How much do I need to bear as policy excess?

S$100.00. If your loss after application of depreciation falls below this amount, your insurer cannot be involved. For example, if you lost one club which was purchased for $120.00 one year ago, after applying 20% depreciation (ie $24.00), your net loss of $96.00 is not claimable because it falls below the policy excess of $100.00.