Imagine how terrible you would feel if one day you came home to find the property you own in ruins. Now imagine how even worse you’d feel if didn’t have any insurance. Buildings insurance covers the cost of rebuilding your home if it's damaged or destroyed. It's usually compulsory if you're looking to take out a mortgage and you may not be able to get one unless you take out buildings insurance.
Contents insurance is designed to protect your belongings. As a general rule, your contents are the things that could be taken with you if you decided to move house. Some contents insurance policies also provide restricted cover for personal possessions temporarily taken away from the home by the policyholder.
Accident, Sickness and Unemployment Cover.
Accident, Sickness and Unemployment cover (ASU) is designed to provide you with financial protection in the event you are unable to continue working because:
- You have lost your job through no fault of your own
- You become ill and are too sick to work
- You have suffered an injury and are unable to work