General Questions about Property Insurance

1. Could you have home&property insurance, if you don't know actual value of your property?

Yes, you can have home & condo insurance even if you are not certain about the actual value of your property.

2. What kind of property available for the insurance?

Our package now covers concrete or brick and mortar buildings only. Such as a house, townhouse, shop house or condominium with residential purpose only, any commercial purpose buildings are not eligible. And this policy not covering for half concrete half-wooden or wooden buildings.

3. What is temporary accommodation expense?

temporary accommodation expense provides compensation when your property is unable to live due to insured damage, while your home is being repaired.

4. How we assess value of your property for calculating the compensation?

Your property value will be assessed without considering depreciation.

5. How long it would take to claim home&property insurance.

Normally, an insurance company will pay emergency expenses of the estimated loss within 7 days (50% of estimate compensation for AIG), without waiting for final appraisal as usual. (Contact : AIG Call Center 0 2649 1999)

6. Which Documents require for claims property insurance.

In case claims support documents such as photos, evidence, invoice reparation quotation, copy of ID Card and finally download and fill up a claim form from your insurance company