The AIG survey shows that about half of respondents say they would struggle financially to rebuild their homes in the event of fire, flood or major damage. It is also alarming that three in four home owners incorrectly believe that mortgage or fire insurance covers loss or damage to home items due to fire, water damage or accidents. This type of policy typically covers the main property structure in case of a fire.
AIG home contents insurance survey
- PublishedAug 16, 2015, 5:00 am SGT
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