At PSIC, we understand that your insurance policy is a personal agreement between you and us. This means that your personal circumstances and actions are central to determining whether coverage is provided and under what conditions.

One important aspect of this is the entrustment exclusion. This clause excludes coverage for losses resulting from the actions of others to whom insured property has been entrusted. In essence, if you lend your personal belongings to someone else, and those belongings are damaged or lost due to their negligence or intentional acts, we may not cover the loss.

This is because your insurance policy is designed to protect your personal property when it is in your possession or under your control. When you entrust your belongings to someone else, you are essentially transferring control of those items, and our coverage may not extend to situations where you have relinquished control. We recommend you read your policy carefully to know all details about this topic.