Buildings and Contents
If you own your own home, then a property financed with a mortgage will require compulsory buildings insurance. There are a wide variety of companies that provide cover, and prices can vary, it is important to search the market and find a suitable policy at a competitive price. Contents insurance is optional, and protects the items within the home, as opposed to the building itself. There are wide number of variables with contents insurance, and additional options such as personal belongins or bike cover can be added.
Landlords Insurance
If you rent a property then you may require specific insurance to cover the contents of the property. standard contetns insurance would not apply to a rented property, so specific landlords insurance would be necessary to protect the home against any damage tenants may cause.
Mortgage Protection Payment Insurance
This policy is similar to accident and sickness cover, it is a policy that is specifically designed to pay a mortgage payment in the event of being unable to work due to accident or sickness. It is a relatively low cost policy, that protects one of the most important assets you can have.
