Home, sweet home! Human instinct leads us to secure and safe-guard our homes from natural and man-made catastrophes. AL AHLIA’s Householders Insurance cover protects the structure and contents of your home and ensures your peace of mind.  You can choose to buy insurance for only the building (structure) of your home, or only the contents (belongings) or both.

What does this policy cover ?

• Fire
  
  
• Riot, strike & malicious damage
  
  
• Explosion & implosion 
  
  
• Earthquake
  
  
• Lightning
  
  
• Storm, cyclone, tempest, tornado, hurricane, flood & inundation
  
  
• Damage due to impact by vehicles
  
  
• Missile testing operation
  
  
• Subsidence, landslides and rockslides
  
  
• Leakage from automatic Sprinkler installations
  
  
• Aircraft damage
  
  
• Bursting and/or overflowing of water tanks, apparatus and pipes
  
  
• In addition the policy also covers your precious jewelry against All Risk damages.

Optionally you can chose to take Personal Accident cover for your Domestic Staff for nominal payment.

 How to calculate the Sum Insured ?

The calculation for the Sum Insured depends on two key things, the structure of the house and the contents of the house.

• Structure of the house
  The policy insures the structure of your house for its reconstruction or Reinstatement Value (and not for market value). Reinstatement value is defined as the cost incurred to reconstruct the home if it is damaged. On the other hand market value is a combination of cost of land, demand & supply etc. Sum insured is calculated by multiplying the built up area of your house with the construction rate per sq. feet, e.g. if the built up area of your home is 1000 sq. feet and the construction rate is RO 80 per sq. feet, the Sum Insured for your home structure is RO 80,000. This value can be revised appropriately if expensive material like marble flooring, etc. has been used in construction. If your house has a lawn / garden surrounded by boundary wall, the construction rate would also include the cost of construction of this wall.
  
   
• The contents of your home
  Furniture, durables, clothes, utensils, jewelry, etc. - are to be valued on market value basis i.e. the current market value of similar items after depreciation. Depreciation does not apply for jewelry.