Personal Property for Peace Corps Volunteers
As you set off for your Peace Corps adventure, it is important to protect the valuables and property that accompany you during your service abroad. Clements International has designed an International Personal Property Policy to meet the specific needs of Volunteers. Our program provides reliable coverage for your items while you are transferred to your post and throughout your journey.
What should I insure?
We recommend that Volunteers insure all of the personal items that
accompany them to their post. This includes simple items such as
clothing and backpacks, as well as valuables such as cameras and
computers.
What type of loss is covered?
Items specified on your application are covered against loss or
damage, due to “ All Risks” perils such as theft, vandalism, fire and
extreme weather conditions. See policy for specific exclusions.
How do I value my property?
Your property should be valued at replacement cost. Replacement
cost is the amount it would cost to replace the item today.
Unscheduled vs. Scheduled Coverage?
Our International Personal Property will provide you with both types
of coverage.
Unscheduled Coverage is for everyday property. Items such as clothing, bedding, CDs, small electronics and equipment should be insured under this section. There is a $100 deductible per loss.
Scheduled Coverage is for valuable items. Items such as jewelry,
cameras, musical instruments and computers should be insured
under this section. Remember to include a detailed, itemized list for
all Scheduled Coverage items. There is no deductible for Scheduled
Coverage items.
How much does it cost?
Policies start at $1,000 of coverage for a premium of $50. Additional
insurance costs $5 per $100 of Unscheduled Coverage and
Scheduled Coverage.
What is the policy term?
This is an annual policy. You will receive a renewal notice from
Clements International each year. It is important that you renew your
policy annually during your Peace Corps service.
Who is Clements International?
Since 1947, Clements International has been providing innovative
insurance solutions to those individuals and organizations operating
outside of their home country. In addition to property insurance,
Clements is proud to be the administrator of the CorpsCare program
which provide post-service health benefits to Volunteers and their
families.
The Fine Print
- For unscheduled coverage, the first $100 of any one loss is
not covered. - A standard war exclusion clause applies.
- Limitation: Up to $2,500 coverage in the aggregate per loss for unscheduled jewelry,
watches, objects of art, computer equipment, cameras and photographic equipment,
musical instruments, and other similar valuables. Refer to
Scheduled Coverage section for proper coverage of these items.
- No recovery is available for losses caused by wear and tear or gradual deterioration.
The description of insurance coverage in this brochure is a summary only. The coverage is subject to the terms, conditions, limitations and exclusions contained in the policy of insurance. In the event of any conflict between the outline of coverage herein and the policy of insurance, the provisions contained in the policy of insurance will govern.