This insurance plan is currently unavailable on Squaremouth
$500 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
The Company will reimburse the Insured, up to the Maximum Limit shown in the Schedule or Declarations Page subject to the special limitations shown below, for Loss, theft or damage to the Insured’s Baggage, personal effects, passports, travel documents and visas during the Insured’s Trip after satisfaction of the Deductible shown in the Schedule or Declarations Page.
The Company will reimburse the Insured up to:
• $500 for the first item and thereafter
• $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.
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.
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 at its option:
(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.