What kind of benefits can I get from Homeplan Insurance Cover?

Buildings Cover

Rate is 0.12% of the sum insured.
Insurance cover is against fire and accidental damage to the building
Cover for buildings include all structures or buildings in the stand or yard e.g. durawalls, gates and electrical motors*
Valuations – customer can undertake own valuation or Old Mutual insurance Company (Pvt) Limited can provide the service at no cost.

* These include generators, gate motor, all pumps e.g. borehole pumps, swimming pool pumps etc.

Includes all items under the house e.g. bed sets, televisions, wardrobes, lounge suites, home theatres, etc
Insurance cover is against fire, theft and accidental damage.
Customer can opt to cover contents only or together with the house or office building
Rate of cover is 1.2% of the sum insured
Customer provides a figure of the net worth (value) of all contents to be covered.
Customer details list of the contents and for electrical (serial numbers and year of manufacture are optional).
Valuations – customer can undertake own valuation or Old Mutual Insurance Company (Pvt) Limited can provide the service at no cost.

Entails all portable contents e.g. laptops, jewellery, wrist watches, spectacles, clothes, handbags etc.
Customer cannot take insurance cover for all risk items alone. Options available:
taking cover for contents and include all risk items
taking Home plan cover and all risk items

Home Plan Buildings

Covers against fire and accidental damage to the buildings. Cover for buildings include permanent structures or residential buildings in the stand or yard such as pre cast walls, gates and electrical motors
Household Contents

Includes all items kept inside the house, insuarance cover is against fire, theft and accidental damage.
All Risks

Cover all portable contents that are normally taken out of the house.

For Home Plan: This insurance policy is underwritten by Old Mutual Insurance Company (A member of the Old Mutual Group). The insurance coverage that this policy provides shall be at all times subject to the terms and conditions of the policy contract issued by Old Mutual Insurance Company. Standard Chartered Bank shall not be responsible for Old Mutual Insurance Company's actions or decisions under the policy contract nor shall Standard Chartered Bank be liable regarding payment of claims or services under the policy contract issued by Old Mutual Insurance Company. Premium holidays are not permitted.