 |
 |
 |
www.acorn-insurance.co.uk
enquiries@acorn-insurance.co.uk
|
Summary of HSBC KitPlus cover
Section 1 - Service uniforms, kit and equipment
Cover is available on a worldwide basis or for the United Kingdom only for issued or
privately-purchased service
uniforms, kit and equipment. Cover is on a new-for-old basis, unless economically repairable. In addition, the
following coverage extensions are automatically included, subject to policy limits:
- Service kit and equipment on temporary issue to you.
- Money.
- Credit Cards.
- Medals and decorations awarded to you.
Personal possessions
Cover is also given for personal possessions on a worldwide basis for your personal possessions such as civilian clothing, jewellery, watches, cameras, mobile phones, portable electronic equipment and the like.
You should make allowance under this section for all items that you would expect to use or wear outside your home or accommodation.
Certain articles need to be listed separately on the proposal form and a receipt, valuation or other proof of value is required if the article is worth more than £3,000.
Section 2 - Home contents
This section covers those items you would expect to remain inside your home or accommodation. Cover is on a new-for-old basis unless economically repairable. If you select worldwide cover, your home contents will be covered in your home or accommodation wherever you live. If you move, or are sent on a posting or detachment, your contents will be covered whilst in storage or transit by professional removers or military transport authorities anywhere in the world. You should let us know your new address as soon as possible.
If you select United Kingdom cover, your contents will be covered while in your home or accommodation in England, Scotland, Wales, Northern Ireland, the Isle of Man, the Channel Islands and the offshore islands. Your contents will also be covered whilst in storage or transit in or between any of these places.
You will need to advise us beforehand and pay an additional premium if you plan to move outside these areas. If you are posted or detached abroad at short notice, we understand that insurance may be the last thing on your mind. The policy gives a 30-day grace period from the date of your move to give you time to inform us. During the grace period, your contents will be covered as if worldwide cover had been issued, but you will have to pay the additional premium from the date of your move.
Your contents will be covered against loss or damage by named perils. Accidental damage cover is included automatically. In addition, this section also provides the following valuable cover:
- Alternative accommodation costs of up to 35 per cent of your contents sum insured if your home is made uninhabitable by loss or damage that is covered by this insurance.
- Up to £750 for loss of metered water.
- Up to £150 for the cost of replacing freezer contents.
- Up to £1,000 for loss of or damage to title deeds.
- Up to £250 for loss of or damage to contents in the open but within the premises.
- Up to £250 for the cost of changing or replacing locks if you lose your keys, or following accidental damage.
- Up to £500 for prams, pushchairs and wheelchairs anywhere within the territorial limits chosen.
- Up to £3,000 increase in contents sum insured during the Christmas season to cover gifts, food and drink.
- Up to £3,000 increase in contents sum insured to cover wedding gifts if one of your family or you get married.
- Up to £5,000 if you die as a result of a fatal accident due to fire, lightning, explosion or assault by thieves in your home, or as a result of an accident whilst travelling as a fare-paying passenger in a road or rail conveyance.
- Up to £10,000 for your responsibility under marchout/out-muster.
- Up to £250,000 for your legal liability as a tenant.
Section 3 - Buildings
This section covers your house, together with its garages, outbuildings, swimming pools, tennis courts, terraces, patios, drives, paths, walls, gates, fences and hedges against named perils. Accidental damage cover is available.
Section 4 - Accidents to domestic staff
This section covers costs you are legally liable to pay for accidents to domestic staff of amounts up to a maximum of £10,000,000. There is no additional charge for this section.
Section 5 - Legal liabilities
This section covers your legal liabilities to members of the public up to £5,000,000. There is no additional charge for this section.
Section 6 - Pedal cycles
This section covers you and your family’s pedal cycles anywhere in the world. You will need to specify the number of cycles to be insured in each value band. If you have any cycle(s) valued at over £1,000, your proposal will need to be submitted for prior approval together with a list of such cycle(s). Cover is for replacement cost less an allowance for wear and tear.
Section 7 - Legal expenses
This section covers your legal expenses in taking or defending legal proceedings in a court (other than a military court) within Great Britain, Northern Ireland, the Channel Islands or the Isle of Man arising from:
- Your death or personal injury (other than as a result of an accident involving a motor vehicle you were driving)
- Damage to your personal possessions
- Consumer disputes
- An infringement of your legal rights under the Data Protection Act 1998
- Property disputes
- Employment disputes*
- A civil claim or criminal prosecution brought against you relating to your normal duties as an employee*
*Cover does not extend to claims arising from service in the armed forces.
This section is underwritten by Brit Insurance Limited and managed on their behalf by Capita Assistance, a trading division of Capita Insurance Services Limited.
Important notes about your policy
Underinsurance
In common with other household policies, there is a clause that limits the amount of claim payment if you have underinsured. This not only applies to buildings but also to privately purchased kit, personal possessions, home contents and cycles. We strongly recommend you make a list of all such items, room by room, and estimate the cost of replacing each as new to avoid underinsurance. Items insured as personal possessions (e.g. clothing, jewellery and the like) should not be included again as home contents.
Where your estimate falls between the bands of sums insured available on the proposal, we recommend you select the higher band to allow for any acquisitions you may make during the year.
Special items
Certain items need to be specially listed on the proposal form, especially laptop computers. For each item worth more than £3,000, a receipt, valuation or other proof of value must be provided.
Insurance Premium Tax
Insurance Premium Tax, currently 5 per cent, must be added to the sub-total of monthly payments but not if you reside overseas at inception of the policy. A premium calculation section is included in the proposal to assist you with the calculation.
Excess/Conditions/Limitations
Please note that there are conditions, limitations and excesses within the policy and, in addition, we reserve the right to change and limit cover.
Security
In the interests of security, we will use your civilian title in all correspondence. If you would prefer to be addressed by your rank, please indicate this by circling clearly your rank on the proposal form. HSBC Insurance (UK) Ltd aims to provide you with the best insurance products and the best service at the best possible price.
|
|
| Wessex House, Upper Market Street, Eastleigh,
Hampshire SO50 9FD Tel: 023 8061 8308 Fax: 023 8064 1602 |
|
|
