Property insurance provides financial protection against damage to your property and possessions caused by covered perils such as fire, theft, and natural disasters. This insurance policy covers the physical structure of your home, building, including the walls, roof, floors and foundation. In the event of a covered perils such as fire, windstorm, earthquake, the insurance will compensate and reimburse for the cost of repairing or rebuilding your home. It also covers your personal belongings, including furniture, clothing, electronics, paintings, and other valuables, in case they are destroyed, stolen, or damaged. The policy is extended to include other allied perils and you may choose between the two types of policies below.

Fire and Allied Perils
Fire and allied perils insurance provides coverage for damage or loss to property caused by specific perils, including fire, lighting , explosion, earthquake, storm, flood, riot, malicious damage, and impact by vehicles or aircraft and other allied perils.

Property All Risks (LM7)
LM7 all-risk property insurance provides coverage for your property against a broad spectrum of perils which is mainly a comprehensive protection for your property.

It allows an all risk coverage first , and a customizable or flexible option for individuals and businesses to choose between which coverage to keep and which one to remove from the plan. By offering protection against a wide variety of perils, this type of insurance can help safeguard your assets and financial security against unexpected losses.