Page 16 - ooba First Time Buyers Guide
P. 16
INSURANCE
We have got you covered with our two insurance products:
Buildings Protector
It is important that you be protected financially in the event that
you are faced with damage to the structure of your home. This is
why banks require you, as a homeowner, to have Buildings Protector
insurance.This insurance covers the bricks and mortar, including fixtures
and fittings, of your home giving you (and your bank) peace
of mind.
Bond Protector
Bond Protector insurance gives you the peace of mind that you can still
protect your home and family if, for some reason, you are unable to
keep paying your bond. Bond Protector insurance will cover your
outstanding bond amount in the event of death, permanent disability,
loss–of-income or dread disease.
