Insurance 101
How does insurance work?
Understand how insurance works so that you can make the decision on whether you need it or not.
4 min read
Insurance policy
An insurance policy is essentially a contract between you and your insurer. It lays out all the details of the cover; part of it is what your insurer has to live up to and the other part is what you as the policyholder need to live up to. It will outline what’s covered, what’s not and how you can make use of your insurance.
What is in an insurance policy?
An insurance policy will jot down everything there is to know about the insurance you’ve bought. It takes a look at what things you are covered for, what you won’t be covered for, how to claim, what to do if there is an emergency, the limits of your cover, and what is required of you to activate your cover (if necessary).
Where do I find my policy?
Once you have bought cover, your policy is often emailed to you. Or in some cases you will be able to download it via your insurer’s app or you will find it on your insurer’s website.
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