Have you got house and contents insurance? Taking out a policy has crossed most peoples minds, several times even since moving to Dubai but somehow no one gets around to doing it, it just keeps getting putting off. Living in ‘other’ countries, it’s one of the first things people get, as being burgled can be devastating. Why then the neglect now?
Have we become complacent since moving here, simply because Dubai is relatively crime and theft-free compared to our home countries? It’s true, the chances of someone breaking into your Dubai home and stealing all your worldly possessions are pretty slim, but what people fail to consider is the possibility of a natural disaster, electrical short-circuit resulting in fire, due to shoddy building works, or simple loss and misadventure? There are many expats living in Dubai who reside in a high-rise apartment building, what if one of the neighbours causes a fire or flooding that takes out the apartment too? Sadly, as recent events in the Marina shows this does happen.
The landlord’s insurance more than likely will only cover the building where you live, not your personal belongings and your liability. Contents insurance should cover all the items in your home that you are likely to take along when you decide to move out. Items like carpets, curtains, furniture, electrical appliances, valuables, clothing and personal effects are all included as part of contents.
If you’re renting, talk to your landlord today and see what he has covered! Don’t put it off any longer, get professional, impartial advice today.
You can now get insurance online and it’s a lot less than you might think. Do it today!
Insurance and many financial institutions such as AIG AXA, RSA HSBC and Emirates NBD offer home and contents insurance.
