Policy snapshot
Covers damage to home structure and contents due to fire, theft or specified natural calamities.
What is Home Building and Contents Insurance?
Home Building and Contents Insurance provides financial protection for damage to the building structure and household contents such as furniture, appliances and personal belongings due to covered events.
What can it cover?
- Damage to building from fire, lightning, explosion and specified perils
- Damage due to certain natural calamities such as storm or flood
- Cover for contents against fire, theft, burglary and accidental damage as per policy
- Optional cover for jewellery, valuables and electronics
- Alternate accommodation benefit in some plans
Who should consider it?
- Homeowners wanting comprehensive protection
- Families living in owned flats or independent houses
- Tenants seeking protection for household contents
Key features to understand
- Combined protection for structure and contents
- Option to insure only building or only contents
- Add ons for high value items and portable devices
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.