Insurance Term:

Valuable Papers and Records

Valuable Papers and Records

Valuable papers and records are a type of property-casualty insurance that covers the cost to restore or reproduce documents that have been lost or damaged by fire or another peril. Businesses and individuals can purchase this coverage.

What items are included and excluded in valuable papers and records?

Valuable papers and records coverage usually includes all forms of documents and records such as wills, trusts, and legal records.

Money or securities; data processing programs; data; media; and documents stored electronically are typically excluded.

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