Have you landed yourself in trouble?
In the dictionary of insurers and beyond, the meaning of the thief is different to the meaning of burglar. So if your household contents have been stolen without your home being broken into, and the wording in your insurance policy covers for burglary (breakage), and not theft, then yes, you are probably in trouble.
The economic collapse and the crisis taking place in Cyprus recently, is bringing insecurity and thieves are on the rise causing police sirens to be sounding more often.
Already there is a recorded increase in the rates of burglaries and thefts. Perhaps now, more than ever, your homeowner’s insurance is an absolute necessity.
A check over of your insurance policy, via the Insurance Audit service, will either reassure you that you have the correct cover or will offer you the right advice to renegotiate your policy so you are not paying for insurance that may not even be insuring you.
INSURANCE LINK TIP
“A single word, either by its presence or its absence, may prove destructive to the policyholder in case of claim.”