Cover for the structure of a home and the contents inside it against named perils.
A home insurance policy covers the building, the contents, or both. Structure cover responds to fire, flood, earthquake, storm and impact damage; contents cover extends to furniture, appliances, electronics and, with a separate declaration, jewellery. Tenants can insure contents without owning the structure.
Premiums are modest relative to the sum insured because the events are rare, which is exactly why the cover tends to be skipped. We place the policy with the sum insured worked out on reinstatement value rather than a guessed number, and support the claim if it is ever needed.
Key features
- Structure cover, contents cover, or both under one policy
- Standard fire and special perils cover as the base, with burglary commonly added
- Sum insured for the structure based on reinstatement cost, not market value
- Jewellery and valuables covered on declaration, usually with a valuation requirement
- Long-term policies available for owned homes at a discounted premium
- Tenant contents cover available without insuring the building
Risk disclosure. Insurance is a subject matter of solicitation. Benefits, exclusions, waiting periods and claim outcomes are governed solely by the policy wording issued by the insurer. Pyrramid Wealth Distributors distributes this product and does not manufacture it. Nothing here is a recommendation or investment advice.