Personal insurance guides

Understanding Insurance Types

• Insurance policies vary widely — always check what is covered, what is excluded, and the claim limits. • Most policies are ‘contractual promises’ with strict definitions. Small wording differences can change outcomes. • Premiums are based on risk information you provide. Inaccurate details can lead to claims being reduced or declined. • Excess, limits, and conditions matter as much as the headline cover. • Renewal is a key moment to review cover, not just price.