VALUABLE ITEMSPOLICY

VIP INSURANCE

OUR MISSION IS YOU. ®

1 23 019 11 17AFI.org

®®

AFI.org

• Home • Renter • Auto • Flood • Pet Health

• Business • Watercraft • Motorcycle

More coverages available.

Call 800.255.6792 for the right answers from a real person.

Visit: www.afi.org for more information.

Class Rings

Give description, weight of stone(s), kind of metal used for mounting, and any peculiarities helpful in identifying the item.

If you are uncertain of how to list any particular item, please call us at 800.255.6792 for assistance in scheduling.

ExclusionsSome of the exclusions are loss and damage by: wear and tear; deterioration; smog; mechanical breakdown; moth; rodents; vermin; extremes of temperature; marring and scratching; war; nuclear reaction; and while the property is in the custody of a public carrier or storage facility, rough handling, improper packing, and the perils of loading and unloading.

The Valuable Items Policy is not available for:• Business property• Securities, deeds, tickets• Real estate• Animals, birds, fish• Aircrafts• Watercraft• Motor vehicles• Campers• Trailers and semitrailers• Mobile devices such as cell phones,

electronic tablets, etc.• Smart watches• Eyeglasses, contact lenses• Hearing aids• Money, gold, bullion, silver (other than

silverware)• Individual items valued at less than $100.

There are several other factors which help determine if an item is a fine art or antique of special value:

• condition • authenticity

• rarity • age

• historical significance

• it is currently fashionable

• place where found or produced

• artistic quality (created by skilled crafts person)

You should clearly identify and establish the value of the fine art or antique when you schedule it. In scheduling the item, describe it in detail. List the title, artist, color, size, type, age and any other information that would make identification easy.

Firearms and Weapons

This includes guns and swords and equipment for use with them. Provide make, model, grade, serial numbers and any other data which serves to identify.

Jewelry, Watches and Furs

For jewelry, provide name, color, cut, clarity and carat weight of gemstones, and kind of metal used for mounting. Include any peculiarities helpful in identifying the item.

Pieces valued at $10,000 or more require a current appraisal from a graduate gemologist with credentials included on the appraisal or GIA, AGS, IGI, or EGL grading report included.

For watches, provide the name of manufacturer, number of jewels, and other identifying information such as serial number.

Furs include garments trimmed with fur or consisting principally of fur. Provide name of fur, type of article, and other identifying information.

Musical Instruments

Give name of instrument, manufacturer, model.

in the Special Limits on Certain Property. These differences follow.

The limit for jewelry, watches, furs, precious and semi-precious stones in the basic policy is removed and replaced by the following.

• $1,500 limit applies to university, college, or service academy rings for the perils of theft, accidental breakage, and mysterious disappearance or loss.

• $2,500 limit applies to all other jewelry, watches, furs, precious and semi-precious stones, with a sub-limit of $500 for any one item, pair or set, for the perils of theft, accidental breakage, and mysterious disappearance or loss.

The following two limitations are added.

• $2,500 for accidental breakage of “fine arts” or “antiques”.

• $2,500 for accidental breakage of musical instruments.

Listing ItemsThe VIP policy lists separately each item, or sets or pairs of items, which you have chosen to insure on the VIP. You provide the list and the value of each item and we prepare a “schedule” of the items to include with the policy.

“To schedule” means to allocate specific dollar amounts of insurance to individual articles you choose to list and describe. The following provides examples of how to describe those items. For unique items such as fine arts and antiques, photos are helpful in the event of a loss.

Payment for loss to any scheduled item is never more than the amount shown for the item on your schedule. The unscheduled personal property insurance of most policies does not provide coverage for any item that you insure separately. Therefore, the figure in the “Amount of Insurance” column should be an accurate representation of the full replacement value of the item. We recommend that you review your policy annually to maintain current replacement values.

Pairs and Sets

A pair or set is comprised of articles which naturally complement each other and the loss of one article may reduce the value of the entire pair or set by a sum greater than the value of the single article lost.

Example: A pair of earrings, a pair of candlesticks; an antique silver punch bowl with a set of 18 matching cups.

How to Describe Scheduled Items

Stamp and Coin Collections

Describe the items, pairs, sets, and collections, with an amount assigned to each group or class.

Please Note: At the time of loss, we require a detailed, substantiated list of the items and values involved in the loss. If you cannot provide such a list, payment will not exceed $250 even if you scheduled an item, pair, set, or collection for hundreds or even thousands of dollars more.

Silverware, etc.

This includes items made of silver, gold, pewter, platinum, and/or bronze such as tableware, flatware, hollowware, dishes, vases, and ornaments. Give pattern, manufacturer, number of place settings, number and type of pieces per setting, number of additional serving pieces of the same pattern and manufacturer.

Cameras, Projection Equipment, etc. (includes video cameras)

Describe and list each camera, projection machine and allied equipment. Include the manufacturer, type, identifying numbers and value of each item.

Fine Arts and Antiques

This includes paintings, etchings, pictures, tapestries, hand woven rugs, Lladros, Hummels, statuary, marbles, bronzes, antique furniture, rare books, glass, and other bona fide works of art.

(continue on other side)

lens, drop a piece of your sterling silverware into the garbage disposal, or chip/crack a gemstone.

Household Goods (HG) Policy for Tenants “Special Limits on Certain Property”.

The HG policy insures personal property for members who do not own the home in which they live. While the Armed Forces Insurance HG policy is regarded as excellent coverage, all property policies contain limits on the amount of coverage they provide for certain types of property losses. Listed below are some of the limits and sub-limits in the basic HG policy. These are the types of property which can be insured on the VIP to overcome the dollar limit.

• $1,500 for cameras, their cases, lenses and allied equipment.

• $2,500 for theft of silverware, silver-plated ware, gold ware, gold-plated ware, platinum ware, platinum-plated ware and pewter ware; includes flatware, hollow ware, tea sets, trays and trophies made of or including silver, gold or pewter.

• $1,500 for theft of jewelry, watches, furs, precious and semi-precious stones with a sub-limit of $500 for any one item, pair or set of these types of property (this sub-limit does NOT apply to university, college or service academy class rings).

• $2,500 for theft of firearms and related equipment with a $500 sub-limit per item.

• $250 for medals and coins/numismatic property.

• $1,500 for stamps/philatelic property.

If the Comprehensive Coverage Endorsement is included in your policy, there are some differences

Coverage at a Great Price!

The Armed Forces Insurance Valuable Items Policy is designed to allow you to select extra coverage for certain losses.

Each $1,000 of coverage costs only $9.00 per year (in most states) with no deductible.

VIP coverage is issued as a supplemental policy to the following:

1. Conventional Homeowner Policy;

2. Conventional Condominium Policy;

3. Household Goods Policy (including Renters package).

Conventional homeowner policy and condominium policy ”special limits of liability”.

Conventional policies usually have dollar limits for certain types of items (limits vary by state). Some of AFI’s limits are:

• Payment for theft of jewelry, watches, and furs varies from $500 to $5,000.

• Payment for any covered loss to coin/numismatic property varies from $200 to $500.

• Payment for any covered loss to stamp/ philatelic property varies from $1,000 to $1,500.

• Payment for theft of firearms and equipment up to $2,500.

• Payment for theft of gold-,platinum-,pewter-, and silver-ware up to $2,500.

Under the conventional homeowner policy, losses due to the mysterious disappearance of an item must be related to theft. The mere losing or misplacing of an item, for example the loss of a gemstone from its setting, is not covered. Nor are you protected if you accidentally break a camera

Why a Valuable Items Policy (VIP)?The Valuable Items Policy takes care of your prized possessions anywhere in the world. Its purpose is to help you overcome some of the special limits of your primary personal property coverage.

VALUABLE ITEMSPOLICY

VIP INSURANCE

OUR MISSION IS YOU. ®

1 23 019 11 17AFI.org

®®

AFI.org

• Home • Renter • Auto • Flood • Pet Health

• Business • Watercraft • Motorcycle

More coverages available.

Call 800.255.6792 for the right answers from a real person.

Visit: www.afi.org for more information.

Class Rings

Give description, weight of stone(s), kind of metal used for mounting, and any peculiarities helpful in identifying the item.

If you are uncertain of how to list any particular item, please call us at 800.255.6792 for assistance in scheduling.

ExclusionsSome of the exclusions are loss and damage by: wear and tear; deterioration; smog; mechanical breakdown; moth; rodents; vermin; extremes of temperature; marring and scratching; war; nuclear reaction; and while the property is in the custody of a public carrier or storage facility, rough handling, improper packing, and the perils of loading and unloading.

The Valuable Items Policy is not available for:• Business property• Securities, deeds, tickets• Real estate• Animals, birds, fish• Aircrafts• Watercraft• Motor vehicles• Campers• Trailers and semitrailers• Mobile devices such as cell phones,

electronic tablets, etc.• Smart watches• Eyeglasses, contact lenses• Hearing aids• Money, gold, bullion, silver (other than

silverware)• Individual items valued at less than $100.

There are several other factors which help determine if an item is a fine art or antique of special value:

• condition • authenticity

• rarity • age

• historical significance

• it is currently fashionable

• place where found or produced

• artistic quality (created by skilled crafts person)

You should clearly identify and establish the value of the fine art or antique when you schedule it. In scheduling the item, describe it in detail. List the title, artist, color, size, type, age and any other information that would make identification easy.

Firearms and Weapons

This includes guns and swords and equipment for use with them. Provide make, model, grade, serial numbers and any other data which serves to identify.

Jewelry, Watches and Furs

For jewelry, provide name, color, cut, clarity and carat weight of gemstones, and kind of metal used for mounting. Include any peculiarities helpful in identifying the item.

Pieces valued at $10,000 or more require a current appraisal from a graduate gemologist with credentials included on the appraisal or GIA, AGS, IGI, or EGL grading report included.

For watches, provide the name of manufacturer, number of jewels, and other identifying information such as serial number.

Furs include garments trimmed with fur or consisting principally of fur. Provide name of fur, type of article, and other identifying information.

Musical Instruments

Give name of instrument, manufacturer, model.