If you consider getting a home insurance policy, you might want to consider AXA Home Insurance. They offer a variety of plans, including Comprehensive, Essential, and All-Risks. Read on to learn more about their products and services. In addition, AXA Home Insurance has a website where you can see reviews from other customers.
SmartHome plan
The AXA Home Insurance SmartHome plan is an excellent choice for homeowners looking for the best value for their money. This plan combines competitive premiums with generous benefits and sub-limits. As a result, it is ideal for almost any homeowner and tenant, including those with high-profile properties.
The AXA SmartHome plan has a very generous value protection scheme, with premiums up to 28% lower than the industry average. It also includes coverage for valuables and artwork up to S$10,000. In addition, it covers the cost of professional fees and documents.
Comprehensive Plan
The AXA SmartHome plan comes with two levels of coverage: Essential and Comprehensive. Essential covers certain events, such as fire or theft, while Comprehensive provides cover against all events, including those that aren’t specified in the policy. As a result, comprehensive is the best choice for homeowners who would like a broad range of coverage.
The AXA comprehensive plan covers the contents of your home and provides coverage of up to HKD500,000 for the home contents and HKD10 million for third-party liability. The policy will cover the value of your home for up to 24 months.
Essential plan
The AXA Home Insurance Essential plan is designed to protect the basic needs of a homeowner. It provides coverage for the contents of your home, including fixtures and fittings. It also offers coverage for extraneous perils such as flood and forced entry. In addition to these necessities, you can also add additional personal accident coverage.
The AXA insurance plan does come with certain limitations, though. If you are only interested in coverage for your building, you may not want this plan. Its premiums are relatively high, which reflects its high renovation and content coverage. Its basic coverage is S$63, higher than many other insurers. Moreover, this plan doesn’t cover pets.
All-risks plan
When choosing a home insurance policy, you must consider your circumstances and risk exposure around your home. The premium savings of a few dollars a year should not outweigh the risk exposure you face around your home. An All-risks plan offers comprehensive coverage, so you’ll be protected in case of many types of accidents.
However, there are certain disadvantages to the AXA plan. For instance, the coverage is preset to specific amounts. As a result, you may not need full building coverage, and you’ll have to select it if you have a house that needs renovation. In addition, the insurer’s plan doesn’t cover pets or personal possessions, and basic coverage costs are about average when there’s no special promotion.
Coverage for bicycles
Your AXA home insurance policy may include a bicycle cover. This coverage will reimburse you for any expenses related to your bicycles, up to PS1,500 per bicycle. Your policy also covers the costs of replacing an expensive bike. However, you must pay the policy’s deductible before your policy reimburses you for repairs.
It would help if you locked your bicycle to avoid theft or damage. The lock should be immovable and heavy, making it harder for thieves to steal it. The bicycle must also be securely mounted, fitted, and operating correctly. It should also follow all traffic laws just like a car.
Claims process
The AXA Home Insurance claims process is designed to make claiming your policy as simple and painless as possible. It consists of two steps: submitting a claim and submitting supporting documents. During the claims process, the claims assist team of AXA will be on hand to help you. The team will review your documents and help you determine whether you have a valid claim.
After receiving your claim form, you must provide your personal information and policy details. You will also need to provide a brief description of the damage. You may also need to prepare an inventory of your belongings so the insurance company can properly assess the damage. Once you have provided the necessary information, you will be assigned a claim number. After that, you will be assigned an adjuster to work on your claim. To ensure that your claim is processed quickly, you want to minimize damage to your property.