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Promotion period: 30 October to 30 November 2020
Fire Insurance ≠ Home Contents Insurance
If you have only fire insurance to protect your home, you’re getting limited or no coverage on your home contents and renovations. That means a huge sum of what you invested in your home is not protected.
Start protecting your home contents and renovations with myHome Protect. Buy now to enjoy our best promotion yet – 20% off annual plans*, only for the month of November.
By clicking the “Buy now” button, you will be leaving our website to access Chubb’s website. Please ensure that you understand Chubb’s product features and terms before purchasing.
How much is myHome Protect?
For a Classic plan, you enjoy S$90,000 coverage on your renovations and S$40,000 coverage on your contents – all at just S$73.49 per year if you remain claim-free for 12 months. We break it down for you below.
|Annual premium before discount
|Annual premium after 20% discount
|No Claim Bonus
Receive 25% refund of the preceding 12 months'
premium paid (excluding GST) if there is no claim
|Amount you pay effectively for a year of
coverage if you remain claim-free for 12 months
Terms & Conditions of myHome Protect Insurance Policy Promotion (“Promotion”)
1. The Promotion is jointly organised by DBS Bank Ltd (“DBS”) and Chubb Insurance Singapore Limited (“Chubb”) (collectively, the “Organisers”). myHome Protect policy is underwritten by Chubb and distributed by DBS.
2. To be eligible for the Promotion:
a.you must purchase a new myHome Protect policy with annual payment frequency (“Policy”) via DBS/POSB website or at any of the DBS/POSB branches from 30 October 2020 to 30 November 2020 (“Promotion Period”); and
b.your application and insurance premium payment must reach and be accepted by Chubb during the Promotion Period.
3. Each Policy accepted during the Promotion Period entitles you to receive a 20% premium discount (“Discount”).
4. The Discount on the Policy will continue to apply to each renewal of the Policy so long as you keep the Policy active by paying the recurring premiums.
5. The Discount is non-exchangeable for cash and non-transferrable.
6. The Promotion is not applicable with other promotions, vouchers, rebates or privileges applicable to the Policy.
7. The Organisers may change these terms or suspend / terminate the Promotion without giving notice.
8. The Organisers will have the final decision on all matters regarding the Promotion.
myHome Protect is underwritten by Chubb Insurance Singapore Limited (“Chubb”) and distributed by DBS Bank Ltd (“DBS”). It is not an obligation of, deposit in or guaranteed by DBS. This is not a contract of insurance. Full details of the terms, conditions and exclusions of the insurance are provided in the policy wordings and will be sent to you upon acceptance of your application by Chubb.
You have a free look period of 30 days from the date you receive the Policy. If you decide to cancel the Policy within these 30 days, please inform Chubb in writing and they will cancel the Policy from its start date and refund the full premium paid, provided no claim has arisen.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation ("SDIC"). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Chubb or visit the General Insurance Association or SDIC websites.