Our Products
Current Accounts
Information
RSS FeedsHomeSmart
Who is it for?
- HomeSmart insurance has been exclusively designed for Gulf Bank customers who do not own the property they reside in.
HomeSmart provides cover for the contents of your home by covering the cost of replacing or repairing the content items on a new for old basis if they were ever damaged, destroyed or stolen as a result of an insured event. Content items include furniture, electrical appliances, CD’s / DVD’s and general household items such as linen.
Benefits
- Restricted to residential premises
- Cover for fire, lightning, explosion, riot, theft or escape of water
- Additional cover includes: tenants liability, personal baggage, personal accident, legal protection, additional living expenses, loss of wages, personal accident cover for one domestic servant and loss of passport
Features
- Flexible payment option – you can choose monthly or annual payment options for no extra premium
- Home contents assessed by Enaya Insurance to ensure correct valuation and sum insured.
Charges
- Competitive premiums (price dependant on assessed home contents value)
| What you are insured for | HomeSmart Insurance | HomeSmart Insurance Plus |
|---|---|---|
| For both HomeSmart and HomeSmart Plus, the following events are insured: | ||
| Fire and explosion | Yes | Yes |
| Lightning | Yes | Yes |
| Sudden impact | Yes | Yes |
| Vandalism and malicious damage | Yes | Yes |
| Flash floods | Yes | Yes |
| Riots and public disturbances | Yes | Yes |
| Theft | Yes | Yes |
| Accidental glass breakage | Yes | Yes |
| Escape of liquid | Yes | Yes |
| Storm | Yes | Yes |
| Earthquake | Yes | Yes |
| Fusion or power surge | Yes | Yes |
| Building Cover | ||
| Total building replacement cover | No | Yes |
| Legal liability cover | No | Yes |
| Demolition and debris removal costs | No | Yes |
| Alternative accommodation costs | No | Yes |
| Replacement of locks or keys | No | Yes |
| Loss of rent | No | Yes |
| Contents Cover | ||
| New for old replacement | Yes | Yes |
| Legal liability | Yes | Yes |
| Tenants liability | Yes | No |
| Alternative accommodation | Yes | Yes |
| Domestic workers compensation | (Limited to 1 Domestic) | (Limited to 1 Domestic) |
| Personal accident cover | Yes | Yes |
| Personal baggage | Yes | Yes |
| Jewellery | No | No |
Branches
- Available in all Gulf Bank branches
NOTE: HomeSmart is underwritten by Enaya Insurance, Terms and Conditions apply
Have Your Say...
null
Did you know?
-
ATM Deposits
Find Out MoreSide step the queue by depositing cash or cheques using the new ATM machines.
-
Al Danah 2012
Find Out MoreSave more and save longer to earn more chances to win and to be the next Millionare
