HOME & BUILDING
This insurance protects your building and/or contents. There are three main types of policies provided: Fire, Houseowner, and Householder Insurance.
FIRE POLICY
The basic fire policy covers your building and/or contents from loss or damage
caused by fire and lightning.
Extended cover:
- Aircraft damage
- Earthquake and volcanic eruption
- Storm tempest
- Flood damage
- Explosion
- Impact damage
- Bursting or overflowing of water tanks apparatus or pipes
- Riot strike and malicious damage
- Electrical installation Clause B (for businesses)
- Bush fire (for businesses)
- Subsidence and landslip
- Spontaneous combustion (for businesses)
- Damage by falling tree or branches and objects thereform
- Sprinkler damage (for businesses)
- Smoke damage (for businesses)
HOUSEOWNER & HOUSEHOLDER POLICY
The Houseowner and Householder policy provide cover for loss or damage to your building and/or contents caused by any of the following:
- Fire, lightning, thunderbolt, subterranean fire
- Explosion
- Aircraft and other aerial devices and/or articles dropped therefrom
- Impact by any road vehicles or any animals not belonging to or under the control of the insured or any of his family
- Bursting or overflowing of water tanks apparatus or pipes
- Theft but only if accompanied by actual forcible and violent breaking into or out of a building or any attempt threat
- Hurricane, cyclone, typhoon, windstorm
- Earthquake, volcanic eruption
- Flood but excluding loss or damage caused by subsidence and landslip
EXCLUSIONS:
Houseowner policy does not cover loss or damage due to subsidence, landslip, riot, strike and malicious damage. These exclusions can be covered with payment of additional premiums. Extensions are available to cover loss of rent and liability to third parties for accidents in your house.
Householder policy does not cover theft claim if there is no evidence of forced and violent entry or exit.
ALL RISKS INSURANCE:
The All Risk Policy provides comprehensive cover except for those causes specifically excluded under the policy. As compared to a named perils policy, the All Risk Policy affords the broadest type of coverage that can be purchased.