Market Value Replacement Items
The majority of your contents under the initio owner occupied contents policy are covered on a new-for-old basis. The only items covered for their market value are listed below. All other contents items under the policy are covered for new replacement.
Market Value Replacement Items: | |
Books | |
Clothing & Footwear | |
Media, Software, Programs and Digital Data | |
Camping and Sports Equipment | |
Boats & Boating Accessories | |
Remote Airplanes, and Accessories | |
Household Linen | |
Computers, Laptops over 5 years old |
Don’t worry, you’re still covered for these items. This simply means a depreciated payout will be made based on the item’s age and second-hand value.