Common use of Policy Limits Clause in Contracts

Policy Limits. Most Sections of your Policy have limits on the amount we will pay under that Section. Some Sections also have specific inner limits: for example, for Baggage. Please check your Policy to ensure that the cover is adequate for your needs. Property Claims These claims are settled based on the value of the property at the time of the loss and not the cost of buying new items. Your Policy details the claims procedure that must be followed for a claim to be accepted, in particular the requirement to obtain Police reports within 24 hours. Reasonable Care You must take all reasonable care to protect yourself and your property as if you were not insured.

Policy Limits. Most Sections of your Policy have limits on the amount we will pay under that Section. Some Sections also have specific inner limits: for example, for BaggageValuables. Please check your Policy to ensure that the cover is adequate for your needs. Property Claims These claims are settled based on the value of the property at the time of the loss and not the cost of buying new items. Your Policy details the claims procedure that must be followed for a claim to be accepted, in particular the requirement to obtain Police reports within 24 hours. Reasonable Care You must take all reasonable care to protect yourself and your property as if you were not insured.

Policy Limits. Most Sections of your Policy have limits on the amount we will pay under that Section. Some Sections also have specific inner limits: for example, for Baggage. Please check your Policy to ensure that the cover afforded is adequate for your needsclearly understood. Property Claims (Baggage) These claims are settled based on the value of the property at the time of the loss and not the cost of buying new items. Your Policy details the claims procedure that must be followed for a claim to be accepted, in particular the requirement to obtain Police reports within 24 hours. Reasonable Care You must take all reasonable care to protect yourself and your property as if you were not insured.