This is the most known type of Insurance Policy by the public; it gives protection and indemnifies the insured (client) against damage to the motor vehicle or loss of the motor vehicle. Losses include accidental damage, theft, fire and all third party liabilities. The policy also covers injured people’s medical expenses caused as a result of a road traffic accident (RTA).
House Contents Insurance is a type of home insurance that covers loss or damage to all the things in your home that aren’t part of the structure or the building. This may include but not limited to television set, home theatre, fridge, stove, washing machine, sofas, wardrobes, kitchen units, beddings etc. The policy covers for loss or damage to household contents from fire, lightning, explosions, theft, and accidental damage whilst contained inside the building.
House Owners Insurance covers loss or damage to private dwelling buildings including all private garages, outside buildings, playing fields, boreholes (including pumps) against the risk of fire, lightning, explosion and allied perils. The major difference with house contents insurance is that house owners policy covers the building itself whilst house contents covers the contents (items) in the house or building.
Travel insurance typically covers hospital fees and treatment in case of injury or illness, plus emergency medical evacuation if you need to be transported somewhere for health reasons. Additional health-related benefits may be included in a travel insurance plan, such as: coverage for pre-existing medical conditions, adventurous or “risky” activities like trekking or skydiving and trip interruption if you need to go home early for a medical reason.
Money Insurance Policy cover the loss of money belonging to the insured or which he is responsible whilst such money is in transit or on insured’s premises or in the residence of the insured or any partner, director, director, or employee of the insured.