Buildings and Contents Insurance

Your home and its contents are likely to be your most valuable financial assets. It is therefore important to protect them against incidents that can potentially destroy or severely damage them. Buildings and Contents Insurance provides this type of cover.

Why Paymentshield?

We chose to select Paymentshield as our provider of mortgage related insurances as they are firmly established as the UK’s largest Independent supplier to the intermediary sector. They were founded in 1992 and have more than 500,000 Buildings & Contents policies in force. The Buildings and Contents policies are underwritten by Royal and Sun Alliance, one of the largest and most respected insurers in the UK, so you can rest assured you are dealing with a business that had a proud history and the resources to provide you with the level of service you expect.
Buildings insurance covers damage to your home as a result of a wide range of events including fire, storm, flood, subsidence, theft and escape of water and contents insurance covers loss or damage to your household goods and personal effects as a result of a wide range of events including fire, smoke damage, malicious damage or vandalism, storms, floods, subsidence, theft and escape of water. The event is covered when it happens in your home There are other optional extras that you may wish to consider such as:

Accidental Damage

On most policies you can choose extended Accidental Damage Insurance for your Buildings and/or Contents. This covers visible damage that has not been caused on purpose or inevitably.

Personal Possessions

This covers clothing, baggage and personal effects carried by you or your family. The items are insured in the home or when they are away from the home.

Home Emergency Cover

A Home Emergency is a sudden, unexpected event in your home that requires immediate action. This gives you access to an emergency 24 hour helpline who can assist with most emergencies and, if necessary, send out a qualified professional to complete any work. You are able to claim for the cost of a Home Emergency subject to terms and conditions (to an overall limit of £500 per claim and includes callout charge, material and labour costs of an appointed reputable contractor).

Legal Expenses Cover

This enables you to seek legal advice up to £50,000 subject to terms and conditions for unforeseen situations that could leave you out of pocket. For example, an employment dispute, injury claim and many more.

All information supplied through Paymentshield literature.