Are Your Lost Or Stolen Belongings Covered?

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this…

Most comprehensive travel insurance policies (not basic, medical-only ones) include coverage for theft, loss or damage of your luggage and personal effects in a range of circumstances. These include:

• Many belongings that are lost, stolen or damaged, whilst they are accompanying you on your trip
• Theft of cash from your person up to a specified limit
• Luggage delays by an airline or other transport authority (over a certain number of hours), and you need to buy food, clothes, or other toiletries (again, up to a certain limit) until your luggage arrives

When you're not covered

There are a number of situations when you're unlikely to be covered:

• Leaving items in a hotel after you've checked out
• Leaving items behind, such as in a plane or at the airport
• Specific expensive items (check your policy documents) such as jewellery, mobile phones, cameras, video cameras and laptops that are transported in the cargo hold of any aircraft, ship, train, train, tram or bus, rather than with you in your carry on luggage

How to make a luggage claim

Claiming for luggage and personal items is fairly straight forward. The procedures are generally very similar across insurers, but check your insurer's policy documents to be sure. To validate your claim, they generally require:

• Proof of payment and ownership - so they know that you owned/paid for the items
• Proof of loss - so they know that you have experienced a loss and should be compensated
• Proof of itinerary - so they know you and your items travelled

Looks like really useful info? Just click here to find out more. If you’d like to share perspectives or discuss how it relates to your business, call me on (07) 3243 0000 or email me at mfw@kingandcompany.com.au.

Thanks,

Mark