Not all insurance products are equal. When it comes to protecting the things that matter most, the last thing you need to hear – should your valuables be lost, stolen or damaged – is that they’re not insured for their true value.
While typical homeowner’s policies are designed to cover your home and what’s inside, there is sometimes limited coverage for valuable possessions – such as jewellery, fine art, wine and spirits, bicycles, and antiques – that may get lost, stolen, or damaged.
With a Chubb Masterpiece® policy, you can cover the special possessions that matter to you.
If you don’t want itemised cover, we can tailor a programme that covers every item under one blanket limit with a specified limit per item. So if you have a loss, your valuable item/s will be replaced or repaired up to the insured limit.
If a valuable with itemised cover is damaged and suffers a loss in market value as a result, Chubb will pay for the reduction in market value up to the insured amount.
Often valuable items form a part of a pair or set. With Masterpiece, if one piece of an itemised pair or set is lost or damaged, we’ll cover the replacement cost of the entire set. All we need is the remaining piece(s).
In the unfortunate event a valuable item is irreparably damaged or lost, you can choose to take cash rather than replacing if it suits you better.
With Masterpiece your valuables are automatically covered wherever you take them in the world.