Home & Auto Insurance

*Building
*Contents
*Personal Possessions
*Third Party Liabilities
*Additional Coverages

Covered Perils

*Fire, burglary and theft
*Windstorm, rainstorm, tsunami
*Tidal wave
*Earthquake, subsidence, collapse
*Seaquake, volcanic eruption including
*Flood and overflow of sea caused by these perils

Mortgage Indemnity Insurance

This coverage is designed to provide insurance coverage regionally, that adequately protects the bank’s interest and that of our customers by providing a broader scope of insurance coverage at a cost that is reasonable and affordable:

Mortgage Indemnity Insurance Policy is supplemental to the Mortgage to secure repayment of the Actual Advance with interest thereon

The benefits of this coverage:

*Ease in sourcing and securing insurance coverage for all territories and all properties
*Reasonable insurance premium cost
*Consistent approach with policy coverage across all territories
*Easier and hassle free claims administration
*Certainty around insurance coverage and insurer response
*Contract Work Insurance – Homes Under Construction

Also known as Contractors Home Insurance, covers homes under construction or renovation and the risks associated therewith. Contract Works insurance is written on an All Risk basis and is broad in the scope of perils covered.

The benefits of this coverage:

*The coverage period extends from commencement of the construction or renovation to practical completion
*Gives protection against the insured having to pay twice for materials and equipment lost or damaged by the covered events
*Assists in fast recovery from loss or damage associated with covered events
*Indemnifies the insured against liabilities to third parties during the period of construction

Coverage includes:

*Construction Equipment
*Building structures
*Tools
*Building materials