Household Insurance, protect your most valuable asset

Household insurance would provide compensation for liability such as medical expenditure and other payments that result from property damage due to unforeseen events and circumstances such as -
- Severe weather consequences - Theft and vandalism - Fire and explosion - Natural calamities and civil disturbances

Apart from personal property, liability insurance for the individual residing and its dependents are also covered. For example a spouse and children are generally included in the policy if they reside in the same household.

Most mortgage lender will definitely insist on you taking out a household insurance to protect your investment. In addition it safeguards the lender against unseen catastrophe.

What could household insurance compensate you against?
Household insurance offers financial protection to both the actual building structure called 'Building Insurance' and its contents such as the personal belongings within the property known as Content Insurance'.

Building insurance covers any permanent fixtures or fittings that cannot be taken away by theft or when you relocate -
- Fittings in baths, toilets and kitchens
- Fireplace
- Built in wardrobe or cupboards
- Interior decorations

House content Insurance covers all personal possession of specific replacement value in your home, but not the items you remove from your home -
- Furniture, furnishings
- Kitchen amenities
- Electronic goods
- Clothing, personal effects and so on.