When people hear the term “comprehensive insurance” they appear to panic and become all worked up then wind up taking out the absolutely wrong insurance policy and probably also the most expensive Having said that, the idea of maintaining our property is an extremely fine one and is our safeguard against the sometimes overwhelming odds we must deal with and tolerate everyday – natural thunder storms, surges and crashes including the grinding wear and tear on our individual goods caused by the standard ravages of time. These days there are such a number of insurance firms to choose from – and there’s a comprehensive insurance coverage for almost everything you can consider from Lord of the Dance’s Michael Flatley’s feet right up to the Queen’s crown jewels in the UK. There’s even a coverage organization that exclusively insures wild and exotic animals
Comprehensive insurance historically includes all the different insurance policies you would have. For instance you may have various plans that cover each and every scenario, such as a life plan, health coverage, short-term insurance, household coverage as well as a plan to cover your company, your motor cars, your bikes and so forth. This would typically be called comprehensive insurance. In South Africa the phrases comprehensive protection and comprehensive insurance are sometimes confused and used inter-changeably. In addition, these plans don’t have to be taken out with the same insurance company. Another name for this type of protection would be a comprehensive collection of insurance cover. Having a wide variety of policies with various companies is wonderful to have but it could also take a big swipe out of your monthly income.
Talking about comprehensive insurance, we must mention that there are those types of insurance or safety cover that are typically often called comprehensive in the insurance plan business: including comprehensive workmen’s compensation, comprehensive car insurance and comprehensive household insurance. It is strange that insurance firms continue to have a list of items or happenings which are excluded from comprehensive cover. This is usually strange occurrences like earthquakes or flooding, however if you live in certain areas of the globe it might be a good idea to pay extra monthly premiums to have these situations covered. And in South Africa, with all the results of climate change, it might be something you would like to look into as well.
On a lighter note, here are a few thought provoking comprehensive insurance policies: 1. Everyone is aware that hitting a hole in one on the golfing course is an incredible experience. However it can turn sour in a short time when your round of drinks at the clubhouse has to go on a 2 year budget plan on your credit card Luckily for normal golfers there is a ‘hole in one’ policy to pay for this expense 2. Paranoid with regards to crime, aliens overpowering the planet or being accosted by a werewolf or vampire – believe it or not, there is a corporation you can use for insurance quotes;
And finally, might this be accepted as a comprehensive claim or not? ‘The people happened to run for the sidewalk, but I got him’…………….


