1] Buildings
- This policy covers only the structure, fixtures and fittings of the building, general cover includes:
- Fire
- Lightning
- Explosion
- Aircraft damage
- Bursting of water pipes
- Earthquake
- Vehicle impact damage, or other impacts such as a falling tree
- Landslide
- A notable buildings policy is the “Fire Insurance Scheme for HDB Apartments” which is compulsory for all HDB homeowners with a mortgage loan taken after 1st Sept 1994
2] Contents
- This covers household contents of the building only
3] Buildings & Contents Combined
- Covers both Building & Contents in the Building
4] Valuable Articles
- This policy is designed to cover the Insured’s valuables such as:
- Antiques
- Paintings
- Jewellery
- Musical Instruments
- And any item with high monetary value
- This cover is usually limited to a percentage of the actual value of the item(s)
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