Common use of Optional Coverages Clause in Contracts

Optional Coverages. The following are optional coverages under this policy. The Policy Declaration page shows which, if any, optional coverages you have purchased. Applicable Only If The Form Number Appears On The Declarations Page Of The Policy VA - VALUABLE ARTICLES ENDORSEMENT Applicable Only If The Form Number Appears On The Declarations Page Of The Policy In return for your payment of the premium as stated separately on the Declarations page or included in the total premium we agree as follows: We insure your personal articles listed individually or described by category in the “Schedule of Articles Insured” against all risks of direct physical loss or damage subject to the terms and conditions of this endorsement. Territorial Limits This insurance applies worldwide. Limit of Insurance When articles are listed individually on the Schedule, the limit of insurance shall be indicated next to the description of each article. Should certain articles be described by category on the Schedule, the limit of insurance shall be indicated with respect to each category of articles. Basis of Settlement (Specified articles) If an article is listed in the “Schedule of Articles Insured”, we will pay as follows:

Optional Coverages. The following are optional coverages under this policy. The Policy Declaration Declaratio n page shows which, if any, optional coverages you have purchased. Applicable Only If The Form Number Appears On The Declarations Page Of The Policy VA - VALUABLE ARTICLES ENDORSEMENT Applicable Only If The Form Number Appears On The Declarations Page Of The Policy In return for your payment f or y our pay ment of the premium as stated separately on the Declarations page or included in the total premium we agree a gree as followsf ollows: We insure your y our personal articles listed individually indiv idually or described by category in the “Schedule of Articles Insured” against all risks of direct physical phy sical loss or damage subject to the terms and conditions of this endorsement. Territorial Limits This insurance applies worldwide. Limit of Insurance When articles are listed individually indiv idually on the Schedule, the limit of insurance shall be indicated next to the description of each article. Should certain articles be described by category on the Schedule, the limit of insurance shall be indicated with respect to each ea ch category of articles. Basis of Settlement (Specified articles) If an article is listed in the “Schedule of Articles Insured”, we will pay as followsf ollows: