Whether your property is bonded or not - we can insure it!

If your property is bonded, legislation requires that you have insurance on that property. You are free to choose the best insurance for your circumstances.

The Hemisphere P³ insurance policy culminates from years of experience in the local insurance industry, infused with information gained from international insurance cover trends.

For many years, credit providers insisted that you insure your home with them. It was an easy process and it offered you peace of mind, knowing that your home is insured. You need to wonder if you got the best available cover at the best rates - more importantly, did it truly provide peace of mind?

A few interesting facts:

• Although they always provided you with a cover amount, they provided no guarantees to protect you from underinsurance.
• Although they provides various types of cover that independent insurers don't include, such as subsidence and landslip, most such claims are repudiated or paid partially due to the limitations in these types of cover.
• Although it is in the credit provider's best interests to ensure that they are aware of improvements or maintenance to your property, they've never taken an interest in assisting you with that.
• It is probably the most important insurance you have, but credit providers use automated processes without human interaction to make sure you are comfortable with the contents of the cover.
• It is also in the credit provider's best interests to ensure that they know the value of your property, but they only valuate the property when you apply for finance or when you extend your finance.

Hemisphere ensures that your home is protected properly and provides your credit provider with the following benefits:

• We offer the first insurance product that does NOT involve underinsurance - if you select to insure your property at replacement value, we'll determine the replacement value AND we waive the conditions of underinsurance.
• Hemisphere determines your home's value every year, not just when you claim.
• Hemisphere assists in finding the best vendor and price, even when damage or loss results from maintenance requirements.
• Hemisphere offers competitive premiums.
• Hemisphere ensures that you have guarantees on all work done, when you source your vendor through Our Homesphere Club's 24/7 assistance service.
• Hemisphere ensures that we provide your credit provider with all the documentation, cover and status they require - NO additional administration by you or your credit provider is required.
• Lastly and most importantly, our intermediaries and we ensure that we explain in detail, how your cover works, how it compares to your credit provider's in-house insurance, and what your rights and obligations are.

All in all, we make sure your right of choice is respected and exercised.