Yes, assuming the full value is within the policy limits.
If repair is possible, we will pay for the cost of repair.
If repair is not possible then we replace on a new for old basis. This means the cover will provide for the cost of buying a new version of the musical property (up to your policy limits). If the model of the item being replaced is no longer in production, we will replace with an equivalent model or specification.
Note: there is an excess of £100 of for computer equipment, this means you have to pay the first £100 of each claim relating to computer equipment.