AIG Homes Advantage - Broad home contents cover for homeowners and landlords
Key features of AIG Homes Advantage
#1: Broad home contents cover
AIG Homes Advantage offers ‘all-risks’ cover for your home contents. This translates to a broader range of protection as you can claim for damage or loss under an increased number of circumstances, instead of just specific events. (Notwithstanding this, terms and conditions still apply.)
Some homeowners may find this broader coverage to be more attractive. However, you should note that in exchange, the maximum benefit is not as high - for this plan, it is capped at S$20,000, S$35,000 and S$50,000 for the three tiers respectively.
#2: Made for a wide range of budgets
This plan comes in three tiers - Classic, Superior and Premier - to suit a wide range of budgets and coverage levels.
Furthermore, if you feel the three pre-made plans don’t quite suit your needs, you can also customise your benefits, tailoring them into a better fit.
Hence, homeowners and landlords should find it easy to pick a plan that suits their needs, no matter the type of residential property they are trying to protect.
#3: Landlord-specific protections
Particularly for those who rent out their properties, AIG Homes Advantage offers robust and useful benefits.
The first of this is protection against loss of rent due to an insured event - up to 20% of the building cover. Considering that the sums assured for this category is S$85,000, S$135,000 and S$225,000 for the three tiers respectively, the coverage for loss of rent is pretty substantial.
Secondly, you’ll also receive a landlord’s legal liability benefit of up to S$1,000,000 against accidental injury or property damage. This is on top of the worldwide personal liability (also up to S$1,000,000) that you’ll also receive under this plan.
For whom is AIG Homes Advantage best suited?
With three tiers, and the ability to customise your own benefits, AIG Homes Advantage is designed for a wide range of homeowners. On top of that, there’s a good mix of additional benefits, including landlord-specific protection, utilities bill cover, worldwide cover for ATM assault and more.
Whether you’re a holder of an HDB flat, condo unit, landed property or other private residence, AIG Homes Advantage offers well-rounded coverage and beefy benefits.
SingSaver Exclusive Promotion: Receive a Cornell Table Top Grill with Hotpot (worth S$109) when you apply for an AIG Homes Advantage Package. Valid till 31 March 2023. T&Cs apply.
AIG Homes Complete - Focused protection for personal belongings with flexible payment modes
Key features of AIG Homes Complete
#1: Made for renters or homeowners who already have sufficient building cover
Unlike its counterparts, the AIG Homes Complete plan focuses solely on protection for home contents, with up to S$100,000 sum assured.
As such, this plan is best suited if you’re renting a place of residence. Alternatively, those with sufficient building cover already can also consider adding this plan to boost protection for their home contents.
#2: Worldwide protection against identity theft, ATM assault and personal effects
AIG Homes Complete also offers worldwide cover for identity theft, ATM assaults and personal effects.
These benefits cater to the specific needs of renters (who may face heightened risks of personal data leaks, for instance), and those with a nomadic lifestyle that change places of residences frequently.
As an added bonus, you’ll also receive worldwide personal liability cover of up to S$200,000, as well as S$20,000 in personal accident benefits on a complimentary basis.
#3: Flexible premium payment options
Renters and those who are constantly on the move may find it difficult to commit to a year-long policy. They may need to make a move at short notice or simply won’t be staying longer than a few weeks or months.
If this describes you, you’ll be pleased to know that AIG Homes Complete is available on a monthly basis, giving you greater freedom without having to worry about overpaying for your home insurance.
For those who can stay longer, you can consider signing up for a three-year bundle plan and enjoy premium savings.
For whom is AIG Homes Complete best suited?
AIG Homes Complete is made to meet the needs of renters and short-term travellers who do not wish to risk going without adequate home insurance (and neither should they!).
The affordability and flexibility of AIG Homes Complete also makes it a great option for homeowners seeking to boost their home contents protection, while adding some worldwide benefits that can come in handy when travelling overseas.
SingSaver Exclusive Promotion: Receive a Cornell Table Top Grill with Hotpot (worth S$109) when you apply for an AIG Homes Complete Insurance plan. Valid till 31 March 2023. T&Cs apply.
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