Home Insurance FAQ
What is a Fire & Allied Perils Policy?
Our Fire & Allied Perils Policy only covers defined risks as mentioned in your policy document. For instance, fire, explosion, lightning, earthquake, storm & flood, theft or attempted theft through forcible and violent entry, escape of water from tank or pipes, strike, riot & civil commotion and more.
What is an All Risk Policy?
Our All Risk Policy covers accidental physical loss of or damage to the insured property from any external cause not specifically excluded in the policy document.
The below is a list of commonly known exclusions. Please refer to the policy document for the complete list of exclusions:
- Normal depreciation, wear & tear
- Defective design, materials or faulty workmanship
- Subsidence (earth sinking) and/or heave (Landslip/Incorrect soil test)
- Unoccupied buildings (for a prolonged period of time)
Why do I need Tenants Liability coverage?
If you are legally responsible, Tenant’s Liability will cover you against loss or damage to the home and landlords fixtures and fittings. It will also cover you against accidental breakage of fixed glass, solar panel units, fixed baths, cables, underground pipes and so on.
Occupier’s Liability covers you, the tenant, against liability for damages and claimants costs and expenses in respect of accidental bodily injury to any person including your domestic helper(s). You are also covered against accidental loss or damage to material property.
Owners Legal Liability covers you, the owner of the building, for damages and claimants costs and expenses in respect of accidental bodily injury to any person, and accidental loss or damage to material property.
What is Domestic Helpers cover?
We will pay up to SAR 30,000 in the event that a domestic helper employed by you dies or sustains bodily injury.
What is Fatal Injury Benefit?
In the event of your death or of your spouse as a direct result of injury caused in your home by fire, explosion, lighting or thieves we will pay in total the sum of SAR 50,000.
For further information please contact:
800 124 4141
MetLife - AIG - ANB Cooperative Insurance Company
Al-Munajem Tower - King Fahad Road - Olaya District
P.O. Box: 56437, Riyadh 11554
Kingdom of Saudi Arabia
Tel.: +966 (11) 5109300
Fax: +966 (11) 5109396