Common use of BAGGAGE AND PERSONAL EFFECTS Clause in Contracts

BAGGAGE AND PERSONAL EFFECTS. (Applicable to Premier Plan only) 1. The amount payable in respect of any one article or pair or set of articles shall not exceed US$400; 2. The amount payable in respect of any Lap-top Computer shall not exceed US$1,200, and this cover can only be utilized once during the Policy Period; 3. The Company at its option may make payment, reinstate or repair articles less than one year old; 4. The Company at its option may make payment, reinstate or repair subject to due allowance of wear and tear and depreciation for any article that is more than one year old. 5. The total amount payable under this Section during the Policy Period shall not exceed 100% of the amount stated in the Schedule of Benefits in the Policy.

BAGGAGE AND PERSONAL EFFECTS. (Applicable to Premier Plan only) 1. The amount payable in respect of any one article or pair or set of articles shall not exceed US$400; 2. The amount payable in respect of any Lap-top Computer shall not exceed US$1,200, and this cover can only be utilized once during the Policy PeriodPolicyPeriod; 3. The Company at its option may make payment, reinstate or repair articles less than one year old; 4. The Company at its option may make payment, reinstate or repair subject to due allowance of wear and tear and depreciation for any article that is more than one year old. 5. The total amount payable under this Section during the Policy Period shall not exceed 100% of the amount stated in the Schedule of Benefits in the Policy.