Home Insurance

Home Insurance Policy covers your household contents and building with a simple and comprehensive coverage.

It depends on your Building and Contents value. You are required to declare the accurate details of the Building/Home with proof of ownership/value. With regard to contents, specify them in the schedule with proof of ownership for each item.

You should take Home Insurance to protect your Home and personal properties.

• Building Owners are eligible for building and content cover.
• Tenants are eligible for content cover only.

Policy period will be for one year from risk inception date.

Policy Excess/Deductible is the first amount that is to be borne by the Insured in case of a claim.

• the sum(s) insured;
• the address of your building and/or contents and/or valuables covered;
• any no claim bonus discount to which you may be entitled to on your building and/or your contents;
• your insurance history;
• the security features of your home;
• the construction and age of your home;
• the level of excess you choose to pay;
• the frequency with which you choose to pay your premium;
• the cost of any optional benefits you have selected.

Please refer to product disclosure statement for details.

• Burglary or Theft of any nature
• Deductible/ Excess mentioned in the schedule of the policy
• when the item is misplaced or disappears and where you cannot establish the cause
• electrical or mechanical breakdown or over-winding
• lawful seizure, repossession or other operation of law
• invasion, war, civil war or rebellion
• nuclear weapons, nuclear fuel, waste or material;
• acts of terrorism where such an act is directly or indirectly caused by, contributed to by, resulting from, or arising out of or in connection with biological, chemical, or nuclear weapons, pollution or contamination
• a deliberate act by you, your family or another person with your express or implied consent to cause the item to be lost or damaged
• wear and tear, depreciation, deterioration
• damage caused by atmospheric conditions, mold, mildew, insects, vermin, action of light, rot or inherent defect
• a process of cleaning, repairing, restoring or altering.

Yes. Please contact Sharq Insurance for any amendments required. Sharq Underwriting will review and do the needful.

Sharq Insurance will intimate the expiry in advance. Please contact Sharq with all requirements for renewal.

Yes, you have the right to cancel your Policy. Please refer to product disclosure statement for details.