What does content insurance cover?
it usually covers the cost of your personal possessions eg phone, laptop, couch. Content insurance generally covers your outside property such as garden furniture or gardening equipment
covers and protects you from fire damage, storms, vandalism and other natural disasters
Who should purchase content insurance?
people who value their contents very much and have a significant meaning to that person. A person should insure their contents if they are worth large amounts of money
What doesn't content insurance cover? It does not cover self inflicted damage eg breaking your own fence on purpose. It also doesn't cover items that re a certain distance away from your property eg your bike sitting at the end of your street
What car insurance will cover:
Riots, such as terrorism
Damage to window screens
Severely damaged cars
Third Party Insurance:
covers the damage that you have caused to someone else e.g. bodily injury
causing damage to a car
Who should purchase car insurance:
People who are at risk when driving
What car insurance will not cover:
Intoxication of alcohol/drugs
Without valid licence
Damage to engine
Any damage due to war etc
People that should get it:
If you are at the age where you are liable for house insurance, you should get it as it protects you from possible danger and negative situations
What house insurance covers:
Replacement of keys
Damage such as vandalism
What income protection covers:
Loss of wages, salary or normal income because of illness, injury, accident, ect.
Loss of income from being made redundant (losing your job).
Part payments while you gradually return to work.
Cost of any modifications to a workplace needed to enable you to work.
What income protection doesn't cover:
Very high risk jobs may need a special policy.
Deliberate self-inflicted injury.
What travel insurance usually covers:
Lost or delayed baggage
Medical coverage or medical evacuation
Immediate $10,000 out to help with funeral cost.
Full payout for death after 2 weeks.
Early payout for terminal illness.