As declared to us on the acceptance form. When goods are placed in storage you are required to specify in writing, the actual value of your goods placed in our care.

BASIS OF CLAIMS SETTLEMENT

Insurers will take into consideration the age, quality, degree of use, and consequent market value of items when calculating the settlement. Please note that no property shall be abandoned to insurers, but insurers reserve the right to claim appropriate salvage on any property which is subject of a claim settlement under this policy.

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