What can be optionally included in Home Insurance as extras or premium?
Everyday Home Insurance defines optional benefits as benefits that can be added to your home insurance policy for an additional premium.
Here are some optional benefits that can be included in your policy. Depending on the type of policy you have, different limits may apply.
Electrical Motor Burnout
Electrical motor burnout is the fusion or burning out of the actual wiring of a domestic motor by an electrical current.
When your building is insured it may help cover the cost of repairing or replacing any motor that forms part of your building, like your dishwasher.
When your contents are insured it may help cover the cost of repairing or replacing any motor that forms part of your contents - like your refrigerator. We may also pay for losses from food spoilage.
This additional benefit is suitable for people that want to protect their contents from loss or damage when they take it outside of their home. It can be added to an Everyday Contents Insurance policy for an extra cost.
Some items you can cover with the additional portable contents benefit are: