Summary: The personal effects form is uniquely tailored to the traveling insured. The effects covered are those usually carried or worn by tourists and travelers while anywhere in the world. Special limits apply, and a number of items are specifically excluded. The ISO form PM 00 20 is specifically developed to provide coverage for this unique type of item.

Topics covered:
Introduction
Property covered
Property not covered
Perils
Deductible
Options

Introduction

There are two types of schedules for this form; a schedule for effects for other than conventions or tours, and a schedule for conventions or tours. What is scheduled is not the property, but the name of the insured with a given dollar amount.

Property Covered

A. Property Covered

1. Personal Effects

We cover personal effects usually carried by tourists and travelers that an “insured” owns

and uses or wears while anywhere in the world.

2. Special Limits Of Liability

The limit for the following property is 10% of the amount of insurance that applies to personal effects:

a. Jewelry, watches and articles consisting in whole or in part of silver, gold or platinum; and

b. Furs or articles trimmed with or consisting principally of furs.

We will not pay more than $100 of this limit for any one item.

Analysis

The property covered in this form is what the insured has with him when traveling. This includes clothing, jewelry, cameras, sports equipment, luggage, and other such recreational items. Instead of listing items, the name of the insured is listed, so items with that person are what are covered. Special limits apply to jewelry and furs. The limit is ten percent of the overall coverage that applies to jewelry and furs, with a maximum limit of $100 per item. This is a very small limit, so if an insured travels with these items and wants reasonable coverage, he should look to the PM 00 11 Jewelry and Furs form. Jewelry is always a target for thieves, and some areas of the world are known for pickpockets and thieves who prey on tourists.

Property Not Covered