Santam Home Contents Insurance Review 2023

Santam Home Contents Insurance is a policy that protects household items with the cover amount starting from R2,500.00. The Santam Home Contents Insurance covers veterinary expenses up to R5,000.00 or (2% of the insured amount). Santam Home Contents Insurance also covers the contents of a B&B, which has a more comprehensive policy.

If a house is rented out, home contents insurance can cover the contents up to 25% of the contents insured. Damages to household contents are also covered by Santam Home Contents Insurance, which pays out 2% of insured contents up to R10,000.00.

The Santam Home Contents Insurance covers guests, personal effects of guests, personal effects of domestic employees, and contents in a fridge or freezer. These effects are covered for 2% of the contents insured or R5,000.00 with the highest figure being paid out. 

Santam Home Contents Insurance protects a home’s contents from a variety of perils. With Santam Home contents insurance, policyholders can cover as many home contents as they want. This policy can cover items such as lounge suites, beds, clothing, kitchenware, freezers, contents in a fridge or freezer and more.

The policyholder’s home contents insurance will cover natural disasters such as fire, storm, flood, and lightning. The insurance policy includes theft and burglary coverage. Many extra benefits are included at no extra cost in the Santam Home contents insurance policy.

The Santam Home Contents Insurance is discussed in greater detail below.

Santam Home Contents Summary

Santam home contents insurance is a Santam protection plan that assists customers in protecting their household belongings. Your belongings are safe from theft and damage. Floods, lightning, storms, and fires are examples of natural disasters that are covered by the product.

Theft and burglary-related damages are also covered by Sanlam home contents insurance. If any of these incidents occur, Santam will repair or replace the insured home contents.

B&Bs are also covered by Santam Home contents insurance. B&Bs are insured for the same types of incidents that regular houses are. Furthermore, bed and breakfasts provide special benefits such as paying for guests’ medical expenses, trauma compensation, and damage to outdoor signs, blinds, and canopies.

Santam Home Contents Insurance and Santam Buildings Insurance can be combined to provide comprehensive coverage for your home and belongings. This method can be used by policyholders who have multiple insurance products to negotiate lower premiums.

Santam Home Contents Insurance goes to great lengths to ensure that all home content policies are adequately covered. As a result, policyholders must either keep up with inflation or obtain sufficient coverage. It is best to use an evaluator when purchasing home contents insurance to avoid being underinsured or overinsured.

If an insured event occurs, the Santam Home contents insurance provides extended benefits that can be claimed at any time. These additional benefits are discussed further below.

Santam Home Contents Insurance Benefits

The loss or damage of money in a dwelling of a registered address is covered by Santam home contents insurance. The sum insured for money loss or damage is R2500.00. The Santam Home Contents Insurance does not cover money that has been stolen.

The cost of debris clearance is R5000.00. If the contents of a car are taken, an insurance claim can be filed. Santam can replace the contents, but the cover price of this product is R5000.00.

The product covers the harm to guests and domestic employees. The protection is for 2% of the contents covered, or R5,000.00; however, when claiming, the amount that is the highest will prevail.

The Santam contents insurance covers the contents of the freezer and refrigerators. The cover for R5000.00, or 2% of the contents insured, however, the highest amount of cover prevails when making a claim.

Other extended benefits on the Santam contents insurance include:

• A death cover of R10,000.00;
• Trauma treatment of R5,000.00;
• Medical expenses of guests and visitors of R5,000.00;
• Medical expenses of domestic workers of R5,000.00;
• Veterinary expenses of R5,000.00 or 2% of the contents insured;
• Cost of fire bridge; and
• Accidental damage to mirrors and certain glass

Advantages of the Santam Home Contents Insurance

• Premiums of the Santam Home Contents Insurance are relatively low.
• Theft and burglary are covered by the insurance product.
• Natural acts are covered by the product.
• The insurance can be applied for online.
• B&Bs are also covered by the insurance product including guests at the B&B.
• Domestic employees are partially covered.
• Guests are partially covered.

Disadvantages of the Santam Home Contents Insurance

• There is no entry to a rewards program with the Santam Home Contents Insurance.
• Policyholders cannot get their cash back since there is no cashback benefit that can be added to the product.

Conclusion

Santam home contents insurance protects against a variety of events that are likely to occur, ensuring that one’s personal belongings are protected in the event of natural disasters. The product can be combined with a Santam Buildings Insurance policy to protect the structure of the building in the event of a natural disaster or theft or burglary.

The Santam Home Contents Insurance includes a number of additional features that are not included in the base price, making the product more appealing. The insurance plan protects the personal effects of domestic employees and guests, providing even more coverage that extends beyond the policyholder.