There are a few instances and scenarios not covered by our Portable and Valuable Items Insurance, including (but not limited to):

  • Loss or damage caused by third party factors such as general wear and tear, scratching, biting or chewing by any animal, or atmospheric conditions
  • Testing, experimentation, intentional overloading, misuse or abuse
  • Loss or damage to an item worth more than $2,500, unless you have added it to your policy
  • Mechanical, hydraulic, electrical or electronic breakdown 
  • Theft or vandalism carried out by any member of your family or any of your employees during a period of time when they are lawfully permitted to enter or be on your premises.

For an extensive list, please refer to page 58 of the Mobile Business Protect PDS, or page 104 of the Business Protect PDS.