T&C Purchase Security Against Theft or Damage

Purchase security

What is this benefit?
Purchase Security will, at the Benefit Administrator’s discretion, replace, repair, or reimburse you for eligible items of personal property purchased entirely with your eligible UBS Visa Signature credit card in the event of theft, damage due to fire, vandalism, or
accidentally discharged water, or certain weather conditions within the first ninety (90) days of the purchase date. This benefit is limited to a maximum of five hundred dollars ($500.00) per claim and fifty thousand dollars ($50,000.00) per cardholder.*

Who is eligible for this benefit?
You are eligible if you are the valid cardholder of an eligible UBS Visa Signature credit card issued in the United States.

Purchase Security Coverage Details
How does this coverage work?
You do not need to register your eligible purchases in any way. They are automatically covered for damage due to:
• Fire, smoke, explosion, riot, or vandalism
• Windstorm, lightning, hail, rain, sleet, or snow
• Aircraft, spacecraft, or other vehicles
• Theft (except from autos or motorized vehicles)
• Accidental discharge of water or steam from household plumbing
• Sudden accidental damage from electric current (This benefit does not apply to electronic components)

What about purchases made outside of the U.S.?
Purchases made outside of the U.S. are covered as long as you purchased the item entirely with your eligible UBS Visa Signature
credit card and the eligible item meets the terms and conditions of the benefit.

What types of purchases are not covered?
• Animals and living plants
• Antiques and collectible items
• Boats, aircraft, automobiles, and any other motorized vehicles and their motors, equipment, or accessories including trailers and other items that can be towed by or attached to any motorized vehicle
• Broken items, unless damage is the result of a covered occurrence
• Computer software
• Items damaged as a result of weather other than lightning, wind, hail, rain, sleet or snow
• Items purchased for resale, professional or commercial use
Items stolen from automobiles and other vehicles, or common carriers
• Items that are lost or that “mysteriously disappear,” meaning that the item or item(s) vanished in an unexplained manner
without evidence of a wrongful act by a person or persons
• Items under the care and control of a common carrier, which includes the U.S. Postal Service, airplanes or delivery service
• Items including, but not limited to, jewelry and watches from baggage unless hand-carried and under your personal supervision, or the supervision of a traveling companion whom you know
• Theft or damage resulting from abuse, fraud, hostilities of any kind (including, but not limited to, war, invasion, rebellion, insurrection, or terrorist activities), confiscation by the authorities, risks of contraband, illegal activities, normal wear and tear, flood, earthquake, radioactive contamination or damage from inherent product defects
• Theft or damage resulting from misdelivery or voluntary parting with property
• Medical equipment
• Perishables, consumables including, but not limited to, perfumes and cosmetics, and limited-life items such as
• rechargeable batteries
• Real estate and items which are intended to become part of real estate including, but not limited to, items that are hard-wired or hard-plumbed, garage doors, garage door openers, and ceiling fans
• Rented or leased items, or items purchased on an installment plan and for which the entire purchase price was not paid in full at the time of the occurrence
• Traveler’s checks, cash, tickets, credit or debit cards, and any other negotiable instruments
• Used or pre-owned items

Should I keep copies of receipts or any other records?
Yes. In the event that you need to file a claim, copies of your Visa card receipt and the itemized store receipt are required to verify the claim.

Filing a Purchase Security Claim
What do I do if my purchase is stolen or damaged?
Call the Benefit Administrator at 1-800-553-4820, or call collect outside the U.S. at 303-967-1096 within sixty (60) days of the theft or damage. The Benefit Administrator will ask you for some preliminary information about the incident and send you the
appropriate claim form.If your purchase is stolen or damaged, make sure to also file a police report within forty-eight (48) hours of the occurrence.

Please Note: If you do not notify the Benefit Administrator within sixty (60) days of the theft or damage, your claim may be denied.

How do I file a claim?
Complete, sign and return the claim form within ninety (90) days of the incident along with the following documents:
• Your Visa card receipt
• The itemized store receipt
• A police report (filed within forty-eight (48) hours of the incident) in the case of theft, fire, insurance claim, loss report or other report sufficient to determine eligibility for benefits
• A copy of your primary insurance Declarations Page to confirm your deductible. “Declarations Page” means the document(s) in your insurance policy that lists names, coverages, limits, effective dates and deductibles when applicable.
• Documentation (if available) of any other settlement of the theft or damage
• Any other documentation deemed necessary to substantiate your claim

All claims must be fully substantiated as to the time, place, cause and amount of damage or theft. In cases of damage, you will be
asked to send, at your expense, the damaged item along with your claim in order to substantiate the claim, so make sure to keep the damaged purchase in your possession. Gift recipients of eligible items may also handle the claim process if
you are able to provide all the documents and items necessary to fully substantiate the claim.

Please Note: Claim forms must be completed, signed, and returned with all the requested documentation within ninety (90) days from the date of theft or damage.

For faster filing, or to learn more about Purchase Security, visit www.visa.com/eclaims

Purchase Security Reimbursement Details
How does the reimbursement process work?
If you have met the terms and conditions of the benefit, and depending on the nature and circumstances of the incident, the
Benefit Administrator will resolve your claim in one of two ways:

1. A damaged item, whether wholly or in part, may be repaired, rebuilt, or replaced. A stolen item may be replaced. If the item is to be repaired, rebuilt or replaced, typically you will be notified of the decision within fifteen (15) days after the required documentation of theft/damage has been submitted or is received.

2. You may be reimbursed for the eligible item, but not more than the original purchase price of the covered item as recorded on your eligible Visa card receipt, less handling and shipping charges, up to a maximum of five hundred dollars ($500.00) per claim and fifty thousand dollars ($50,000.00) per cardholder.*

Under normal circumstances, reimbursement will take place within five (5) business days of receipt and approval of all required
documents. In either case, the Benefit Administrator’s payment, replacement, or repair made in good faith will fulfill the obligation under the benefit.

Do I have to file with my insurance company?
Yes, if you have insurance applicable to the damaged or stolen item (e.g., business owner’s, homeowner’s, renter’s or automobile) or if you are covered by your employer’s insurance for such losses, you are required to file a claim with your own insurance company and to submit a copy of any claim settlement from your insurance company along with your claim form. In some cases, at the option of the Benefit Administrator, where the claim amount is within your personal insurance deductible, a copy of your personal Declarations Page may be sufficient.*

* Please Note: Purchase Security provides coverage on an “excess” coverage basis. That means it does not duplicate, but pays in excess of any valid and collectible insurance or indemnity (including, but not limited to, homeowner’s, renter’s, automobile, or employer’s insurance policies). After all insurance or indemnity has been exhausted, Purchase Security will cover the theft or damage up to the amount charged to your eligible Visa account and subject to the terms, exclusions, and limits of liability of the benefit. Purchase Security will also pay for the outstanding deductible portion of your insurance or indemnity for eligible claims. The maximum limit of liability is five hundred dollars ($500.00) per claim occurrence and fifty thousand dollars ($50,000.00) per cardholder. You will receive no more than the purchase price as recorded on the eligible Visa card receipt. Where a protected item is part of a pair or a set, you will receive no more than the value (as described herein) of the particular part or parts, stolen or damaged, regardless of any special value that the item may have as part of such a pair or set, nor more than the proportionate part of an aggregate purchase price of such pair or set. Purchase Security is not “contributing” insurance, and this “non-contribution” provision shall take precedence over “noncontribution” provisions found in insurance or indemnity descriptions, policies or contracts.

Additional Provisions for Purchase Security

This protection provides benefits only to you, the eligible UBS Visa Signature credit cardholder, and to whomever receives the eligible gifts you purchase entirely with your eligible Visa card. You shall use due diligence and do all things reasonable to avoid or diminish any loss or damage to property protected by this benefit. This provision will not be unreasonably applied to avoid claims.
If you make any claim knowing it to be false or fraudulent in any respect including, but not limited to, the cost of repair services, no
coverage shall exist for such claim and your benefits may be canceled. Each claimant agrees that representations regarding
claims will be accurate and complete. Any and all relevant provisions shall be void in any case of fraud, intentional concealment or misrepresentation of material fact. Once you report an occurrence, a claim file will be opened and shall remain open for six (6) months from the date of the damage or theft. No payment will be made on a claim that is not completely substantiated in the manner required by the Benefit Administrator within six (6) months of the date of theft or damage. After the Benefit Administrator has paid your claim, all your rights and remedies against any party in respect of this theft or damage will be transferred to the Benefit Administrator to the extent of the payment made to you. You must give the Benefit Administrator all assistance as may reasonably be required to secure all rights and remedies. No legal action for a claim may be brought against the Provider until sixty (60) days after the Provider receives Proof of Loss. No legal action against the Provider may be brought more than two (2) years after the time for giving Proof of Loss. Further, no legal action may be brought against the Provider unless all the terms of this Guide to Benefits have been complied with fully. This benefit is provided to eligible Visa cardholders at no additional cost. The terms and conditions contained in this Guide to Benefits may be modified by subsequent endorsements. Modifications to the terms and conditions may be provided via additional Guide to Benefits mailings, statement inserts, or statement messages. The benefit described in this Guide to Benefits will not apply to Visa cardholders whose accounts have been suspended or canceled. Termination dates may vary by financial institutions. Your financial institution can cancel or non-renew the benefit for eligible Visa cardholders, and if they do, they will notify you at least thirty (30) days in advance. This information is a description of the benefit provided to you as a Visa cardholder. Indemnity Insurance Company of North America (“Provider”) is the underwriter of this benefit and is solely responsible for its administration and claims. The Benefit Administrator provides services on behalf of the Provider. FORM #VPS 500-50K-90D – 2013 (04/14) PS-O