BROWSE

Valuable Papers Insurance

What is 'Valuable Papers Insurance'

A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value of any valuable papers that are lost for any reason, such as wills, trusts or corporate charters. It is often purchased by corporations, small businesses and wealthy persons.

Explaining 'Valuable Papers Insurance'

The coverage limits for valuable papers insurance can be very high in some cases. However, the coverage is always limited to either the actual monetary value of the papers themselves or their replacement value. Furthermore, the papers insured must always be carefully guarded in an appropriate fashion in order to file a claim.


Further Reading


The gathering crisis in federal deposit insurance
ideas.repec.org [PDF]
… may have run in the past it is headed for an expensive bureaucratic breakdown … current deposit insurance system, documents the extent of actual insolvency at insured institutions, and … Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance; …

The theory of financial intermediationThe theory of financial intermediation
www.sciencedirect.com [PDF]
… may have run in the past it is headed for an expensive bureaucratic breakdown … current deposit insurance system, documents the extent of actual insolvency at insured institutions, and … Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance; …

Convergence of insurance and financial markets: Hybrid and securitized risk‐transfer solutionsConvergence of insurance and financial markets: Hybrid and securitized risk‐transfer solutions
onlinelibrary.wiley.com [PDF]
… may have run in the past it is headed for an expensive bureaucratic breakdown … current deposit insurance system, documents the extent of actual insolvency at insured institutions, and … Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance; …

Informal micro-finance schemes: The case of funeral insurance in South AfricaInformal micro-finance schemes: The case of funeral insurance in South Africa
ideas.repec.org [PDF]
… may have run in the past it is headed for an expensive bureaucratic breakdown … current deposit insurance system, documents the extent of actual insolvency at insured institutions, and … Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance; …

Deposit insurance around the globe: where does it work?Deposit insurance around the globe: where does it work?
www.aeaweb.org [PDF]
… may have run in the past it is headed for an expensive bureaucratic breakdown … current deposit insurance system, documents the extent of actual insolvency at insured institutions, and … Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance; …



Q&A About Valuable Papers Insurance


How must the insured guard their insured documents to file a claim?

They must always be carefully guarded in an appropriate fashion.

Who purchases valuable papers insurance?

Corporations, small businesses and wealthy persons purchase valuable papers insurance.

Can I get my valuables insured if I don't have an agent ?

Yes , most companies allow you to apply online .

Is there anything else you would like me to know about this topic ?

Yes , always read your policy carefully before buying it so that you understand exactly what is covered by it .

What are the two types of coverage available with valuable papers insurance?

Actual monetary value or replacement value.

What does the coverage limit for valuable papers insurance tend to be in some cases?

The coverage limits can be very high in some cases.

Why do you need to protect your important documents?

You need to protect your important documents because they can be lost, stolen or destroyed.

What are some examples of valuable papers that require protection?

Examples include birth certificates, marriage licenses, diplomas and passports.

How does valuable papers insurance work?

The policyholder pays the premium and in case of loss or damage, the company will pay for the replacement cost of the document.

Who needs to buy valuable papers insurance?

Everyone who has important documents should buy this type of insurance.

Are there any other types of policies that offer similar coverage ?

Yes , there are other policies such as art , jewelry , collectibles and fine arts insurances .

Is there anything else you should know about valuables paper insurance ?

Yes, it is best to keep all original copies in a safe place like a bank vault or safety deposit box at home and only keep copies at home for convenience .

What is valuable papers insurance?

Valuable papers insurance is a special type of property-casualty insurance.

What is Valuable Papers Insurance?

Valuable papers insurance is a type of insurance that protects valuable documents.