Allsure provides building cover for various circumstances including properties that are bonded to a financial institution. We make provision for home loans property insurance by noting the interest of the financial institution thereby protecting the financial interest of both parties.
Cover :
The Private Residence and Outbuildings are covered against:
- Fire, Lightning, Explosion
- Storm or Flood
- Earthquake
- Bursting, leaking or overflowing of water apparatus, pipes or fixed oil-fired heating apparatus (geysers)
- Theft or attempted theft
The building sum insured is based on the current cost of replacement, rebuilding or repairing to its pre-loss or damage condition. We aim to put you in the position that you were prior to any loss.
Automatic Extensions of cover
There are automatic extensions of cover and they are:
- Glass and Sanitaryware
- Rent
- Water-pumping Machinery
- Public Supply or Mains Connections
- Public Authorities Requirements
- Fire Brigade Charges
- Demolition and Professional Fees
- Security Guards
- Loss of Water by Leakage
- Removal of Fallen Trees
- Property Owners Liability
Optional Cover
- Subsidence and Landslip
This provides cover for subsidence or heave of the land supporting the dwelling or landslip.
The cover is provided subject to a specialised type survey of the property and acceptance by Mutual & Federal.
First Amount Payable
- Basic First Amount Payable: R500
- Reduce your premium by selecting a Flat First Amount Payable of up to R25 000
Other Compulsory First Amounts Payable will be indicated on the policy schedule.