For the past 10 years of living here in Manila, I have rented so many apartments, rooms and condo units from Pasig to Mandaluyong and now I am back to Makati. I have also spent over a year staying in BGC when I was co-living with my boyfriend in his upscale condo. Having an own abode in the metro is not something all can afford but for those who are lucky to have their own, I can only say this: secure your most valued possession. Get a trusted home insurance in the Philippines.
Why? Because we do not know what the future holds. We can easily replace our gadgets and/cars but a house, lot or a condo unit is not something you can buy the next day you lose it unless you are Mark Zuckerberg or Manny Pacquiao. I have relatives who have worked abroad missing many years of spending time with their family just to be able to buy a decent house and lot but because of unfortunate circumstances like a strong typhoon or fire, all their possessions and their house were gone in an instant.
Why? Because we do not know what the future holds. We can easily replace our gadgets and/cars but a house, lot or a condo unit is not something you can buy the next day you lose it unless you are Mark Zuckerberg or Manny Pacquiao. I have relatives who have worked abroad missing many years of spending time with their family just to be able to buy a decent house and lot but because of unfortunate circumstances like a strong typhoon or fire, all their possessions and their house were gone in an instant.
The Malayan Home Insurance
There are so many home and property insurances in the Philippines right now that's why it is best to check first which one is worth your money. Each of these are different so you really need to know which one offers the best. We are talking about your house - it should get nothing but the top benefits because this is where you eat, sleep and bond with your loved ones.
The Malayan Home Protect Plus covers a lot of inconveniences and undesirable events that we do not want to happen but could happen. We do not know when but it is best to be prepared. Below is the list of those:
- Fire and Lightning
- Earthquake Fire & Earthquake Shock
- Typhoon & Flood
- Riots, Strikes and Malicious Damage
- Bursting or Overflowing of Water Tanks, Pipes & Fittings (BOWTAP)
- Sprinkler Leakage
- Volcanic Eruption
- Extended Coverage (Smoke Damage, Explosion, Vehicular Impact & Falling Aircraft)
- Earthquake Fire & Earthquake Shock
- Typhoon & Flood
- Riots, Strikes and Malicious Damage
- Bursting or Overflowing of Water Tanks, Pipes & Fittings (BOWTAP)
- Sprinkler Leakage
- Volcanic Eruption
- Extended Coverage (Smoke Damage, Explosion, Vehicular Impact & Falling Aircraft)
Aside from the ones mentioned above, the Malayan Home Insurance coverage has a lot more to offer. See the list below:
- Burglary & Housebreaking
- Personal Liability
- Accidental Breakage of Fixed Glass
- Alterations & Repairs
- Alternative Accommodation
- Architect & Surveyor's Fees
- Automatic Increase Clause
- Debris Removal
- Expediting Expense
- Fire Fighting Expense
- Professional Fees
- Replacement & Lock Keys
- Temporary Removal Clause
- Outbuilding Clause
- Special Assessment Clause for Condo Units
As you see getting a homeowner's insurance in the Philippines is not only about preparing for the worst that most of the time do not happen. It is also providing assistance for smallest things that are bound to happen like household repairs that sometimes cost us money.
If you really want to be have that full peace of mind, the Malayan Home Insurance Protect Plus offers the following for added premium:
For Personal Accident
The insured, the spouse and children in the event of accidental death or dismemberment arising within the period of coverage. They get the following benefits:
- Medical Reimbursement
- Burial Expenses (New!)
For Family Hospitalization Insurance
- Provides financial assistance to the insured and/or any member of his family for hospital confinement or surgical expenses incurred due to accident.
Household Employee Insurance
- Provides hospitalization, personal accident and personal belongings protection to the insured’s household employees.
Valuable Items Protection
- Provides protection for your personal possessions or declared valuable items such as works of art and antiques whilst contained within the insured premises only and solely against the named perils.
Basic Coverage Property Insurance
- Fire and Lightning, Earthquake Fire & Earthquake Shock, Typhoon & Flood, Riots, Strikes and Malicious Damage, Bursting or Overflowing of Water Tanks, Pipes & Fittings, Sprinkler Leakage, Volcanic Eruption, Extended Coverage and Extension of Covers.Malayan Insurance website: https://www.malayan.com/
Malayan Insurance Facebook fan page: https://www.facebook.com/malayaninsuranceph
Malayan Insurance Instagram: https://www.instagram.com/malayaninsuranceph
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