Prudential Home Insurance

B - Settling claims under Section 3
How We settle a claim
We will, at Our option, replace the lost or
damaged item or pay for the cost of repair or
current replacement value.
We will not make a deduction for wear and
tear from the amount of the claim payment
except for clothing, and Sports Equipment.
If You claim for an item specified in Your
Schedule, You will need to provide proof
of the item’s value. We recommend that
You keep copies of valuations, receipts,
photographs and instruction booklets to
help You do this.
The Sum Insured will not be reduced by a
claims payment unless the claim relates to
the total loss of any specified item, or We
pay the full Sum Insured.
Amount payable
The maximum amount payable for any
one incident, unless it says otherwise in
Endorsements or the ‘Personal Possessions’
section of the Schedule will be the total Sum
Insured on Personal Possessions shown on
the Schedule, subject to the following limits:
Specified Items
> The Sum Insured by any item specifically
listed on the Schedule.
Unspecified Personal Possessions
> £1000 for any one item.
Money
> The limit shown on the Schedule.
36 Prudential Home Insurance