understanding financial jargon
Buildings and Contents Insurance
Your Buildings and Contents Insurance policy covers damage to both the fabric of the building caused by events such as fire, flooding or storm, and also damage to the contents of your home from events including those described above, and also theft or other events causing loss or damage. It is a condition of a mortgage that buildings insurance is taken out, and this can be purchased separately. Contents insurance can also be purchased separately for those cases where you do not own the property but only rent it.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
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