Our houses are often the most significant financial investment that we make throughout our lives. Many of us tend to overlook the importance of purchasing a home insurance policy. With so many different policies offering a variety of coverage each, it is important to choose one that suits our own needs and requirements.
To purchase home insurance in Malaysia, the most important thing is to identify the many different policies and their coverage. Each policy comes with it its own set of coverage, terms and conditions. You should read through the policies carefully to be clear of what is being covered. Insurance agents will usually give you a summarised explanation but it is always better for you to go through the entire thing yourselves so that you do not miss out on any specific terms and conditions. Next up, choose the policy that is best catered to your needs. You can save a sum just by purchasing the one that is suitable for you. For example, if you own a house in the city centre then you would not have to buy a policy that explicitly covers against landslides.
In addition, it is equally important to make sure that you are not underinsured. An underinsured house will often require additional payment from your own pocket when making a claim. The Houseowner/Householder policy provides a comprehensive coverage to both your house and its contents. This ensures that in the event of an accident, you will be able to make claims for the contents in your house such as furniture and electronics besides damage done to the building.
If you need any further information on home insurance, please feel free to contact us at 1800-88-2121. Leave the hard work to our professional trained staff here and we will be able to assist you in finding the most suitable policy for your house.