Nainen ottaa kuvaa arvotavaravakuutetulla kameralla

Valuables insurance

Insure valuable jewellery, instruments and other valuable items

Cover even without a deductible

Valuables insurance is valid both in Finland and abroad.


Insurance according to the value of the item

You can yourself state its monetary value, that is, the sum insured.


Owner-customer benefits

As an owner-customer, you will get a discount on your policies and also receive OP bonuses.

Insure valuables that you take outside your home

Home insurance covers all your property and valuables when they remain within the walls of your home. If you take any valuable items outside your home, you could perhaps use a separate Valuables Insurance.

Losses to items you take outside your home are covered under home insurance for up to 5,000 euros. If you have valuable jewellery or a camera with objectives, their value may easily exceed the 5,000 euro limit. If this is the case, your best choice is to insure important items with valuables insurance. 

A valuable may be
  • a valuable instrument
  • jewellery or watch
  • camera and accessories
  • hunting weapon.
Vakuuta arvotavaravakuutuksella arvokkaat tavarat, joita kuljetat kodin ulkopuolella.

What does valuables insurance cover?

Valuables insurance compensates if something sudden and unforeseeable happens to your property. You will be compensated, for example, if your valuables are stolen or fall and break.

We will primarily compensate for the repair of any broken valuables, if at all possible. If they are beyond repair, you will receive compensation according to its value. The maximum compensation is the sum insured you gave to us.

Musical instruments are carried and transported to gigs, competitions and practice. Since many things can happen during such journeys, musicians should make sure their instruments are insured.

Hannu Partanen Insurance Manager, Pohjola Insurance

What happens if a piece of jewellery or other valuable disappears or is left behind?

It is extremely annoying if dear and valuable jewellery, a watch or instruments are lost. Therefore it is important that valuables are not left unattended on beaches, in restaurants or on public transport. Alternatively, you can leave any valuables for safekeeping under lock and key

Valuables insurance compensates the insured items owing to disappearance or being left behind only if the exact time, place and conditions of the event can be specified. The fact that an item has disappeared or been left behind must have been discovered immediately at the scene, and an outsider must have been verifiably informed about the loss.

Äiti ja lapsi peuhaamassa omakotitalon olohuoneessa
Detached house

The sum insured of valuables means the monetary value at which you insure your valuables, such as jewellery, instruments of camera and accessories. The sum insured is also the amount which you can at most receive in compensation if a loss occurs.

The sum insured must correspond to the actual value of the item, so you should choose a sum that is equivalent to the price of a new item.
Do remember to update the sum insured if its value changes or if you buy new parts for it.

If a loss occurs, the item’s value will be determined accurately, using experts if necessary. The value of certain items, such as digital cameras and bicycles, is determined on the basis of their age and the age reductions specified in the terms and conditions.

When you want to insure an item worth more than 20,000 euros, a certificate of its value is required. You should then contact our customer service.

Benefits from Pohjola Insurance

You receive the following insurance benefits for prime customers when you have policies from at least three different product categories:

  • 7% off home and other property insurance, personal insurance, continuous travel insurance and comprehensive motor vehicle insurance policies
  • as our prime customer aged 18–27, a discount of 21% on nearly all insurance for home and family policies.
  • free 40% increase in the sum insured under life insurance.

If you are also an OP cooperative bank owner-customer, you are entitled to an extra discount of 3% on most insurance products. The extra 3% discount for owner-customers cannot be combined with the 21% discount for young insurance customers.

Regardless of your number of policies or type of customer relationship, we always offer the following benefits:

  • a 2.5% discount when paying your insurance bill in one instalment.
  • a permanent 5% discount on life insurance purchased online.
  • free life insurance for one year for parents of children under 12 month

Benefits for OP cooperative bank owner-customer

As an owner-customer, you get the following benefits regardless of your number of policies:

  • OP bonuses you accrue will be used to pay insurance premiums*
  • free 40% increase in the sum insured under life insurance.
  • deductible benefit of 250 euros for MyHome Insurance.
  • free Product Protection Insurance for purchases made using OP credit cards

*As our owner-customer, you earn OP bonuses, which are used to pay insurance premiums and banking service charges. OP bonuses are earned from insurance policies, loans, savings and investments, funds in your accounts, and purchases paid with OP-Visa using the credit function.

The insurance is issued by Pohjola Insurance Ltd. OP cooperative banks are acting as Pohjola Insurance Ltd’s representatives.