What does 'Single Item Limit' mean for a pair of items?

When an item is part of a pair, and you lose one item of the pair, the most you can claim for is the value of the single item.

Example: The most you can claim for a pair of earrings is $750. If you lose one of the earrings and the pair of earrings are worth $2000, the most you can claim for is $750. If the pair of earrings is worth $500. then you can only claim up to $250 for the lost earring

Note:

• You cannot pay an additional fee to increase the cover on jewellery

Cover is subject to the policy terms, conditions, limits and exclusions in the Product Disclosure Statement (PDS).