International Property Insurance
Since 1947, Clements Worldwide has provided innovative insurance solutions to individuals and organizations from any nationality operating outside of their home country. Clements understands your needs while living and traveling abroad, and offers comprehensive, portable property insurance that is crafted specifically for life outside of your home country.
Clements’ international personal property coverage provides insurance for items damaged during a move, while traveling or while inside your home abroad. Clements offers expert, world-class service recognized across the industry that can help simplify your life overseas.
Policies include destination coverage, which is designed for expats who are already living abroad. Unscheduled items such as household goods and clothing are covered at full replacement cost and include coverage while in your foreign residence, commercial storage or while traveling.
Clements also provides scheduled coverage for high-value items such as jewelry, artwork, or computers. Clements provides the option of purchasing transit and foreign destination coverage for professionals who have not yet moved to their foreign destination and includes "All-Risks" transit coverage while your property is being relocated. This coverage is combined to eliminate the gaps that occur by purchasing separate policies.
- Benefits & Features
- Coverage Chart
Coverage with a Clements' Personal Property insurance policy guarantees financial stability in the event of an unfortunate loss or damages.Clements' Personal Property insurance is underwritten by certain underwriters at Lloyd's and benefits and features include*:
Full replacement cost paid on claims: Clements will not depreciate or just pay cash value for your damaged or lost property like other insurers may do. We even cover breakage.
No Gaps in Coverage: Your items will be protected from the moment they are shipped from your home and throughout transit. Coverage also extends to the entirety of the overseas stay and throughout your return trip home.
Free USD 500,000 Personal Liability Protection: Every Clements Personal Property policy includes complimentary personal liability coverage, so that you are ﬁnancially protected in case someone is injured while on your property or if damages affect others.Personal Liability protection includes USD 500,000 – at no additional cost.
USD 10,000 included for Identity Fraud Reimbursement: Coverage for legal and communication expenses, associated with defending an identity fraud claim against you by ﬁnancial institutions, removing incorrect judgments or challenging consumer credit rating.
Protect What You Value the Most: Most household effects will fall under unscheduled coverage. However, for high-value items, Clements offers the option of scheduled coverage for items such as jewelry, artwork, or computers so that you can have peace of mind while shipping your valuable goods.
Scheduled coverage not subject to deductible
* Limits and restrictions apply. Subject to certain country restrictions. Coverage is excluded in the United States and its territories and possessions in addition to Iran and North Korea.
Additional Terms and Conditions: Unscheduled coverage is limited to $2500 coverage in the aggregate per loss for unscheduled jewelry, precious stones, watches, furs, silver, objects of art, computer equipment, camera and photographic equipment, musical instruments (except pianos), golfers equipment, stamp and coin collections and other similar valuables. Refer to Scheduled Coverage section for proper coverage of these items. A standard war exclusion clause applies. No recovery is available for losses caused by wear and tear or gradual deterioration.
|Comprehensive Coverage||Truly worldwide coverage for breakage, marring, theft, fire, denting, scratching, or loss|
|Optional Extensions||Get additional umbrella liability coverage up to USD 3,000,000 as well as coverage for items left in commercial storage|
|Location of Coverage||Coverage is available worldwide while on temporary or permanent assignment|
|Deductible||Flexible deductible options range from $100 to $2,500 per loss|
|Minimum Policy Value||USD 5,000 of Unscheduled Foreign Residence Coverage|
|Scheduled Items||Optional. Scheduled items should be valued at USD 500 or more, an appraisal or purchase receipt is required for each scheduled item valued at USD 10,000 or more. Scheduled items are not subject to deductible.|
|Exclusions||Standard war exclusion applies. Coverage not applicable to general wear and tear, and gradual deterioration. See contract for more details.|
What is covered?
Personal property policies provide coverage against fire, theft and damage, water damage from rain/wind and personal liability at no extra charge. Losses are subject to your deductible for unscheduled property. No deductible applies to scheduled property.
How do you provide commercial storage coverage in home country?
Yes, any items in commercial storage are covered.
Can I add Transit & Cargo insurance to my personal property policy?
Yes, you can add Transit & Cargo coverage anytime.
Can I add or subtract items from my policy anytime?
Yes, the personal property policy is very flexible, allowing you to add or subtract items at any time.
Do you require appraisals for coverage?
We only require appraisals on scheduled items valued at $10,000 or more.
What is excluded from my policy?
Personal property policies do not cover flooding, earthquakes, wear and tear, unoccupied residence after 60 days, and shipment by mail.
How can I file a claim?
All claims must be reported within 90 days with a claims form. You’ll need to provide a policy/embassy report for theft and accidents. All cancellations must be in writing. You’ll need to submit a bill of lading for proof of cancellations over 30 days. Clements provides pro rated refunds except on transit only policies.
Here are some resources for property insurance:
- Personal Property Inventories: Why You Need It Before You File a Claim
- How to Rent Out Your Home While Working Abroad
- What to Do If You Lose Your Valuables While Traveling Abroad and Tips on Keeping Them Safe