When we hear about home insurance, we often think about fires or floods and their consequences:  ruined homes and distraught families. While many people tend to purchase basic fire insurance that basically covers only the structure of the building, there’s another important option available to insure the belongings in your home.

Home contents insurance ensures that your belongings in your home are insured against unfortunate events such as fire, theft and floods.  This is especially beneficial for those who have invested in quality furniture, fittings, electronic devices and other items that make a home functional and comfortable.

Keep financial losses at bay

Our homes are more than simply its building and structure. What makes it ours are the belongings that we put in it. Aside from unfortunate events that may damage or destroy our homes, there are times that the structure itself is not at risk, but the home contents are – rising waters, electrical faults, or even simple burglaries and thefts. 

Without insurance, getting back to how things used to be is a great financial burden. A damaged home needs to be refitted with the things that make it a place of rest such as a sofa and a comfortable bed with good lighting and air flow. Kitchen appliances or home entertainment will need to be purchased again.

With home contents insurance, damaged belongings may be repaired, replaced or paid in cash to get you back to your normal routine. 

Insure the contents of rented homes 

Home contents insurance also provides valuable protection to both landlords and tenants of rented properties. As a landlord, you may have invested in furniture and appliances as part of your semi or fully furnished property-for-rent. Having home contents insurance is vital to protecting your assets that make your property attractive.

Similarly, a home contents policy is also important to tenants of rented properties. Many could have purchased their own fans or coffee machines that would not be protected under the landlords’ fire policies. Tenants can consider protecting these items with their own policies, and when there is a move, the home contents insurance is portable. All that needs to be done is to inform their insurance companies of their new address.

MSIG EZ Home Essentials Insurance

EZ Home Essentials Insurance is a home contents insurance that is suitable for those who have specific items in their homes that they would like to insure. The plan is customisable to your current lifestyle, so you can choose from four categories that are relevant:

• Home Electrical Products
• Household Goods
• Security System
• Entertainment System

You can select the coverage you need and premium according to your affordability and specific needs.

You can also select a coverage term of six to twelve months with coverage of up to RM15,000. The MSIG EZ Home Essentials Insurance provides an all-risk cover, which means your home items will be protected from damages or losses caused by fire, theft, accidental damage, and most perils*.

Most importantly signing up can be done quickly online and, if successful, is effective soon after. It takes less than 5 minutes to complete the process.

*Not inclusive of Service Tax and Stamp Duty.

MSIG EZ Home Essentials Insurance is a good place to start if you have just begun to think about insuring your belongings. It will provide protection for your home contents from unfortunate events from as low as *RM6.25 a month for an annual policy or RM8.33 a month for a bi-annual policy.  

Click here to learn more about MSIG EZ Home Essentials.

*Terms and conditions apply.

• TAGS:
• Home Contents Insurance
• Home Rental
• MSIG Insurance
• Property