Protect your Biggest Investment through Short-Term Insurance

Buying a home is not only a great investment, it is also a lifelong commitment that requires careful financial planning as there are various costs involved, including bond repayments, lights and water bills, municipal rates and taxes, and levies (exclusively for sectional-titles). These costs, by law, are essential to pay, however, there is another cost that is not a requirement but is a vital component in homeownership. 

Home insurance and homeownership go hand in hand, and it is not advisable to have the latter without the former. Home insurance is designed to cover losses, damages and accidents to an individual's household, as well as, assets within the home. Due to the immense protection that it offers, banks in South Africa rarely grant home loans if a property is not first insured. 

Since your home is one of the biggest investments you will ever make, it is integral to choose an insurance company most suited to you by weighing up various options before settling on a quote. 

Depending on the type of home insurance you choose, it typically will pay for various damages to your household and its possessions in the event of natural disasters, fires, theft and vandalism, whilst also providing liability coverage if someone gets injured on your property and sues. If you are displaced, your insurance may even cover shelter costs, in this way, you don't have to foot the bill for high hotel bills. 

What is short-term insurance?

Home insurance falls under short-term insurance, which includes, but is not limited to, vehicle, personal liability, travel and business insurance. It is a financial contract, whereby, an insurer protects your movable (vehicles) and immovable assets (homes and business property) in the event of loss or damage. 

Although short-term insurance is vital for major repairs and replacements, it is also handy in small-scale instances such as a simple geyser burst at home, dripping taps and blocked pipes. 

Recognising the importance of this, De Lucia Insurance has developed its own short-term insurance policies that not only protect homeowners but everyday people and businesses. It places individual needs and affordability at the forefront and is designed along tailored requirements. 

De Lucia Insurance understands that each person and business is different, and therefore, highly personalised insurance plans cater to these differences. A team of expert insurance brokers and financial advisors provide customised policies that suit personal and business needs. Each policy is designed along budget friendly guidelines, ensuring affordability without compromising on quality.

When handling claims, De Lucia Group strives to make the process as least frustrating as possible through facilitating the entire process on your behalf and settling claims quickly and professionally. Some of the services include; assisting with necessary documentation, admin functions, and car hire and handyman services to name a few.

Life is unpredictable, and unfortunate events happen when you least expect it. To protect yourself, your assets, and make life significantly less stressful when the unexpected happens, it is essential that you invest in short-term insurance. This will ensure that you get assistance if or when you need it, so you can get back to living a life without unnecessary burdens. Thinking about signing up to De Lucia Insurance? Speak to us and find out more.