On an average we spend a big part of our lives paying our home loans/ rents and spent a lot of money in furnishing our homes but we forget one essential protection measure: home insurance. Anyone who is the owner or occupant of a property can purchase a home insurance policy
Depending on the type of Home insurance chosen it covers
1. Buildings Only Cover Plans
Accidental Damage
Loss of Rent or Alternative Accommodation
Breakage of Fixed Glass and Sanitary
Pipes and Cables
Removal of Debris
Owner’s Legal Liability to the Public
Water and Cooling Installations
2. Home Contents Only
Fire and Allied Peril / Accidental Damage to household and contents
Loss of Rent or Alternative Accommodation
Household Removals
Fatal Injury Benefit
Occupiers Personal and Employers Liability
Tenant’s Liability
Theft of Keys
Visitor’s Personal Effects
Food Spoilage
Contents Temporarily Removed
Contents in Open
3. Optional Covers- Personal Belongings
Accidental Damage to: Personal Belongings, valuables, Portable Equipments
Loss of documents (Passport, driving license, work permit and residence permit)
Personal Money and Credit Cards
4. Domestic Help Cover
Protects your liability to Domestic Help against
Accidental health
Accidental medical Reimbursement
Repatriation (accidental death)
Home insurance is considered to be expensive but premium for it can be as low as AED2.19 per day. Most people realise the importance of home insurance only after they have suffered losses but that can be too late.
For knowing more about how to protect yourself from unforeseen losses to
home/contents please ping me.
Cheers,
Sreekanth
0503963193
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