Settlement Value of Scheduled Jewelry

August 4, 2010

Insured's wife had her wedding ring stolen. The insurance company has agreed to replace it. The ring was “Scheduled” with a separate insurance policy for $13,000. This was based on an appraisal the insured had done prior to insuring it with the insurance carrier. The appraisal was given to the carrier along with photos to document the quality of the ring.

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis