Understanding Home Contents Insurance Singapore

Understanding Home Contents Insurance Singapore

They may have got home buildings insurance as it is mandatory to take out the policy to get approved for mortgage loans and think they are secure. But that is not the case. Home buildings insurance only protects the shell of your home, not the contents inside. A proper calculation of the sum value of all their belongings will make them convinced about the necessity for having home contents insurance.

This type of insurance protects all your possessions against fire, theft, natural calamities, etc. If such an unexpected thing takes place, all your valuable possessions that are acquired over the …