Equipment Insurance


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Bleuwhale

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Jan 2, 2006
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Hey guys ...

Anyone here is presently paying premiums for equipment coverage for their Camera and Accessories?

Am looknig for one that covers against theft-loss, damage blabla...

Notice that there are such available services in UK and America but am having problems locating one in Singapore..

Any Advice?

Thanks
 

_espn_

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Planet Nikon
#2
For insuring while in singapore don't think have. But when travelling, should have.
 

Terence

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Nov 16, 2003
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#4
Ask your insurance broker about the AXA SmartHome plan. The coverage is good for all your personal home contents, camera gear included. Additional benefits include coverage whilst traveling and is not just limited to your photo gear but other personal belongings like jewelery, watch etc...
 

V

vince123123

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#5
In any insurance plan, please check the per item coverage. Some travel insurance only cover S$500 per item or less.
 

Terence

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#6
vince123123 said:
In any insurance plan, please check the per item coverage. Some travel insurance only cover S$500 per item or less.
The plan I recommended covers the actual value of the property, up to a maximum plan coverage (starts from $15,000). It's quite flexible and great for camera equipment which usually costs more than $500 a piece.
 

_espn_

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Terence said:
The plan I recommended covers the actual value of the property, up to a maximum plan coverage (starts from $15,000). It's quite flexible and great for camera equipment which usually costs more than $500 a piece.
How's the premium like? But does look good if you know you're travelling to a dangerous place :sweat:
 

Terence

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#8
_espn_ said:
How's the premium like? But does look good if you know you're travelling to a dangerous place :sweat:
For $30,000 coverage, the premium is about $600 per year, payable monthly or annually.
 

_espn_

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Terence said:
For $30,000 coverage, the premium is about $600 per year, payable monthly or annually.
Looks pretty reasonable, worth a look at :thumbsup:
 

Bleuwhale

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#10
_espn_ said:
Looks pretty reasonable, worth a look at :thumbsup:

Hm.. in that case, it does look like UK- USA offers a much better deal for insurance premiums.


Hm..sad sad.
 

_espn_

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Bleuwhale said:
Hm.. in that case, it does look like UK- USA offers a much better deal for insurance premiums.


Hm..sad sad.
SG kia-si one, won't bother about such stuff... so have a plan is better than no plan.
 

el69

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Feb 12, 2006
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Terence said:
Ask your insurance broker about the AXA SmartHome plan. The coverage is good for all your personal home contents, camera gear included. Additional benefits include coverage whilst traveling and is not just limited to your photo gear but other personal belongings like jewelery, watch etc...

Home contents insurance ONLY cover loss of valuables while its inside the house. ie, due to burglary or fire. It does not cover the items once its taken out of the house. There is also a cap on the amount claimable (plan dependant) based on category. Cameras and accesories are under a single category (eg, Photographic equipment) and not valued individually. So if your plan states $1,000 or $500 cap per category of equipment, thats the max you can claim regardless of the total value.

However, you can proposed to have your equipment assessed individually and valued accordingly instead of blanket cover. This will not be cheap and it will still cover ONLY burglary or fire damage while inside your home.

Coverage while travelling is when you're away and your house is broken into or caught fire. Once your valuables leave your home, this policy will not cover...period.
 

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