MSIG’s Enhanced HomePlus plan is suitable for those emphasising maximum coverage over cost. There’s S$1 million in worldwide personal legal liability coverage, up to S$75,000 death benefit (from accidents in the home), emergency cash allowances, and even coverage for fraudulent use of ATM and credit cards taken from your home.
However, while the additional coverage options are great, the maximum coverage for contents and renovation tops out at S$120,000 and S$150,000, respectively. It is one of the more expensive plans on the market, and some might even find the cost too high despite the level of coverage provided. And tenants and landlords might find this plan too inflexible since both renovation and contents coverage are automatically included.
Ultimately, it is a matter of priorities. If having the highest level of coverage possible is of much greater priority than an additional S$100+ in annual premiums, then this might just be the plan for you. After all, we do have a deal for you.
Enjoy 20% off, S$10 Cash via PayNow and S$25 vouchers with MSIG Enhanced HomePlus