Coverage
Worldwide All Risk and Single Items
Many Thailand Home Contents insurance policies will offer policyholders the ability to insure their personal possessions on a “worldwide all risks basis.” This means that not only are your belongings covered against all losses while inside the home, it is also possible to receive this same protection anywhere on earth, no matter where you are or what happens.
Under most contents insurance policies in Thailand, basic protection is offered up to a standard limit for all items in your possession. Things like Jewelry, Artworks, Wine, Watches, and Musical Instruments can all be covered as standard under an insurance policy of this type. However, it is important to understand that the standard limit available under many home contents policies may not fully cover you against the loss of a more expensive item.
In the event that you would like to fully cover your high worth valuables under a single Home Contents insurance policy it is possible to specify an item for coverage under the plan up to an agreed limit – meaning that if, for example, an artwork was damaged by a guest during a party, you would receive the full value of that item for reimbursement.
Specifying single items for coverage under your Thailand Home Insurance policy may increase the premium you can expect to pay.
