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Play It Safe, Get Insured
In the face of a catastrophic loss, a home insurance coverage may be your solace – but not everyone understands this. To help you pick the right plan, we’ve pulled up a few important points for you to remember.
Which plan should you take?
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Most plans cover water damage, fire, natural disasters and theft but not all cover you against damage you may inadvertently cause yourself.
What should you insure?
Go through the details of the plan’s coverage to check if it covers all your furniture, electronics, walls and flooring, and valuables.
Where should you go?
There are around 50 licensed insurance companies in the UAE, offering a variety of plans – compare different plans based on their merits and demerits. Always read the fine print and ask questions regarding coverage and claims.
TIP: Make a list of your belongings and their prices before applying for insurance to ensure you get sufficient coverage.