Can I purchase Allianz Home Protect if I am not a Singaporean?
Yes, you may purchase the policy provided the premises to be insured are located in Singapore..
What are the eligibility criteria to purchase Allianz Home Protect? If I am a tenant of the property, can I purchase the plan? Yes, as long as the premises to be insured are located in Singapore, you can purchase Allianz Home Protect. Tenants renting residential premises in Singapore can also purchase this plan.
Are the contents covered when my home is unoccupied? Loss or damage caused by theft will not be covered for any period over 90 days that the home is unoccupied. Loss or damage caused by sprinkler leakage will not be covered for any period over 30 days that the customer’s home is unoccupied. All other losses occurring while the home is unoccupied are covered.
If my personal belongings are lost or damaged overseas, is this covered?
If you purchase the Worldwide All Risk option, this covers loss or damage to your personal belongings occurring anywhere in the world. This is subject to a limit specified in your Policy Schedule.
I have just bought a new home and it is mandatory to take up Fire Insurance either through the bank or through the HDB Fire Insurance Scheme. How does Allianz Home Protect complement this plan? The cover effected under the HDB Fire Policy or your Mortgage Fire Insurance usually relates to the building structures, permanent fixtures and fittings only. Any household improvements, home contents and personal belongings may not be covered. Allianz Home Protect provides this cover plus optional covers such as Home Appliance Accidental Protection and Worldwide All Risk.
Allianz Motor Protect Policy is underwritten by Allianz Insurance Singapore Pte. Ltd (Allianz).
The above information is for reference only. If you are unsure if this product is suitable for you, we strongly encourage you to speak to a qualified insurance adviser. Otherwise, you may end up buying a plan that does not meet your financial expectations or needs.
The Policy may contain terms and conditions which are not detailed in the above. Should there be any discrepancy between the information contained in the above and the terms of the Policy, the terms of the Policy shall prevail. For exact terms and conditions and details of the exclusions, please refer to the Policy Wording or contact Allianz.
Certain benefits such as Alternative Accommodation, Window/Door replacement, Home Contracting works and Emergency Cash Allowance do not have an excess. The excess is S$250 for each claim arising from household removal; S$200 or 5% (whichever is greater) for each claim arising from water damage; S$10,000 or 10% of the loss (whichever is greater) for each claim arising from landslip or subsidence. The excess for all other claims is S$100.
The insured premise contains no illegal structure and is located in the Republic of Singapore.
The insured premise must be for residential use. No industrial or commercial buildings will be covered.
Proposers and their families must comply with all statutory obligations and take reasonable steps to prevent loss or damage; to maintain any premises to be insured in good condition and sound repair; and to fulfill the requirement of the deed of mutual covenant, any other relevant regulation or statutory instruments relating to the premises or buildings to be insured.
This Policy is protected under the Policy Owners’ Protection Scheme, which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit the GIA or the SDIC websites (www.gia.org.sg or www.sdic.org.sg)..
This advertisement has not been reviewed by the Monetary Authority of Singapore.