Summary of Policy Changes

A summary of the changes to the Masterpiece^® policy is listed below. This is not an exhaustive list of the changes made and does not form part of the Masterpiece Policy.

For full details of the terms, conditions and exclusions, it is important that You read the Masterpiece Policy Wording document carefully.

Throughout the Masterpiece policy, there have been numerous amendments to clarify the wording. Defined terms have been capitalised throughout the Masterpiece policy for consistency. Also some terminology has been changed to better reflect current Singapore terminology. In addition to these general amendments, specific changes noted below have been made.

• With effect from 1 April 2021, coverage for Blanket Cover will be revised up to the new limits per article listed below:
  
  1. Jewellery & Watches: $15,000 (previously $5,000)
  2. Fine Art: $15,000 (previously $5,000)
  3. Wine: $2,000 (previously $1,000)

If you would like to find out more or if you have any questions please don’t hesitate to contact our Personal Risk Services team at sng.masterpiece@chubb.com.