How is the value of my insurance policy determined?

The value of your items will be determined as follows:

1. Based on the total value as declared by you via the special application form
or
2. At a value of € 2.500,- per cubic meter volume (only possible up to maximum
€200.000,-)

In both cases you do need to specify all items, with an individual value of more than € 1.000, – on the attached list.

Important to note:
The value always needs to cover the replacement value* in the country of destination, which requires some further investigation. If, in case of damage, it appears that your goods are under insured, the reimbursement will adjusted downwards accordingly.

* The term replacement value stands for the amount, required to re-obtain items of a similar kind, quality, quantity, condition and age.

It is advisable to insure the removal costs as well, which covers the investment in your household and covers the charges for shipping items that, in case of total loss, should they need replaced from the home country.