Insurance for your gear?

dkw · 29th June 2004

Hi guys,
I'm wondering if anybody here has any experience with buying insurance for your camera gear. I'm specifically looking at protection against theft from the household and/or whilst travelling. Any advice?

TIA,

glt · 29th June 2004

Same here, i'm looking for such insurance.

Clown · 29th June 2004

NTUC has it but it's not very friendly.. but if u die die need it then no choice lor..

ST1100 · 29th June 2004

There an Ailing Soo from Prudential (94507998) who covered my gear when i went to Nepal last year. i found her contact here on Clubsnap but have never met her in person. Can give her a call.

dkw · 29th June 2004

Thanks guys, anybody else got any experience? Surely the pros with $10K+ lenses must insure them??

Terence · 29th June 2004

I am talking to AXA now about equipment coverage. Update tomorrow if I get in touch with that elusive agent.

di0nysus · 29th June 2004

hey guys. i'm an agent with prudential. shall check it out for u guys and PM any quotations etc. i'll be away fr tom till fri. so will only be able to check PMs etc on sat.

hang in there!
meanwhile, hug your gear to sleep!
regards

benny · 30th June 2004

Me interested too.

dkw · 30th June 2004

Originally Posted by di0nysus

hey guys. i'm an agent with prudential. shall check it out for u guys and PM any quotations etc. i'll be away fr tom till fri. so will only be able to check PMs etc on sat.

hang in there!
meanwhile, hug your gear to sleep!
regards

Yes please, do send me a quotation!

beachbum · 30th June 2004

Originally Posted by di0nysus

hey guys. i'm an agent with prudential. shall check it out for u guys and PM any quotations etc. i'll be away fr tom till fri. so will only be able to check PMs etc on sat.

hang in there!
meanwhile, hug your gear to sleep!
regards

please let me know too!

Gymrat76 · 30th June 2004

My friend from Prudential also, but he says that they don't have such coverage. Even AIA (AIG assist) has one that is travel insurance, but only covers up to $500 per item (and doesn't mention cameras also, only laptop and something else I can't remember). He did mention NTUC insurance as a possibility, but hasn't gotten back to me on the specifics.

Am interested to know as well.

Terence · 30th June 2004

The NTUC coverage is extremely limiting. Only new equipment less than 6 months old can be covered and you need a receipt.

AXA has a home protection policy which includes camera gear. The policy also covers for lost, theft and damage incurred worldwide. Still discussing with the AXA agent, hopefully she gets back to me by tomorrow with the quote and policy details.

Keep you guys informed.

Terence · 30th June 2004

Received more info about the AXA coverage. $15000 coverage will cost approx $300/yr. The info was sent in a PDF file so email me at tem@taysty.com if you want to look at their brochure. Pls don't PM.

The worldwide coverage amount can only be up to half of what your coverage of your home contents are. The brochure explains. I think it's a decent price, especially compared to the NTUC cover.

dkw · 30th June 2004

Originally Posted by Terence

Received more info about the AXA coverage. $15000 coverage will cost approx $300/yr. The info was sent in a PDF file so email me at tem@taysty.com if you want to look at their brochure. Pls don't PM.

The worldwide coverage amount can only be up to half of what your coverage of your home contents are. The brochure explains. I think it's a decent price, especially compared to the NTUC cover.

Thanks Terence, will send you an e-mail. I've also spoken to my insurance agent at AIG, and it appears they do have some home protection insurance which covers loss of valuables (including cams) whilst travelling. No brochure yet so I'll need to find out more. Will keep you guys posted.

Cheers,

glt · 6th July 2004

Been looking around,

NTUC and Aviva also similar Home Insurance packages. NTUC seems to be the cheapest for additional covers at $20 per $10k insured vs AXA's $120 per $10k. Still waiting for Aviva to get back to me.

http://www.aviva-singapore.com.sg/ge...-contents.htm#

glt · 6th July 2004

NTUC's link is http://www.income.com.sg/insurance/home/

zekai · 6th July 2004

i tell, you dun byt NTUC insurance if you ever want to claim.

Terence · 6th July 2004

Guys, I've done my research. NTUC is not the way to go. Refer to my reply above for AXA info.

Zekai is right about NTUC slow claim processes. If their auto insurance is anything to go by, I would not touch their equipment coverage policy with a 20ft monopod.

alangoh · 6th July 2004

Should be careful with some of these policies. Some will limit valuables coverage at a certain percentage (like 50% or less) of home content coverage. So, if you need a $15k coverage, you would be looking at buying a $30k coverage for your home content. So, if you don't own your place, like me, it doesn't make much sense...

jOhO · 6th July 2004

i'm actually looking thru some equipment insurance under nanyang insurance, have the material with me in the office but i'm at home now, i'll check it out and get back to u guys.

29th June 2004	#1
dkw Member Join Date: Dec 2003 Location: CCK Posts: 1,051	Insurance for your gear? Hi guys, I'm wondering if anybody here has any experience with buying insurance for your camera gear. I'm specifically looking at protection against theft from the household and/or whilst travelling. Any advice? TIA,

29th June 2004	#6
Terence Senior Member Join Date: Nov 2003 Location: I'm a Llama! Posts: 4,716	I am talking to AXA now about equipment coverage. Update tomorrow if I get in touch with that elusive agent. __________________ Visit my photo blog Email only please, NO PM!

30th June 2004	#12
Terence Senior Member Join Date: Nov 2003 Location: I'm a Llama! Posts: 4,716	The NTUC coverage is extremely limiting. Only new equipment less than 6 months old can be covered and you need a receipt. AXA has a home protection policy which includes camera gear. The policy also covers for lost, theft and damage incurred worldwide. Still discussing with the AXA agent, hopefully she gets back to me by tomorrow with the quote and policy details. Keep you guys informed. __________________ Visit my photo blog Email only please, NO PM!

30th June 2004	#13
Terence Senior Member Join Date: Nov 2003 Location: I'm a Llama! Posts: 4,716	Received more info about the AXA coverage. $15000 coverage will cost approx $300/yr. The info was sent in a PDF file so email me at tem@taysty.com if you want to look at their brochure. Pls don't PM. The worldwide coverage amount can only be up to half of what your coverage of your home contents are. The brochure explains. I think it's a decent price, especially compared to the NTUC cover. __________________ Visit my photo blog Email only please, NO PM!

6th July 2004	#17
zekai Senior Member Join Date: May 2002 Location: Singapore Posts: 1,737	i tell, you dun byt NTUC insurance if you ever want to claim. __________________ http://alextan.net

29th June 2004	#2
glt Member Join Date: Feb 2004 Posts: 118	Same here, i'm looking for such insurance.

29th June 2004	#3
Clown Moderator Join Date: Mar 2003 Posts: 2,811	NTUC has it but it's not very friendly.. but if u die die need it then no choice lor..

29th June 2004	#4
ST1100 Senior Member Join Date: Jun 2003 Location: Singapore, Bedok Posts: 1,801	There an Ailing Soo from Prudential (94507998) who covered my gear when i went to Nepal last year. i found her contact here on Clubsnap but have never met her in person. Can give her a call.

29th June 2004	#7
di0nysus Member Join Date: Jul 2003 Location: macpherson Posts: 987	hey guys. i'm an agent with prudential. shall check it out for u guys and PM any quotations etc. i'll be away fr tom till fri. so will only be able to check PMs etc on sat. hang in there! meanwhile, hug your gear to sleep! regards

30th June 2004	#8
benny Member Join Date: Nov 2002 Location: Clementi Posts: 1,715	Me interested too.

30th June 2004	#11
Gymrat76 Senior Member Join Date: May 2004 Posts: 1,591	My friend from Prudential also, but he says that they don't have such coverage. Even AIA (AIG assist) has one that is travel insurance, but only covers up to $500 per item (and doesn't mention cameras also, only laptop and something else I can't remember). He did mention NTUC insurance as a possibility, but hasn't gotten back to me on the specifics. Am interested to know as well.

6th July 2004	#19
alangoh Member Join Date: Jul 2003 Location: Singapore Posts: 195	Should be careful with some of these policies. Some will limit valuables coverage at a certain percentage (like 50% or less) of home content coverage. So, if you need a $15k coverage, you would be looking at buying a $30k coverage for your home content. So, if you don't own your place, like me, it doesn't make much sense...

6th July 2004	#20
jOhO Moderator Join Date: Apr 2003 Location: Singapore Posts: 6,458	i'm actually looking thru some equipment insurance under nanyang insurance, have the material with me in the office but i'm at home now, i'll check it out and get back to u guys.