More coverage for less

120 FEDRVJR5Q

Transit and Global Renters Insurance

Introducing a ground-breaking new insurance solution, Lexicon Transit and Global Renters Insurance Program offers the industry’s first one-stop program designed specifically to simplify processes and reduce costs for international moves. 

Highlights:
  • Global coverage*

  • FREE renters insurance included with transit coverage (First 12-months covered for FREE)

  • FREE additional transit insurance for multiple relocations that occur within original 12 months

  • Assignee’s can easily renew renters policy (at own expense) for assignments exceeding 12 months

*Excludes countries where the United States of America does not have a diplomatic presence such as Iran, and North Korea. Also, renters insurance is only available on moves outside of Canada, the United States, and its territories or where the employee does not have citizenship.

Example Scenario:

PLEASE NOTE: In order to activate the renters insurance policy, the assignee MUST complete the application and valuation forms in the welcome packet. If this form is NOT completed, the assignee’s belongings will be insured only for the transit portion of the move at a rate per pound with sub limits. This may result in property being under insured in the event of a claim.

Coverage Highlights

  • Full Replacement Cost: Program does not depreciate items, and pays cash value for damaged or lost property.

  • Continuous Coverage: Insurance automatically converts from transit policy to renters insurance upon assignee’s arrival for the balance of 12-month period – at no additional cost.

  • “All Risk” Coverage: Provides comprehensive all-risk protection, including coverage for breakage, marring and scratching while in transit. These types of causes are typically excluded under most plans.

  • Personal property inside baggage is automatically covered while the insured is traveling worldwide.

  • Coverage available for items located in a commercial storage.

  • Scheduled coverage available for high-value pieces, such as fine arts, cameras and computers.

  • Transit Insurance coverage may include multiple moves during a 12-month period.

 

Yes, I want to know more!