HOUSEHOLD POLICY

Types

basic fire policy

house holder policy

house owner policy

TYPES OF PAYMENT

REPLACEMENT VALUE

NEW FOR OLD

SCOPE OF COVER

Relates to movable possessions such as furniture and electrical appliances

Covers the financial cost of repairing or replacing your household personal possessions, including furnishings from accidental loss or damage.

Belonging to You or any member of
Your Family normally residing with You

CONTENTS OF POLICY

Loss/ Damage to Contents

Damaged to Mirrors

Property Temporarily Removed

Compensation for Death of the Insured

Servant’s Property

SETTLEMENT OF CLAIM

No Right of Claim from Any Other Person

Limit to Three (3) Paying Guest only

Insurable Interest

Market Value

CLAUSE

Temporary Removal Clause
(Content of Private Dwelling)

GENERAL EXCEPTIONS

GENERAL EXCEPTIONS 1
War, invasion, act of foreign enemy,
hostilities, or warlike operations

GENERAL EXCEPTIONS 2
Caused by cessation of work, or by confiscation, commandeering, requisition or destruction of or damage to the property by order of the government de jure or de facto or any public municipal or local authority of the country or area in which the property is situated

GENERAL EXCEPTIONS 3
Not cover Consequential loss or damage of any kind except Rent Insurance.