The mega storm that hit Malta over the past days caused major damage in various parts of the islands. According to various reports, the trail of destruction of Sunday’s storm is likely to cost several millions of euros in damages. As anticipated, GasanMamo Insurance had a considerable number of claims by those whose property suffered damage.

The strong winds and heavy rain, coupled with the rough seas, which were experienced at the end of last week, brought to light the importance of having a home insurance, as potential damage to one’s home can disrupt financial plans, leaving one devastated.

Home insurance alleviates the pain and frustration during these difficult moments by offering peace of mind that the financial impact is reduced.

“Under a home insurance policy, you can insure several selected personal possessions such as jewellery and electronics on an all risks basis,” said GasanMamo managing director Julian J. Mamo.

“This is the widest cover available and covers your possessions for accidental loss or damage anywhere around the Maltese Islands Policies are also extended overseas in the event of short holiday or business trips.”

A home insurance policy is a package policy providing a comprehensive cover. It includes a cover for loss or damage following fire, explosion, lightning, thunderbolt, earthquake, theft, riot, civil commotion, vandalism and acts of malicious persons, storm or flood. It also covers for accidental damage to both buildings and contents and covers your legal liability towards third parties as the owner/occupier of your buildings. Furthermore, home insurance will provide the protection and peace of mind required to safeguard most people’s largest single investment – their home.