Liberty Quality Home - house and contents insurance
The property insured by this household insurance is the building (immovable property) and the contents (the furniture in the home), providing the insured sum is given in the schedule.
The property located inside of the building shall be construed as the contents, providing it belongs to the insured. Property belong to third parties shall also be included up to a maximum of 1,500 euros per claim.
The contents is comprised of the following three groups of objects:
2. Valuable objects
The following are considered to be valuable objects:
2.1 Jewels and jewellery
The goods and items listed below shall be construed as jewels and jewellery:
- Gold, silver and platinum objects, with or without pearls or set precious stones
- Gold, silver or platinum wristwatches
- Gold and silver coins
- Pearls and precious or semiprecious stones
- Precious mental ingots
Collections or sets shall be considered in their entirety as a single object.
2.2 Objects of special value shall be construed as the property and objects listed below:
- Paintings, silverware, sculptures, works of art, antiques, arms and marble objects
- Oriental rugs and tapestries
- Fine furs
- Stamp or coin collections
- Collector's books, incunabula or manuscripts.
Collections or sets shall be considered in their entirety as a single object.
Jewels, jewellry and objects of art of special value are guaranteed for up to a limit of 20% of the insured sum for contents, providing the unit value thereof or value per pair, set or collection is less than euros 2,000
Should the 20% limit indicated in the preceding paragraph be exceeded, this cover is conditional upon the excess being declared and the insured sum in the schedule of the policy being indicated on collection of the relevant premium.
The same rule applies for jewels, jewellery and objects of special value whose unit value or value per pair, set or collection is more than euros 2,000, which must be expressly declared and are insured for up to the insured sum expressly listed in the schedule of this policy.
Collections, as well as objects of historical and artistic value, shall be valuated based on their price in the corresponding specialised market for the purposes set forth above.