| Features | |
|---|---|
ADCB Home content Insurance
|
Features: No Salary Transfer, Personal Items, Loss of Documents, Household Removals |
What does Home contents Insurance Cover:
Principal cover:
Principal cover:
- Your personal items and contents of your home
- Loss of rent or cost of alternative accommodation
- Third party liability against personal injuries/property damage
- Personal money and credit cards
- Loss of documents (passport, driving license, work permit etc)
- Other covers provided by the policy include
- Damage to contents when you are moving to a new home in the UAE
- Death, permanent disability, medical expenses or body repatriation of a maid due to fire, theft, flood etc.
- Fatal injury benefits to the insured or spouse
- Loss of rent or cost of Alternative Accommodation
- Contents Temporarily Removed
- Contents in the open
- Theft/ Lost of keys
- Household Removals
- Visitors personal Effects -in total for loss or damage
- Tenants Liability
- Personal money and credit cards
- Loss of documents (passport- driving license- work permit etc)
- Third party and neighbors Liability
- Workmen’s compensation in respect of domestic servant sponsored by the insured
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
