Nainen ottaa kuvaa arvotavaravakuutetulla kameralla

Valuables insurance

Insure valuable jewellery, instruments and other valuable items
1

Cover even without a deductible

Valuables insurance is valid both in Finland and abroad.

2

Insurance according to the value of the item

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

3

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.

Owner-customer benefits

If you are our owner-customer and have policies from three product lines, you are entitled to an almost 10% discount on most policies and a discount of nearly 18% on comprehensive motor vehicle insurance with no-claims bonus. If you are aged between 18 and 27, you can get a 21% discount on almost all home and family insurance policies.

Other benefits

  • A 40% increase in the sum insured under life insurance
  • 200-euro benefit of the deductible under MyHome Insurance
  • one-year, free-of-charge life insurance for parents with a child under one year of age

OP bonuses

Owner-members not only get OP bonuses for home, family and vehicle insurance premiums, but also for

  • loans
  • savings and investments
  • funds in accounts
  • purchases you have paid with OP-Visa credit.

OP bonuses are used for the bank’s service charges and insurance premiums.

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