CHOOSING THE RIGHT TYPE OF COVER

The table below gives you an overview of which policy would provide you with the necessary cover for different risks. Go through your policy with your consultant to make sure you have enough protection.:

Home owners’insurance Household contents insurance Comprehensive motor only insurance Third party, fire and theft motor insurance Third party motor insurance
Acts of nature (listed risks)

If your asset is destroyed or damaged by an event caused by the forces of nature, for example, storms, lightning, rain, hail, wind, earthquakes and landslides.

x x x
Fire damage

This refers to your asset being destroyed or damaged by an event caused by fire.

x x x x
Accidental damage (all risks)

This refers to your asset being destroyed or damaged as a result of accidental damage, for example, water damage.

x x x
Theft

This refers to you suffering a loss as a result of the theft of your asset.

x x x x
Lost or misplacement

This refers to you receiving compensation as a result of losing or misplacing an asset.

x x x
Third party liability

This refers to you causing a loss or injury to another person or company due to an accident or act of negligence.

x x x
Personal liability

This refers to you causing a loss or injury to another person or company due to an accident or act of negligence.

x x