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Contributor
Malcolm Soans
Posts: 23
Registered: ‎28-08-2017

How is premium calculated for insurance policy bought for and expensive painting?

How is premium calculated for insurance policy bought for and expensive painting?

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Accepted Solutions
Frequent Contributor
N.Kumari
Posts: 124
Registered: ‎11-10-2021
Solution

Re: How is premium calculated for insurance policy bought for and expensive painting?

Valuables items of content can be covered against its market value by providing declaration of individual items with their corresponding details

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Contributor
Dinal Shah
Posts: 25
Registered: ‎28-08-2017

Re: How is premium calculated for insurance policy bought for and expensive painting?

Contents of home include - furniture and fixtures, consumer durables, clothes, utensils, jewelry, etc. The valuation of contents is decided as per their Market Value after depreciation

Frequent Contributor
N.Kumari
Posts: 124
Registered: ‎11-10-2021
Solution

Re: How is premium calculated for insurance policy bought for and expensive painting?

Valuables items of content can be covered against its market value by providing declaration of individual items with their corresponding details

Frequent Contributor
N.Kumari
Posts: 124
Registered: ‎11-10-2021

Re: How is premium calculated for insurance policy bought for and expensive painting?

valuable item of content like jewellery, Valuables, paintings ,curious & Work of Art etc.