a) repair or replace any part to restore the pair or set to its value before the Loss; or
b) pay the difference between the cash value of the Baggage before and after the Loss.