Depreciation
Depreciation will be applied to claims for Unspecified Luggage and personal effects and relevant items as follows:
| Depreciation Table for Unspecified Luggage and personal effects and relevant items | |||
|---|---|---|---|
| Luggage and Personal Effects Item Claimed | Types of items (but not limited to the below examples) | Depreciation amount applied from the date of purchase. (Applied for each month You have owned the item) | Maximum Depreciation applicable (% of original purchase cost) |
| Toiletries | Cosmetics, moisturiser, skin care, make-up, perfume, hair products and medications | 3% per month | Maximum of 80% |
| Computers and Electrical Devices | Personal Computers, video recorders, cameras, photographic equipment, mobile phones, tablets, personal computers, and electronics devices or equipment | 1.75% per month | Maximum of 60% |
| Clothing, Shoes, Luggage and Books | Clothing (including sporting clothing), shoes, suitcase, handbags, jackets, underwear, accessories (but not jewellery), Prescription eyeglasses and sunglasses. | 1.75% per month | Maximum of 80% |
| Camping, Sporting and Snow sports equipment, musical and leisure equipment (but not clothing) | Skis, snowboards, guitars, bicycles, tennis racket, golf clubs. | 1% per month | Maximum of 60% |
| Jewellery | Earrings, Ring, Necklace, Bracelet | 0.25% per month | Maximum of 25% |
| All other items | 1.25% per month | Maximum of 60% | |