Whenever the word insurance is mentioned, it’s most frequently health or car insurance which pops into our minds. Spotlight on home insurance: a crucial tool to protect your home...
Identifying risks...
Many insurers in Mauritius now offer insurance covers for the protection of your home. One of the most recommended packages is the multi-risk cover: an option that is equally suitable for owners and tenants!
This protects against unexpected events, covering risks such as water overflows, vandalism, fire, cyclones, floods, lightning and, most importantly, burglary.
Insurers can provide coverage for the policyholder’s dwelling, themselves, third parties and their homes, against the risks associated with the occupancy of a house or flat.
Not limited to properties!
While insurance companies in Mauritius offer several packages to suit the needs and situations of their clients, the main factor is that houses are protected. For ultimate peace of mind, some companies also insure your valuables: sports and leisure equipment, family jewellery, or even technological devices... This means your belongings will be insured in case of accidental loss or damage.
To suit your needs...
Purchasing home insurance involves careful consideration, both in terms of coverage and budget, to ensure a plan that best suits your needs. Furthermore, the price of these insurances is calculated according to different criteria, including the quality of the cover and the additional options. The basis on which the amount to be paid is calculated is the cost of rebuilding the destroyed or damaged building.
Thus, when a client decides on the sum insured, it is the cost of reconstruction at the time of the damage or loss that must be taken into account.
