A home insurance policy is a commitment from the insurance company that they will indemnify you, the insured, subject to the terms and conditions of your policy. The policy protects you against loss, damage or legal liability that is incurred during the policy period.

Why insure your home?

Your home is perhaps your most valuable possession. The possibility of losing it along with other cherished items is ever present whether due to fire, lightening, hurricane, storm, flood, earthquake, burglary, theft and a host of other eventualities. Can you afford to replace all your possessions if damaged or stolen?

JIIC's Home Cover Comprehensive policy covers the building, household goods and personal belongings which includes jewellery, appliances, satellite dish and computers, according to your requirements.  It also covers your personal liability and as owner and/or occupier of the premises, including your liability to your domestic employees.


At What Value Should you Insure?

You should always insure for the full replacement value of the property. If you insure your property for less than the full replacement value and you suffer a loss the average clause will apply.
However, if you insure with JIIC for 85% or more of the full replacement value the average clause will not apply. We also have an  'Agreed Value Policy'.


Is a valuation required in order to insure?

A valuation is the only means of knowing the full replacement value of your property. If you cannot afford a detailed valuation, JIIC will help you to get a valuation for insurance purpose only (conditions apply).


Why Get JIIC's Premier Home Cover?

• The policy is written in simple English. Hence it's easy to read and understand.
• JIIC is a wholly owned subsidiary of GraceKennedy Ltd. so we will be there when you need us most.
• JIIC is the only local general insurance company rated financially "secure" by A.M Best.
• JIIC has a team of well-trained and motivated professionals ready to  serve you.
• You will earn additional discounts off your motor insurance  premium (conditions apply)

What is Covered?

Your home is covered against loss or damage by:

1. Fire, lightning, explosion
2. Earthquake or volcanic eruption
3. Hurricane, storm, flood
4. Riot, strike or labour disturbances
5. Burglary, housebreaking, theft or attempted theft, malicious damage or vandalism provided that no member of your  household is a party to the loss or damage.
6. Escape of water from any domestic appliance or as a result of bursting or overflow of any apparatus or pipes situated on  the premises.

N.B. No. 5 and 6 cover will not apply if the premises are insufficiently furnished for normal living purposes or not lived in for more than 60 consecutive days.

Additional Coverage

For Building

1. Accidental breakage of fixed glass and sanitary fixtures
2. Accidental Damage to septic pits, underground tanks, drains, pipes and cables
3. Cost of Temporary Accommodation or Reimbursement for Rent Lost - conditions apply
4. Your legal liability as tenant for damage to the building of the home resulting from any of the insured perils
5. Your legal liability to pay damages for bodily injury to domestic employees occurring at your home.

For Contents

1. Accidental breakage of fixed glass in furniture, pictures and mirrors not caused by an insured peril.
2. Loss or damage to pool and patio furniture arising from any of the  insured perils.
3. Spoilage of Food in Freezer or Refrigerator - conditions apply.
4. Loss of or damage to contents temporarily removed to another building.
5. Automatic increases in sum insured in respect of cost of presents and extra food and drink purchased for Christmas or family member's  wedding - up to 10% of sum insured on contents.

Is There Excess on the Home Cover Policy?

YES. The excess is 2% for earthquake, hurricane and other catastrophe perils.
There is No excess for Fire or any other peril related to building and or contents.


What is the excess or deductible?

The excess / deductible is a limitation of the cover, which requires that you pay a proportion of the loss. The sum varies based on the nature of the loss.


What To Do In The Event Of A Loss:

You must always take all reasonable steps to keep the building/property in a proper state of repair and protect the property and prevent damage.

However, when any circumstance occur which will or might give rise to a claim, you must:

1. Notify us in writing as soon as possible
2. Notify the police immediately if a crime is involved
3. Supply us (at your expense) with full particulars in writing within 30  days of the incident
4. Forward to us immediately any letter, claim, writ or summons received  by you; you must not make any admission, offer, payment or promise of  payment without our consent.

See our FAQs for more on Home Cover